Microsoft on Wednesday lowered its cloud computing unit revenue forecast in a bookkeeping move, shifting money to its "productivity" software business. The accounting change comes as investors are wary about whether the billions Microsoft and tech... — read more
Microsoft Shutting Down Mods
https://www.channelnews.com.au/outrage-as-activision-forces-shuts-down-modern-warfare-2-mod/
Microsoft is ki-ling the Windows Paint 3D app after 8 years
https://www.bleepingcomputer.com/news/microsoft/microsoft-is-ki-ling-the-windows-paint-3d-app-after-8-years/
"We’ve long known that the balance sheets of darling valley companies like Open AI are massively in the red."
https://gregmorris.co.uk/2024/08/13/who-pays-for.html
"Microsoft's closure of Arkane Austin in May was one of the more shocking events of the past couple of years"
https://www.thegamer.com/raphael-colantonio-shocked-arkane-austin-closure-microsoft/
Bigger Bubble
https://www.dbreunig.com/2024/08/12/how-to-inflate-ai-valudations.html
Was the Microsoft Azure outage linked to recent layoffs?
https://www.digitaljournal.com/tech-science/was-the-microsoft-azure-outage-linked-to-recent-layoffs/article
Product-related R&D jobs surge at Microsoft as operations roles decline, new numbers show
The number of product-related research and development roles at Microsoft increased more than 12% to 81,000 positions as of June 30, from 72,000 the year before, even as the company continued to make periodic... — read more
More Microsoft shutdowns
https://phandroid.com/2024/08/12/microsofts-paint-3d-might-be-shutting-down-soon/
More layoffs expected soon at Microsoft
https://ktrh.iheart.com/featured/houston-texas-news/content/2024-08-09-large-corporations-expect-to-make-more-layoffs-in-the-coming-months/
"... Microsoft, among the top companies who announced workforce reductions"
https://www.indiatoday.in/technology/news/story/more-than-130000-it-employees-have-lost-their-job-so-far-in-2024-as-tech-layoffs-continue-2580912-2024-08-12
Just shows that Microsoft's layoffs are flippant, panic-based (Xbox sales down 42% in latest quarter)
https://www.windowscentral.com/gaming/xbox/former-xbox-studio-tango-gameworks-and-hi-fi-rush-has-been-acquired-by-pubgs-krafton-inc-saving-it-from-closure
Spin wherein Microsoft is hiring where in reality it does mass layoffs every month this year
https://evrimagaci.org/tpg/ai-talent-war-salaries-surge-amid-layoffs-11361
DOD contract
https://www.msn.com/en-us/money/companies/palantir-soars-on-deal-with-microsoft-to-sell-ai-tools-to-us-defense-and-intelligence-agencies/
Latest media spin: Microsoft layoffs are a "blessing"
About 7 Indian news sites in English cover the same thing, calling a sacking "blessing" to be thankful for. Nice spin!
