The Week Ending May 19
Topping this week's roundup of companies that had a rough week is Microsoft, which was in the global spotlight for the massive ransomware attack that hit more than 200,000 Microsoft users in more than 150 countries.
Also making the list this week were Cisco for its weaker-than-expected fiscal fourth quarter guidance; Huawei, which loses a lengthy court battle with T-Mobile; Bell Canada, which had nearly 2 million customer accounts hacked; and Vodafone, which reported a $6.9 billion loss for its fiscal year 2017.
Not everyone in the IT industry was having a rough go of it this week. For a rundown of companies that made smart decisions, executed savvy strategic moves – or just had good luck – check out this week's 5 Companies That Came To Win roundup.