Microsoft Teams has 250 mn users, LinkedIn sales $10 bn
Millions have already streamed games to their desktops, tablets and phones. And the Xbox Series S and X are the company’s fastest selling consoles ever with more consoles sold live-to-date than any previous generation
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New Delhi: PROFESSIONAL networking platform LinkedIn has surpassed $10 billion in revenue for the first time this fiscal year (up 27 per cent), Microsoft Chairman and CEO Satya Nadella has said, adding that the video chat and collaboration app Microsoft Teams now has nearly 250 million monthly active users.
The Microsoft-owned LinkedIn now has more than 774 million members who are more engaged than ever.
"Sessions were up 30 per cent this quarter compared to a year ago. And LinkedIn's advertising business surpassed $1 billion in revenue this quarter for the first time, up 97 per cent year-on-year and growing three times faster than the category," Nadella said during the company's earnings call on Tuesday.
Microsoft acquired LinkedIn in 2016 for $26.2 billion and in the past five years, revenue has nearly tripled and growth has accelerated.
"LinkedIn has become a leader across multiple secular growth areas spanning B2B advertising, professional hiring, corporate learning and sales intelligence," Nadella said.
Nadella said that hybrid work represents the biggest change to the way we work in a generation and will require a new operating model spanning people, places and processes.
"We're the only cloud that supports everything an organisation needs to successfully make the shift. Microsoft Teams is the new front end," he told the analysts.
Microsoft to tap 3 bn gamers globally
San Francisco: MICROSOFT CEO Satya Nadella has said the company is now expanding its gaming strategy to reach millions of gamers globally.
Nadella said that gaming is the largest category in the entertainment industry and the company is aiming to reach the world's 3 billion gamers wherever and whenever they play.
"We are all-in on games. At E3 last month, we unveiled our biggest games lineup ever, announcing 27 new titles, which will all be available to Game Pass subscribers," Nadella said during an earnings call on Tuesday.
