Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
Tesla was set for its seventh straight day of losses after more analysts joined the growing list of those concerned with its finances.Investingread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Appaloosa's David Tepper has reportedly discussed returning the hedge fund's capital to investors and converting it to a family office.Hedge Fundsread more
Huawei is winning over more and more Apple fans in China as the escalated trade tensions stoked "nationalist sentiment," according to South China Morning Post.Marketsread more
With Tesla shares skidding, two experts weigh in on what could be next for the automaker and its volatile stock.Trading Nationread more
U.S. tariffs on Chinese goods are hurting an unintended target as the country's trade war with China rages on, a study by the International Monetary Fund found.Marketsread more
Papa John's founder John Schnatter has been selling his shares in the company but remains its largest shareholder.Restaurantsread more
First-time claims for state unemployment benefits were expected to total 215,000 for the most recent week, up slightly from the 212,000 claims reported for the previous week.Economyread more
U.S. Secretary of State Mike Pompeo joined CNBC's "Squawk Box" on Thursday.Energyread more
The move comes as their customers increasingly adopt cloud software and infrastructure, which can make it more difficult to draw conclusions based on all the data stuck in various disparate systems.
There's no clear road map for the Open Data Initiative, which was unveiled at the Microsoft's Ignite conference in Orlando, Florida.
But initially the idea is to have multiple business applications using a common data model within Microsoft's Azure cloud, a Microsoft spokesman told CNBC. Microsoft's Dynamics 365, SAP's C/4HANA and Adobe's Experience Cloud will be among the first compatible services, the spokesman said.
"You have these very sophisticated, rich application suites from SAP, from Adobe, from Microsoft. And the commitment you're hearing from the three of us is that we're going to unlock the data across all of these suites," Microsoft CEO Satya Nadella said during the announcement. "There is no data silos. Think of all data as a continuous renewable resource."
Nadella said that with by operating in Azure as part of the new effort, applications can benefit from the use of additional technologies, including artificial intelligence. Microsoft provides cloud tools for image recognition, speech recognition and text translation, among other things.
Nadella invited other companies and customers to join the initiative, calling the partnership an "open framework" for others to build upon. It's not clear if Microsoft's competitors in the cloud, including Amazon and Salesforce, will get involved.