Bonum Certa Men Certa

"Microsoft is hiding losses -- again" (Azure Collapsing)

posted by Roy Schestowitz on Oct 17, 2024

A big round of Azure layoffs is expected and a Microsoft-sponsored publisher has just published this, having previously mentioned that Microsoft effectively defrauds the shareholders about Azure's financial performance.

What Microsoft’s financial disclosures reveal about Azure’s market position

It's just a buzzwords salad, with "AI" mentioned 3 times in 2 paragraphs. Then there's this:

Leaked court documents lower Azure revenue and potentially better align with the new metrics

Google says that Azure loses (or lost) about 3 billion dollars per year. That's not what Microsoft tells Wall Street.

Microsoft is in serious trouble. It's trying to rebrand "cloud" as "AI" now, as long as the bubble hasn't imploded entirely.

Other Recent Techrights' Posts

Staff Union of the EPO (SUEPO) Says Almost 40% of Staff in Rijswijk Has Membership and It Developed Close Relationship With the EPO Pensioners’ Association
Minutes of the Annual General Meeting (AGM) held on Monday, 7 October 2024
 
[Meme] The EPO, Europe's Second-Largest Organisation and Also Sponsor of Belarus, on Its Love of the Union (Not the EPO's Union)
There is absolutely no accountability at the EPO
EPO Focus Today
we're catching up with publishable material
"Microsoft is hiding losses -- again" (Azure Collapsing)
Microsoft is in serious trouble
[Meme] Buzzwords Are Free
"We should invest in improvement"
Rumour: Yet Another Big Round of Layoffs Coming to Microsoft's Azure
A comment was left there about 45 minutes ago
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Wednesday, October 16, 2024
IRC logs for Wednesday, October 16, 2024
Links 16/10/2024: "Another Yesterday Aggregator"
Links for the day
Links 16/10/2024: Science, Politics, and BBC Cuts
Links for the day
Gemini Links 16/10/2024: Life Before 9/11 and Laptops Ramble
Links for the day
Links 16/10/2024: Rapid Decline of X and Growing Realisation Surveillance Causes Further Abuse
Links for the day
The Free Software Foundation Asks Nathaniel Cohen to Make Music for It using Free Software (SuperCollider)
uploaded a week ago by the Free Software Foundation
Wishing Well to LibrePlanet, Including Its Volunteers
Framatube hosts the LibrePlanet videos using PeerTube
4 Years Since We Started a Plain Text Edition of Techrights (Then Adopted IPFS and Gemini Protocol)
The earliest text editions of this site are dated late October 2020
Even in Richer Countries, Where Many People Can Afford Laptops, Windows Has Become Second to Android
Android has long been bigger than Windows in poor countries were fewer people have a "desktop" (or laptop)
On IBM Layoffs at North Carolina Where Red Hat is Headquartered
Layoffs at "IBM fall through the disclosure cracks"
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Tuesday, October 15, 2024
IRC logs for Tuesday, October 15, 2024
Perfectl is Not New, It's Not News About Linux, Outdated Apache RocketMQ is Not Linux, and the Real News Should be Back Doors Like Windows and CALEA Blunder
Another theme to be debunked
[Meme] Dr. Richard M. Stallman (RMS) Not Cancelled, But They Keep Trying...
The Microsofters are evidently still angry that he gives public talks around the world
"IBM Has Trimmed Its Workforce by 8,000 People"
How can a company legally lay off 8,000 people without saying anything?
Links 16/10/2024: OpenBSD 7.6 on the StarFive VisionFive2, Netnews Specs
Links for the day
IBM Driving Workers Crazy (Maybe It Wants Them to Just Resign, No Severance)
"This whole concept of silent layoffs that are expected to last through the end of November is driving me crazy."
Links 15/10/2024: GAFAM Returning the Menace of Nuclear Reactors, More Press Crises Reports
Links for the day
linuxbsdos.com (Linux BSD OS) Has Gone Astray, It's All About Windows, Not GNU/Linux or BSD OS
The transition could be seen a week or two ago. It gets worse every day.
[Meme] Nepotism Breeds Incompetence
When a corrupt cabal takes over what was supposed to be an institution concerned with science
Incompetent Patent Office (EPO) Trying to Blame Examiners (Whom It Orders to Illegally Grant European Patents)
full communication, accompanied by flowcharts
Microsoft: Break Competition Laws (Endless Antitrust Violations), Lie to Regulators, Then Send Secret Bribes
who's gonna hold them accountable for the lying?
Links 15/10/2024: Fentanylware (TikTok) Under Fire, Espionage Wars Reported
Links for the day
Links 14/10/2024: One Year Since Activision Blizzard Demolition 'Officially' Began and Amazon Corporate Layoffs Accelerate
Links for the day
Gemini Links 15/10/2024: Magic of Radio and Misfin-Server 0.5.9
Links for the day
[Meme] No Choice, No Reuse, No Effect
Let people throw away tens of billions of batteries each year and charge them too much for this 'convenience'?
Markets Without Fair Competition and Effective Regulation
There are many examples where a lack of true choice encourages cartels
IBM Bribery Scandal in China
IBM has a long history of bribery and other crimes
XBox Turmoil Continues, Head of XBox Game Studios Resigns After Less Than One Year
There are many signs that XBox is dying - something that many sites have predicted for a while
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Monday, October 14, 2024
IRC logs for Monday, October 14, 2024