Tag «$5 billion»

Microsoft will invest $5 billion in IoT over the next 4 years globally

Microsoft has announced that the company will invest US$5 billion in the Internet of Things (IoT) globally over the next 4 years. This increased investment will support continued research and innovation in IoT and what is ultimately evolving to be the new intelligent edge. With Microsoft’s IoT platform spanning cloud, operating system and devices, Microsoft …

Rio Tinto outlines new $5 billion productivity push under long-term strategy focused on cash generation

Rio Tinto has committed to generating $5 billion of additional free cash flow over the next five years from a productivity drive unveiled today as part of its long-term strategy. In a presentation at an investor seminar in Sydney, Rio Tinto chief executive J-S Jacques underlined the strategy centred around a strong focus on safety, …