Briefly in April, Microsoft’s valuation topped $1 trillion, making the enterprise technology giant the third U.S. company after Apple and Amazon to pass the milestone. It’s another feather in the cap for CEO Satya Nadella who has pushed Microsoft to focus on its fast-growing Azure cloud computing business rather than its legacy Windows operating system. The cloud pivot has paid off well for Microsoft, which had $110.4 billion in revenue during its fiscal 2018, a 14% gain from the previous year.
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This is your Data Sheet newsletter for Monday, June 24, 2019.
The 17-year-old also described Facebook's new Libra as 'cool.'
If the tariffs are implemented, laptop and tablet prices will increase by at least 19%, according to the Consumer Technology Association
They also strengthen employee loyalty.
Bernard Arnault, Europe’s richest person, just joined Jeff Bezos and Bill Gates in the world’s most exclusive wealth club with a fortune of at least $100 billion.