Satya Nadella (File Photo)

Satya Nadella took home $42.9mn last fiscal, gets 66% raise

San Francisco: Microsoft CEO Satya Nadella earned $42.9 million in total compensation for the fiscal year 2019 — 66 per cent raise from the prior fiscal year, the company has announced. Nadella received a $1 million base salary jump and an increase in stocks. “Nadella’s strategic leadership, including his efforts to strengthen trust with customers, […]

Paul Allen (File Photo)

Microsoft co-founder Paul Allen dies at 65

Washington : Paul Allen, who 43 years ago along with Bill Gates founded Microsoft, the company that revolutionised the software world and personal computers forever, has died, his family announced. He was 65. In a statement, Allen’s relatives said that the businessman died on Monday afternoon in Seattle, where Microsoft has its headquarters, from non-Hodgkins […]

Volkswagen partners with Microsoft to develop connected cars

Berlin : In its bid to become a mobility provider with fully connected vehicle fleet, German automobile group Volkswagen has entered into a strategic partnership with Microsoft to leverage the US software giant’s Cloud expertise. As part of the partnership, the two companies will collaborate to develop the “Volkswagen Automotive Cloud”, a dedicated platform for […]