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In July 2024 alone, the tech industry experienced significant layoffs, affecting over 8,000 professionals across 34 companies

Tech Tremors: 125,000 Jobs Lost as Industry Giants Tighten Belts | Microsoft, Intel, Tesla

In July 2024 alone, the tech industry experienced significant layoffs, affecting over 8,000 professionals across 34 companies

1 lakh 25 thousand jobs lost!Most of you won't be shocked to hear that. In July 2024 alone, the tech industry experienced significant layoffs, affecting over 8,000 professionals across 34 companies. This has taken the tally of layoffs for the year to a staggering one lakh twenty-five thousand, spread across 384 companies worldwide. Major firms like Intel, Microsoft, and UKG have announced job cuts, citing financial challenges and strategic shifts. Let's take a closer look at the companies that have laid off employees. Intel tops the list, set to lay off over 15,000 employees&mdash;more than 15% of its total workforce&mdash;as part of a 10-billion-dollar cost-reduction strategy aimed at 2025. CEO Pat Gelsinger attributes these cuts to disappointing revenue growth and difficulties in leveraging AI trends effectively. Microsoft reduced its workforce by around 1,000 employees in the mixed reality and Azure 'moonshots' divisions in June. UKG, a Massachusetts-based software firm, has announced significant job cuts this month, reducing its workforce by 14%&mdash;about 2,200 employees.&nbsp; In June, Tesla CEO Elon Musk expressed a "super bad feeling" about the economy and announced that Tesla needed to reduce its staff by about 10%. Since then, over 20 individuals identifying themselves as Tesla employees have reported being laid off or having their positions terminated.&nbsp; Intuit, a California-based financial management software company, plans to cut 1,800 positions, roughly 10% of its workforce. This represents the second-largest reduction in the tech industry for July.&nbsp; Dyson, the UK-based appliance maker, will reduce its workforce by around 1,000 positions in the UK, impacting over 25% of its domestic staff. CEO Hanno Kirner cited intense competition and swift technological advancements as reasons for the decision. Russian cybersecurity firm Kaspersky will cease operations in the US and terminate employees due to a US government prohibition on its software. Effective July 20, 2024, the ban, attributed to security concerns related to the company's Russian base, will lead Kaspersky to wind down its activities, impacting fewer than 50 employees in the region. In India, microblogging platform Koo has ceased operations following the collapse of acquisition negotiations with Dailyhunt. As of September 2021, the company had around 200 employees. Indian edtech leader Unacademy has also decided to lay off about 250 employees. This restructuring will impact 100 employees in marketing, business, and product roles, and 150 in sales positions. Chennai-based agritech company WayCool has also laid off more than 200 employees, marking its third round of layoffs in a year. Additionally, Bengaluru-based audio series platform PocketFM, Sony-owned game development studio Bungie, and indie game publisher Humble Games have announced layoffs. As layoffs continue to impact the tech industry, it's crucial to take proactive steps to safeguard your career. Experts advise focusing on continuous upskilling in emerging technologies like AI and cybersecurity and obtaining relevant certifications. Showcase your value by documenting accomplishments and keeping your LinkedIn profile updated. Develop essential soft skills, including communication and leadership, and network both internally and externally. Build a strong personal brand and actively manage your career development by setting goals and seeking mentorship.

On Thursday, 19th of July, users across the globe experienced significant disruptions due to a failure in Microsoft services, due to Azure and Microsoft 365. Users experienced the Blue Screen of Death error, causing the system to suddenly shut down or restart.

Microsoft Outage Explained: Here's what was impacted

On Thursday, 19th of July, users across the globe experienced significant disruptions due to a failure in Microsoft services, due to Azure and Microsoft 365. Users experienced the Blue Screen of Death error, causing the system to suddenly shut down or restart.