"Sign of the AI Bubble"
https://futurism.com/the-byte/tech-stocks-ai
"Microsoft: Although the company has made no official announcements, it is reported to have reduced its workforce by approximately 1,000"
https://lacartita.com/the-controversial-wave-of-layoffs-and-its-impact-on-the-economy/
Windows OEMs when Windows does not sell well
Quite the amputation https://www.wsws.org/en/articles/2024/08/07/mpuu-a07.html
Microsoft 98 billion dollars in debt
https://finbox.com/NASDAQGS:MSFT/explorer/total_debt/ about 75 left in the bank
"AI" IS a bubble
"Nvidia shares tumbled more than 10 percent in early trading on Monday after reports that the company would delay shipments of its newest artificial intelligence chip, but the stock later rebounded as investors’ concerns about the costs of the delay... — read more
Switch to Microsoft from Boeing
I've been with Boeing for over 10+ years and am now considering transitioning to Microsoft, specifically in a Project Management role. I hold a degree in business. Do you enjoy working at Microsoft? Could you share what your day-to-day experience is... — read more
Microsoft led July layoffs
https://economictimes.indiatimes.com/tech/technology/return-of-pink-slips-intel-microsoft-tinder-parent-match-hit-by-layoffs/articleshow/112287285.cms
Some Of Microsoft’s Legion Of Contract Workers Also Face Layoffs
https://sg.finance.yahoo.com/news/microsoft-legion-contract-workers-face-005838749.html
not viable
https://www.tomshardware.com/tech-industry/artificial-intelligence/firm-says-nvidias-skyrocketing-ai-valuation-are-in-a-bubble-and-overhyped
Intel shows that when companies are overvalued they can "correct" their value in a few hours (30% or more down)
The only question now is, who's next? https://siliconangle.com/2024/08/02/wait-will-generative-ai-really-pay-off-inquiring-investors-want-know/ https://www.nytimes.com/2024/08/02/technology/tech-companies-ai-spending.html
Microsoft owes (in debt) about 23 billion dollars more than it has available
http://techrights.org/n/2024/08/03/Microsoft_s_Cash_in_Hand_Fell_23_37_in_the_Past_12_Months_or_a_.shtml
'No warning, no explanation': Former Microsoft India employee talks about his layoff experience
https://www.businessinsider.in/tech/news/no-warning-no-explanation-former-microsoft-india-employee-talks-about-his-layoff-experience/articleshow/112224206.cms
"Microsoft Is Losing a Staggering Amount of Money on AI"
https://futurism.com/the-byte/microsoft-losing-money-ai
Microsoft layoffs again
https://www.playstationlifestyle.net/2024/07/31/bungie-layoffs-200-jobs-destiny-2/
"revenue from gaming hardware fell again, this time by 42 percent"
https://www.eurogamer.net/xbox-console-sales-decline-continues
"Disappointing quarterly results from Microsoft melted $340 billion of stock market value on Tuesday"
https://www.thehindu.com/sci-tech/technology/microsoft-sinks-chipmakers-climb-as-ai-rally-faces-divide/article68467331.ece
Another Outage Hits Microsoft
https://www.goodreturns.in/news/another-outage-hits-microsoft-few-days-after-crowdstrike-crash-365-services-face-issues-1360885.html
Microsoft's Shares Fell 8%
https://finance.yahoo.com/news/microsoft-stock-drops-over-6-after-results-fall-short-in-latest-ai-disappointment-201321390.html
"7% drop in its stock value after-hours trading."
https://elblog.pl/2024/07/31/microsoft-faces-challenges-in-ai-revenue-growth/
Major Layoffs In July: Microsoft
https://news.abplive.com/business/major-layoffs-in-july-tech-microsoft-ukg-unacademy-dyson-and-more-1706849
Microsoft’s DEI Layoffs: Are We Being Gaslit? – Techish Podcast
https://peopleofcolorintech.com/media/techish/microsofts-dei-layoffs-are-we-being-gaslit-techish-podcast/
Microsoft admits 8.5 million CrowdStruck machines estimate was lowballed
https://www.theregister.com/2024/07/29/microsoft_crowdstrike_incident_report/
"Double Fine was also obviously acquired by Microsoft in 2019... Since Psychonauts 2, the developer hasn't released or announced any other games
"That puts it in a questionable spot, especially considering the layoffs at Microsoft earlier this year, and the closure of studios like Tango Gameworks and Arkane... — read more
"The creation of the two unions in Microsoft’s gaming empire is momentous news, and the timing seems just right."
https://telanganatoday.com/game-on-understanding-why-game-makers-at-blizzard-and-bethesda-are-forming-unions
Mass layoffs at Microsoft causing unions to form (whether it likes it or not)
https://www.globalvillagespace.com/tech/the-rise-of-game-industry-unions-and-what-to-play-this-week/ https://venturebeat.com/games/from-unions-to-strikes-this-has-been-a-busy-week-kaser-focus/ both articles new and Microsoft focused. It actually does... — read more