American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The age of Azure is upon us.
For the first time in more than three years, Microsoft's Intelligent Cloud reporting segment, which includes the Azure public cloud that competes with market leader Amazon Web Services, contributed more revenue to Microsoft overall than the two other segments: Productivity and Business Processes, which contains Office, and More Personal Computing, which includes Windows. The milestone comes from Microsoft's fiscal fourth-quarter 2019 earnings report, which the company released Thursday.
To be sure, the Intelligent Cloud segment contains several products other than Azure, including SQL Server, Windows Server, Visual Studio, System Center, consulting services and support.
Nevertheless, Azure benefits from a secular shift to cloud that has also boosted other companies, including Alibaba, Google, IBM and Oracle.
Azure's growth remains meaningful at 64% on an annualized basis in the fiscal fourth quarter, although it's no longer doubling every year, as it was in 2016. Companies that have bought software from Microsoft for years have been adopting Azure. AT&T announced its plan to move workloads to Azure this week.
Windows revenue from device makers was up 9% on an annualized basis in the quarter, even as people move to update to Windows 10.
Meanwhile, more traditional products in the Intelligent Cloud category are growing. End of support for SQL Server 2008 and Windows Server 2008 led to growth for server products within Intelligent Cloud, the company said.
Microsoft has used the three current reporting segments since the first quarter of the 2016 fiscal year, or the third quarter of 2015. Before that, Microsoft used two main reporting segments: Commercial, and Devices and Consumer.