Stocks drop after being disappointed by Microsoft

US stocks fell at the start of the Wednesday session after lackluster earnings guidance from Microsoft (MSFT) dampened the outlook for technology stocks, weighing on the broader market. The S&P 500 (^GSPC) was down 1.2% at the open, while the Dow Jones Industrial Average (^DJI) was down 250 points, or roughly 0.8%. The technology-heavy Nasdaq … Read more

Microsoft investigating widespread Teams, Outlook, and OneDrive outages

Microsoft is investigating a networking issue after tens of thousands of users around the world reported being unable to access services like Teams and Outlook. in The series of tweets On the Microsoft 365 Status Twitter account, Microsoft said it was taking steps to isolate the problem, but did not say how widespread it was. … Read more

Microsoft Q2 2023: Windows, Hardware, and Xbox are down as the cloud stays strong

Microsoft just published its second quarter financial results for 2023. The software manufacturer reported revenue of $52.7 billion and net income of $16.4 billion during the second quarter. Revenue rose 2 percent, but net income fell 12 percent. The results came just days after Microsoft announced the layoffs of 10,000 employees. Microsoft previously projected a … Read more

Microsoft offers developers guidance on green software tools

A new white paper from Microsoft and emerging academic projects look to encourage organizations’ adoption of green software, using open-source tools that real-world developers can use to measure their carbon footprint. The white paper, released Jan. 10, documents a partnership between Microsoft, Swiss bank UBS, and the Green Software Foundation to provide architectural guidance on … Read more

Why Microsoft ditched HoloLens and doubled down on ChatGPT

Microsoft is making a big bet on artificial intelligence. The company has announced “Phase 3” of its relationship with OpenAI — the creators of ChatGPT and Dall-E 2, among impressive/AI-related demos — which includes a “billion-dollar multi-year investment” and a commitment to be Microsoft’s exclusive cloud provider for AI. This is a natural extension of … Read more

Microsoft slowing down? Partners who invest in spite of ‘more cost-conscious’ clients

Cloud news Wade Tyler Millward January 20, 2023, 06:27 PM EDT Interlink, Core BTS, LAN Infotech, Guardian Computer and Ensono influence Microsoft’s tough week. Partners tell CRN that even if Microsoft’s growth is slowing for their business, they still see potential for more revenue from customers by offering more Microsoft products and services in security … Read more

I’m the former Vice President of Human Resources at Microsoft. Here are the three types of employees most at risk during layoffs — and the two that are safest.

Chris Williams has worked at Microsoft for almost 8 years.Chris Williams Chris Williams is a former Vice President of Human Resources at Microsoft and a TikTok podcaster, consultant, and creator. Microsoft, like many other technology companies, recently announced plans to lay off 5% of employees. It can be difficult to judge the risks of layoffs, … Read more

Microsoft, Amazon, Meta, and others have laid off more than 60,000 employees

Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on November 15, 2022. Seung Joon Cho | bloomberg | Getty Images Job cuts are piling up in the land of technology, as companies that led the bull market for 10 years adjust to a new reality. Microsoft said Wednesday that it … Read more

Microsoft will cut 10,000 jobs with concern about a recession in the cloud technology sector

DAVOS, Switzerland, Jan. 18 (Reuters) – Microsoft said Wednesday it will cut 10,000 jobs and slash $1.2 billion, as cloud computing customers reassess their spending and the company prepares for a possible recession. The layoffs, much larger than the cuts Microsoft made last year, are piling up to tens of thousands of jobs in a … Read more