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Tech`s news

By Bill Rigby SEATTLE (Reuters) - Microsoft Corp reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact. The results on Thursday allayed fears of investors in recent days that the industry shift toward lower-margin cloud services was proving hard for established technology leaders to master. Microsoft shares, which have climbed 33 percent over the past year, rose another 3 percent in after-hours trading to $46.36. ... more...


By Deepa Seetharaman SAN FRANCISCO (Reuters) - Amazon.com Inc's sales projections for the crucial holiday quarter disappointed Wall Street and third-quarter results missed forecasts, sending the online retailer's shares 9 percent lower on Thursday. After an unusually busy first half of the year that saw the online retailer spend on developing everything from mobile phones and Hollywood-style production to grocery deliveries, investors were ready to see it curtail its ambitions and start delivering sustainable profits. ... more...


(Reuters) - China Telecom Corp Ltd and China Unicom Hong Kong Ltd could soon jointly invest in a new content delivery network (CDN) company that would speed up Chinese users' Internet access, a Chinese paper reported on Friday. The proposed firm would be run by China Telecom's cloud computing subsidiary, according to a 21st Century Business Herald report citing an unnamed senior China Telecom employee. Rumors of a CDN joint venture between the country's second- and third-largest carriers have existed for more than year. Telecom and Unicom did not immediately respond to requests for comment. ... more...


By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc is expanding its artificial intelligence initiative, hiring more than half a dozen leading academics and experts in the field and announcing a partnership with Oxford University to "accelerate" its efforts. Google will make a "substantial contribution" to establish a research partnership with Oxford's computer science and engineering departments, the company said on Thursday regarding its work to develop the intelligence of machines and software, often to emulate human-like intelligence. ... more...


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