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The Latest Breaking News from Satya Nadella

Microsoft Quarterly Results Saved by Cloud Computing

Microsoft on Tuesday said sales slowed and profits slumped in the last quarter of 2022 as a darkening economic outlook pushed it to lay off 10,000 workers. The Washington state-based tech giant -- owner of LinkedIn, Xbox and Windows -- said overall sales rose just two percent in the October-to-December…

Asharq Al-Awsat

Microsoft's profit drops, but cloud computing drives growth

A slump in PC demand coupled with a stagnating devices business and post-COVID gaming slowdown cut into Microsoft's revenue and profit, but its cloud computing unit drove growth, according to the company's second-quarter results released Tuesday.

Tribune News Service

Who is winning the Microsoft-OpenAI partnership?

Who is winning the Microsoft-OpenAI partnership?

Microsoft stands to gain a lot for its investment—while OpenAI is taking a bigger gamble

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Why Microsoft gutted HoloLens and doubled down on ChatGPT

Microsoft made cuts to its AR and VR teams while even more heavily investing in artificial intelligence, signaling a major pivot for the company.

Microsoft confirms multibillion dollar investment in firm behind ChatGPT

Company says deal with OpenAI will involve deploying artificial intelligence technology across its products

The Guardian - UK

Microsoft invests billions in ChatGPT firm OpenAI

Washington (AFP) - Microsoft on Monday said it had extended its partnership with OpenAI, the research lab and creator of ChatGPT, an artificial intelligence chatbot that has sparked widespread fears of cheating in schools and universities.

Microsoft Adds 'Multibillion Dollar' Investment In ChatGPT Owner OpenAI

Microsoft said its investment in OpenAI will "accelerate AI breakthroughs to ensure these benefits are broadly shared with the world."

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Big tech is crowing about A.I. as it lays off tens of thousands of workers

Big tech is crowing about A.I. as it lays off tens of thousands of workers

Microsoft is letting go of 10,000 workers while CEO Satya Nadella tells Davos, "A golden age of A.I. is underway."

Microsoft and Alphabet Deepen the White-Collar Recession

Microsoft and Alphabet Deepen the White-Collar Recession

The tech sector is on track to cut more jobs than in 2022, a year reminiscent of the bursting of the dot-com bubble.

Microsoft under fire for hosting private Sting concert for its execs in Davos the night before announcing mass layoffs

Microsoft under fire for hosting private Sting concert for its execs in Davos the night before announcing mass layoffs

The tech giant’s party in the exclusive Swiss ski resort was labeled “seriously bad executive symbolism.”

Sting reportedly played elite Microsoft event as layoffs loomed

SEATTLE — Striking the right corporate tone for a major layoff can’t be easy.

Tribune News Service

Google, Amazon, Meta, Microsoft and Twitter All Cut Jobs. Here's Who Offers the Most Generous Package

Google, Amazon, Meta, Microsoft and Twitter All Cut Jobs. Here's Who Offers the Most Generous Package

Tech companies are offering a range of severance packages that include several months of salary and health-care benefits.

Microsoft to axe 10,000 jobs as tech gloom deepens

Microsoft to axe 10,000 jobs as tech gloom deepens

Washington (AFP) - Microsoft on Wednesday said it would lay off 10,000 employees in the coming months as the economic downturn continues to punish US tech giants.

Microsoft Releases Email It Sent to Employees After Massive Layoff Announcement

Microsoft Releases Email It Sent to Employees After Massive Layoff Announcement

CEO Satya Nadella says it's 'showtime' for Microsoft as the software giant announces the elimination of 10,000 jobs.

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Investors Business Daily

Microsoft Slashes Workforce Amid Strategic Investments In AI, Cloud

Software giant Microsoft on Wednesday announced plans to lay off 10,000 employees, or roughly 5% of its workforce.

Microsoft Adds To Tech Headcount Carnage With Plan To Cut 10,000 Jobs Worldwide

"We’re living through times of significant change (with) organizations in every industry and geography exercising caution," said CEO Satya Nadella.

Microsoft slashes 10,000 jobs, the latest in a wave of layoffs

Amazon, Salesforce and Goldman Sachs have also announced cuts during a brutal January for corporate workers.

Microsoft says it will axe 10,000 employees over poor economy

Washington (AFP) - Microsoft on Wednesday said it would lay off 10,000 employees in the coming months as the economic downturn continues to punish US tech giants.

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Tribune News Service

Microsoft, Amazon set to erase 28,000 jobs as tech slump deepens

Microsoft Corp. and Amazon.com Inc., two of the world’s biggest companies, began cutting a total of 28,000 jobs on Wednesday in a post-pandemic reckoning that has left almost no tech name unscathed.

Tribune News Service

Microsoft plans 10,000 job cuts, to take $1.2 billion charge

Microsoft Corp. said it plans to cut 10,000 jobs, or about 5% of its workforce this year, taking steps to cope with an increasingly bleak outlook that has now bruised many of the technology industry’s biggest companies.

Microsoft Announces a Wave of 10,000 Job Cuts

The software giant is the latest tech company to drastically cut costs to adapt to the economic downturn.

Microsoft is laying off 10,000 employees

It joins a growing list of Big Tech firms cutting staff.

The Weekly Wrap for Saturday, 14 January 2023

Xi Jinping is acting boldly, but it's not in the direction many feared. This week we delve into the constraints that spurred a widespread softening of China's internal and external policies

There’s a brewing ‘A.I. arms race’ and Microsoft’s ChatGPT play is ‘a potential game changer,’ Wedbush’s Dan Ives says

Microsoft's proposed investment in OpenAI is a "smart poker move" as A.I. advances, Wedbush's top tech analyst argues.

Microsoft CEO: Tech Faces Two Years of Challenges

The tech industry is struggling as more layoffs occur.

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