Microsoft's Purna Virji Talks Tech's Impact on Business
Hope King sat down with Purna Virji, Senior Manager of Global Engagement at Microsoft, to talk about how companies utilize advances in technology to expand their businesses.
Virji talks the rise in A.I. across industries. We dig into the feud between tech heavyweights Elon Musk and Mark Zuckerberg, who publicly disagree on how A.I. will impact our future as humans.
And how Asia is embracing the technology to become more competitive, as opposed to being fearful of it. Virji digs into relationship-based marketing and why it is important for companies to expand their business strategy.
Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology.
Visa Inc. said its adjusted third-quarter profits rose by nearly double digits, as the global payments company continues to benefit from the broad shift by consumers to using credit and debit cards instead of cash.
Even after inflation has steadily eased this year, the Federal Reserve's policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday.