Microsoft Corp.’s customers flocked to game consoles and cloud software last quarter, helping Steve Ballmer deliver results that topped projections in his last months as chief executive officer.
Microsoft Corp. , the world’s largest software maker, may raise its quarterly dividend for the first time since 2008 as its cash hoard swells, data compiled by Bloomberg suggests.
Facebook Inc. will limit news feed advertisements that have driven revenue gains and said younger teens aren’t using its website as much as they used to.
Microsoft Corp. had a bigger gain in multiyear software deals than analysts predicted last quarter, a sign that businesses are flocking to the company’s programs as consumers delay purchases or opt for competitors.
Microsoft Corp. is planning to sell debt this year to pay for dividends and share repurchases because too much of its cash is held overseas, according to a person familiar with the matter.
Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 4 p.m.