Microsoft

Chief executive officer Asha Sharma wrote in a note to staff on Monday morning that Xbox is operating at margins three to 10 times lower than comparable businesses.

Microsoft’s Xbox to cut 3,200 jobs, divest five studios in major overhaul

[NEW YORK] Microsoft Corp’s Xbox plans to eliminate 3,200 jobs, or around 20 per cent of its staff over the next year, as part of a massive reorganisation to spur growth in the struggling gaming divis...

Software vendors usually leave such work to consulting firms, but many have found that businesses need additional help deploying cutting-edge tools.

Companies & Markets

Microsoft mobilises 6,000 workers to help customers adopt AI

The division will help customers deploy AI more efficiently and inform Microsoft’s product development decisions

Other members of the consortium include Tata Communications, Singapore’s Asean Cableship and Japan’s NEC Corporation.

Companies & Markets

Microsoft, Singapore’s Lightstorm, Singtel join consortium to build India-South-east Asia undersea cable

The network will span 3,600 km and have landing stations in Machilipatnam in Andhra Pradesh, where Meta and Alphabet have announced data centres

The Windows maker is also considering options for its Xbox gaming unit.

Global Enterprise

Microsoft to reportedly cut under 2.5% of workforce in latest layoffs

Roles affected include those across sales and consulting, as well as jobs at the Xbox gaming division

Microsoft forecast US$190 billion in capital expenditures through the end of December, more than Wall Street was expecting.

Telcos, Media & Tech

Microsoft’s US$570 billion rout sets up its worst month since 2000

The selloff has left Microsoft valued at the cheapest in a decade

Meta added US$79 billion in new data centre commitments, bringing the total to US$182.9 billion as of March 31.

Telcos, Media & Tech

Meta, Microsoft lead US$850 billion boom in data centre leases

Mark Zuckerberg has said his company will spend hundreds of billions of dollars on AI infrastructure by the end of the decade

To sell products in China, Microsoft must partner with local providers.

Telcos, Media & Tech

Microsoft makes big AI inroads in China by selling OpenAI models

The company operates multiple data centre regions in the country, near Beijing and Shanghai

Microsoft CEO Satya Nadella has been steering the business, one of the largest public companies in the world, through a fierce AI race.

International

‘Everyone is a stakeholder’ in AI, Microsoft CEO says

He acknowledges that job displacement can occur as a result of the technoloy

This will be the first sweeping change under Asha Sharma, who became CEO of Xbox in February.

Telcos, Media & Tech

Microsoft’s Xbox plans significant layoffs as it transforms under new CEO

The layoffs are expected shortly after the close of the company’s fiscal year on Jun 30, according to sources

Microsoft’s approach to quantum computing relies on quasiparticles known as Majoranas, which had not been proven to exist until Microsoft claimed to have observed them.

Telcos, Media & Tech

Microsoft reveals new quantum chip made with AI, says it will have systems by 2029

The new target date puts the company on track to have quantum computers the same year as rival IBM

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