The 3,200 people being laid off by Microsoft's Xbox division include 1,600 job eliminations this week, 1,250 cuts over the remainder of the fiscal year and at least 350 people affected by studio divestments. "Microsoft Begins More Than 3,000 Layoffs In Xbox Division" at 9:35 a.m. ET, incorrectly sa…
Microsoft NASDAQ:MSFT is cutting about 2.1% of its workforce, or roughly 4,800 jobs, as the Windows maker restructures parts of its commercial and Xbox businesses, joining other tech titans in a wave of layoffs as they shift investments towards AI infrastructure.The company's shares were down 1.5…
Hon Hai Precision Industry, the Taiwanese electronics manufacturing giant better known as Foxconn, reported a stronger-than-expected 40% jump in quarterly sales as AI demand continued to accelerate. Hon Hai Precision Industry (HNHPF) said revenue rose to NT$2.51 trillion, or $79 billion, in the thr…
Morgan Stanley strategists warned in their latest note that momentum in chip stocks is fading, as investors shift focus to hyperscalers that have been laggards.According to a Bloomberg report citing a Morgan Stanley note, the firm picked Microsoft Corp. (MSFT), Amazon.com Inc. (AMZN), and Meta Plat…
Crusoe, the data center operator that supplies AI computing power to Meta Platforms Inc (META) and Oracle (ORCL), is reportedly in negotiations to raise $3 billion in funds.According to people familiar with the matter, the company’s valuation is expected to reach $30 billion after this round of fin…
The growing public backlash against data centers poses a threat to AI companies and their shares. By Joe LightThe artificial-intelligence boom might usher in the next industrial revolution, but first it is going to have to answer to Cheryl Cordes.The retired nurse and her neighbors in Genesee Count…
Data centers spell progress to Indian officials and conglomerates. But for locals, it means sharing already sparse resources. By Karishma VanjaniU.S. communities are ferociously battling America's data-center boom. Some win, some lose, but they all get a fair chance to fight.Not in India, where dat…
Allianz Chief Economist Ludovic Subran has warned that artificial intelligence could have a less even economic impact than market enthusiasm currently suggests. Speaking to Bloomberg Television, Subran said markets may already be pricing in optimistic productivity gains even though the adoption pat…
By Christopher MimsMicrosoft, Google and Amazon are among the tech companies spending an estimated $1 trillion on AI infrastructure this year and last. In some regions, they are using far more water than they report, depending on how data centers are powered. And their water consumption is projecte…
By Aditya Kalra, Arpan Chaturvedi and Munsif VengattilThe world's biggest internet domain seller, GoDaddy, has warned that India's crackdown on fake websites impersonating famous brands will make the internet less safe for legitimate businesses and carry global ramifications.Soaring smartphone and…
Microsoft launches Microsoft Frontier Company with $2.5B to help enterprises integrate Microsoft and third‑party AI using customer data; clients include Unilever and Novo Nordisk.M
Microsoft NASDAQ:MSFT is creating a new 6,000-employee organization to help companies move artificial intelligence from experimentation into real business deployment. The group will support customers across the technical and strategic work needed to use AI more effectively, bringing together employ…
Anthropic's foreign access restrictions have been lifted after the company resolved US government safety concerns around its Fable 5 and Mythos 5 artificial intelligence models. The initial ban followed concerns raised by Amazon.com NASDAQ:AMZN that certain safeguards on Fable could be bypassed, bu…
REDMOND (dpa-AFX) - Microsoft Corp. (MSFT) has launched Microsoft Frontier Company, a new operating business focused on helping enterprises design, deploy and continuously improve artificial intelligence systems, backed by a $2.5 billion investment.The company said it will embed 6,000 industry and…
MICROSOFT IS PLANNING TO MERGE ITS CONSUMER AND ENTERPRISE COPILOT CHATBOTS IN AUGUST - THE INFORMATIONMICROSOFT COPILOT EXEC JACOB ANDREOU IS CUTTING LOW-VALUE COPILOT FEATURES -
Microsoft Corp. (MSFT, Financials) has joined a consortium led by Singapore-based Lightstorm to build a 3,600-kilometer undersea cable linking India with Malaysia and Singapore.The group also includes Tata Communications, Singapore Telecommunications, ASEAN Cableship and Japan's NEC. The I-2SEA cab…
Microsoft Corp. (MSFT) on Thursday launched Microsoft Frontier Company, a new AI engineering business backed by a $2.5 billion investment that will embed 6,000 employees with enterprise customers to help design, deploy and optimize AI systems.The company said the new division is focused on driving…
Microsoft MSFT is rolling out its next-generation Surface Pro and Surface Laptop lineup, with Thailand becoming the latest market to receive the devices ahead of official sales on July 23, 2026, following early-bird registration that opened July 1.The refreshed hardware, powered by Qualcomm's Snapd…
By Stephen NellisMicrosoft NASDAQ:MSFT said on Thursday it is creating a new company that will help customers select AI technologies that work for their businesses and generate returns on their investment.Microsoft Frontier Company, as the new operating entity is called, will kick off with $2.5 bil…
European regulators have launched a series of antitrust, privacy and online safety investigations into major technology companies in recent years.Below are some of the major probes:ALPHABET NASDAQ:GOOGEurope's top court on July 2 dismissed Google's challenge against a €4.1 billion ($4.8 billion) EU…
