Microsoft Corp. has ridden the cloud-computing wave for several quarters, and once again its revenue surged on the strength of its emerging business of selling web-based, on-demand computing services. In the fiscal first quarter, the two biggest pieces of Microsoft’s cloud-computing operations—its Azure infrastructure services and Office 365 online-productivity business—saw revenue soar 90% and 42%, respectively.

Source: Wall Street Journal October 26, 2017 20:58 UTC