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Microsoft to boost cloud revenue to USD 20 bln by 2018 - CEO

2015-04-30 09:34:00| Telecompaper Headlines

(Telecompaper) Microsoft is looking to triple annual revenue from its cloud-computing businesses to USD 20 billion by the end of fiscal 2018, according to its CEO Satya Nadella. Speaking to analysts at the company's Financial Analyst Briefing, Nadella also forecast that Microsoft will have 1 billion Windows 10 devices on the market by 30 June 2018. In its quarterly earnings report issued last week, Microsoft said total revenues from its cloud ventures more than doubled to a USD 6.3 billion run rate, most of it coming from Office 365 and Windows Azure.

Tags: microsoft usd revenue ceo

 

Refining boost for Royal Dutch Shell

2015-04-30 09:19:45| BBC News | Business | UK Edition

Profits at oil giant Royal Dutch Shell beat expectations as increased profit margins at its refinery business help to counter the fall in oil prices.

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Porsche patents a variable-compression-ratio engine to boost power and fuel efficiency

2015-04-29 16:45:34| Extremetech

The Porsche-Hilite technology is comparatively simple, and could be offered to every automaker if and when VCR comes to market.

Tags: power engine efficiency fuel

 

Eurobites: 100G Rollouts Boost Transmode's Q1

2015-04-29 14:44:57| Appliances - Topix.net

Also in today's EMEA regional roundup: Vodafone/Liberty merger talk resurfaces; Telefonica raises prices in Spain; eCall system becomes a reality. Rollouts of 100G networks across Europe by cable giant Liberty Global Inc. have helped boost Transmode Systems AB 's first-quarter results, with revenues increasing 25.1% year-on-year to 289.3 million Swedish kronor and net profits more than doubling to SEK37.8 million .

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Fiber, Gorilla boost Q1 for Corning Inc. Updated at

2015-04-29 02:06:53| Industrial Machines - Topix.net

Demand for optical fiber and the launch of Gorilla Glass 4 helped drive a strong first quarter for Corning Inc., company executives said Tuesday. The company saw year-over-year sales growth in four of its five major business segments and posted core sales of $2.4 billion, core earnings of $484 million and core earnings per share of 35 cents in its quarterly report, released Tuesday.

Tags: updated boost fiber gorilla

 

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