Microsoft reported $ 243 million operating loss including Nokia integration costs. Shares fell 3 percent after the results were announced on Monday.
Microsoft revealed its quarterly earnings according to which its Devices and Consumer group's revenue grew 8 percent year over year in the last calendar quarter of 2014. However, the Windows market declined and operating income was down.
UK law enforcement agencies arrested an 18-year old who is allegedly said to be connected with the service disruption.
Sony announced a five-day free service extension and discount to make up for the PlayStation Network downtime during this holiday season.
Microsoft's Xbox Live has been restored while Sony's PlayStation Network remains offline for second day after the services were compromised. A hacker group had claimed the responsibility for attacking the both gaming services.
Microsoft will be accepting Bitcoin as a payment option on Windows and Xbox stores. Users will be able to use their Bitcoins to add credit to their Microsoft account and buy apps and games for their devices.
Without making a formal announcement, Microsoft began accepting bitcoin payments for services.
09 Aug '24 16:35PM
