Microsoft, Corporation (NASDAQ:MSFT)
Microsoft President Brad Smith discussed a broad range of issues with CNBC, including the future of artificial intelligence and cyber security. Smith said he wanted to work with the Trump administration as he had with the Obama administration, and that he didn’t think the new majority of democrats in the House would hinder that goal.
CNBC provides details:
“There are important things we need to address, we need to skill the population to be prepared for a new generation of work, (and) we need to bring broadband to every corner of not just the United states, but every country,” Smith told CNBC’s Karen Tso.
“I think the Democrats will be interested in some of these things, Republicans will too, so with a little luck (and) a lot of hard work perhaps we can build some bipartisan support.”
Last year, Microsoft acquired the cyber-security firm Israeli cybersecurity firm Hexadite for an alleged $100 million.
Microsoft, Corporation shares were trading at $112.02 per share on Wednesday afternoon, up $4.30 (+3.99%). Year-to-date, MSFT has gained 32.65%, versus a 6.54% rise in the benchmark S&P 500 index during the same period.