Mon Oct-30-2023: Tech Earnings Roundup, Octo Tempest – new MSP threat, and Preview the AI exec order

In this episode, we discuss the latest tech earnings reports and their implications for the industry. Microsoft reported strong Q1 2024 results, with a 13% revenue growth driven by investments in AI and its generative AI product range. Azure and cloud services saw a 29% year-on-year revenue increase, and the company expects continued growth in Intelligent Cloud and Azure in Q2, fueled by AI workloads. Additionally, Microsoft CEO Satya Nadella revealed that GitHub Copilot has gained over 1 million users in more than 37,000 organizations. Stay tuned to learn more about the impact of enterprise spending on cloud growth and the emerging threat to managed service providers.Three things to know today00:00 Enterprise Spending Drives Cloud Growth: Key Takeaways from Q1 2024 Earnings Reports06:31 Octo Tempest: The Emerging Threat to Managed Service Providers and Beyond08:33 AI in the Spotlight: What to Expect from Biden's 100-Page Executive OrderAdvertiser: https://rfcode.com/mspradio/ CODE MSPRadio for 30% off at checkouthttps://gozynta.com/payments/Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/Support the show on Patreon: https://patreon.com/mspradio/Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://mspradio.myspreadshop.comFollow us on:LinkedIn: https://www.linkedin.com/company/28908079/YouTube: https://youtube.com/mspradio/Facebook: https://www.facebook.com/mspradionews/Instagram: https://www.instagram.com/mspradio/TikTok: https://www.tiktok.com/@businessoftech  💼 All Our SponsorsSupport the vendors who support the show:👉 https://businessof.tech/sponsors/ 🚀 Join Business of Tech PlusGet exclusive access to investigative reports, vendor analysis, leadership briefings, and more.👉 https://businessof.tech/plus 🎧 Subscribe to the Business of TechWant the show on your favorite podcast app or prefer the written versions of each story?📲 https://www.businessof.tech/subscribe 📰 Story Links & SourcesLooking for the links from today’s stories?Every episode script — with full source links — is posted at:🌐 https://www.businessof.tech 🎙 Want to Be a Guest?Pitch your story or appear on Business of Tech: Daily 10-Minute IT Services Insights:💬 https://www.podmatch.com/hostdetailpreview/businessoftech 🔗 Follow Business of Tech LinkedIn: https://www.linkedin.com/company/28908079YouTube: https://youtube.com/mspradioBluesky: https://bsky.app/profile/businessof.techInstagram: https://www.instagram.com/mspradioTikTok: https://www.tiktok.com/@businessoftechFacebook: https://www.facebook.com/mspradionews Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.