Debate has intensified within Whitehall regarding the reliance on American technology firms after members of Parliament questioned government spending on Microsoft contracts. The latest focus lies on a five year
Microsoft
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Microsoft has achieved a remarkable milestone by surpassing a four trillion dollar market capitalisation marking it as only the second publicly traded company after Nvidia to reach this lofty valuation.
Microsoft has cemented its position as a powerhouse in the technology sector, capturing Wall Street’s attention with its impressive foray into artificial intelligence and a robust financial performance. The Redmondbased
The tech behemoth Microsoft has unveiled plans to reduce its global workforce by approximately 9,000 positions, representing 4% of its staff, as the organisation pivots towards enhanced artificial intelligence capabilities
Microsoft has announced plans to lay off approximately 3% of its global workforce, equating to around 6,000 employees. The tech giant, based in Redmond, Washington, employed 228,000 full-time staff as
Microsoft has surpassed Wall Street’s quarterly expectations, driven by robust demand for its cloud computing services. The tech giant reported a 13 per cent increase in overall revenue year-on-year, reaching
Britain’s Competition and Markets Authority (CMA) has decided to drop its investigation into Microsoft’s $13 billion stake in OpenAI. The regulator concluded that Microsoft does not hold the degree of
In a strategic move that marks the end of an era, Microsoft has announced the permanent discontinuation of Skype, effective 5 May 2025. The pioneering internet calling service, which revolutionised
In a significant market development, Microsoft witnessed a staggering £200 billion erosion in market capitalisation after its cloud division reported growth figures below Wall Street’s projections, highlighting the tech giant’s
The Federal Trade Commission (FTC) is poised to initiate an investigation into Microsoft’s cloud computing practices, examining potential anti-competitive behaviour in a move that signals continued regulatory pressure on Big
Microsoft’s substantial investment in artificial intelligence technology has yielded impressive returns, with quarterly sales climbing 16 per cent to £65.6 billion, surpassing Wall Street’s expectations. The tech giant’s Azure cloud
Microsoft’s shares declined 3.8% in after-hours trading despite reporting substantial quarterly gains, as warnings about slowing growth and escalating artificial intelligence costs dampened investor enthusiasm. The technology giant’s fiscal first-quarter
Microsoft accused Google of “shadow campaigns” to undermine Microsoft’s position with politicians and regulators. This is the latest example of escalating rivalry between tech giants when it comes to cloud
Microsoft signed a 5-year product agreement for the British Government, as the Labour government deepens ties with this giant technology group whose UK CEO has been appointed to head an
Clare Barclay is the new chief executive at Microsoft UK. She will oversee the British Government’s Industrial Strategy. Barclay is to chair the Industrial Strategy Advisory Council. This council will
AMD’s CEO believes that the chipmaker has closed the performance gap between Nvidia and its market-leading artificial Intelligence processors. The company unveiled new products aimed at a market valued at
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