Microsoft Corp, one of the largest technology companies in the world. Selles personal computing devices, cloud systems and services, software, and other products...Microsoft is listed on the Nasdaq Exchange under the ticker symbol MSFT.
The company was founded in 1975 by Bill Gates and Paul Allen in a garage in Albuquerque, New Mexico. Five years later, Gates and Allen were hired to provide IBM’s first personal computer operating system, and in 1985 Microsoft launched its current popular Windows software product...In 1986, the company raised $ 61 million in an initial public offering (IPO), which some analysts called “the deal of the year.” By the late 1980s, Microsoft had become the largest personal computer software company in the world...Based in Redmond, Washington, the company’s stake has increased more than 100-fold in the decade following its IPO, making it one of the world’s largest companies by market value today..... ....
Microsoft offers products for both consumers and businesses, including Apple and Inc. (AAPL), Amazon.com Inc. (AMZN), International Business Machines Corp. (IBM), Oracle Corp. We are competing with companies such as in a wide range of industries. (ORCL).
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Microsoft’s latest development
- On August 31, 2021, Microsoft announced that the latest version of the Windows operating system, Windows 11, will be released on October 5, 2021.
- On August 25, 2021, The Wall Street Journal reported that Microsoft had hired Charlie Bell as Vice President of the Enterprise. Bell worked with Amazon CEO Andy Jassy as Senior Vice President of Amazon Web Services for over 20 years.
- On August 19, 2021, Microsoft announced the first significant price increase for Microsoft 365 since 2011. The monthly price increases that will take effect on March 1, 2022 are as follows. Microsoft Business Basic goes from $ 5 to $ 6. Microsoft Business Premium is $ 20 to $ 22, Microsoft 365E3 is $ 32 to $ 36, Office 365E1 is $ 8 to $ 10, Office 365E3 is $ 20 to $ 23, and Office 364E5 is $ 35 to $ 38.
- On August 10, 2021, Microsoft and Nextgov reported that Microsoft challenged the US National Security Agency’s (NSA) decision to sign a $ 10 billion contract with Amazon. The protest was initially filed with the Government Accountability Office (GOA) on July 21, 2021. The exact nature of the contract is unknown.
- On July 28, 2021, Microsoft released its fourth quarter 2021 earnings report. This exceeded analysts’ expectations regarding earnings and earnings per share (EPS).
- On July 15, 2021, Microsoft announced the third major security vulnerability related to the Windows Print Spooler Program. The workaround currently proposed by Microsoft is to stop and disable the Print Spooler service.
- On July 6, 2021, Microsoft released a patch to address a new security threat called “Print Nightmare”. This exploit allows hackers to control their computer through Windows Print Spooler. This is software that controls the order in which documents are sent to the printer. This vulnerability was first published when cybersecurity firm Sangfor published a guide showing that vulnerabilities that have already been patched to the program are worse than previously thought. However, in reality, it turns out that we have published a guide showing exploits that have not been patched similarly. In addition, other researchers have found that the patch does not completely fix the problem and some computers are unable to connect to the printer. Patch protection is incomplete, but users must download the patch to provide some protection against security issues.
- On June 29, 2021, Bloomberg reported that Microsoft and Google had terminated their contract to negotiate a disagreement between them through several dispute mechanisms before filing a dispute with a regulatory agency or court. The agreement, originally signed in 2015, also agreed that the two sides would not target each other’s efforts. The main factor is that Google’s search engine ad management platform Search Ads 360 has not added new features for placing ads on Microsoft’s search engine Bing as it did in Google, which is unfair to Google. Microsoft’s claim that it gives it a competitive advantage.
- On May 27, 2021, Microsoft observed a cyberattack by threat actor Nobelium targeting government agencies, think tanks, consultants, and non-governmental organizations. The wave of this attack was from over 150 different organizations. We have targeted about 3,000 e-mail accounts. ” Nobelium is Microsoft’s name for the entity involved in last year’s SolarWinds hack and appears to have originated in Russia. A hacker broke into the United States Agency for International Development’s (USAID) Constant Contact account (email marketing service) and used that account to send phishing emails that appeared to have been sent by USAID. Nobelium is believed to be associated with the Russian Foreign Intelligence Service SVR.
- On May 19, 2021, Microsoft announced that it would discontinue Internet Explorer and adopt Microsoft Edge on June 15, 2022.
- May 10, 2021 The Wall Street Journal Pentagon officials have reported that they are considering withdrawing the $ 10 billion contract for the Joint Enterprise Defense Infrastructure (JEDI) given to Microsoft in 2019. The deal alleges that Microsoft was unfairly awarded a transaction based on political influence. The proceedings do not appear to go anywhere immediately, as a federal judge dismissed the Pentagon’s motion to dismiss the proceedings in April 2021.
- On April 27, 2021, Microsoft reported revenue for the third quarter of the quarter ending March 31, 2021. Revenue was $ 41.7 billion and adjusted earnings per share (EPS) was $ 1.95. Both of these numbers were higher than analysts expected. Revenues from Microsoft’s leading Azure cloud computing platforms increased 50% year-over-year (YOY), surpassing analysts’ forecasts of 46.3%.
- On April 12, 2021, Microsoft announced that it would acquire AI and speech recognition software company Nuance Communications for $ 19.7 billion, including debt. Microsoft said it will use the acquisition to further support its efforts to promote Microsoft Cloud services, especially for Nuance’s main market for the healthcare industry. The two companies will sign a contract later this year.
- On March 8, 2021, the European Commission approved Microsoft’s $ 7.5 billion acquisition of video game company ZeniMax Media, clearing the largest antitrust hurdle to the acquisition. ZeniMax is the parent company of video game publisher Bethesda Softworks.
- On March 2, 2021, Microsoft announced that there was a country-sponsored cybersecurity threat called “Hafnium” based in China. The Halfnium attack targeted a Microsoft product called Microsoft Exchange Servers, an email and calendar server product. Microsoft has released a set of patches for Microsoft Exchange Server. However, there is a big problem with patches. If you try to install the patch without running it as an administrator, the patch will not completely update the correct files, but you will not receive an error message stating that the patch is not working. , It looks like it’s installed correctly even if it doesn’t work. “There are at least 60,000 known victims in the world,” Bloomberg reported.
Frequently Asked Questions
How profitable is Microsoft?
According to the latest quarterly report, Microsoft posted net income of over $ 16.5 billion for the quarter ended June 30, 2021, up 47% year-over-year. According to a report released on July 27, 2021, Microsoft’s revenue for the quarter was $ 46.2 billion, up 21.3% year-on-year (YOY). Earnings per share (EPS) was $ 2.17, 48.6% …