February 1, 2019

Microsoft’s Cloud Business Grew 48 Percent to $9.0 Billion in Q2 FY19

Microsoft’s commercial cloud business grew 48 percent to $9.0 billion in the company’s second quarter of fiscal year 2019. This was just one of the tech giant’s highlights from its January 30 earnings report. The company reported revenue of $32.5 billion, a 12 percent increase year-over-year; operating income of $10.3 billion, an 18 percent increase year-over-year; and net income of $8.4 billion (GAAP), or diluted earnings per share of $1.08 (GAAP).

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Five on Friday: Subscription Platforms, GDPR and IPOs

While the federal government was taking a break, the subscription industry continued on, serving businesses and consumers alike. In this weeks Five on Friday, we share highlights, including the launch of the Clutch Subscription Platform for the automotive industry, tips to help subscription companies up their commerce game, Googles $57 million fine for GDPR violations, how to know if your company is ready for an IPO, and payment technology startup Stripe raises $100 Million.

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