Microsoft

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Apple Hits $4T Milestone
Apple Briefly
Joins the $4T Club
UPDATED

Apple Briefly Joins the $4T Club

Microsoft rejoins the club after OpenAI deal

(Newser) - Apple became the third company to officially join the $4 trillion club on Tuesday, with its market capitalization crossing the milestone during trading Tuesday afternoon. It later dropped slightly, closing with a value of $3.99 trillion. Microsoft, which first hit the $4 trillion mark in July, rejoined the club...

OpenAI Says For-Profit Restructuring Is Complete

Microsoft retains big stake in public benefit corporation

(Newser) - OpenAI, the company behind ChatGPT, has completed its reorganization as a for-profit business in a move that could open the door to billions in new funding. The company said Tuesday that it has turned itself into a public benefit corporation, a for-profit structure that pledges to balance profit with social...

Gates Reveals 'Strategic Pivot' on Climate Change

Memo from Microsoft co-founder urges less alarmism, more help for developing nations

(Newser) - Bill Gates, long known for warning about the dangers of climate change, is now urging a shift away from what he calls "doomsday" rhetoric, arguing that while climate change is serious, it won't spell the end of humanity. "People will be able to live and thrive in...

Remember 'Clippy'? Meet Microsoft's New Virtual Pal

Meet Mico, a character that will serve as the avatar for the company's Copilot AI companion

(Newser) - Clippy, the animated paper clip that annoyed Microsoft Office users nearly three decades ago, might have just been ahead of its time. On Thursday, Microsoft introduced a new artificial intelligence character called Mico (pronounced MEE'koh), a floating cartoon face shaped like a blob or flame that will embody the...

Voracious AI Data Centers Met With Backlash Around the Globe

Communities blame power outages, water shortages on tech giants' facilities

(Newser) - As the race to build artificial intelligence accelerates, data centers are springing up worldwide, sparking backlash from Ireland to Mexico over blackouts, water shortages, and secrecy, the New York Times reports. More than half the world's 1,244 largest data centers now operate outside the United States, with hundreds...

Deal Values OpenAI at a Sky-High $500B

It's now the world's most valuable private company

(Newser) - OpenAI, the company behind ChatGPT, has surged to a $500 billion valuation, outpacing SpaceX and making it the world's most valuable startup. Bloomberg reports that in OpenAI's latest deal, current and former employees sold roughly $6.6 billion worth of their shares at that valuation to an...

Push to Get Workers Back in the Office Is Meeting Resistance

Mandates rise at places like Microsoft, Paramount, but office attendance remains stubbornly low

(Newser) - Many large companies are tightening their return-to-the-office policies, but workers aren't exactly flooding back to their desks. Names like Microsoft, Paramount, and NBCUniversal are ramping up in-person requirements, with some, such as Paramount, telling employees to return full time or consider a buyout. The New York Times and...

To Fight Climate Change, Google Is Burying Cow Poop

Tech giant backs Kansas startup Vaulted Deep, which is burying tons of waste to cut emissions

(Newser) - Google is shelling out for cow manure, but maybe not in the way you'd expect. The tech giant just inked a deal with Kansas-based startup Vaulted Deep to buy 50,000 tons of carbon removal over the next five years, by way of injecting animal waste and sewage...

Nvidia Makes Massive Investment in OpenAI

They plan to build a 'superbrain'

(Newser) - Nvidia is making a $100 billion investment in OpenAI, teaming up with the company behind ChatGPT to build data centers on a scale that rivals the world's largest power plants. The deal, announced Monday, will see Nvidia provide OpenAI with at least 10 gigawatts of computing systems for...

White House Answers $100K H-1B Visa Confusion

Companies warn H-1B holders against travel

(Newser) - A surprise $100,000 fee on new H-1B visa applications has tech giants and foreign governments scrambling to protect their workforces and respond to an unprecedented shakeup in the US skilled immigration system. The decision prompted immediate reactions from major technology and finance companies, which rely heavily on the...

