Microsoft Corp Stock Price, News & Analysis

Infogain, a Silicon Valley-based leader in digital platform and software engineering services, has appointed Vivek Sharma as the new VP & Head of Sales for Europe. With over 20 years of experience in technology sales and consulting, Sharma's expertise spans various industries including consumer goods and transportation. His role will focus on expanding Infogain's footprint in Europe and driving growth in intelligent digital platforms. This strategic hire aims to accelerate Infogain's aggressive growth plans in the region.

The AES Corporation has entered into a 15-year agreement with Microsoft to provide renewable energy for Microsoft's data centers in Virginia. This partnership aligns with Microsoft's goal of 100% renewable energy by 2030, using a portfolio of 576 MW of renewable projects, including wind, solar, and battery storage. The deal will help Microsoft operate its data centers on zero-carbon energy, contributing to a greener internet as 70% of global internet traffic passes through Virginia's data centers. AES's President emphasizes the partnership as a standard-setter for corporate decarbonization.

Infogain, a leader in human-centered digital solutions, has appointed Anil Kaul, PhD, as Chief Artificial Intelligence Officer. Kaul, also serving as EVP - AI and Analytics, will guide AI-led transformations for clients and enhance Infogain's internal AI capabilities. The company is set to double its investment in the NAVIK AI platform, focusing on product enhancement and new use cases. With over 350 advanced analytics professionals, Infogain aims to optimize customer operations and drive revenue growth through AI-driven solutions.

Microsoft announced that its fiscal year 2022 first-quarter financial results are now available on its Investor Relations website as of October 26, 2021. The company continues to focus on enabling digital transformation, enhancing both the intelligent cloud and edge. Investors can access the earnings press release and a live conference call scheduled for 2:30 p.m. Pacific Time. Microsoft's mission remains to empower every individual and organization globally to achieve more.

Microsoft Corp. announced the nomination of Carlos A. Rodriguez, CEO of Automatic Data Processing, to its board of directors. The election will take place at the annual shareholders meeting on Nov. 30, 2021. Rodriguez's experience in business transformation is expected to enhance the board's insight, as highlighted by John W. Thompson and Satya Nadella. If elected, the board will comprise 12 members, reflecting a mix of industry expertise aimed at navigating digital transformation and evolving work environments.

Microsoft Corp. will release its fiscal year 2022 first-quarter financial results on October 26, 2021, after market close. The results will be available on the Microsoft Investor Relations website. A live webcast of the earnings conference call is scheduled for 2:30 p.m. Pacific Time on the same day. This announcement highlights Microsoft's commitment to transparency and engagement with its investors as it continues to empower organizations through digital transformation.

Microsoft has launched the Accelerate Miami-Dade program aimed at enhancing digital skills and employment opportunities for Miami-Dade residents. This initiative, developed in partnership with local organizations, focuses on bridging the digital divide and supporting equitable hiring amid the ongoing economic recovery from COVID-19. Participants will gain access to tailored training programs and job placement resources. The program is part of Microsoft's broader global skills initiative, targeting communities affected by unemployment and racial inequities.

Microsoft launched Accelerate Chicago on October 1, 2021, aiming to connect 300,000 residents with digital skills training and employment opportunities. This initiative addresses the digital skills divide exacerbated by COVID-19 and promotes equitable hiring. Collaborating with local partners, Microsoft provides tailored programs to uplift communities most affected by job losses. The project is part of Microsoft's broader global skills initiative, seeking to assist 250,000 companies in making skills-based hires in 2021, thus fostering economic recovery and resilience.

Microsoft has announced a new multiyear commitment to enhance the cyber insurance industry through its security solutions. This partnership with At-Bay facilitates data-driven cyber insurance products. Customers using Microsoft 365 can qualify for savings on At-Bay insurance premiums by implementing key security measures such as multifactor authentication. As a result, insured businesses are reportedly seven times less likely to face ransomware incidents, driving urgency for improved digital security.