News
Presidential selfie: Microsoft's Nadella, the president and scholarship students. Presidential selfie: Microsoft's Nadella, the president and scholarship students.

Microsoft announces $1 billion investment

The firm will support digital education and inclusion over the next three years

Microsoft Corporation will invest US $1 billion over the next three years in digital education and inclusion in Mexico, it was announced after a meeting Thursday between Microsoft CEO Satya Nadella and President Enrique Peña Nieto.

The president’s office said in a statement that the two discussed Microsoft’s presence in Mexico over the next 20 years, along with its participation in telecommunications.

Following their meeting, they met with Microsoft scholarship winners from the Mexican Youth Institute, a federal agency that operates under the Social Development Secretariat and promotes education, health, employment and social inclusion on behalf of youth.

At least one successful young entrepreneur was among them.

Alejandro Cantú is the founder and general manager of SkyAlert, a seismic warning system that he developed as a Microsoft scholarship winner. The firm had four employees four years ago; today it has 75.

SkyAlert has its own earthquake detection system which sends an alert to its millions of users when it detects seismic activity. Users are also provided information about the quake’s intensity.

The system employs Microsoft technology, cloud servers and security.

Cantú is working on expanding the service into California.

Source: El Universal (sp)

Reader forum

The forum is available to logged-in subscribers only.