Microsoft's Failures and Spin
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Microsoft offers three unconvincing reasons why its consumer business isn't dead yet
While Microsoft continues to be buoyed by enterprise and cloud services like Azure, chief executive Satya Nadella tried to reassure analysts that Microsoft still has a consumer strategy: Xbox, PC gaming, and devices powered by digital assistants like Cortana. But he wasn't especially convincing.
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Microsoft 2Q18: Trump tax hit turns strong quarter into $6.3B loss
The TCJA imposed one-time tax rates of 15.5 percent on foreign-held cash and cash equivalents and 8 percent on non-cash, as if that foreign money had been repatriated to the US and hence subject to US corporate income tax. Many firms with large foreign-held cash piles are going to be taking big tax hits this quarter as a result; Citibank claimed a $22 billion charge, and Apple is expected to take a hit as big as $38 billion.
Microsoft currently has three reporting segments: Productivity and Business Processes (covering Office, Exchange, SharePoint, Skype, and Dynamics), Intelligent Cloud (including Azure, Windows Server, SQL Server, Visual Studio, and Enterprise Services), and More Personal Computing (covering Windows, hardware, and Xbox, as well as search and advertising).
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Newly Detected Malware Uses NSA Exploit To Mine Monero, Over 500K PCs Infected
The EternalBlue exploit was leaked by the so-called Shadow Brokers hackers who were reportedly also behind the 2017 widespread WannaCry ransomware threat, according to The Hacker News.
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