Privately held defense stock Anduril Industries is shaking up the defense industry. Palmer Luckey, co-founder of the company, is on record saying it's "important" for Anduril to IPO, and, in fact, the company is "on a path to being a publicly traded company" after doubling its 2024 revenue to $1 billion.
Microsoft formed a “death cross” – a bearish chart pattern this week that's broadly seen as a sign of a continued decline ahead. A death cross is when a stock's 50-day MA slides below its 200-day MA.
Innovation is pouring out of the big technology companies. From hand-controlled augmented reality glasses at Meta Platforms, self-driving car commercialization at Alphabet, and robot-controlled warehouses at Amazon, these companies keep extending their technological superiority over the competition, laying the groundwork for future growth.
Microsoft (MSFT 1.14%) made headlines when it recently announced its Majorana 1 quantum computing chip, which utilizes a new state of matter to perform quantum computing tasks. This is a big breakthrough for Microsoft, especially because it thinks it can scale this chip to have 1 million qubits (the quantum computing information storage unit).
A Microsoft Outlook outage affected thousands of users' email access on Saturday. The outage led to over 35,000 complaints on Downdetector.
Tens of thousands of users reported outages in various Microsoft programs on Saturday, according to Downdetector.
Microsoft (MSFT) closed at $396.98 in the latest trading session, marking a +1.13% move from the prior day.
Better products like Teams and Zoom have usurped the innovations of the videoconferencing pioneer.
Microsoft has announced it will shut down Skype, once the dominant video call service, in May this year.
Microsoft is hanging up on the service that helped make video calling mainstream, and will focus on Teams.
Microsoft said Friday (Feb. 28) that it will retire Skype in May and focus on Microsoft Teams as its communications and collaboration hub. This move will allow the company to streamline its free consumer communications offerings and more easily adapt to customer needs, Jeff Teper, president, collaborative apps and platforms at Microsoft, wrote in a Friday blog post.
Microsoft has announced the official shutdown date for Skype, the once-revolutionary calling and messaging service that disrupted traditional telecoms. The 21-year-old platform will cease operations on May 5, with Microsoft urging users to transition to its Teams application.