Microsoft said on Thursday it has disabled some services used by an Israeli military unit after preliminary evidence supported a media investigation that reported mass surveillance of Palestinian phone calls. A joint investigation published in August by the Guardian and other media outlets found that an Israeli military agency was making use of Microsoft’s Azure […]
Microsoft
Microsoft joins $4 trillion club after strong quarter
Microsoft has officially crossed the $4 trillion market valuation mark, becoming the second company after Nvidia to achieve this milestone, thanks to a powerful earnings report and cloud-driven growth. Following the announcement, Microsoft’s shares jumped by 8% in after-hours trading, pushing its stock price above $553. The company’s total market value now stands at an […]
After 25 years, microsoft walks away from Pakistan market
Microsoft has officially ended its operations in Pakistan after 25 years, according to media reports. The move follows recent global layoffs by the tech giant, which included nearly 9,100 employees—about 4% of its workforce. Although Microsoft never had a full corporate office in Pakistan, it maintained liaison offices that served enterprise, education, and government sectors. […]
Microsoft fires employees for protesting military contracts
Microsoft has fired two software engineers for protesting the company’s contracts with the Israeli military. The dismissals happened during Microsoft’s 50th anniversary events. The company said the employees engaged in “willful misconduct” and disrupted business activities. This action comes amid growing concern about tech companies’ roles in armed conflicts. Ibtihal Aboussad, an engineer from Canada, […]
Microsoft in talks to extend deal contract with Activision
NEWYORK: Microsoft Corp is in talks about an extension of its acquisition contract with video game maker Activision Blizzard, which is set to expire on Tuesday, so the parties can overcome the remaining regulatory hurdles to their $69 billion deal, a person familiar with the matter said on Monday. The expiration of the contract would not […]
Microsoft beefs up ChatGPT and Bing in wide-ranging AI product launch
May 23 (Reuters) – Microsoft Corp (MSFT.O) on Tuesday started making available to users a host of AI upgrades, including to ChatGPT, its search engine Bing as well as to cloud services – an expansive launch that seeks to narrow the gap with Alphabet Inc’s (GOOGL.O) Google. Among key changes is the rollout of live search results from Bing […]
Microsoft wins EU antitrust approval for Activision deal vetoed by UK
Microsoft Corp won EU antitrust approval for its $69 billion acquisition of Activision on Monday, in a significant boost that could prompt Chinese and South Korean regulators to follow suit despite a British veto of the deal. The US software giant still faces a battle to clinch the world’s biggest gaming industry takeover, however. It has until May […]
Biden meets Microsoft, Google CEOs on AI dangers
WASHINGTON: President Joe Biden met with CEOs of top artificial intelligence companies including Microsoft and Alphabet’s Google on Thursday and made clear they must ensure their products are safe before they are deployed. Generative artificial intelligence has become a buzzword this year, with apps such as ChatGPT capturing the public’s fancy, sparking a rush among companies to launch […]
Google, Amazon, Meta, Microsoft, 15 others subject to EU content rules
BRUSSELS, April 25 (Reuters) – Alibaba’s (9988.HK) AliExpress, Amazon’s (AMZN.O) Marketplace, Apple’s App Store and 16 other tech companies will be subject to new EU online content rules as of August, EU industry chief Thierry Breton said on Tuesday. The other 16 companies are booking.com (BKNG.O), Facebook (META.O), Alphabet’s (GOOGL.O) Google Maps, Google Play, Google Search, Google Shopping, Instagram, Linkedin, Pinterest, Snapchat, […]
Big Tech tumbles as results sound alarm bells
Grim results from Alphabet Inc and Microsoft Corp stoked fears of a global economic downturn and slammed the brakes on a fragile recovery in stock markets ahead of earnings from other tech megacaps. Shares of the Google-parent and Microsoft fell about 6% in premarket trading. Meta Platforms Inc, which is scheduled to report after markets close […]