• Business

    Meet the exec behind Microsoft’s $10 billion JEDI Pentagon cloud contract win and its efforts to woo industries like healthcare, finance, and government

    Toni Townes-Whitley, Microsoft’s president of US regulated industries. Microsoft Microsoft wants to position itself as the top cloud provider for governments, schools, financial firms, and healthcare companies and one key executive is at the center of it all of those ambitions: Toni Townes-Whitley. Townes-Whitley, the company’s president of US regulated industries who joined Microsoft in 2015 and took on the role in 2018, has already made her mark on Microsoft’s $15 billion public-sector business when she helped the company land a $10 billion cloud-computing contract with the Pentagon in late 2019.  Then, the importance of her role expanded unexpectedly this year as the coronavirus crisis has forced Microsoft customers to…

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  • Business

    Italy Business Elite Gets a Taste of Government Intervention

    (Bloomberg) — Italian Prime Minister Giuseppe Conte made it clear to the country’s corporate elite that he’ll be calling the shots more often in a pandemic-stricken economy. Conte and cabinet members showed up in force over the weekend at a gathering of financial and company leaders on the shores of Lake Como in northern Italy. Meanwhile, many executives and investors stayed away or sent deputies as a surge in coronavirus cases put a damper on the event. “At this moment, the state cannot just be a referee,” Economic Development Minister Stefano Patuanelli said at the Ambrosetti Forum in Cernobbio. “The great transformation of production arrangements must be directed by significant…

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