In this video we're diving into a major global outage that hit Microsoft, affecting various industries worldwide. &nbsp; On Thursday, 19th of July, users across the globe experienced significant disruptions due to a failure in Microsoft services, including Azure and Microsoft 365. Users experienced what's called as the Blue Screen of Death error, which is causing the system to suddenly shut down or restart. Microsoft confirmed that its services are suffering a global outage across the US, Australia, India among other countries. &nbsp; This outage had a ripple effect, impacting flight services, media companies, and even stock exchanges. &nbsp; In the US, the first issues were reported, causing Denver-based Frontier Airlines to ground its flights for over two hours, attributing the problems to Microsoft's online services. &nbsp; Indian airlines like Akasa Air and SpiceJet also faced challenges. SpiceJet took to Twitter to inform passengers about the technical issues affecting their flight updates. IndiGo, the airline with the largest market share in India, reported longer wait times and slower check-ins due to the Azure issues &nbsp; The outage hit the London Stock Exchange's RNS news service, though other operations continued as usual. &nbsp; The media wasn't spared either. Sky News in the U.K went off-air, and in Alaska, emergency helplines like 911 faced operational issues. &nbsp; Meanwhile, in India - the Stock exchanges BSE and NSE have confirmed that there is no impact from the global outage linked to Microsoft's technical issues. &nbsp; Microsoft, in a statement, said it was taking "mitigation actions" after service issues and that they remain committed in treating this event with the highest priority and urgency.

Reports of IT outages are coming in from around the world. Millions of users of Microsoft are experiencing the Blue Screen of Death (BSOD) error.

 Massive IT outage hits planes, media and banks across the globe

Reports of IT outages are coming in from around the world. Millions of users of Microsoft are experiencing the Blue Screen of Death (BSOD) error.

Numerous users of Windows across the world are experiencing the Blue Screen of Death (BSOD) error which is causing the system to suddenly shut down or restart.&nbsp;
According to Microsoft, the error is being caused due to a recent Crowdstrike update. The global company said its outage started with a subset of its customers experiencing issues with multiple Azure services in the Central US region.&nbsp;
Several airlines across the globe issued advisory stating they are experiencing technical challenges amid the ongoing outage.&nbsp;
Microsoft said that they are investigating an issue impacting users ability to access various Microsoft 365 apps and services.
Also watch: <a href="https://www.editorji.com/business-news/microsoft-announces-new-round-of-layoffs-across-various-teams-and-locations-1720158115905">Microsoft announces new round of layoffs across various teams and locations</a>

Microsoft Layoffs 2024: Microsoft has confirmed new layoffs affecting various teams, including Product and Program Management. The company previously cut jobs in its gaming division and Azure cloud unit. 

Microsoft Layoffs 2024: Microsoft announces new round of layoffs across various teams and locations

Microsoft has confirmed new layoffs affecting various teams, including Product and Program Management. The company previously cut jobs in its gaming division and Azure cloud unit. 

Microsoft announces new round of layoffs across various teams and locations

<h2>Microsoft has confirmed new layoffs affecting various teams, including Product and Program Management. The company previously cut jobs in its gaming division and Azure cloud unit.&nbsp;</h2>

Tech giant Microsoft has confirmed another round of layoffs this week, reported Geekwire. As per the report, the layoffs will impact various teams and locations across the company. Meanwhile, Microsoft has not disclosed the number of employees that have been impacted in the latest round of job cuts.
<h3>Microsoft Layoffs 2024</h3>
As per GeekWire that quoted a LinkedIn post, the job cuts have been in Product and program management functions. A Microsoft spokesperson confirmed the layoffs to GeekWire.
&ldquo;Organisational and workforce adjustments are a necessary and regular part of managing our business,&rdquo; a spokesperson said in a statement. &ldquo;We will continue to prioritise and invest in strategic growth areas for our future and in support of our customers and partners.&rdquo;
At the beginning of the year, Microsoft cut almost 2,000 jobs in its gaming division. Last month, another round of layoffs impacted roughly 1,000 positions, including roles within the Azure cloud unit and the HoloLens mixed-reality team. In the last 18 months, Microsoft has laid off thousands of employees.&nbsp;
Microsoft's fiscal year ends on June 30 and restructuring efforts during this period are not unusual for the tech giant. The organisation went through restructuring even in 2023.&nbsp;
Also watch: <a href="https://www.editorji.com/business-news/tech-layoffs-2024-microsoft-to-reportedly-cut-1-500-jobs-1717568470055">Tech layoffs 2024: Microsoft to reportedly cut 1,500 jobs</a>

Microsoft has just unveiled Team Copilot at Build 2024, which kicked off on 21st May. Additionally, they also unveiled Azure Cobalt 100, their first in-house CPU. Here are all the details. 

