Microsoft CEO Satya Nadella attended a meeting with Indonesian President Joko Widodo on April 30, 2024. Microsoft has broken tradition by not naming rivals like Apple and IBM in its annual report this year. Over 25 companies were previously listed as competitors in Microsoft’s reports. Microsoft now focuses on facing competition in various markets, mentioning key partner OpenAI as a competitor in 2024. Microsoft’s market cap surpassed $4 trillion after strong quarterly results.

Read more at CNBC: Microsoft ends tradition of naming competitors in regulatory filings