Microsoft Curtails Workers' Ability to Work From Home

HR chief says in-person work 'energizes teams'

(Newser) - Microsoft is ending its pandemic-era remote working policy, requiring employees near its Seattle-area headquarters to return to the office at least three days a week. In a memo sent Tuesday, HR chief Amy Coleman said the company is convinced that in-person work "energizes" teams and delivers better results—...

Microsoft Workers Arrested for Protesting Israel Ties

They were part of a group staging a sit-in at Microsoft President Brad Smith's office

(Newser) - Police arrested seven people Tuesday after they occupied the office of Microsoft President Brad Smith as part of continued protests over the company's ties to the Israel Defense Forces, organizers said. Current and former Microsoft employees were among those arrested, said the protest group No Azure for Apartheid, per...

Elon Musk Wants to Rival Microsoft With 'Macrohard'

He aims to build all-AI software solutions with xAI's Grok

(Newser) - Elon Musk is adding another venture to his already crowded portfolio. On Friday, the xAI CEO announced plans for a new company he's calling "Macrohard"—a name Musk described as tongue in cheek but attached to a most serious project. The aim: to create a company...

Report: Palestinians' Calls Secretly Held in Microsoft Cloud

Israel's Unit 8200 allegedly holds millions of such calls on Azure servers

(Newser) - Microsoft's cloud technology is helping to facilitate an unprecedented Israeli surveillance system, according to a joint investigation by the Guardian , +972 Magazine, and Local Call. They report that in late 2021, Microsoft CEO Satya Nadella met with the head of Israel's Unit 8200, the country's elite...

Bidding Wars for AI's Top Talent Would Make an NBA Star Blush

Tech giants battle for top minds with record-breaking deals

(Newser) - The bidding war for artificial intelligence talent is looking less like a job market and more like NBA free agency, minus the salary cap. Take 24-year-old Matt Deitke, per the New York Times : Meta dangled an initial offer of $125 million in cash and stock to recruit him from...

The World Now Has Two $4 Trillion Companies

Microsoft crosses the threshold to join Nvidia

(Newser) - Nvidia got there first , but Microsoft on Thursday became the second company to reach the $4 trillion threshold. The company hit the milestone after its fourth-quarter earnings report pleased investors, reports the Wall Street Journal . Shares were up more than 5%, which pushed the company's market cap above the...

Find Out How AI-Proof Your Job Really Is
The Most, Least AI-Proof Jobs

The Most, Least AI-Proof Jobs

Microsoft pulls out the ones that are most, least likely to be overtaken by artificial intelligence

(Newser) - How likely is it that a bot will soon replace you at work? That depends on what you do for a living, as Microsoft found in its most recent research measuring which jobs are most and least vulnerable to being replaced by artificial intelligence, reports Axios . In its study titled...

Microsoft SharePoint Hack Hit US Agencies

Chinese hackers exploit vulnerability in older versions hosted by customers

(Newser) - Numerous organizations and some government agencies around the globe have been compromised in recent days as hackers exploit a vulnerability in older versions of Microsoft's file-sharing tool SharePoint. The vulnerability was discovered in versions of the software hosted by the customers themselves, as opposed to Microsoft's cloud, early...

Microsoft Is Paying to Send Poop Deep Underground

Carbon capture project is injecting 'bioslurry' into rocks

(Newser) - With AI data centers' need for vast amounts of power threatening its commitment to be carbon negative by 2030, Microsoft has turned to innovative carbon removal strategies—including one that involves sending human waste deep underground. The company has signed a 12-year contract with Vaulted Deep, a company that grinds...

Nvidia Beats Apple, Microsoft to the $4T Mark

AI chipmaker is the first to hit that market cap

(Newser) - Nvidia has become the the first publicly traded company to reach a $4 trillion market value, leaping past Apple and Microsoft as its AI-powered chips fuel a new era of tech growth. CNN reports the company's stock jumped 2.5% on Wednesday, and in doing so pushed it...

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