Microsoft unveils AI-powered Team Copilot and Azure Cobalt 100 at Build 2024, Musk criticizes new feature

<h2>Microsoft has just unveiled Team Copilot at Build 2024, which kicked off on 21st May. Additionally, they also unveiled Azure Cobalt 100, their first in-house CPU. Here are all the details.&nbsp;</h2>

Microsoft introduced significant updates at Build 2024 Day 1, its annual developer conference, held on 21st May. Here are all the latest announcements from Microsoft, including the new Team Copilot, updates on the Azure Cobalt 100 processor, and the Recall feature for Windows 11.&nbsp;
<h3>Team Copilot&nbsp;</h3>
Microsoft unveiled Team Copilot, a new AI-powered assistant designed to improve group collaboration. Team Copilot can take notes, summarize key points, and track deadlines during meetings. This tool is expected to be available to corporate customers later this year. This launch is part of Microsoft's broader effort to integrate artificial intelligence into its products, following a $13 billion investment in OpenAI, the creators of ChatGPT.&nbsp;
<h3>Azure Cobalt 100: Microsoft's First In-House Processor&nbsp;</h3>
Microsoft provided updates on its processor development, introducing the Azure Cobalt 100. This is Microsoft's first internally developed central processing unit (CPU), available in preview for Azure cloud-computing service users. &nbsp;
While not designed for advanced AI tasks, the Azure Cobalt 100 marks a significant step in Microsoft's strategy to compete with leading cloud computing providers like Amazon and Google. These companies also develop their own chips to offer specialized devices at lower costs than traditional manufacturers like Intel and AMD.&nbsp;
<h3>Microsoft Introduced Recall with Copilot+ PCs&nbsp;</h3>
In other news, Microsoft announced a new feature called Recall for Windows 11. Recall is an AI-powered tool that logs user activity, including apps used, websites visited, and documents viewed. This feature, available on new Copilot+ PCs, takes constant screenshots of the user&rsquo;s screen, enabling an intelligent search capability. Users can search their activity history semantically, making it easier to find specific documents, images, or moments.&nbsp;
<h3>Elon Musk's Criticism and Audience Reactions&nbsp;</h3>
The announcement of Recall has sparked privacy concerns. Elon Musk criticized the feature, calling it a "Black Mirror episode" in a post on X, stating he would "definitely turn this 'feature' off." &nbsp;
Microsoft responded by emphasizing that Recall data is stored locally on the user&rsquo;s device and can be managed or deleted by the user at any time. Despite these assurances, many users expressed concerns over privacy, questioning the implications of constant monitoring. One user commented, "Yeah, no thanks. Don't need to pay Microsoft a monthly fee to spy on me," while another noted, "Bro they can't even get searching via the start menu right and we're supposed to believe this s*** will just work."&nbsp;
<h3>Privacy and Control&nbsp;</h3>
Microsoft assured users that Recall offers privacy and control features, allowing them to delete individual snapshots or entire ranges of time. Users can also filter specific apps and websites from being saved. Microsoft emphasized that users are always in control of their data. "Your snapshots are yours; they stay locally on your PC," stated the official blog post.&nbsp;
Also watch: <a href="https://www.editorji.com/tech-news/mobiles/microsoft-unveils-copilot-pcs-with-ai-powered-surface-pro-surface-laptop-with-snapdragon-x-processors-1716303774351">Microsoft unveils Copilot+ PCs with AI-powered Surface Pro &amp; Surface Laptop with Snapdragon X processors</a>

Microsoft has just unveiled new Copillot+ PCs featuring the Surface Pro and Surface Laptops. These laptops come integrated with a range of AI features which are powered by the Snapdragon X Elite and Snapdragon X Plus processors. Here are all the deta

Microsoft unveils Copilot+ PCs with AI-powered Surface Pro & Surface Laptop with Snapdragon X processors 

Microsoft has just unveiled new Copillot+ PCs featuring the Surface Pro and Surface Laptops. These laptops come integrated with a range of AI features which are powered by the Snapdragon X Elite and Snapdragon X Plus processors. Here are all the details. 

