Though investors may have forgotten by now, the 2022 tech bear market was brutal for U.S. equities. The sugar high from government spending led to several adverse factors.
Microsoft expects to take additional steps to resolve an EU antitrust investigation into its chat and video app Teams which is part of its Office product, even as it seems likely to get EU charges in the case, its President Brad Smith said on Tuesday.
Technology shares were mainly in the red early Tuesday, in line with the broader market as fears grow about the strength of the U.S. economy.
Russia is waging an intense disinformation campaign aimed at tarnishing the reputation of the International Olympic Committee and stoking fears of violence at this summer's Paris Games, according to a new report from Microsoft's Threat Analysis Center.
Microsoft on Tuesday found itself targeted in two complaints filed by privacy advocacy group NOYB to the Austrian privacy watchdog related to its online education software, the latest grievances levelled against the U.S. tech giant.
Microsoft is cutting a total of around 1,000 jobs across the company, in areas including its Azure cloud unit and HoloLens mixed-reality organization, a person familiar with the matter confirmed Monday afternoon.
Microsoft on Monday cut hundreds Azure jobs to focus on AI investments, Business Insider reported. An internal memo said a focus to "define the AI wave" was behind the changes.
Microsoft is cutting hundreds of jobs at its Azure cloud unit, Business Insider reported on Monday, citing people familiar with the situation.
Microsoft will lay off some employees who work on mixed reality, which includes virtual reality and augmented reality. The company will keep selling HoloLens 2 headsets, which first became available in 2019.
Russia has stepped up an online disinformation campaign which takes aim at France and the upcoming Paris Olympics, Microsoft said in a blog post published on Sunday.
Microsoft is reportedly investing $3.2 billion to expand its AI and cloud operations in Sweden. As Reuters reported Monday (June 3), the investment comes as the increasing popularity of generative artificial intelligence (AI) has led to a boom in demand for cloud services.
Microsoft Corp (NASDAQ:MSFT) announced Monday it will spend $3.2 billion to expand its cloud and AI infrastructure in Sweden over two years. Microsoft said it will add 20,000 graphics processing units at its three Swedish data centers located in Sandviken, Gavle and Staffanstorp.