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(Reuters) - Microsoft Corp on Tuesday forecast revenue for the current quarter broadly ahead of Wall Street targets, driven in part by its Intelligent Cloud unit.
NEW YORK: Microsoft Corp on Tuesday hit Wall Street targets for cloud services revenue, but that was not enough for some of the most optimistic investors and shares fell 4% in extended trade.
(Reuters) - Nvidia Corp is preparing to abandon its purchase of Arm Ltd from SoftBank Group Corp after offering about $40 billion for the British company in 2020, Bloomberg News reported on Tuesday, citing people familiar with the matter.
KUALA LUMPUR: Hibiscus Petroleum Bhd's subsidiary Peninsula Hibiscus Sd Bhd has successfully completed the acquisition of the entire equity interest in Fortuna International Petroleum Corp.
Company to integrate JurisTech into its operations
KUALA LUMPUR: Luster Industries Bhd has acquired an 8.169% stake in ACE Market-listed Aimflex Bhd for a total consideration of RM22mil as it seeks to leverage synergies between the two companies.
KUALA LUMPUR: Raya Airways Sdn Bhd has refuted claims that it is in talks with AirAsia Group Bhd or any other parties for the acquisition of the company or any part of its businesses.
SINGAPORE: The Lion City Sailors have moved to strengthen their squad with the acquisition of Pedro Henrique (pic) ahead of the 2022 season that will see the club make their debut in the Asian Football Confederation Champions League (ACL).