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Microsoft to Lay Off 10,000 Employees as Tech Industry Struggles Continue Microsoft is the latest technology giant to lay off scores of employees as the entire sector continues to restructure itself in the name of profitability over growth. Microsoft CEO Satya Nadella announced that the company will lay off approximately 10,000 employees, beginning Wednesday. The…
“5 Reasons the Microsoft Surface Duo 2 Design Failed” They may be technological marvels, but foldable and rollable screens remain just that in consumers’ eyes. Foldable phones have been on the market for almost five years now, but they’re still considered to be expensive eccentricities and luxuries that only a few can really afford. Even…
“Bill Gates dodges Jeffrey Epstein questions during Reddit chat” Bill Gates held court during an online chat in which he invited Reddit users to “ask me anything” on Wednesday — only to ignore questions about his ties to the convicted pedophile Jeffrey Epstein. Gates, the Microsoft co-founder and billionaire philanthropist, fielded questions during a Reddit…
“Tech moguls lost a combined $433B in wealth in 2022 stock market dive” The nation’s tech titans lost an aggregate total of more than $430 billion as shares of their once-hot companies plummeted this year. Tesla and Twitter boss Elon Musk’s net worth nosedived an eye-watering $132 billion, causing him to lose his title as…
” How to avoid getting hooked by crypto ‘ice phishing’ scammers — CertiK “ Blockchain security company CertiK has reminded the crypto community to stay alert over “ice phishing” scams — a unique type of phishing scam targeting Web3 users — first identified by Microsoft earlier this year. In a Dec. 20 analysis report, CertiK…
Microsoft Hit With Antitrust Suit From Gamers Seeking to Block Activision Deal Microsoft was hit with another antitrust suit, this time from gamers, seeking to block the tech giant’s $69 billion bid to buy Activision Blizzard. The suit filed on Tuesday in federal court in California alleges that the deal will suppress competition in the…
” Microsoft bans cryptocurrency mining on cloud services “ Cloud computing giant Microsoft is taking measures to increase stability of its cloud services by forcing new restrictions for activities like cryptocurrency mining. Microsoft has quietly banned crypto mining from its online services in order to better protect its customers and clouds, British technology news agency…
“FTC votes to block Microsoft’s $69B Activision acquisition” The Federal Trade Commission has sued to block Microsoft’s $69 billion deal to buy Activision Blizzard, claiming that the mega-deal would stifle competition in the lucrative video-game industry, sources told The Post. The aggressive clampdown under FTC Chair Lina Khan — a 33-year-old legal prodigy who has…
“Microsoft bringing ‘Call of Duty’ to Nintendo in 10-year deal” Microsoft has entered into a 10-year commitment to bring the gaming title “Call of Duty” to Nintendo platforms, the chief executive officer of Microsoft Gaming, Phil Spencer, said in a post on Twitter on Wednesday. The agreement will bring the popular first-person shooter series from Activision Blizzard to Nintendo game…
” North Korean Lazarus Group is targeting crypto funds with a new spin on an old trick “ Microsoft reports that a threat actor has been identified targeting cryptocurrency investment startups. A party Microsoft has dubbed DEV-0139 posed as a cryptocurrency investment company on Telegram and used an Excel file weaponized with “well-crafted” malware to…