Founded back in 1975 by Bill Gates and Paul Allen, Microsoft Corporation is an American multinational technology company with headquarters in Redmond, Washington.
It develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and related services.
Being famous for its software products like the Microsoft Windows line of operating systems, Microsoft Office suite, Internet Explorer and Edge web browsers and Microsoft Azure, now American giant places strong focus on development of the new blockchain-based and IoT solutions.
Company’s most prominent blockchain-based solution called Azure Blockchain Workbench provides the scaffolding for an end-to-end blockchain application, while Azure IoT Hub allows for connection, monitoring and managing of billions of IoT assets.
General Motors will work with Microsoft to promote productivity. The partnership will also help to introduce new mobility services to General Motors’ customers.
As more clarity emerges about the Democrats taking control of both chambers, Wall Street focuses more on the arrival of the next fiscal stimulus ahead as Biden takes the chair on January 20.
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