Jan 18 Watch 4:41 Massive tech layoffs, slowing growth boost fears of possible recession By Geoff Bennett The job cuts in big tech are piling up. Microsoft said it's laying off 10,000 employees and Amazon started a fresh round of job cuts in what’s expected to become the largest workforce reduction in its 28-year history. It all… Continue watching
Jan 18 Microsoft cuts 10,000 jobs globally, about 5 percent of workforce By Matt O'Brien, Associated Press Microsoft is cutting 10,000 workers, almost 5% of its workforce, as it joins other tech companies in a scaling back of their pandemic-era expansions. Continue reading
Jan 03 Video game testers form Microsoft’s 1st U.S. labor union By Matt O'Brien, Associated Press A group of video game testers is forming Microsoft's first labor union in the U.S. It will also be the largest union in the video game industry. Continue reading
Dec 07 Pentagon splits $9 billion cloud computer network contract between 4 firms By Tara Copp, Matt O'Brien, Associated Press Google, Oracle, Microsoft and Amazon will share in the Pentagon's $9 billion contract to build its cloud computing network. Continue reading
Sep 01 Microsoft’s massive Activision Blizzard deal gets global scrutiny By Matt O'Brien, Kelvin Chan, Associated Press Microsoft's plan to buy video game giant Activision Blizzard for $68.7 billion could have major effects on the gaming industry, giving the Xbox maker control of many more popular titles. Continue reading
Jan 18 Watch 5:36 What Activision Blizzard’s acquisition by Microsoft means for its pending lawsuits, gamers By Geoff Bennett, Karina Cuevas Microsoft announced plans Tuesday to buy Activision Blizzard — a huge leader in game development — in a deal valued at $75 billion. But the acquisition comes with significant issues. There have been numerous allegations of sexual misconduct in the… Continue watching
Jan 18 U.S. regulators take aim at illegal and anticompetitive mergers By Marcy Gordon, Associated Press Two agencies are seeking public comment on how current merger guidelines can be updated to better detect and prevent illegal and anticompetitive deals. Continue reading
Jan 18 Microsoft buys video game maker Activision Blizzard for nearly $70 billion By Matt O'Brien, Associated Press Microsoft is paying nearly $70 billion for Activision Blizzard, the maker of Candy Crush and ‘Call of Duty,’ as it seeks an edge in the fiercely competitive businesses of mobile gaming and virtual-reality technology. Continue reading
Oct 25 Russia-backed hackers are targeting cloud services, Microsoft says By Alan Suderman, Associated Press Microsoft said Monday the same Russia-backed hackers responsible for the 2020 SolarWinds breach continue to attack the global technology supply chain and have been relentlessly targeting cloud service companies and others since summer. Continue reading
Jul 19 Watch 6:47 As U.S., allies condemn Chinese cyberattacks, report exposes governments’ use of spyware The Biden administration and a large group of allies called out China for state-sponsored, international hacking Monday. A consortium of media outlets also published an investigation revealing how governments hacked into their opponents' phones with sophisticated, Israeli-made software. Nick Schifrin… Continue watching