Microsoft signs huge SAP cloud dealMicrosoft signs huge SAP cloud deal

Moving data to the cloud may be about to get a lot easier after SAP and Microsoft have struck a new three-year partnership.

The deal, disclosed in SAP's recent third quarter financial update, will see Microsoft contributing 18 percentage points to a 39 percent year-over-year growth for its cloud bookings.

The partnership aims to solve one of SAP

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Image copyrightWeWork

Struggling property start-up WeWork has been thrown a lifeline from Softbank, with a multi-billion dollar rescue deal.

In a statement, Softbank said it would provide $5bn (£3.9bn) in new financing and up to $3bn for existing shareholders.

The deal will see Japan's Softbank increase its stake in the US company to around 80%.

Co-fo

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