Y Combinator’s Garry Tan Goes to the MatRead more

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microsoft cloud enterprise

Microsoft Revenue Growth Slowed to 12% as Cloud and Ads Dragged Down Results

By
Aaron Holmes
· · Source: The Information

Microsoft on Tuesday said second-quarter revenue rose 12% from a year earlier to $51.87 billion as its Azure cloud business and LinkedIn ads contributed to a slowdown in growth. The result ended a streak of six quarters with higher than 15% growth and showed how macroeconomic conditions are beginning to take their toll on the strongest companies. Microsoft blamed the weaker results on...

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