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Microsoft invests in Grab to bring AI and big data to on-demand services
7 monthes ago - By Tech Crunch
Microsoft has made a strategic investment in ride-hailing and on-demand services company Grab as part of a deal that includes collaborating on big data and AI projects.
Under the agreement, Singapore-based Grab will adopt Microsoft Azure as its preferred cloud platformAzure cloud computing service.
Microsoft and Grab didn't disclose financial terms.
The idea behind the tie-up is for Grab to use Microsoft's product to scale its own digital platform, which has grown beyond ride-hailing. Grab also has its own payment service and makes food deliveries.
“Our partnership with Grab opens up new...
Read more ...Microsoft is investing in Southeast Asian ride-hailing company Grab and will help Grab develop facial recognition tech
7 monthes ago - By Business Insider
Microsoft announced it would invest an undisclosed amount in the Singapore-based ride-hailing service, Grab.
The Financial Times reported Microsoft's investment would total around $200 million and put Grab's valuation "closer to $12 billion."
As part of that agreement, Grab agreed to use Microsoft's cloud, Azure.
Microsoft will also work with Grab on software projects like facial recognition that help drivers and passengers recognize each other and real-time translation services.
Microsoft announced late Monday that it would invest an undisclosed amount in the Singapore-based ride-hailing...
Read more ...LinkedIn, a Microsoft company, bought an employee surveying company in a deal said to be valued at over $400 million
7 monthes ago - By Chron
Chip Somodevilla/Getty
LinkedIn announced its intent to buy the employee survey software company Glint in a deal said to be valued at more than $400 million.
Glint specializes in employee surveys measuring satisfaction with management, compensation, and other internal issues.
The company last raised $20 million in November 2017, at a $220 million valuation.
On Monday, LinkedIn - the business social network that operates as an independent subsidiary of Microsoft - announced its intent to acquire Glint, an employee surveying startup.
While LinkedIn didn't disclose terms of the deal, CNBC...
Read more ...Google drops out of bidding for $10 billion Pentagon data deal
7 monthes ago - By Reuters
Alphabet Inc's Google said on Monday it was no longer vying for a $10 billion cloud computing contract with the U.S. Defense Department, in part because the company's new ethical guidelines do not align with the project, without elaborating.
Read more ...LinkedIn, a Microsoft company, bought an employee surveying company in a deal said to be valued at over $400 million
7 monthes ago - By Business Insider
LinkedIn announced its intent to buy the employee survey software company Glint in a deal said to be valued at more than $400 million.
Glint specializes in employee surveys measuring satisfaction with management, compensation, and other internal issues.
The company last raised $20 million in November 2017, at a $220 million valuation.
On Monday, LinkedIn - the business social network that operates as an independent subsidiary of Microsoft - announced its intent to acquire Glint, an employee surveying startup.
While LinkedIn didn't disclose terms of the deal, CNBC reports that the purchase...
Read more ...
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