Microsoft Posts Worst Earnings In Years After Major Layoffs
Microsoft Posts Worst Earnings In Years After Major Layoffs Lorenzo Prieto on January 24, 2023 Microsoft experienced its slowest quarter of growth in the last …
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Microsoft, Amazon results to highlight softening cloud business
By Yuvraj Malik and Aditya Soni (Reuters) – Slower cloud spending by inflation-hit businesses is expected to stall the sales momentum at Amazon.com Inc and …
Microsoft to shed 10,000 jobs, adding to glut of tech layoffs
By Jeffrey Dastin and Yuvraj Malik DAVOS, Switzerland (Reuters) – Microsoft Corp on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion …
Microsoft to invest in autonomous trucking startup Gatik -sources
By Krystal Hu and Joseph White (Reuters) – Microsoft Corp is in advanced talks to invest in Gatik, a California-based autonomous driving startup, as part …
No ‘substantive’ settlement talks between U.S. FTC, Microsoft over Activision -lawyer
WASHINGTON (Reuters) – There are no “substantive” settlement discussions under way between the Biden administration and Microsoft Corp to resolve a legal dispute over the …
Australia takes aim at Apple, Microsoft over child protection online
By Byron Kaye SYDNEY (Reuters) – An Australian regulator, after using new powers to make the tech giants share information about their methods, accused Apple …
Microsoft targets internet expansion in Africa, longer-term cloud adoption
By Jeffrey Dastin (Reuters) – Microsoft Corp aims to secure internet access for 100 million more people in Africa by 2025, teaming up with a …
Biden faces uphill battle in spat with Microsoft over Activision deal
By Diane Bartz WASHINGTON (Reuters) – The Biden administration may struggle to convince a judge to stop Microsoft Corp’s $69 billion bid for “Call of …
Biden Regulator Sues Microsoft Over Video Game Acquisition
Biden Regulator Sues Microsoft Over Video Game Acquisition John Hugh DeMastri on December 8, 2022 The U.S. Federal Trade Commission (FTC) filed a lawsuit Thursday …
Exclusive-EU antitrust regulators ramp up Microsoft scrutiny, probe likely – sources
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft is likely to face an EU antitrust investigation as regulators intensify their scrutiny into its practices in …
AMD launches data center CPU ‘Genoa’, taps Google, Microsoft as customers (Nov. 10)
(This Nov. 10 story has been refiled to correct Oracle’s inactive stock symbol in the first paragraph) By Jane Lanhee Lee and Chavi Mehta (Reuters) …
Microsoft extends free tech support for Ukraine through 2023
(Reuters) – Microsoft Corp said on Thursday it would extend technology support for Ukraine free of charge through 2023, as Russia’s invasion of the country …
Microsoft revenue forecast under threat from PC market slump, mighty dollar
By Yuvraj Malik (Reuters) – Microsoft Corp is set to post its slowest quarterly revenue growth in over five years on Tuesday, with some analysts …
Cisco partners with Microsoft to add Teams to its meeting devices
By Jane Lanhee Lee (Reuters) – Networking firm Cisco Systems Inc. will add Microsoft Corp.’s Teams messaging app to its meeting devices, the two firms …
Mercedes-Benz and Microsoft collaborate on supply chain data platform
BERLIN (Reuters) – Mercedes-Benz and Microsoft announced a partnership on Wednesday using Microsoft Cloud for a data platform intended to improve production efficiency at over …
Space and Time valued at $300 million after Microsoft venture arm-led fundraise
By Medha Singh (Reuters) – Space and Time, a decentralized data analytics platform, secured $20 million in funding from a group of investors led by …
U.S. DOJ short-selling probe looks at trading in Amazon, Microsoft, JPM – Bloomberg News
(Reuters) – The U.S Department of Justice has subpoenaed some short sellers for trading information on firms including Amazon.com Inc, Microsoft Corp and JPMorgan Chase …
Austrian spy firm accused by Microsoft says hacking tool was for EU states
By James Pearson LONDON – An Austrian firm which Microsoft said created malicious software that was detected on the computer systems of some of its …
Microsoft stops selling emotion-reading tech, limits face recognition
