- Microsoft Corp (NASDAQ:MSFT) confirmed blocking Visual Basic Applications (VBA) macros in Office apps by default from July 27.
- Microsoft had quietly rolled back the change earlier this month, citing unspecified “user feedback,” the TechCrunch reports.
- Microsoft believed that the initial rollout in June caused issues for organizations using macros to automate routine processes, such as data collection or running specific tasks.
- Microsoft acknowledged pausing the rollout to make some additional changes to enhance usability.
- Microsoft shared plans to disable macros by default in February to prevent threat actors from abusing the feature and delivering malware via email attachments.
- Earlier this year infamous hacker group Lapsus$ claimed to have stolen the source code for the Bing search engine and Cortana voice assistant.
- Microsoft security chief Charlie Bell had emphasized the importance of solving cyberattacks by adopting the cloud.
- The tech giant has been through a lot lately, including slashing down its earnings outlook, hiring slowdown, and reports of Azure data centers operating with limited server capacity amid a global supply crisis.
- Price Action: MSFT shares traded lower by 0.72% at $262.94 on the last check Friday.
Cowen & Co. Maintains Outperform on Salesforce, Lowers Price Target to $210
Cowen & Co. analyst J. Derrick Wood maintains Salesforce (NYSE:CRM) with a Outperform and lowers the price target from $225 to $210.
