Microsoft's cloud division propelled the company to a strong financial quarter, while Luminar's lidar business sale was approved despite a last-minute bid. Consumers can also find deals on tech products like the Surface Laptop and Galaxy Buds.
Microsoft's Q2 2026 fiscal results revealed a 17% increase in revenue to $81.3 billion and a 23% surge in net income to $30.9 billion, driven by strong cloud performance, according to a report from The Verge. However, the company's More Personal Computing division experienced a decline, with Windows OEM revenue up 5% but offset by decreased device (Surface) and gaming revenue amid RAM shortages and PC market fluctuations.
In other tech news, Luminar's lidar business sale to MicroVision for $33 million was approved, despite a last-minute, higher bid from an undisclosed insider, likely founder Austin Russell, TechCrunch reported. The bid was ultimately rejected due to unspecified issues. This acquisition, along with the sale of Luminar's semiconductor division to Quantum Computing Inc., marks a significant restructuring of the company and a strategic expansion for the acquiring firms in the competitive lidar and quantum computing sectors.
Consumers looking for deals can find the 15-inch Microsoft Surface Laptop at Best Buy for $1,110, a $400 discount from its usual $1,500 price tag, Wired reported. The Surface Laptop is noted for its smooth performance and great battery life. Multiple sources also reported that Samsung's budget-friendly Galaxy Buds FE are on sale for $69.99, according to The Verge.
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