Category: Microsoft
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The big winner if OpenAI becomes a for-profit business? Microsoft.
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OpenAI is considering transitioning from a nonprofit to a for-profit company, and Microsoft (MSFT), its donor, will have a lot to gain if a ChatGPT developer gets the green light to operate as a startup. “Anything that frees OpenAI to focus on profit is likely to benefit Microsoft’s investment in…
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OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia By Reuters
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By Crystal Ho (Reuters) – OpenAI announced on Wednesday that it has raised $6.6 billion from investors at a post-cash valuation of $157 billion, cementing the ChatGPT maker’s position as one of the world’s most valuable private companies. The funding has attracted returning venture capital investors including Thrive Capital and…
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Microsoft deal propels Three Mile Island restart, with key permits still needed By Reuters
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(Resubmitted to correct typo in the word “companies” in the third paragraph) (Reuters) – Constellation Energy Inc and Microsoft Corp said on Friday they have signed an energy deal to help restart a unit of the Three Mile Island nuclear plant in Pennsylvania in what would be the first-ever restart…
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Microsoft deal propels Three Mile Island restart, with key permits still needed By Reuters
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(Resubmitted to correct typo in the word “companies” in the third paragraph) (Reuters) – Constellation Energy Inc and Microsoft Corp said on Friday they have signed an energy deal to help restart a unit of the Three Mile Island nuclear plant in Pennsylvania in what would be the first-ever restart…
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Microsoft Announces $60 Billion Buyback, Raises Dividend 10%
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(Bloomberg) — Microsoft Corp. unveiled a new $60 billion share buyback program, matching its largest buyback authorization ever, and raised its quarterly dividend by 10%. Most Read from Bloomberg The software company said shareholders will receive a quarterly dividend of 83 cents per share starting Nov. 21, compared with 75…
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Microsoft 365 down for thousands of users, Downdetector shows By Reuters
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(Reuters) – Microsoft Corp’s productivity software suite stopped working for more than 16,000 users on Thursday, outage tracking website DownDetector.com said. This comes nearly two months after a flawed software update from cybersecurity services company CrowdStrike (NASDAQ: ) affected nearly 8.5 million Windows devices, crippling operations across industries ranging from…
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Nvidia testing/breaking its 100 day moving average. Microsoft also testing a key MA level
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Nvidia stock is currently trading down $9.02 or -7.56% at $110.37. This is right at its 100-day moving average of $110.36. The low of $109.40 is below this moving average. Bearish The current decline is on track for its worst trading day since April 19, 2024, when the price fell…
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Iranians are creating fake news websites and impersonating activists to create chaos in the U.S., Microsoft found
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Iran Online activity is accelerating which appears to be aimed at influencing US electionsMicrosoft said Friday that in one case it targeted a presidential campaign with an email phishing attack. Iranian actors have also spent recent months creating fake news sites and impersonating activists, paving the way for further division.…
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What will happen to Microsoft after Google antitrust ruling?
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The court’s ruling that Google is a “monopoly” could have ripple effects throughout the tech industry. A recent analyst note from WedBush Securities lays out a few possible scenarios. Some are more likely than others, and not all are favorable to Google — though some could be. Options on the…
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UJA-Federation NY, Microsoft Israel help Majdal Shams
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The New York Jewish Community Federation donated funds to two hospitals in Nazareth and to the local council in Majdal Shams. The New York Jewish Community Federation has donated NIS 6 million to St. Vincent de Paul Hospital (French Hospital) and EMS Nazareth Hospital (English Hospital) in Nazareth, to establish…
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AirAsia’s Tony Fernandes wants Microsoft compensation for CrowdStrike outage
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On Friday, a flawed update from US cybersecurity firm CrowdStrike caused Windows computers around the world to crash, displaying the dreaded “blue screen of death.” The outage hit global airlines particularly hard, disrupting thousands of flights as staff scrambled to get systems up and running again. Some airlines, such as…
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Microsoft Outage Draws Criticism From Crypto Community, Is Shiba Inu The Answer?
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The team behind Shiba Inu Microsoft recently experienced the largest IT outage in history on Friday, July 19. Businesses around the world were struggling with the shutdown due to a Microsoft shutdown that was caused by a glitch. The outage occurred through CrowdStrike, a cybersecurity platform that encountered an issue…
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Microsoft stock falls as outage grounds flights, Azure services impacted By Investing.com
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Microsoft (NASDAQ:) experienced an outage of Azure and Office365 services that grounded flights by at least two low-cost airlines in the United States late Thursday, with services still suspended through Friday morning. Microsoft shares fell 1.8% in premarket trading on Friday. Frontier Airlines said its systems were gradually returning to…
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Microsoft and Apple abandon OpenAI board seats amid regulatory scrutiny
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Microsoft and Apple have withdrawn from their observer seats on OpenAI’s board of directors in response to global regulatory concerns about the relationships between big tech companies and influential AI startups. Microsoft, which has invested $13 billion in OpenAI, has informed the ChatGPT maker that it is resigning “effective immediately”…
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Microsoft to relinquish its observer seat on OpenAI board
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Microsoft (NASDAQ:) has announced that it will give up its observer seat on OpenAI’s board of directors amid growing regulatory scrutiny of generative artificial intelligence in Europe and the United States, according to CNBC. Keith Dolliver, Microsoft’s deputy general counsel, wrote to OpenAI on Tuesday, explaining that while the observer…
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Microsoft to pay $14.4M to resolve leave discrimination claims in California (NASDAQ:MSFT)
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The California Department of Civil Rights has reached a $14.4 million settlement with Microsoft (NASDAQ:MSFT) to resolve allegations of discrimination in compensation related to the use of leave protected under state and federal civil rights laws, the agency said Wednesday. In a complaint filed By the agency against Microsoft (Microsoft),…
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Microsoft to pay $14.4M to resolve leave discrimination claims in California (NASDAQ:MSFT)
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The California Department of Civil Rights has reached a $14.4 million settlement with Microsoft (NASDAQ:MSFT) to resolve allegations of discrimination in compensation related to the use of leave protected under state and federal civil rights laws, the agency said Wednesday. In a complaint filed By the agency against Microsoft (Microsoft),…