Microsoft Corporation (NASDAQ: MSFT) is a Redmond, Wash.-based technology company. Microsoft develops, manufactures, licenses and services a variety of products primarily for business and consumer computing, gaming and mobility.

In the company's latest quarterly filing, Q2 2011, its revenue was $19.95 billion. Second-quarter growth rates for revenue and earnings per share were 5 percent and 4 percent, respectively. Microsoft's operating income, net income and diluted earnings per share for the quarter were $8.17 billion, $6.63 billion and $0.77 per share, respectively.

Its Xbox and Kinect gaming systems garnered a strong consumer response in Q2, said the company in a statement. "The pace of business spending, combined with strong consumer demand, led to another quarter of operating margin expansion and solid earnings per share growth," said Peter Klein, chief financial officer at Microsoft.

In mid-March, Microsoft finally rolled out Internet Explorer 9. It was downloaded some 2.35 million times in the first 24 hours of its launch. This was good news for Microsoft, especially compared to the 1 million downloads that the beta of IE9 achieved in the first 24 hours. However, Firefox 3 was downloaded more than 8 million times in its first day back in 2008.

Windows Phone 7 recently hit the market and according to CEO Steve Ballmer, nine out of 10 of its customers are recommending the platform and some 8,000 applications reside in the Microsoft Marketplace. Still, the company delayed until the end of March the rollout of its first major Windows Phone 7 update that features a cut-and-paste capability. This follows a failed software update for WP7 in February.

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Microsoft pulls plug on both malware operators, innocent users

Millions of legitimate servers that rely on dynamic domain name services from No-IP.com were caught in the crossfire and suffered outages starting Monday this week. This happened after Microsoft enforced a federal court order and seized 22 domain names operated by No-IP that it said were being abused to facilitate malware-related crimes.

Microsoft apologizes for Office 365 outage, explains what happened

Microsoft has apologized for an outage experienced by its Exchange Online service that took place early last week, which it says was due to a "unique" set of circumstances that initially only affected a "small set of customers".

Microsoft increases free storage on OneDrive to 15GB, Office 365 users will get 1TB

Microsoft this week unveiled a significant increase in the free storage capacity that it is offering to users of OneDrive cloud storage, according to Omar Shahine, the group program manager for OneDrive.com.

Microsoft warns of serious bug in its anti-malware engine

Microsoft has issued an update to fix a potentially serious denial of service bug in its anti-malware detection engine.

New IE test build offers sneak peek at upcoming features

Microsoft has finally followed in the heels of competitors, such as Mozilla Firefox and Google Chrome, with the announcement of its Internet Explorer Developer Channel. This is a preview version of Internet Explorer that Microsoft says offers a peek of forthcoming features and capabilities in the company's flagship Web browser.

New 'safe' functions added to Windows 8, not Windows 7

Microsoft could be leaving Windows 7 exposed by applying some patches only to its newest Windows 8 operating systems, says Joseph Moti, a security researcher. 

Chrome officially more popular than Internet Explorer

Google's Chrome has overtaken Microsoft's Internet Explorer, or IE, as a Web browser platform in the United States, according to the latest Adobe Digital Index for the month of April. According to Adobe, Chrome accounted for 31.8 percent of all Web browser usage during the month, while IE's browser share was slightly lower at 30.9 percent for that month.

Apple takes page from Microsoft with massive public beta for OS X Yosemite

Apple yesterday unveiled the next version of its operating system for Mac computers at its WWDC 2014 event for developers. OS X Yosemite is a replacement for OS X Mavericks from last year, and offers a substantial user interface redesign, iCloud Drive for cloud storage and multiple tweaks including major new features that offer better integration between Mac and iOS devices.

Microsoft demos real-time voice translation using Skype

Microsoft last week took the wraps of a new service for Skype that is capable of understanding spoken words and speaking out the translation in another language--in close to real time.

Unofficial registry hack resurrects patches for Windows XP

It appears that the unsupported Windows XP operating system can continue receiving updates from Microsoft with just a few simple changes.