101.20 +0.34 (0.34%)
Pre-Market: 7:00AM EDT
|Bid||101.11 x 1000|
|Ask||101.24 x 800|
|Day's Range||99.50 - 101.00|
|52 Week Range||68.02 - 102.69|
|PE Ratio (TTM)||68.19|
|Forward Dividend & Yield||1.68 (1.68%)|
|1y Target Est||N/A|
Microsoft CEO Satya Nadella spoke out against the Trump administration policy of separating immigrant children from their families at U.S. borders. The CEO, who is himself an immigrant from India, shared an email that he said he sent to all Microsoft employees.
In his email to employees, Nadella also clarified Microsoft's work with the U.S. Immigration and Customs Enforcement.
With pressure mounting on the Trump administration's family separation policy, Microsoft employees have joined the fold. As first reported by the New York Times , more than 100 of the company's staff have signed an open letter to CEO Satya Nadella requesting to stop working with U.S. Immigrations and Customs Enforcement (ICE). SEE ALSO: Laura Ingraham compares child detention centers to 'summer camps' as Fox News goes totally off the rails The letter demands Microsoft "cancel its contracts" with ICE, as well as those with clients who support the law enforcement agency's work. "We believe that Microsoft must take an ethical stand, and put children and families above profits," the letter reads. "We also call on Microsoft to draft, publicize and enforce a clear policy stating that neither Microsoft nor its contractors will work with clients who violate international human rights law," the letter reads. Here's the text of the letter Microsoft employees sent Satya Nadella regarding the ICE contract, which @sheeraf reports over 100 people have signed https://t.co/ltLaIiyvJh pic.twitter.com/FmppcYD6OI — Caroline O'Donovan (@ceodonovan) June 19, 2018 As stated in the letter, ICE has a $19.4 million contract with Microsoft to use its cloud computing service Azure, for data processing and machine learning. Microsoft promoted its partnership with the agency earlier this year on its Azure Government blog, saying the technology would help ICE "innovate faster." "The agency is currently implementing transformative technologies for homeland security and public safety, and we're proud to support this work with our mission-critical cloud," reads the blog post. Following recent outcry against the Trump administration's cruel policy, Microsoft said in a statement it was "dismayed by the forcible separation of children from their families at the border." The tech company reiterated it was not working with ICE or U.S. Customs and Border Protection "on any projects related to separating children from their families at the border," nor was Azure being used for that purpose. In the letter, Microsoft employees say that doesn't go far enough. They want contracts with ICE cancelled. "As the people who build the technologies Microsoft profits from, we refuse to be complicit," the letter reads. CEOs from other tech companies like Apple, Facebook, YouTube, Uber, and more have joined the chorus of people against the policy, which has been described as "unconscionable" by the United Nations High Commissioner for Human Rights — and now, the Trump administration has pulled out of the UN Human Rights Council. WATCH: His last sculpture let you walk on water. Now artist Christo's floating 7,506 oil barrels on a London lake
Fintech, alongside blockchain, has been one of the most important buzzwords in the investing world of late, and there is one opportunity in this sector that has been entirely overlooked… until now
Executives at Apple, Microsoft, YouTube, Uber, and more tech companies are joining other Americans with a conscience in speaking out against the Trump administration's practice of separating children from their families at the border. “It’s heartbreaking to see the images and hear the sounds of the kids," Apple CEO Tim Cook told the Irish Times . "Kids are the most vulnerable people in any society. I think that what’s happening is inhumane, it needs to stop." SEE ALSO: 7 activist groups supporting families at the border that need your help right now Over a six-week period ending in May, the United States government separated over 2,000 children from their families as they attempted to cross the border and placed the children and parents in separate facilities. Increased media coverage of the practice, featuring new images of immigrants being kept in cages and ProPublica's gobsmacking audio of children wailing, has led to national outrage in recent days. The public has responded to the revelations with an outpouring of donations to immigrant advocacy organizations and calls for change. The tech industry isn't staying silent. In addition to Apple's Cook, CEOs Mark Zuckerberg (Facebook), Jack Dorsey (Twitter), Dara Khosrowshahi (Uber), Susan Wojcicki (YouTube), and others have taken to social media to speak out. Many have also pledged donations, with Zuckerberg leading a fundraising effort that has so far raised over $25,000. In a Tuesday memo to Uber employees, Uber execs said the company's legal team is looking into connecting families with lawyers and already donated $100,000 to a nonprofit helping separated children, according to Business Insider. Do everything it takes to #KeepFamilesTogether.What are the highest impact ways to help? — jack (@jack) June 19, 2018 As a father, a citizen and an immigrant myself, the stories coming from our border break my heart. Families are the backbone of society. A policy that pulls them apart rather than building them up is immoral and just plain wrong. #KeepFamiliesTogether https://t.co/g2Cu40zvcX — dara khosrowshahi (@dkhos) June 19, 2018 Regardless of your politics, it's heartbreaking to see what's happening to families at the border. Here are some ways you can help: https://t.co/IFVG6g8AKO — Susan Wojcicki (@SusanWojcicki) June 19, 2018 Other tech industry leaders that have called for change include representatives from Airbnb, Box, eBay, Cisco, and others. Microsoft also issued a statement saying that it is "dismayed by the forcible separation of children from their families at the border." That comes after reports of employee anger over Microsoft's cloud computing deal with Immigration and Custom Enforcement (ICE). Microsoft managed to overcome its dismay long enough to reassure the public that "Microsoft is not working with U.S. Immigration and Customs Enforcement or U.S. Customs and Border Protection on any projects related to separating children from their families at the border." Tesla's Elon Musk also expressed his support with a puzzling series of tweets. The tech industry has pushed back on Trump policy before, specifically on immigration issues around Dreamers and the Muslim ban. But despite criticism from some of the most important leaders in the country, including multiple first ladies, Trump and his flunkies continue to falsely state that the president's hands are tied and blame Democrats for the horrific practice. Meanwhile, amidst outrage from CEOs and citizens alike, those kids are still in cages. Here's how to help. UPDATE: June 19, 2018, 5:29 p.m. PDT Additional information included about Uber's donation and legal help. WATCH: Trump loved Mexico and left, then came back to the U.S. and forgot all about it
Microsoft (MSFT) has been on a shopping spree lately, acquiring a number of smaller companies from a diverse set of sub-industries. Here's why the company decided to spend some serious cash and stock on GitHub, Flipgrid, and several small video game studios.
Tech executives have previously raised concerns about White House immigration policies, including Trump's travel ban.
Microsoft (MSFT) acquired Minneapolis-based startup, Flipgrid for an undisclosed amount in a bid to up the ante in edtech industry.