Microsoft report beating expectations
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Microsoft reported revenues of $51.7 billion, increased 20% and operating income of $22.2 billion, increased 24%, for the quarter ending December. Earnings per share was $2.48 and increased 22%. The
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Mergers and Acquisitions: 2022 a big year driven by digital and data
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The intensive demand for digital and data-driven businesses will probably mean “another supercharged year” for mergers and acquisitions (M&A), consultancy PwC forecasts in a report about M&A trends for 2022.
Tech salaries all time high but more want to work from home
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Tech salaries in the US has for the first time passed the six-figure mark to average USD 104,566, up 6.9% year over year, the highest in a 17-year statistic, tech
Microsoft invests billions in gaming to become a metaverse superpower
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Microsoft is acquiring gaming company Activision Blizzard for $68.7 billion dollars, strengthening their gaming branch, with an eye towards the metaverse. “Gaming is the most dynamic and exciting category in
Skills gap and inflation means a good year for tech consultants
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Worldwide IT spending will grow 5.1% in 2022 and reach a total of USD 4.5 trillion. Despite the potential impacts of the Omicron variant, economic recovery with high expectations for
Google buying London office stressing flexible work
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Google announced it is buying the central London building close to Covent Garden where it is now renting saying “we believe that the future of work is flexibility. Whilst the
Meta facing multibillion dollar UK class action case
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Meta/Facebook is facing a multibillion dollar UK class action for breach of competition law on the basis that it abused its dominance of social networking for several years. The class
EU plans tougher legislation against child abuse online
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New actions to protect children online have been announced by the EU Commission and UK’s Information Commissioner’s office (ICO). The EU Commission wants tougher rules against child sexual abuse online
Record number of unicorns born
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The US venture industry 2021 generated a record number of so called unicorn companies valued at more than USD 1 billion, surpassing the combined total of each of the past
New huge fines for Google and Facebook by French authority
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The French National Committee on Informatics and Liberties (Commission Nationale de l’ Informatique et des Libertés- CNIL) announced a total amount of 210 million euros’ fines against Google and Facebook,