Microsoft said it plans to shut down Skype in May. It paid $8.5 billion for the internet calling platform in 2011.
Skype will ring for the last time this May as owner Microsoft retires the two-decade-old internet calling service that redefined how people connect across borders.
Microsoft will retire Skype, the 21-year-old calling and messaging service, in May. Skype grew quickly in the 2000s and ended up in Microsoft's hands in 2011.
Amazon (AMZN) Web Services (AWS) has officially entered the quantum computing arena with the introduction of its new chip, named "Ocelot." This launch comes as fellow tech giants Microsoft (MSFT) and Google (GOOG, GOOGL) have already established their presence in the quantum computing space with their own chip offerings.
CNBC's Steve Kovach joins 'Power Lunch' to discuss why Microsoft is against AI chip export curbs.
Microsoft urged the Trump administration to change Biden-era limits on chip exports, warning that provisions of the regulations could give China an advantage in the global AI race if allowed to remain in effect.
Allies are also being hurt by the curbs under the current system, Microsoft says.
Microsoft shocked the tech world by announcing its Majorana 1 quantum chip on Feb. 19, marking a transformative leap of innovation in the rapidly evolving field.
London Stock Exchange Group PLC shares rose 2.6% on the back of its results as it announced a larger dividend than expected and a £500 million share buyback. The financial exchange and data group declared a full year dividend of 130p, which was 5% higher than expectations.
Amazon revealed its first chip for quantum computing, and said its design will help the online retailer build highly efficient hardware systems. The company is showing off Ocelot a week after Microsoft announced its inaugural quantum chip
Microsoft will call for U.S. President Donald Trump's team to ease the limits on chips that can be used in data centers for training AI models so they no longer apply to a group of U.S. allies, including India, Switzerland and Israel, the Wall Street Journal reported on Thursday.
Microsoft says that it has completed a multi-year project to allow Europe-based customers using its cloud services to store and process data in the EU.