Microsoft revenue was $61.9 billion in the quarter ending March 31, up 17 percent compared to the same period a year ago. Profit was up 20 percent, to $21.9 billion, despite an increase in capital expenditure to purchase Nvidia GPUs for training and running AI models. The performance smashed analyst predictions, sending the stock up 5 percent in after-hours trading. Revenue for the Microsoft Cloud division overall was $35.1 billion, up 23 percent year-over-year, fueled largely by customers using it to host resource intensive AI services. Revenue in the Intelligent Cloud sector was $26.7 billion, a 21 percent uptick. Continue reading Microsoft Cloud Buoys Quarterly Revenue to Nearly $62 Billion

Microsoft has added the Mesh mixed reality platform to its Teams remote collaboration app, making 3D and VR meetings now generally available to desktop Windows users and those with Meta Quest headsets. The immersive 3D meeting environments feature spatial audio as well as “live reactions” and the other standard Mesh features will be available to those with Microsoft Teams business accounts. Custom immersive spaces are also available to those with Teams Premium licenses. Microsoft says “hundreds of millions” of people worldwide are currently using Teams, although Mesh for Teams has only been in public preview since late 2022. Continue reading Microsoft Adds Mesh to Enable 3D and VR Meetings in Teams

Apple plans to release its newest version of iOS this year, and its biggest feature is expected to include integrated health and fitness tracking. This latest development indicates Apple will likely introduce the iWatch, sources say, and iOS 8 will also feature a new app currently codenamed “Healthbook.” The app and wearable combination is said to be able to monitor fitness statistics, track weight loss, and keep an eye on users’ vital signs like blood pressure and hydration levels, among other indicators. Continue reading Apple iOS 8 Rumored to Feature Health and Fitness Monitoring