Tag: NASDAQ: MSFT (Microsoft Corp)

  • OpenAI Employees Demand Board Reshuffle

    OpenAI Employees Demand Board Reshuffle

    OpenAI, the AI research powerhouse, faces unprecedented internal upheaval. Over 730 employees, nearly 95% of the staff, have signed a letter demanding the board’s resignation and the reinstatement of ousted CEO Sam Altman and co-founder Greg Brockman. This revolt follows Altman’s controversial dismissal for alleged communication issues with the board, including OpenAI’s chief scientist, Ilya…

  • Tech Shake-Up: Microsoft Welcomes Sam Altman and Greg Brockman

    Tech Shake-Up: Microsoft Welcomes Sam Altman and Greg Brockman

    In a stunning twist in the tech world, Microsoft has announced the hiring of former OpenAI CEO Sam Altman and co-founder Greg Brockman. This move comes shortly after Altman was dismissed from OpenAI, with the board citing a lack of confidence in his leadership. Microsoft CEO Satya Nadella broke the news, signaling a significant step…

  • LinkedIn lays off 668 workers

    LinkedIn announced it’s laying off 668 workers, roughly 4% of its workforce, across multiple departments including engineering, product, talent, and finance. This comes after a substantial growth period during the pandemic, when approximately 40% of LinkedIn’s nearly 20,000 employees were hired. The downsizing signals a new chapter for the tech industry, which seems to be…

  • Microsoft Acquires Activision Blizzard

    Microsoft’s acquisition of Activision Blizzard is one of the most monumental deals in gaming history. With a portfolio now encompassing Call of Duty, Fallout, Overwatch, and Candy Crush, Microsoft solidifies its position as a gaming powerhouse, trailing only Tencent and Sony in terms of revenue. The acquisition is more than just buying game titles; it’s…

  • Microsoft CEO Highlights the Challenges of Competing in the Search Engine Market

    In a federal court this week, Microsoft CEO Satya Nadella took the stand in the ongoing antitrust trial against Google, painting a bleak picture for any company aspiring to compete in the search engine market. Nadella described the internet as “really the Google web,” emphasizing how Google’s pervasive market share forces publishers and advertisers to…