According to knowledgeable sources, Microsoft Corporation (NASDAQ MSFT) is laying off its entire global advertising sales team. The reduction in force comes as the ad sales positions have become largely redundant as individual divisions are handling their own ad sales today. The sources note the layoffs are coming within the Microsoft Advertising division, and are…
Microsoft (NASDAQ MSFT) has released a new wearable device. It has some features that apparently all such devices need to have, particularly health monitoring. However, the software company is late to the game, even though it released its watch before some competitors. Also, there is reason to think the market for these products is already…
Hilliard Lyons upgraded its stock rating for Microsoft Corporation (NASDAQ MSFT) to long-term Buy with a price target of $52 per share due to the improving operating performance of the company. Hilliard Lyons technology analyst, Stephen Turner said that a strong cloud adoption and constructive cost containment prompted them to upgrade their rating for Microsoft…
Last week, technology giant Microsoft (NASDAQ MSFT) reported its fiscal first quarter results. The headline numbers looked really impressive, but they were again due to very conservative guidance from the company. Microsoft’s revenue growth appears very strong right now due to the Nokia acquisition, but the added costs are pressuring the bottom line. Microsoft reported…
Microsoft Corporation (NASDAQ MSFT) is set to cut the price of the Xbox One by $50 this holiday season. The tech giant’s special holiday promotion will be valid on Xbox One consoles or bundles until January 3rd. This deal will be available at all major retailers in the United States including Amazon, Walmart, Target, Best…
Last week, Microsoft Corporation (NASDAQ MSFT) announced that over a million testers have registered for its Windows 10 Technical Preview in just two weeks. The software giant said it had received more than 200,000 “pieces of user-initiated feedback.” About one-third of the builds are run virtually, with the remaining two-thirds running it natively. Tens of…
