Category: MSFT
News and stock developments for MSFT
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Microsoft Expands Cloud Services Amidst Intensifying Competition
Microsoft Corporation is positioning itself aggressively within the cloud computing space, as the tech giant seeks to maintain its lead against increasing competition from Amazon Web Services and Google Cloud. The company reported a 15% year-over-year increase in cloud revenue, totaling $30 billion in the latest quarter, while its overall revenue reached $60 billion, reflecting…
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