The rise and rise of Microsoft amid a tech meltdown
Microsoft has bucked the trend because it is future-ready, continually building new capabilities
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In the news, Microsoft was defending its US$69 billion (S$93 billion) acquisition of the gaming giant Activision.
PHOTO: REUTERS
Howard Yu
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.
