Town Hall News

(Reuters) – Microsoft Corp beat Wall Street’s estimates for third-quarter revenue on Tuesday, driven by growth in its cloud computing and Office productivity software businesses. The company’s revenue rose 7% to $52.9 billion in the quarter ended March, inching past the average analyst estimate of $51.02 billion, according to Refinitiv. (Reporting by Yuvraj Malik in Bengaluru; Editing by Maju Samuel) Brought to you by www.srnnews.com

By Zeba Siddiqui SAN FRANCISCO (Reuters) – The United States is sending more of its cyber forces abroad to help foreign governments fight hackers, a top U.S. military official said at the RSA cybersecurity conference in San Francisco. In the last three years, the U.S. military’s Cyber National Mission Force (CNMF) has conducted 47 such “hunt forward” defensive operations across 20 countries at the invitation of those nations, U.S. Army […]

By Nichola Groom (Reuters) – President Joe Biden’s administration on Tuesday said it had finalized an area of nearly 10 million acres in the Gulf of Maine for potential offshore wind development, a major step toward expanding the industry into northern New England. The announcement was the latest milestone in the government’s plan to put wind turbines along every U.S. coastline to help displace fossil fuel for power generation and […]

By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – Wall Street’s major averages closed lower on Tuesday as a downbeat UPS forecast exacerbated investor concerns about a slowing U.S. economy, while plunging deposits at regional First Republic Bank added to jitters about the bank sector’s health. United Parcel Service Inc shares tumbled after the courier company forecast full-year revenue at the lower end of its earlier outlook as it […]

By Steve Holland, Jarrett Renshaw and Heather Timmons WASHINGTON (Reuters) -President Joe Biden launched his re-election bid on Tuesday with a promise to protect American liberties from “extremists” linked to former President Donald Trump, who he beat in 2020 and might face again in 2024. Biden made his announcement in a video released by his new campaign team that opens with imagery from the Jan. 6, 2021, attack on the […]

By Raghav Mahobe and Bhanvi Satija (Reuters) -The U.S. Food and Drug Administration said on Tuesday it had approved Biogen Inc’s drug for treating a form of amyotrophic lateral sclerosis (ALS), making it the first available treatment targeting a genetic cause of the disease. The drug, branded as Qalsody, got a green light under the agency’s accelerated approval pathway. Biogen will be required to provide more data on the drug’s […]

By Blake Brittain (Reuters) – Voting technology company Smartmatic USA Corp on Tuesday fended off a patent infringement lawsuit brought by competitor Election Systems & Software LLC, persuading a federal judge that the last patent remaining in the case is invalid. U.S. District Judge Richard Andrews in Delaware said the voting-machine patent covered unpatentable abstract ideas related to “the individual steps of voting.” Representatives for the companies did not immediately […]

By Luc Cohen, Jack Queen and Jonathan Stempel NEW YORK (Reuters) – E. Jean Carroll’s accusation that Donald Trump raped her was not a “he said, she said” dispute, a lawyer representing the writer said as a civil trial over the former U.S. president’s conduct nearly three decades ago got under way. Shane Crowley, who represents the former Elle magazine advice columnist, said during her opening statement on Tuesday that […]

By Nafisa Eltahir CAIRO (Reuters) – Darfur inhabitants fear battles between Sudan’s rival military leaders could reawaken war in the vast and largely desert region already scarred by a two-decade-old conflict. The Darfur conflict originated around 2003-2004, pitting rebels against government forces backed by horse-riding militia known as “Janjaweed” in violence that killed some 300,000 people and uprooted millions from their homes. Despite repeated peace deals, the conflict has simmered […]