Search
+
    SEARCHED FOR:

    MICROSOFT SURFACE

    Nvidia CEO Jensen Huang has resigned following weeks of controversy over alleged extramarital affairs and his links to a woman suspected of spying for China. His departure leaves the AI chipmaker facing leadership uncertainty, investigations and questions over national security, while Colette Kress takes charge as interim chief executive.

    Microsoft reports $36 billion quaterly profit, employees complain salary raises below 1%, describe workplace as 'joyless and demoralizing' after 60,000 people receive buyout offers

    Microsoft reported a 32% jump in quarterly profit to $36.6 billion but its employees complain of salary increases below 1%, rising workloads and pressure to use AI tools. An open letter describes the workplace as “joyless and demoralizing” following voluntary buyout offers to around 60,000 employees across four countries.

    Microsoft beats expectations fueled by Azure cloud business

    Microsoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. The Azure cloud services experienced a remarkable growth of 48%, driven by an increasing demand for AI technologies. In a strategic move, the company has offered voluntary buyouts to 60,000 employees while continuing to innovate hardware aimed at enhancing AI capabilities.

    Microsoft beats expectations fueled by Azure cloud business

    Microsoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its Azure cloud computing division which grew by 48 percent in the September quarter. However, Google on Wednesday reported that revenue from its cloud division doubled to $30.7 billion during the quarter, bringing it closer to Microsoft's Azure revenue, which reached $33.2 billion in the same period.

    Former Microsoft employee tells wife he was lucky to be fired from tech sector in 2022. What is he doing now?

    Former Microsoft employee Ian Yong Hoe Tan says he feels fortunate to have been retrenched in late 2022, amid growing concerns about AI-driven job losses. Reacting to Microsoft’s voluntary buyout offers for around 60,000 employees, he said the development left him shaken. Tan now works as a lecturer at Nanyang Technological University in Singapore.

    Swiggy’s Q2 report card; eMudhra to exit certificate biz

    Swiggy continued on its growth trajectory while bringing down losses in Q2FY27. This and more in today’s ETtech Top 5.

    The Economic Times
    BACK TO TOP