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Company Doesn’t Use Customers’ Personal Data For Profit: Microsoft CEO Satya Nadella

"Customers must be in control of their data. It is our collective responsibility to keep the data safe," the Microsoft CEO had emphasised in May

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Microsoft doesn't use customers' data for profit: Satya Nadella. (Wikimedia Commons)

In an apparent jibe against rivals Google and Facebook, Microsoft CEO Satya Nadella has said the company doesn’t use customers’ personal data for profit unlike some other firms.

In an interview with The Times on Monday, Satya Nadella said the company “had chosen not to squeeze the last drop of revenue from the troves of user data on its Bing search engine and the Linkedin social network, which it bought in 2016”.

LinkedIn, which Microsoft bought for $26 billion, has over 560 million users and Bing is the number 3 search engine globally.

“We don’t want to overmonetise. If anything, one of the things we’ve done is to is to make sure that the utility is maximised for the users,” Satya Nadella was quoted as saying.

Nadella’s comments “draw a sharp divide between Microsoft and other large American technology companies, which have been criticised for abusing the personal information of their users”.

At a Microsoft event in London last week, Satya Nadella called on technology companies to defend users’ privacy as human right, urging firms and governments to collectively work together to protect the most vulnerable section in society.

Microsoft CEO Satya Nadella
Microsoft CEO Satya Nadella.

Satya Nadella applauded the European Union’s General Data Protection Regulation (GDPR) as first step towards securing data privacy.

“All of us will have to think about the digital experiences we create to treat privacy as a human right,” Nadella was quoted as saying.

“GDPR as a piece of legislation, a piece of regulation is a great start and we’ve done a lot of hard work to become compliant with GDPR.”

Amid increasing data breaches, tech giants are busy deliberating on how to ensure privacy and security for the users.

Also Read- WHO Ships Vaccination For Yellow Fever in Ethiopia

“Customers must be in control of their data. It is our collective responsibility to keep the data safe,” the Microsoft CEO had emphasised in May.

“We have the responsibility to ensure that the new-age technology is empowering everyone, creating equitable growth for all while creating employment on the global scale.” (IANS)

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Microsoft Ready to Help Indian Startups, Says President Anant Maheshwari

Microsoft is focused as much on selling third party solutions as their own, and this co-sell motion has helped generate $8 billion in revenue for partners within 18 months

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FILE - Microsoft Corp. signage is seen outside the Microsoft Visitor Center in Redmond, Washington, July 3, 2014. VOA

Armed with a cutting-edge technology platform, a well-established partner organisation and an expansion of M12 venture fund, Microsoft is ready to help Indian startups across the spectrum embrace the next phase of growth, Anant Maheshwari, President, Microsoft India, said here on Monday.

India, which saw a tremendous growth in the startup space in the last couple of years, is now witnessing a growth in the business-to-business (B2B) tech startups coming up with innovative ideas to deal with local problems.

“With our intelligent tech expertise, deep focus on trust and unique global go to market partnering, we empower unicorns and startups to scale sustainably at a global level,” said Maheshwari.

“We remain excited about India’s entrepreneurial startup potential and will continue to accelerate it as a growth engine for the economy,” he added.

India witnessed a dramatic rise of eight unicorns in 2018 from among the start-ups across verticals as against a mere nine in six years from 2011 till 2017, according to IT industry apex body Nasscom.

The start-ups joining the select club for their valuation over $1 billion are Oyo Rooms (hospitality), Zomato and Swiggy (food delivery), Udaan (retailer marketplace), Byju’s, (edu-tech), Paytm Mall (e-tail), Freshworks (software programmer) and Policybazaar (digital insurance).

Maheshwari said Microsoft is uniquely positioned to support Indian startups to achieve scale and evolve from market ready to enterprise ready.

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A man walks past a Microsoft sign set up for the Microsoft BUILD conference at Moscone Center in San Francisco, April 28, 2015. VOA

The introduction of M12, Microsoft’s venture fund, in India in February is creating new value for startups, VCs and the company itself to maintain the pace and direction of innovation.

“M12 is looking at investing in innovators who have aligned their focus on cutting-edge technologies that better enable digital transformation. The portfolio development team at M12 is specifically built to help support and scale companies by leveraging the expansive resources of Microsoft,” said the company.

According to reports, venture capital investments in Indian tech business-to-business (B2B) start-ups have been trending upwards, with over $3.09 billion raised in equity funding across 415 deals in 2018 — 28 per cent more than $2.41 billion in 2017.

Also Read: Facebook’s Push to Become China’s WeChat May Kill it

Under the “Microsoft for Startups” initiative, startups can co-sell with Microsoft sales teams, get access to top tech VCs in the global arena and mentorship from industry veterans.

In less than 18 months, Microsoft for Startups has closed more than 120 co-sell deals with more than $126 million in active pipeline for startups.

Microsoft is focused as much on selling third party solutions as their own, and this co-sell motion has helped generate $8 billion in revenue for partners within 18 months. (IANS)