Microsoft Is Giving 'Cash and Technology' in Its New Philanthropic Effort

Microsoft is doubling down on philanthropy, according to a blog post by the company's legal chief and president Brad Smith.

The mission, which is an expansion of the company's current efforts, looks to follow CEO Satya Nadella's goals of empowering individuals and companies across the world by providing them with the technology they need.

"In the year ahead we will continue to ask ourselves what are the challenges mankind faces, how can technology help, and what [are] the contributions of Microsoft," said Nadella in a letter to shareholders.