Tag: microsoft
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UK to regulate cloud service providers Microsoft, Google and others to protect financial stability
LONDON, July 10 : Britain on Friday designated cloud service providers Microsoft, Google, Amazon and Oracle as ‘critical third parties’, bringing them under direct regulatory oversight to protect the country’s financial system.”As banks, insurers and financial market infrastructures become increasingly relian
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Microsoft to cut thousands of jobs, Xbox to be hit hard
The move will affect the company’s gaming division, which has been facing the outcome of a “not healthy” business model. The jobs cut will not be replaced by AI, Microsoft’s VP said.
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Microsoft joins AI-driven tech layoff wave with 4,800 job cuts
July 6 : Microsoft is cutting about 2.1 per cent of its workforce, or roughly 4,800 jobs, the latest in a wave of tech layoffs as the Windows maker spends heavily on AI infrastructure and uses the technology to improve efficiency across its business.Big Tech’s historic AI outlays, set to top $700 billion this
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Microsoft to cut under 2.5% of workforce in latest layoffs, Business Insider reports
June 30 : Microsoft is planning to cut under 2.5 per cent of its workforce in the latest round of layoffs that could be announced as early as next week, Business Insider reported on Tuesday, citing people familiar with the matter.The layoffs will impact thousands of roles, including sales and consulting, as w
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Italy regulator probes Microsoft over ‘Microsoft 365’ price hike
ROME, June 26 : Italy’s antitrust authority said on Friday it had opened an investigation into Microsoft over alleged unfair commercial practices linked to the price hike of its “Microsoft 365” subscription. The regulator said the Windows maker did not adequately inform consumers that its Microsoft 365 servic
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AI boom sends Xbox, Mac and iPad prices soaring
Microsoft and Apple are raising prices for Xbox consoles, Macs and iPads as the AI boom sends memory chip costs soaring, with prices increasing by up to $300 (about €265) and as much as 25%, depending on the product.
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Brussels tightens rules on US cloud providers in tech sovereignty push
The European Commission has decided that Microsoft Azure and Amazon Web Services should face strict rules to improve cloud competition. The move risks angering Washington as Brussels pushes the European tech sovereignty agenda. #EuropeNews
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EU targets Amazon, Microsoft cloud units for Big Tech “gatekeeper” rules
BRUSSELS, June 25 : EU antitrust regulators said Amazon and Microsoft’s cloud computing services should be designated as “gatekeepers” under landmark tech rules, a step that would subject them to strict obligations aimed at curbing market power.The designation under the Digital Markets Act would impose a
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Microsoft’s quantum computing technology called into question, again
SAN FRANCISCO, June 24 : A new critique in the scientific journal Nature is raising fresh questions about Microsoft’s claimed quantum computing breakthrough last year, which underpinned the company’s announcement this month that it will have a working quantum system by 2029.Quantum computers could solve scien
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Oracle says details in report of failed Microsoft cloud deal talks ‘inaccurate’
June 16 : Oracle said on Tuesday that details in a Business Insider report on the collapse of its discussions with Microsoft over a potential leasing deal were inaccurate.The report had said that Microsoft’s discussions with Oracle regarding a cloud infrastructure leasing deal have fallen apart due to securit
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