The rise and rise of Microsoft amid a tech meltdown

Microsoft has bucked the trend because it is future-ready, continually building new capabilities

In the news, Microsoft was defending its US$69 billion (S$93 billion) acquisition of the gaming giant Activision. PHOTO: REUTERS
New: Gift this subscriber-only story to your friends and family

Being future-ready is always a work in progress. If you don’t improve, you risk backsliding.

Nothing illustrates this dynamic better than the technology industry in 2022. The entire sector has gone into meltdown since the beginning of the year. The Nasdaq-100 Technology Sector Index has fallen 38 per cent. Companies are talking about layoffs, hiring freezes and delayed initial public offerings. It is a tumultuous time to be in tech.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.