On Friday, Shares of Microsoft Corporation (NASDAQ:MSFT), lost -0.85% to $45.26.
CEO Satya Nadella stated a new mission statement and outlook for 2016 fiscal year.
“Our mission is to empower every person and every organization on the planet to achieve more,” Nadella wrote in an email to his staff, Fortune reports.
The company’s new focus is mobile and its future is in the cloud, as the CEO aims to put the company’s productivity services on many different devices, Fortune added.
Separately, the tech giant plans to send augmented reality HoloLens glasses into orbit to assist astronauts, CNBC.com reports.
NASA and Microsoft are teaming up to develop Sidekick, which will use HoloLens technology to provide virtual assistance to astronauts aboard the International Space Station.
Sidekick will use HoloLens’ augmented reality technology to reduce crew training requirements and enhance efficiency through two modes of operations.
Sidekick is planned to be tested on a SpaceX resupply mission on June 28, and NASA anticipates astronauts on the ISS to use Sidekick by the end of the year.
Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.
Shares of Cypress Semiconductor Corporation (NASDAQ:CY), declined -3.91% to $11.80, during its last trading session.
Cypress Semiconductor Corporation, declared that Huawei, a leading global information and communications technology solutions provider, has selected Cypress’s TrueTouch® capacitive touchscreen solution for its next-generation MediaPad X2 tablet PC. The MediaPad X2 utilizes the TrueTouch TMA568 controller’s industry-leading gloved finger tracking, robust water tolerance and easy-wake gestures for its sleek 7-inch touchscreen display. Users can make calls, surf the web, play games, take pictures and use other key features even if they are wearing thick gloves or the screen is wet. In addition, the easy-wake gestures feature enables users to perform a double-tap gesture to quickly activate the device from sleep mode.
The MediaPad X2 is the industry’s thinnest tablet with a 7-inch display at just 7.18 mm thick, enabled in part by the TrueTouch solution’s capability to support ultra-thin stackup layers in the touchscreen. The MediaPad X2’s high-resolution display delivers a crisp and dynamic visual experience, together with a flawless response to touch commands. TrueTouch enables best-in-class tracking of fingers in gloves of various materials and thicknesses, and automatically switches between glove and finger tracking without requiring the user to switch settings. TrueTouch employs the industry’s highest tolerance to water and immunity to electronic noise from aftermarket chargers and displays, enabling accurate touch input for the MediaPad X2 in environments where competing solutions experience false and missed touches.
“We are happy to follow up the selection of our TrueTouch solution for the MediaPad X1 with this win for Huawei’s impressive MediaPad X2,” said Joe Montalbo, vice president of the TrueTouch Business Unit at Cypress. “This design win is one of many with Huawei, and underscores our ability to provide industry-leading touchscreen features and reliability that enable our customers to differentiate their products.”
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, semiconductor memories, and integrated semiconductor solutions worldwide. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.
Finally, Oracle Corporation (NYSE:ORCL), ended its last trade with -0.17% loss, and closed at $40.99.
Oracle Corporation, is looking to rapidly grow its Seattle footprint as the company takes on Amazon Web Services and makes a massive push into the public cloud industry.
Oracle’s vice president of product development Prashant Ketkar said Wednesday the company is doing so much in the cloud that it hardly has time to declare all the new initiatives. On Monday, Oracle rolled out more than a dozen new products to expand its offering, according to American City Business Journals.
A lot of that action is happening right here in Seattle — or what we like to call Cloud City.
“We do see Seattle as a big area of focus for us as we continue to expand, particularly in the development side and hiring more people,” Ketkar said. American City Business Journals Reports.
Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. It provides software and hardware systems, and related services to manage their cloud-based or on-premise IT environments, in addition to to deploy cloud software-as-a-service, platform-as-a-service, and infrastructure-as-a-service.
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