CNBC’s Jon Fortt sat down with Microsoft CEO Satya Nadella in advance of the company’s annual Build conference. The tech company reported higher than expected third-quarter earnings last month with strong guidance for the upcoming fiscal year. Microsoft plans to continue driving revenue growth through its cloud services. Its Intelligent Cloud segment contains the Azure […]
Read moreAs the cloud battle heats up, Microsoft is taking a unique approach to silicon that it says can help developers more quickly perform artificial intelligence computing tasks. An initiative called Project Brainwave lets developers in Microsoft’s data centers use field-programmable gate arrays (FPGAs), which can be customized even after they’ve been plugged into servers. Microsoft […]
Read moreThe next 30 years will be defined by China and U.S. relations, Microsoft CEO Satya Nadella said ahead of the company’s annual Build conference. “I think the next 10 years, next 20 years, next 30 years, whatever your time horizon, is going to be defined by these two countries — China and the United States […]
Read moreMicrosoft CEO Satya Nadella says consumer trust will push the company’s cloud product ahead of competitors Amazon and Google. “Trust, not just in the technology, the ethics around A.I., privacy, security — all that also matters —[but] trust in [the] business model,” Nadella told CNBC in an interview published Monday. Core business models of tech […]
Read moreWarren Buffett is bullish on Apple, thanks to the behavior he’s seen from consumers — even though he doesn’t yet have the “courage” to try an iPhone X for himself. The Berkshire Hathaway CEO and chairman told CNBC’s “Squawk Box” on Monday that he was sent an iPhone X but he hasn’t used it. “A […]
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Microsoft co-founder and philanthropist Bill Gates backed Warren Buffett‘s decision to up his stake in Apple, saying it is the most well-positioned tech company when it comes to profits. “Apple’s an amazing company, and the multiple’s not gigantic,” Gates told CNBC’s “Squawk Box” Monday from Omaha, where Berkshire Hathaway held a weekend of events around […]
Read moreBerkshire Hathaway Chairman and CEO Warren Buffett said Monday the trend towards autonomous driving cars will hurt the auto insurance industry. “Net it will be bad for the auto insurance industry over time if autonomous cars become a big part of the fleet,” Buffett said on CNBC’s “Squawk Box.” “It’s very hard to tell who […]
Read moreMicrosoft co-founder Bill Gates said Monday he would bet against bitcoin if he could. “As an asset class, you’re not producing anything and so you shouldn’t expect it to go up. It’s kind of a pure ‘greater fool theory’ type of investment,” Gates said on CNBC’s “Squawk Box.” “I agree I would short it if […]
Read moreApple opened at a record high Monday, surpassing $185 for the first time, as Warren Buffett doubled down on his praise for the company. Shares opened at $185.18, less than a percent up from Friday’s close. Apple’s previous all-time intraday high came on Friday when the stock hit $184.25. Buffett last week revealed his investment […]
Read moreBerkshire Hathaway Vice Chairman Charlie Munger went after bitcoin again on Monday, doubling down on remarks he made about the digital currency over the weekend. “Bitcoin is worthless, artificial gold,” Munger told CNBC’s “Squawk Box.” “Now that is not something I think the world needs.” “The fact that it’s clever computer science doesn’t mean it […]
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