Editor’s Note: Related tickers: Microsoft Corporation (NASDAQ:MSFT), QUALCOMM, Inc. (NASDAQ:QCOM), NVIDIA Corporation (NASDAQ:NVDA)
Microsoft liberates two million PCs from Citadel (BusinessSpectator)
Microsoft Corporation (NASDAQ:MSFT) says an assault it led earlier this month on one of the world’s biggest cyber-crime rings freed at least 2 million PCs infected with a virus believed to have been used to steal more than $US500 million from bank accounts worldwide. “We definitely have liberated at least 2 million PCs globally. That is a conservative estimate,” Richard Domingues Boscovich, assistant general counsel with Microsoft Corporation (NASDAQ:MSFT)’s Digital Crimes Unit, said in an interview overnight. He said the vast majority of infected machines were in the United States, Europe and Hong Kong.
Microsoft Said to Add Qualcomm as Surface RT Supplier (Bloomberg)
Microsoft Corporation (NASDAQ:MSFT), seeking to break into the market for tablet computers, will update its Surface RT using chips from QUALCOMM, Inc. (NASDAQ:QCOM), people with knowledge of the company’s plans said. Some new versions of Surface will be based on QUALCOMM, Inc. (NASDAQ:QCOM)’s Snapdragon processors, which can deliver fast wireless data connections, said the people, who asked not to be identified because Microsoft Corporation (NASDAQ:MSFT) has yet to announce new models. NVIDIA Corporation (NASDAQ:NVDA), whose Tegra chip is used in the current Surface RT, will continue as a supplier for some versions, one person said.
Next Microsoft CIO Must Manage Like a CEO (WSJ)
Microsoft Corporation (NASDAQ:MSFT)’s next CIO must show the general management skills of a CEO and possess excellence in operations, technology and sales to support the company’s business, according to recruiters. Good thing the Pacific Northwest boasts longer summer daylight hours because whoever steps in as Microsoft Corporation (NASDAQ:MSFT)’s new CIO is going to need them. On top of handling the Redmond, Wash. company’s internal IT systems, the new CIO will overseeing software testing at a company that’s accelerated its product development to address computing shifts. The candidate must also be able to work with a work culture one recruiter said is challenging for outsiders to adapt to.
Microsoft Corporation (NASDAQ:MSFT) shares declined by 0.06% (WallStreetPR)
The share prices of Microsoft Corporation (NASDAQ:MSFT) had declined by 0.06 percent to close at $34.98 per share for the end of last trading session on Tuesday. The shares of the company had been trading in the range of $34.90 to $35.17 per share during the day, close to their recent year high level of prices. The shares of Microsoft Corporation (NASDAQ:MSFT) had recorded 52 week high price level of $35.78 per share and 52 week low price level of $26.26 per share. Microsoft Corporation (NASDAQ:MSFT) had recently reported excellent financial results for the third quarter of fiscal year 2013, in which the company had generated an increase in revenue of 18 percent to touch $20.5 billion and an increase in net income by 19 percent to touch $6.1 billion.
Microsoft Canada Reboots with Veritas Communications (YourIndustryNews)
Microsoft Corporation (NASDAQ:MSFT) Canada today announced that it has selected Veritas Communications as its public relations agency of record with a mandate to drive its influencer marketing and communications during a period of accelerated transformation. The relationship is effective July 1stwith an immediate transition underway to foster success and high-impact results. “Microsoft Canada could not be more thrilled to welcome Veritas Communications aboard to help us elevate awareness and excitement about the power of Microsoft Corporation (NASDAQ:MSFT) services and devices to connect Canadians with the passions they hold,” said Chitra Anand, Public Relations Lead.
Microsoft cuts Surface price for schools (BizJournals)
Microsoft Corporation (NASDAQ:MSFT) is cutting the price it sells its Surface tablets to schools by as much as 60 percent, AllThingsD reports. Microsoft Corporation (NASDAQ:MSFT) is selling its $499 Surface RT to schools for the next few months for $199, the $599 Surface RT with Touch Cover for $249, and the $629 Surface RT with Type Cover for $289. Microsoft Corporation (NASDAQ:MSFT) is reportedly sitting on a stockpile of unsold Surface units, having sold only about 900,000 units after ordering as many as a rumored 5 million of the tablets.
Microsoft Corporation (MSFT): The Long-Term Approach (IStockAnalyst)
Founded 38 years ago, Microsoft Corporation (NASDAQ:MSFT) helped launch the first great wave of an information technology transformation; it remains the world’s largest software developer with sales topping $73 billion in fiscal 2012. Throughout its history, Microsoft has achieved success by taking a long-term approach to technology investments. In fiscal 2012, Microsoft Corporation (NASDAQ:MSFT) invested $9.8 billion or 13% of revenues on research and development with much of that devoted to cloud technologies. Cloud computing links the computing devices people have at hand to the processing and storage capacity of massive datacenters. Microsoft Corporation (NASDAQ:MSFT)’s solutions will bring the benefits of the cloud to the billion people who use computing today and the billions more who will gain access to digital technology for the first time in the years ahead.
