Microsoft Azure revenue grows 50% as pandemic fuels cloud and gaming demand

Posted by - January 27, 2021

Microsoft Corp recently reported its Azure cloud computing services grew 50%, the second quarter of acceleration in a business that had begun to slow as the global pandemic benefited the software maker’s investment on working and learning from home. The company’s shares rose 5% in extended trading after gaining about 41% in 2020 as COVID-19

Twitter hits $1 billion in quarterly revenue

Posted by - February 7, 2020

Twitter has hit $1 billion in quarterly revenues for the first time in its history, as the company boasted improved advertising income and sizable increase in active users. The social networking giant announced its Q4 2019 financial and user metrics this morning, revealing revenues of $1.01 billion — a year-on-year (YoY) increase of 11% on