networking

Microsoft Reports Third Quarter Earnings

Microsoft Reports Third Quarter Earnings

Microsoft Corp. (NASDAQ: MSFT) announced financial results for the third quarter.  Revenue amounted to USD 35 Billion, a 15% increase compared to the same period last year.  Operating income was USD 13 Billion, a 25% increase compared..

Facebook to Fund Trainee Local Britain Newspaper

Facebook to Fund Trainee Local Britain Newspaper

Facebook (NASDAQ:FB)  is reportedly donating USD 5.8 Million to support communities that have lost local newspapers and reporters in order to train journalists in Britain.  The Company said on Monday it realizes that many readers often rel..

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco Systems Inc. (NASDAQ: CSCO) said Thursday that it has agreed to buy Duo Security Inc. a cybersecurity startup based in Ann Arbor, Michigan, for USD 2.35 Billion in cash and stock.The deal is Cisco’s largest acquisition since its USD 3.7 ..

Momo Inc Beat on First-Quarter Earnings

Momo Inc Beat on First-Quarter Earnings

On Tuesday, Momo Inc. (NASDAQ: MOMO), which is a leading mobile social networking platform in China, announced its financial results for the first quarter of fiscal 2018.The company reported total net revenues of $435.1 million for the first quarter..

Google and Cisco team up for new Cloud solution

Google and Cisco team up for new Cloud solution

Cisco Systems Inc. (NASDAQ: CSCO) and Alphabet’s (NASDAQ: GOOGL) Google Cloud division announced on Wednesday that two companies will now team up to build more efficient hybrid cloud solutions. The cloud will be managed and secured along facil..