Microsoft has revealed plans to lay off 1,900 employees at Activision Blizzard and Xbox. This move, constituting approximately 8% of the Microsoft Gaming division, comes just three months after the completion of Microsoft's $68.7 billion acquisition of Activision Blizzard.
The internal memo...
In a recent Nasdaq trading session, Microsoft has temporarily claimed the title of the world's most valuable public company, surpassing Apple in market capitalization. The surge in Microsoft's stock value is attributed to its consistent momentum in the realm of artificial intelligence (AI)...
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Hundreds of OpenAI employees are considering leaving the artificial intelligence giant to join Microsoft, following the departure of co-founder Sam Altman. Altman, who was ousted from OpenAI, is set to establish an AI subsidiary at Microsoft.
A letter, signed by some...
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Microsoft has appointed former OpenAI co-founders, Sam Altman and Greg Brockman, to head a groundbreaking AI research team, following Altman's dismissal from OpenAI's board. Despite the unexpected decision by OpenAI, Microsoft's CEO Satya Nadella expressed confidence in...
Foremost philanthropist and co-founder of Microsoft, Bill Gates, has reclaimed his title as the world’s richest man. The latest Bloomberg Billionaires Index said Gates, 64, now has $110 billion, deposing Amazon billionaire owner, Jeff Bezos, into second place at $109 billion.....
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Microsoft Corp. has won the sought-after JEDI cloud computing contract with the Pentagon valued at as much as $10 billion over a decade, dealing a blow to the market leader, Amazon.com Inc., which had been the front-runner....
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Microsoft’s $7.5 billion acquisition of GitHub is a perfect illustration of how value is ascribed differently in Silicon Valley than in the rest of the world.
GitHub was acquired for close to 30x annual recurring revenue (an astronomical multiple). To put this in perspective, Microsoft acquired...
Microsoft previews Office 2019 for Windows 10 business users Microsoft is starting to let business users experience the changes and new features in Office 2019 via a preview released on Wednesday, 2 May 2018.
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Pan-African Internet services provider, Internet Solutions has incorporated its CloudConnect colocation connectivity solution into Microsoft’s Azure ExpressRoute network. With Internet Solutions’ carrier infrastructure, Azure ExpressRoute users in Africa will link directly to the Microsoft Cloud...
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