Microsoft is laying off around 1,900 workers in its gaming unit, extending tech job losses in early 2024. The cuts represent roughly a 9 percent reduction at Activision Blizzard and Xbox from the 22,000 employees. The president of Blizzard Entertainment, Mike Ybarra, is leaving the company, according to a post on X, formerly known as … Read more
The Federal Trade Commission (FTC) is launching an inquiry into several multibillion-dollar investments by major technology companies into generative artificial intelligence (AI) firms, the agency announced Tuesday. The FTC said it is seeking information about the partnerships between Microsoft and OpenAI, Amazon and Anthropic, and Google and Anthropic. All five companies were issued orders requesting … Read more
Meta CEO Mark Zuckerberg said Thursday that the company is training its next generation of artificial intelligence (AI) models and hopes to make it accessible to everyone through products such as AI smart glasses. “Today I’m bringing Meta’s two AI research efforts closer together to support our long-term goals, building general intelligence, open sourcing it … Read more
For more than a decade, Apple was the stock market’s undisputed king. It first overtook Exxon Mobil Corp. as the world’s most valuable public company in 2011 and held the title almost without interruption. But a transfer of power has begun. On Friday, Microsoft surpassed Apple, claiming the crown after its market value surged by … Read more
Photo: Nikolas Kokovlis/NurPhoto (Getty Images) At the end of a long, stressful work day, the solitude of a car is nice. It’s a place where you can decompress, de-stress, and scream along to your driving playlist so you arrive home at least a little bit normal. Companies, however, don’t see it that way. They see … Read more
The European Union said Tuesday it is examining Microsoft’s multibillion-dollar investment in OpenAI, the artificial intelligence (AI) company behind the popular ChatGPT tool, and whether it is subject to the bloc’s merger rules. “The European Commission is checking whether Microsoft’s investment in OpenAI might be reviewable under the EU Merger Regulation,” the EU’s executive arm … Read more
If you’ve been dying to hear more about the upcoming Indiana Jones game, then Microsoft has some good news for you. The mysterious new release from Wolfenstein developer MachineGames will headline an imminent Xbox Direct conference. The Xbox Developer Direct will be available to watch at 8pm GMT UK time on the evening of January … Read more
Sam Altman — the leader of one of the world’s most influential AI companies that created ChatGPT, OpenAI — was fired on Friday night by the startup’s board in a surprise move. Within about 48 hours, he was hired to run a new division at Microsoft where he’ll be arguably even more powerful, with the … Read more
For most people, passive income is a bit of extra pocket change that requires minimal effort to earn to supplement a main source of income. For Steve Ballmer, it’s $US1 billion ($A1.4 billion). Ballmer, the sixth-richest person in the world, is due to collect that much in dividends from Microsoft in 2024. Watch the latest … Read more
The New York Times has filed a federal lawsuit against OpenAI and Microsoft, seeking to end the practice of using its stories to train chatbots. In the suit filed Wednesday in the Southern District of New York in Manhattan, the Times said OpenAI and Microsoft are advancing their technology through the “unlawful use of The … Read more