By Paresh Dave OAKLAND, Calif. – Microsoft Corp on Tuesday said it would stop selling technology that guesses someone’s emotion based on a facial image …
Microsoft, union enter into labor neutrality agreement
(Reuters) – Microsoft Corp and the Communications Workers of America said on Monday they have entered into a labor neutrality agreement, allowing employees to “freely …
Microsoft says it will not enforce non-compete clauses in U.S. employee agreements
(Reuters) – Microsoft Corp said on Wednesday the company would stop enforcing existing non-compete clauses in the United States, while also committing to a civil …
U.S. House speaker Pelosi discloses trades in Apple and Microsoft
By Noel Randewich (Reuters) – U.S. House Speaker Nancy Pelosi disclosed new stock market trades on Monday, showing purchases of options to buy shares of …
Microsoft says will not resist unionization efforts by employees
(Reuters) – Microsoft Corp will not resist unionization efforts from its employees, its President Brad Smith said on Thursday, in a sign of growing receptiveness …
Activision Blizzard shareholders approve $68.7 billion Microsoft deal
(Reuters) – Videogame publisher Activision Blizzard Inc said on Thursday that its shareholders approved Microsoft Corp’s $68.7 billion proposal to buy the “Call of Duty” …
Microsoft discloses onslaught of Russian cyberattacks on Ukraine
By Raphael Satter, Christopher Bing and James Pearson (Reuters) – Russian government hackers carried out multiple cyber operations against Ukraine that appeared to support Moscow’s …
U.S. antitrust regulators seek more data from Activision, Microsoft on planned deal
– The U.S. Federal Trade Commission has sought additional data from Activision Blizzard Inc and Microsoft Corp related to the antitrust review of their deal, …
Microsoft data centres to heat Finnish homes, cutting emissions
OSLO – Finnish utility Fortum said on Thursday it will use waste heat from two new Microsoft data centres to warm homes and businesses in …
Microsoft faces EU antitrust complaint about its cloud computing business
PARIS – U.S. tech giant Microsoft is facing an antitrust complaint filed by three European rivals in the booming cloud computing business, one the plaintiffs …
Activision’s mobile gaming unit to see leadership changes ahead of Microsoft deal
– Video game maker Activision Blizzard Inc’s mobile gaming unit, King, said on Wednesday two of its senior executives, including a co-founder, would leave the …
Microsoft eyeing deal to buy cybersecurity firm Mandiant -Bloomberg
-Microsoft Corp is considering a deal to buy cybersecurity firm Mandiant Inc , Bloomberg News reported https://www.bloomberg.com/news/articles/2022-02-08/microsoft-is-said-to-pursue-deal-for-cybersecurity-firm-mandiant?sref=V7uxlNge on Tuesday, citing a person familiar with the …
Google Accuses Microsoft Of ‘Carving Out’ Exception In Anti-Big Tech Bill
Google’s Chief Legal Officer and President of Global Affairs Kent Walker accused Microsoft on Friday of “carving out” an exception to a bill targeting app …
EA taps Microsoft executive as new chief financial officer
-Video game publisher Electronic Arts Inc named Microsoft executive Chris Suh as its new chief financial officer on Monday, replacing Blake Jorgensen. Suh is currently …
Microsoft To Buy Activision For Almost $70 Billion
Microsoft agreed to purchase video game giant Activision Blizzard for almost $70 billion, its largest acquisition in company history, multiple sources reported. Microsoft announced Tuesday …
Microsoft Will Review Sexual Harassment Investigation Of Bill Gates, Others
Microsoft announced Thursday it would commission a review of its sexual harassment policies and examine how the company has handled reports of harassment, including its …
Microsoft Draws Jeers For ‘Utterly Bananas’ Introductions Highlighting Pronouns, Race And Hairstyles
Microsoft was ridiculed on social media Thursday for including land acknowledgments, pronoun statements and references to hairstyles in its corporate introductions. While giving presentations during …
Microsoft Is Relaxing Its Rules On Who Can Repair Its Devices
Microsoft is loosening its restrictions on how consumers can repair the tech giant’s devices by sharing more information on its products and expanding consumer access …