TechFlash: Amazon misses Wall Street estimates; Microsoft beats projections

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Despite big Prime and cloud gains, Amazon misses estimates, stock plummets Amazon posted fourth-quarter earnings per share far below analyst estimates. A cloudy day in Seattle: Microsoft beats Wall Street earnings estimates Driven by cloud revenue, Microsoft beat analysts' estimates during in its second quarter earnings report. Seattle ranks high on global list of top cities for livability, innovation Cities also made the list because they're inclusive of different kinds of people. Seattle company named to Forbes Best Small Companies list Forbes named 25 companies across the country to its first-ever small companies list. Cloud will mitigate PC losses in Microsoft earnings, analysts say Wall Street will be watching Microsoft's cloud revenue to make up for expected losses in revenue from computer makers are the PC industry hits an eight-year low in sales. Amazon analysts expect profit, robust cloud revenue in upcoming report Global online retailer Amazon is expected to post strong revenue and profit numbers during its fourth-quarter earnings statement on Thursday afternoon. The lawsuit that shaped Microsoft's contractor policies Microsoft's external staff policies are influenced largely by a 1992 class-action lawsuit in which more than 8,000 long-term temporary contract workers sued the company for full-time employee benefits. Who's raising: UIEvolution, Ripl, GlassyBaby A service that help social media users make money, a wireless company that creates software for connected cars and a Jeff Bezos-backed company that makes hand-blown glass votives – these are the companies that raised in recent rounds. Banking industry needs to gain tech savvy before financial technology startups usurp the market Technological advances are emerging every day as hundreds of startups in the financial technology, or fintech, sector seek ways to make both business and consumer banking easier and more cost effective. So what's a traditional bank to do? National Tech News Apple buys San Francisco education software startup Japanese company makes $12 million investment in Bartlett Y Combinator vs. Shark Tank: Paul Graham, Mark Cuban trade jabs

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