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Microsoft Corp – XtremeCuztoms

Category: Microsoft Corp

Microsoft Cloud Outage Hits Users Around the World

Microsoft Corp said on Wednesday it had recovered all of its cloud services after a networking outage took down its cloud platform Azure along with services such as Teams and Outlook used by millions around the globe. Azure’s status page showed services were impacted in Americas, Europe, Asia Pacific, Middle East, and Africa. Only services in…


Microsoft to Roll Out ‘Data Boundary’ for EU Customers From Jan. 1

LONDON/STOCKHOLM—Microsoft Corp. said on Thursday its European Union cloud customers will be able to process and store parts of their data in the region from Jan. 1. The phased rollout of its “EU data boundary” will apply to all of its core cloud services—Azure, Microsoft 365, Dynamics 365, and Power BI platform. Big businesses have…


Microsoft Cloud Computing Changes to Allay EU Antitrust Concerns Effective Oct. 1

BRUSSELS—Amended licensing deals and other changes making it easier for cloud service providers to compete will take effect on October 1, Microsoft Corp said on Monday, a move triggered by complaints about the U.S. software company to EU antitrust regulators. Microsoft President Brad Smith had announced the changes in May but did not say when…


Microsoft Fixes Flaw Exploited by State-Backed Hackers

Microsoft Corp. released a fix for Windows zero-day flaw exploited by state-backed hackers. However, cybersecurity firm Sophos noted that the fix did not feature on the list of patches included in the release. However, it confirmed the mitigation of Follina. Microsoft strongly recommended that customers install the updates for complete protection from the vulnerability. Hackers exploited the Follina flaw to execute malicious…


Microsoft Invests $50 Million in Alcohol-to-Jet Fuel Biorefinery

Microsoft’s Climate Innovation Fund will invest $50 million in a LanzaJet facility in Georgia to produce jet fuel from ethanol next year, according to a LanzaJet press release. The invested funds will go toward finishing the construction of the Freedom Pines Fuels Plant in Soperton, Georgia, with plans to start producing 10 million gallons of…


AT&T Agrees to Sell Advertising Marketplace Xandr to Microsoft

AT&T Inc agreed to sell its global programmatic advertising marketplace, Xandr Inc., to Microsoft Corp. The financial terms of the transaction remain undisclosed. The agreement builds on a decade-long relationship between Xandr, including its predecessor companies, and Microsoft for delivering global digital media solutions for advertisers. Xandr’s technology strategically complements Microsoft’s current advertising offerings and will help accelerate…


Wells Fargo Sees ‘Bright Future Ahead’ for Microsoft

Wells Fargo analyst Micahel Turrin initiated coverage of Microsoft Corp. with an Overweight rating and a $400 price target, implying a 15 percent upside. Even after becoming one of the largest companies on the planet, Microsoft still has a “bright future ahead.” The company has continued growth opportunities in “huge categories” of IT spend, the ability further to monetize…


Microsoft Rolls out New Tech to Connect Its Cloud to Rivals

Microsoft Corp. on Tuesday announced a new round of technologies aimed at making its cloud computing services work in data centers it does not own—including the cloud data centers of its rivals. The strategy, Microsoft executives and analysts say, has been key to the company’s rise in the cloud computing infrastructure market, which research firm…


Microsoft Sees Cloud Business Growth, but Supply Woes Continue for Xbox

Microsoft Corp., on Tuesday forecast a strong end to the calendar year thanks to its booming cloud business but said supply chain woes will continue to dog key units such as those producing its Surface laptops and Xbox gaming consoles. The company beat Wall Street expectations for its first quarter ended Sept. 30, with pandemic-induced…


Microsoft: Russia Behind 58 Percent of Detected State-Backed Hacks

BOSTON—Russia accounted for most state-sponsored hacking detected by Microsoft over the past year, with a 58 percent share, mostly targeting government agencies and think tanks in the United States, followed by Ukraine, Britain, and European NATO members, the company said. The devastating effectiveness of the long-undetected SolarWinds hack—it mainly breached information technology businesses including Microsoft—also…