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The Latest Breaking News from Satya Nadella

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?

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

Fortune

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.

Inverse

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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

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."

Fortune

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.”

Fortune

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

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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.

WEKU

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.

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 is laying off 10,000 employees

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

Axios

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

inkl Originals

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.

Fortune

Biggest CEO successes and setbacks: 2022’s triumphs and 2023’s challenges

How the likes of Satya Nadella, Elon Musk, Mark Zuckerberg, and Cathie Wood did in 2022–and the challenges that await them in 2023.

Fortune

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Bangkok Post

The Backstory of ChatGPT Creator OpenAI

ChatGPT, the artificial-intelligence program captivating Silicon Valley with its sophisticated prose, had its origin three years ago, when technology investor Sam Altman became chief executive of the chatbot's developer, OpenAI.

Los Angeles Times

He was a young tech entrepreneur, and Kanye West wanted to partner with him. What could go wrong?

Alex Klein's tech inventions have passed through the hands of some of the most powerful people in government, music and business. Barack Obama, Microsoft Chief Executive Satya Nadella, former U.K. Prime Minister Boris Johnson and former New York City Mayor Michael Bloomberg have all touted the 32-year-old Londoner's music-creation devices,…

TechRadar

Windows 12: What to expect, new features we want to see

Here's what we know about Windows 12 so far - and what we'd like to see from it.

Tribune News Service

Post-it Notes adapt to work-from-home with Microsoft Teams app

Post-it Notes are getting a hybrid-work upgrade with a Microsoft Teams app that lets users digitize handwritten notes by holding them in front of the camera.

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USA Today Sports Media Group

Microsoft CEO is ‘very confident’ that the Activision Blizzard merger will be approved

Satya Nadella says, 'if this is about competition, let us have competition' regarding the acquisition.

The Times of India

How Microsoft CEO Satya Nadella transformed one of the world’s great businesses

Most people want to be successful in life and in their careers, and they thrive to do so throughout their lifetime. In order to help them introspect, learn, and become the best versions of themselves at work and in leadership, authors Bill George and Zach Clayton have written their new…

The Hindu

Satya Nadella, Shantanu Narayen among investors in first U.S. T20 league

Indian-American CEOs of Microsoft and Adobe, Satya Nadella and Shantanu Narayen, will fund Major League Cricket, the new T20 league in the U. S.

The Times of India

Satya Nadella, Shantanu Narayen among prominent investors in USA's first T20 league

NEW YORK: In a significant push to popularise cricket in the US, a USD 120 million funding has been secured from prominent Indian-American business leaders, including Microsoft CEO Satya Nadella and Adobe CEO Shantanu Narayen, to launch the first professional T20 league in the US.

Tribune News Service

In its campus rebuild, Microsoft hopes to ditch ‘know-it-all’ culture, pivot to ‘learn it all’

When Microsoft first started to build its Redmond, Washington campus in the 1980s, it used three things to entice workers: free soda, a lax dress code and private offices.

Input

Xbox is eating up console market share, at least according to Xbox

In a recent investor call, the head of Microsoft said that Xbox has gained in console market share as Sony struggles to keep pace with PlayStation 5 demand.

Asharq Al-Awsat

Cloud Computing Helps Power Strong Microsoft Quarter

Microsoft on Tuesday reported strong quarterly earnings, powered by demand for cloud computing. The tech titan said it made a profit of $16.7 billion on revenue of $49.4 billion in the first three months of this year, eight percent and 18 percent, respectively, more than in the period a year…

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