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Microsoft shares hit record highs, powered by growing cloud sales

3 days ago DieselGasoil Comments Off on Microsoft shares hit record highs, powered by growing cloud sales
(Reuters) – Microsoft Corp (MSFT.O) on Thursday beat analysts’ estimates for fourth-quarter revenue and profit, driven by continued sales increases from its cloud business and sending its shares to all-time highs. FILE PHOTO: The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo Since Read More

Microsoft beats estimates, powered by growing cloud profits

3 days ago DieselGasoil Comments Off on Microsoft beats estimates, powered by growing cloud profits
(Reuters) – Microsoft Corp (MSFT.O) on Thursday beat analysts’ estimates for fourth-quarter revenue and profit, powered by continued sales increases from its cloud business and a boost from businesses upgrading Windows. FILE PHOTO: The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo Since Read More

Microsoft sales beat expectations as cloud growth slows

3 days ago DieselGasoil Comments Off on Microsoft sales beat expectations as cloud growth slows
(Reuters) – Microsoft Corp (MSFT.O) beat analysts’ estimates for fourth-quarter revenue and profit on Thursday, even as sales growth began to slow for its cloud product Azure and Office software. FILE PHOTO: The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo Since Chief Read More

Netflix sinks on subscriber losses, analysts still see growth

3 days ago DieselGasoil Comments Off on Netflix sinks on subscriber losses, analysts still see growth
(Reuters) – Wall Street brokerages stuck to a positive outlook on Netflix Inc (NFLX.O) on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock losses in U.S. subscribers in the second quarter that sank its stock price. Shares in the company fell 11% in morning trade, as investors worried Read More

BOEM announces region-wide lease sale for GOM

3 days ago DieselGasoil Comments Off on BOEM announces region-wide lease sale for GOM
7/18/2019 WASHINGTON – U.S. Secretary of the Interior David Bernhardt today announced that the Bureau of Ocean Energy Management (BOEM) will offer 77.8 million acres for a region-wide lease sale scheduled for Aug. 21, 2019. The sale would include all available unleased areas in federal waters of the Gulf of Mexico. Lease Sale 253, scheduled Read More

Volvo Cars to cut costs as trade war dents profits

3 days ago DieselGasoil Comments Off on Volvo Cars to cut costs as trade war dents profits
STOCKHOLM (Reuters) – Volvo plans to cut fixed costs by 2 billion Swedish crowns ($214 million), it said on Thursday, becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-U.S. trade war were denting profitability. FILE PHOTO: A long exposure picture shows cars of Swedish automobile manufacturer Volvo displayed in Read More

Transgender women attack two men with sticks & chairs in India

3 days ago DieselGasoil Comments Off on Transgender women attack two men with sticks & chairs in India
A group of apparently transgender women were filmed beating a man with sticks and throwing a chair at another man in a car during an argument in India. Police have launched a probe into the conflict. According to police, the incident took place in the city of Karnal in India’s northwestern Haryana state on July Read More

Verizon resurrects media business as safe haven on the internet

3 days ago DieselGasoil Comments Off on Verizon resurrects media business as safe haven on the internet
New York (Reuters) – Banning pornography from Tumblr was not necessarily meant to define Verizon Media’s strategy to turn around a collection of Internet has-beens. But that is how it has played out. The Verizon logo is seen on the side of a truck in New York City, U.S., October 13, 2016. REUTERS/Brendan McDermid After Read More

Driver who transported missile that downed MH17 flight jailed

4 days ago DieselGasoil Comments Off on Driver who transported missile that downed MH17 flight jailed
By David Chipakupaku, news reporter Ukrainian security services have confirmed the driver of a truck that transported the missile which shot down Malaysia Airlines flight MH17 has been in jail since 2017. MH17 was flying from the Malaysian capital of Kuala Lumpur to Amsterdam in the Netherlands on 17 July 2014, when it was shot Read More

Porsche offers computerized cruise control for twisty roads

4 days ago DieselGasoil Comments Off on Porsche offers computerized cruise control for twisty roads
See the most exotic cars from the Geneva Motor Show I was going almost 50 miles an hour on a mountain road just north of New York City. Ahead of me, the road curved sharply to the left with just a thin metal railing between the speeding car and a long drop down a mountainside Read More