April 23, 2024
Investors

Investors rally behind DocuSign after company exceeds earningS expectations

Shares in DocuSign Inc. jumped more than 10% in late trading today after the electronic signature company impressed investors with revenue and earnings beats in its fiscal fourth quarter and forecast a higher-than-expected outlook for the fiscal quarter and year ahead. For the quarter that ended on Jan. 31, DocuSign reported adjusted earnings per share of 76

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Investment

EU launches investigations into Microsoft over security software practices, Mistral AI investment

European Union regulators are reportedly investigating Microsoft Corp. over limiting customers from using competing security software and its investment in artificial intelligence company Mistral AI. According to The Information, the first investigation relates to a claim that Microsoft is preventing its customers from buying security software from its competitors. The European Commission, the EU’s competition

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Investment

AWS to invest $10B to build two new data centers in Mississippi

Amazon Web Services Inc. has announced plans to invest $10 billion to build two new data center complexes in Mississippi, with the project expected to create at least 1,000 new jobs in the state. The data centers are planned to be built in two Madison County industrial parks, with the financial backing of the Mississippi

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