Microsoft Corp Stock Price, News & Analysis

Microsoft Corp. announced leadership changes as Satya Nadella was elected board chair, with John W. Thompson serving as lead independent director. Nadella will guide the board’s agenda, identifying strategic opportunities and risks. The board also declared a quarterly dividend of $0.56 per share, payable on Sept. 9, 2021, to shareholders on record by Aug. 19, 2021. The ex-dividend date is Aug. 18, 2021.

KTL Solutions announced that its customer Redspin is the first organization to achieve the DoD's Cybersecurity Maturity Model Certification (CMMC) Level 3 certification as a Candidate CMMC Third Party Assessor Organization (C3PAO). This certification validates Redspin's cybersecurity practices, a critical requirement for defense contractors to safeguard against cyber threats. KTL Solutions played a pivotal role in helping Redspin navigate the certification process, demonstrating their expertise as a Microsoft Gold Partner and CMMC Registered Provider Organization.

On June 11, 2021, BIG3 announced a partnership with Microsoft for the 2021 BIG3 SuperDraft, scheduled for June 14 at the Microsoft Lounge in Los Angeles. This collaboration emphasizes the integration of Microsoft Teams and Surface devices to connect coaches and players during the event. The draft will air live on Triller and FITE TV, showcasing teams including Triplets and Killer 3s. BIG3 aims to leverage Microsoft's technology to enhance the fan experience and ensure a successful draft event as the league prepares for its upcoming season.

Morgan Stanley and Microsoft announced a strategic partnership on June 2, 2021, aimed at enhancing digital transformation in the financial services industry. This collaboration will leverage Microsoft Azure to modernize Morgan Stanley's IT environment, enhancing experiences for clients, employees, and developers. Key initiatives include co-developing financial services infrastructure, accelerating cloud adoption, and improving service delivery. The partnership is expected to address complex regulatory challenges while fostering innovation and efficiency in financial operations.

Microsoft Corp. has launched the Accelerate: New York program to provide career pathways for community members in the tri-state area, aiming to bridge the digital skills divide. This initiative supports job seekers across New York City, Connecticut, and New Jersey, focusing on skilling for high-demand jobs. The program gathers community, learning, and corporate partners, ensuring equitable access to digital training and job opportunities. As part of a wider global skills initiative, Microsoft aims to help 250,000 companies make skills-based hires in 2021, enhancing employability for underserved populations.

On May 19, 2021, LaLiga and Microsoft announced an expanded partnership aiming to digitally transform the sports experience worldwide. As LaLiga's global Tech and Innovation Partner, Microsoft will provide technology solutions that enhance fan engagement through Azure services, AI, and machine learning. Innovations will include personalized streaming and enhanced stadium operations. LaLiga's technology portfolio will facilitate new business models, engaging over 113 million app downloads and 1.5 million registered users on LaLigaSportsTV. This collaboration aims to deepen LaLiga's global reach and improve the overall fan experience.

Mars and Microsoft have expanded their partnership to enhance Mars' digital transformation utilizing the Microsoft Azure platform. This collaboration aims to optimize operational speed and manufacturing supply chains across Mars’ confectionery, petcare, and food sectors. Key initiatives include leveraging AI and IoT solutions to digitize supply chains, enhance Associate digital skills, and drive sustainability through technology. Both companies share a commitment to responsible and transparent customer engagement, aiming to reduce greenhouse gas emissions significantly by 2050.

On May 12, 2021, Orbbec partnered with Microsoft to enhance the 3D camera market, leveraging Microsoft's ToF sensor technology and Orbbec's manufacturing expertise. This collaboration aims to produce advanced 3D cameras optimized for logistics, robotics, retail, and healthcare by integrating with Azure's cloud capabilities. The new products are expected to launch in 2022, featuring onboard computing for precise depth imaging. This partnership is set to accelerate the deployment of sophisticated 3D sensing solutions across various industries.

Micro Focus and Microsoft have expanded their strategic collaboration aimed at reducing infrastructure costs for government clients by modernizing mainframe applications on Microsoft Azure. With 92% of IT leaders viewing their COBOL applications as critical, this partnership enables agencies to avoid costly replacements and instead optimize existing systems. One government client achieved nearly 90% cost savings and completed modernization 10 months early. This collaboration underscores the importance of technology in enhancing service delivery for state and local governments.