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Microsoft reports $38 billion in Q4 2020 revenue: Azure up 47%, Surface up 28%, and LinkedIn up 10%

Venture Beast

Microsoft today reported fiscal Q4 2020 earnings, including revenue of $38.0 billion, net income of $11.2 billion, and earnings per share of $1.46. Read More.

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Software and consulting boost IBM results to start the year

CIO Business Intelligence

Net income from continuing operations jumped 64% to $662 million. Krishna took over as CEO in April 2020, around a year after IBM closed its acquisition of Red Hat and started a pivot to helping customers run hybrid cloud. Both IBM’s software and consulting segments saw strong revenue growth, with software generating $5.8

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5 Apps Every Entrepreneur Should Bookmark in 2020

Galido

Information Technology Blog - - 5 Apps Every Entrepreneur Should Bookmark in 2020 - Information Technology Blog. Here are five apps that every entrepreneur should bookmark in 2020. Mint is a money management software put together by Intuit. Mint also provides higher-level insights, like your credit score and net worth.

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Health tech company Accolade goes public at $1.2B valuation in Seattle’s first IPO of 2020

GeekWire

million for its 2020 fiscal year, which ended in February. Its largest customer, Comcast, was responsible for nearly a quarter of its 2020 revenue. The company has been led since 2015 by Singh , who previously co-founded travel expense software giant Concur, which sold to SAP for $8.3 The company posted a net loss of $51.4

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Snowflake stock soars in largest software IPO ever; Madrona among earlier venture investors

GeekWire

billion in the largest software IPO ever. — MadronaVentureGroup (@MadronaVentures) September 16, 2020. based company more than doubled revenue to $242 million in the first half of 2020, with a net loss of $171.3 — Aaron Levie (@levie) September 16, 2020. Madrona Venture Group Photo). Snowflake Photo).

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A week in telecoms: Rakuten expands, Nokia growth and high-altitude communications

TM Forum

Nokia reported a 12% increase in network infrastructure net sales and says its mobile networks have returned to growth despite ongoing supply chain constraints. In addition, it reported its enterprise unit has returned to net growth, which it expects to accelerate in the second half of 2022. formed the HAPS Alliance in 2020.

.Net 130
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RealNetworks launches AI robocall blocker, aims to ‘lead the charge’ in battle against spam calls

GeekWire

The tech: Called KONTXT for VOICE, the software uses AI models that are trained to predict whether an inbound call is spam based on an analysis of voice and intent. In 2018 the company rolled out its SAFR facial recognition software that is now being used for public health compliance amid the pandemic. Net loss for 2020 was $4.8

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