Microsoft

Microsoft announced yesterday a 5 billion Australian dollar ($3.2 billion) investment in Australia focused on cloud computing and artificial intelligence, saying it would boost the country's economy and cyber defences.

This serves as it’s entry into a crowded field featuring Google, the partnership between ChatGPT developer OpenAI & Microsoft & many others

The European Union announced yesterday that it opened a formal antitrust investigation targeting Microsoft into the software company's Teams messaging and videoconferencing app over concerns that its bundling with its Office productivity software suites gives it an unfair edge over competitors.

Tech titans Google and Microsoft announced better-than-expected earnings on July 25 as the frenzy over artificial intelligence stokes investor excitement and breathes a new life into the sector.

Facebook parent company Meta Platforms has built an artificial intelligence system that rivals the likes of ChatGPT and Google's Bard but it's taking a different approach: releasing it for free.

It's not "game over" yet for Microsoft's quest to buy the video game maker Activision Blizzard, but the software giant is starting to run out of clear pathways to complete its $69 billion takeover.

A major setback came on April 26 when British antitrust regulators said they would block the acquisition.

Following the adoption, in April 2022, of strategic investment status by the three Microsoft data centers, the next milestone for the 1-billion-euro investment is the start of construction of the facilities that will store the data and information trafficked through the internet.

IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Jan. 25.

The computing company based in New York state did not talk of job cuts in its quarterly earnings report published Wednesday, however, nor in a call with analysts to discuss the financial results.

Alamy Photo

The U.S. Justice Department sued Google on Jan. 24 for its dominance of the online advertising market, launching a fresh legal battle against the California-based tech giant.

The federal antitrust suit accused Google of unlawfully maintaining a monopoly that had "corrupted legitimate competition in the ad tech industry."

Microsoft is readying to cut more positions from its global workforce as tech giants continue paring headcount to ride out rough economic conditions, according to media reports.

A Microsoft spokesperson told AFP that the company would not comment on what it referred to as "rumor."