Microsoft earnings rise as pandemic boosts cloud computing, Xbox sales

(Reuters) – Microsoft Corp on Tuesday reported its Azure cloud computing services grew 50%, the second quarter of acceleration in a business that had begun to slow as the global pandemic benefited the software maker’s investment on working and learning from home. The company’s shares rose in extended trading after gaining about 41% in 2020 as COVID-19 shifted computing to areas where the software maker has bet big.

Link: Microsoft earnings rise as pandemic boosts cloud computing, Xbox sales
via http://www.reuters.com

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