The FTC lost an appeal on May 7 seeking to reverse a judge’s decision declining to block the deal, which closed in 2023.
Read More FTC drops case over Microsoft’s $69-billion Activision Blizzard deal
Tag: microsoft
Google to unveil AI upgrades at I/O conference amid search challenges
Google kicks off its annual developer conference with a flurry of announcements showcasing its huge investment in AI.
Read More Google to unveil AI upgrades at I/O conference amid search challenges
Microsoft to lay off around 3% of workforce in organization-wide cuts
Microsoft said it was laying off around 6,000 employees as they look to rein in costs while funneling billions of dollars into its ambitious bet on AI.
Read More Microsoft to lay off around 3% of workforce in organization-wide cuts
Report: Microsoft To Lay Off 3% Of Workforce, Affecting Thousands
Microsoft has announced that the U.S. multinational corporation and technology conglomerate will soon be laying off nearly 3% of its global workforce — affecting around 7,000 employees.
Read More Report: Microsoft To Lay Off 3% Of Workforce, Affecting Thousands
Google lays off hundreds of employees in Android, Pixel teams, The Information reports
The cuts in the division follow Google’s January buyout offers to employees in the unit.
Read More Google lays off hundreds of employees in Android, Pixel teams, The Information reports
Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal
U.S. stocks jumped significantly on Wednesday after President Donald Trump announced a 90-day delay in tariffs for countries that hadn’t imposed reciprocal tariffs.
Read More Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal