Microsoft takes $13.8 billion tax charge, but results still beat expectations
SEATTLE — Microsoft reported a $6.3 billion loss in its second quarter, reflecting a huge charge stemming from last year’s tax reform legislation. Without that charge, the results were better than analysts expected. The Redmond company’s fiscal second-quarter earnings reflect a $13.8 billion tax payment related to Microsoft profits held overseas. The software giant holds […]
US social media networks, Microsoft join hands to fight against terrorism
SAN FRANCISCO – Facebook, Microsoft, Twitter and YouTube announced Monday the formation of a forum to help make their “consumer services hostile to terrorists and violent extremists.” The four technology giants said the Global Internet Forum to Counter Terrorism will formalize and structure existing and future areas of collaboration and foster cooperation with smaller tech […]