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Tech giant $MSFT said that in 3Q16, Azure revenue grew 120% in constant currency with usage of Azure compute and Azure SQL database more than doubling YoverY. Enterprise Mobility customers more than doubled YoverY to over 27,000, and the installed base grew nearly four times YoverY, said the company.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.