Business
Heavy earnings week, jobs data to test US stocks after Microsoft swoon
Results are due from about one-quarter of S&P 500 companies including Alphabet, Amazon, Lilly Another huge batch of corporate earnings…
Tag
Microsoft
Business
Musk seeks up to US$134 billion damages from OpenAI, Microsoft
ELON Musk wants OpenAI and Microsoft to pay him damages in the range of US$79 billion to US$134 billion over his claims that the…
Business
Microsoft in record deal for soil carbon credits as data centres surge
It will buy a record 2.85 million soil carbon credits linked to regenerative agriculture Microsoft has agreed with Indigo Carbon to buy a…
Politics
Trump administration reviving Three Mile Island with $1 billion loan
The U.S. Department of Energy said Tuesday it will loan $1 billion to help finance the restart of the long-idle nuclear reactor at…
Politics
Trump says Microsoft should fire its global affairs president Lisa Monaco
Tech firms have attempted to warm their ties with the US president during his second term in office US President Donald Trump said on…
Business
OpenAI to share 8% of its revenue with Microsoft, partners, The Information reports
OpenAI has projected that by the end of the decade it will be sharing about 8 per cent of its revenue with commercial partners, namely…
Business
Microsoft to put more computing power behind in-house AI models
The world’s largest software maker has mostly relied on large language models from the ChatGPT maker to power its products Microsoft plans…
Business
Microsoft, Rolls-Royce Power Systems push treated vegetable oils to green Singapore’s data centres
Microsoft and Rolls-Royce Power Systems are pushing for the adoption of hydrotreated vegetable oil (HVO) as a sustainable backup fuel for…
Business
Microsoft investigates Israeli military’s use of Azure cloud storage
Microsoft is investigating how Israel’s military surveillance agency, Unit 8200, is using its Azure cloud storage platform, amid concerns…
Business
Tally of Microsoft victims surges to 400 as hackers capitalise on SharePoint flaw
The number of companies and organisations compromised by a security vulnerability in Microsoft’s SharePoint servers is increasing rapidly,…
Business
Microsoft to stop using engineers in China for tech support of US military, Hegseth orders review
Microsoft on Friday said it will stop using China-based engineers to provide technical assistance to the US military after a report in…
Business
Microsoft lays off thousands in latest cuts to state's tech industry
There was more bad news for the tech sector Wednesday as Microsoft announced reductions to staff, preparing for thousands of layoffs…
Business
Microsoft begins deep job cuts across Xbox division
Microsoft’s gaming division began informing employees of job cuts on Wednesday (Jul 2) morning, part of a broader culling at the software…
Business
Temasek joins Microsoft, BlackRock and MGX to develop AI infrastructure
Temasek’s participation comes after the Kuwait Investment Authority joined earlier in June Temasek has joined a consortium backed by…
Business
Microsoft cuts hundreds more jobs after firing 6,000 last month
The AI boom has roiled the tech labour market because companies are prioritising AI-focused jobs and harnessing the technology to save…
Business
Microsoft touts AI sales at town hall, reveals Barclays contract
MICROSOFT touted its progress selling artificial intelligence tools to corporate customers during a companywide town hall on Thursday,…
Politics
Microsoft employees say internal emails with 'Gaza,' 'Palestine' will not send
Microsoft employees are claiming that internal emails containing words like genocide, Gaza and Palestine and phrases related to…
Business
Microsoft layoffs hit its Silicon Valley workforce
Microsoft is slashing its Silicon Valley workforce. The tech giant, which is based in Washington but also has Bay Area offices, is cutting…
Business
US: Stocks boosted by gains in Microsoft, Meta
WALL Street stocks rallied on Thursday after strong results from Microsoft and Facebook parent Meta offset lingering worries about an…
Business
US: Wall Street leaps at the open on Microsoft, Meta boost
Wall Street’s main indexes jumped at the open on Thursday, powered by shares of Meta and Microsoft, as their strong quarterly results…
Business
Microsoft posts strong results fuelled by cloud sales growth
Microsoft reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady…
Politics
Donald Trump's tariff exemptions raise eyebrows—"Almost getting comical"
President Donald Trump's decision to exempt many electronics from newly implemented tariffs has sparked surprise from critics, with some…
News
Microsoft fires employees who protested its support for Israel at 50th anniversary event
Two Microsoft employees were fired for protests condemning the company’s support for Israel at a 50th anniversary event last week.…
Business
Microsoft venture Wicresoft to halt China operations, cutting 2,000 jobs: report
The move is in line with Microsoft’s decision to stop outsourcing after-sales support in China to Wicresoft Microsoft’s joint venture…