Microsoft Corp Stock Price, News & Analysis

Orbbec has launched the Femto Mega, the highest resolution 3D camera, at CES 2023 in partnership with Microsoft. This camera utilizes Microsoft’s proven ToF technology, offering precise scene understanding and real-time streaming capabilities. Designed for various industries such as logistics, robotics, and healthcare, it features a 1MP depth camera and a 4K RGB camera. The Femto Mega integrates Nvidia Jetson Nano for advanced processing without the need for external devices, and it supports connectivity via Power over Ethernet. It is expected to enhance AI development and operational efficiency across sectors.

Microsoft and Truist have partnered with Elizabeth Park Capital Management and Calvert Impact to establish a Mission Driven Bank Fund. This fund, expected to reach $500 million to $1 billion, aims to bolster Minority Depository Institutions (MDI) and Community Development Financial Institutions (CDFI) by providing necessary capital and support. Initial commitments total $120 million, with a focus on addressing economic disparities and enhancing access to financial services for underserved communities.

On December 14, 2022, Microsoft (NASDAQ: MSFT) and Viasat (NASDAQ: VSAT) announced a partnership aimed at expanding internet access globally, particularly serving 10 million people, including 5 million across Africa, by the end of 2025. This collaboration, part of Microsoft's Airband Initiative, seeks to deliver connectivity to underserved areas in countries like the Democratic Republic of the Congo, Nigeria, and Mexico. The initiative's goal includes providing internet access to a total of 250 million people worldwide by 2025, emphasizing digital equity and economic opportunity.

On December 7, 2022, Microsoft, along with six other leading companies, launched the Industry Data for Society Partnership (IDSP) to enhance data accessibility for societal benefit. This initiative aims to address pressing global issues like sustainability and economic growth by promoting open data sharing. The IDSP members will collaborate to create meaningful solutions while ensuring privacy protection. The partnership will also engage with organizations like The GovLab and the Open Data Institute to guide its efforts. This effort underscores Microsoft's commitment to using data for positive social impact.

Microsoft has declared a quarterly dividend of $0.68 per share, payable on March 9, 2023. Shareholders on record as of February 16, 2023 will receive the dividend, with the ex-dividend date set for February 15, 2023. This announcement reflects the company's commitment to rewarding its shareholders while facilitating digital transformation in the cloud and edge sectors. The dividend payout is indicative of Microsoft's strong financial position.

Lockheed Martin and Microsoft have announced a significant expansion of their strategic partnership to enhance technology solutions for the Department of Defense (DOD). The agreement includes:

• Classified Cloud Innovations: Lockheed Martin will be the first non-government entity to operate within Microsoft Azure Government Secret cloud.
• AI/ML Capabilities: A two-year R&D program focused on advancing AI/ML capabilities.
• 5G.MIL Programs: Development of secure communication systems.
• Digital Transformation: Leveraging Microsoft Azure for a comprehensive digital overhaul.

Raytheon Technologies is expanding its collaboration with Microsoft Corp. (Nasdaq: MSFT) to enhance operational efficiency through cloud-based tools. This partnership will involve the co-development of capabilities and the use of Microsoft Teams, aiming to standardize digital tools globally. The transition to Microsoft 365 has already reduced communication platforms by over 90%, aiding remote work across 40 countries. Additionally, Raytheon aims to decrease its data center footprint by 60%, leveraging Microsoft Azure for predictive analytics and enhanced customer value.