The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers.
Read More Microsoft to cut about 4% of jobs amid hefty AI bets
Tag: Bloomberg News
S&P 500, Nasdaq near record highs as rate-cut bets creep up
Traders now price in a nearly 25% chance of the Fed cutting rates in July, compared with 12.5% last week, according to CME Group’s FedWatch tool.
Read More S&P 500, Nasdaq near record highs as rate-cut bets creep up
Ford struggles with supply of rare earth magnets, CEO tells Bloomberg News
By Reuters June 13, 2025 – 7:41 AM PDT (Reuters) – Ford Motor Co (F.N) is struggling with supplies of rare earth…
Read More Ford struggles with supply of rare earth magnets, CEO tells Bloomberg News
Apple plans smart glasses launch in 2026, Bloomberg News reports
Apple plans to release smart glasses at the end of next year in the iPhone maker’s latest push to diversify its product lineup and boost demand for its AI devices.
Read More Apple plans smart glasses launch in 2026, Bloomberg News reports
NBA and European football teams in talks to back new basketball league
The NBA is in discussions with some of Europe’s top football clubs for what could potentially be a significant international expansion effort by a U.S. sports league.
Read More NBA and European football teams in talks to back new basketball league
Apple’s artificial intelligence features to be delayed, Bloomberg News reports
Apple’s upcoming AI features will arrive later than anticipated and will miss the initial launch of upcoming iPhone and iPad software overhauls.
Read More Apple’s artificial intelligence features to be delayed, Bloomberg News reports