News Snapshot:
Microsoft reported poorer than anticipated fourth quarter outcomes, however nonetheless managed to finish its FY 2022 fairly properly. In the fourth quarter of its fiscal yr – the three months to June 30 – the Microsoft reported taking a $300 million hit from Chinese PC manufacturing slowdowns and slugged itself $126 million as a result of “bad debt expense, asset impairments, and severance” attributable to quitting its Russian enterprise. It additionally noticed a few $100 million dip in anticipated promoting bookings on its on-line properties, primarily LinkedIn, search, and information. Those prices hardly put a dent within the Windows large’s...
