Enterprise Services

Image Source : MICROSOFT Microsoft introduces AI-enhanced Outlook for Windows, offering error-free email composition Microsoft has announced its decision to retire the Windows Mail and Calendar apps in 2024, prompting consumers and enterprise clients to start testing the new Outlook app. As of 2024, new Windows 11 devices will come equipped with the new Outlook for…

BlackBerry will conduct a review of strategic alternatives, which includes the possible separation of one or more of its businesses, the Canadian technology company said on Monday. The company's US-listed shares rose near 11% in trading after the bell. BlackBerry, which was founded in 1984 and built pagers, said it has not set a timeline for the process and does not intend to disclose developments related to the review unless the board has approved a specific agreement or has ended the process. The company went public in…

OVHcloud's shares fell sharply after the French cloud services provider trimmed its forecast for full-year sales and margins, flagging signs of weakening customer demand. The company now sees organic revenue growth between 13% and 14% in 2023, against a previous outlook of growth in the range of 14%-16%. It expects its 2023 adjusted core profit (EBITDA) margin to be above 36%, against a previous forecast for it to be in line with the 2022 level of 39%. "In March and so far in April, we have seen signs that some clients…

Cloud communications company Twilio Inc said it was eliminating about 17% roles and closing some offices as part of a restructuring effort to focus on profitability. Technology firms have laid off thousands of workers recently as they brace for a period of lower demand, high interest rates and macro economic instability. The move, which is the second instance of job cuts in five months, sent the company's share up 2%. Read Also Twilio had just under 9,000 employees as of September-end. It is not clear whether the figure…

Cloud-based software firm Salesforce Inc is looking to cut costs by $3 billion to $5 billion, Chief Executive Marc Benioff told company insiders this week after announcing layoffs, Fortune reported, citing an audio recording of a meeting. Salesforce said on Wednesday that it plans to cut jobs by 10% and close some offices, after rapid pandemic hiring left it with a bloated workforce amid an economic slowdown. Real estate will be a major part of the cost restructuring process, Benioff told employees in a meeting on…