<h2>Microsoft has just unveiled new Copillot+ PCs featuring the Surface Pro and Surface Laptops. These laptops come integrated with a range of AI features which are powered by the Snapdragon X Elite and Snapdragon X Plus processors. Here are all the details.&nbsp;</h2>

Microsoft just unveiled its latest Copilot+ PCs on May 21st, introducing new Surface Pro and Surface Laptop models. These new devices are designed to leverage advanced AI features and high-performance Qualcomm processors.&nbsp;
<h3>Features and Specs in Detail&nbsp;</h3>
The new Copilot+ PCs are powered by the Snapdragon X Elite and Snapdragon X Plus processors, featuring a Neural Processing Unit (NPU) capable of 40+ trillion operations per second. These processors enhance the performance and efficiency of AI workloads, making them highly suitable for productivity and creativity applications.&nbsp;
<ul>
<li>Surface Pro&nbsp;</li>
</ul>
The Surface Pro is available in both LCD and OLED options, providing users with flexibility in display preferences. It has a 13.8-inch PixelSense Flow display with a resolution of 2880 x 1920 pixels and a pixel density of 267 ppi, ensuring sharp and vibrant visuals. The device includes a Quad HD (1440p) front-facing Surface Studio Camera, 2W stereo speakers, and dual studio mics for clear audio and video quality during calls and recordings.&nbsp;
The Surface Pro offers storage options of 256GB, 512GB, and 1TB, paired with 16GB/32GB LPDDR5X RAM for smooth multitasking and performance. The device features two type-C ports, making it versatile for connectivity needs. With a full charge, the Surface Pro can deliver up to 14 hours of video playback, ensuring long-lasting usage without frequent recharging.&nbsp;
<ul>
<li>Surface Laptop&nbsp;</li>
</ul>
The Surface Laptop is available in two sizes: 13.8-inch and 15-inch. Both models feature PixelSense Flow displays with resolutions of 2304 x 1536p and 2496 x 1664p, respectively, and are protected by Corning Gorilla Glass 5 for durability. These laptops include Omnisonic Speakers tuned with Dolby Atmos systems, dual Studio Mics with voice focus, two USB v4.0 type-C ports, one USB-A (v3.1) port, and a 3.5mm audio jack.&nbsp;
The 15-inch model of the Surface Laptop offers up to 22 hours of video playback, while the 13.8-inch model can last up to 20 hours on a full charge, providing ample battery life for extended use. The laptop's enclosure is made with a minimum of 67.2 percent recycled content, including 100 percent recycled aluminum alloy and rare earth metals, emphasizing Microsoft's commitment to sustainability.&nbsp;
<h3>Innovative AI Features&nbsp;</h3>
Copilot+ PCs integrate several new AI-powered features to enhance productivity and creativity.&nbsp;
<ul>
<li>Recall Feature&nbsp;</li>
</ul>
The Recall feature allows users to access virtually any past activity on their PC, making it easier to find files, photos, or websites. This feature is designed to function like a photographic memory, organizing information based on relationships and associations unique to each user. The Recall feature requires a minimum of 50GB of storage space and ensures privacy by storing data locally on the device.&nbsp;
<ul>
<li>Cocreator Feature&nbsp;</li>
</ul>
The Cocreator feature in the Paint app enables users to generate digital artwork using text prompts. By combining ink strokes with text, users can create and refine images in near real-time. The Surface devices can produce photorealistic images with minimal effort, using powerful diffusion-based algorithms to optimize the quality of the output.&nbsp;
<ul>
<li>Live Captions&nbsp;</li>
</ul>
The Live Captions feature provides real-time transcriptions for video formats and virtual conference apps. This feature supports over 40 languages and can translate audio into English subtitles, making it a valuable tool for people with hearing disabilities and those working in multilingual environments.&nbsp;
<h3>Pricing and Availability&nbsp;</h3>
The new Copilot+ PCs from Microsoft Surface and OEM partners like Acer, ASUS, Dell, HP, Lenovo, and Samsung are available for pre-order now. The devices will be available starting June 18, with prices starting at $999.99. The availability in India has not been officially announced yet.&nbsp;
Also watch: <a href="https://www.editorji.com/tech-news/mobiles/infinix-gt-20-pro-first-impression-ultimate-gaming-phone-under-25000-check-price-key-specs-1716273420014">Infinix GT 20 Pro First Impression: Ultimate gaming phone under 25000? Check price &amp; key specs</a>

The results underscore Microsoft's strong position in the market, driven by innovative strategies and robust customer demand for its cloud and AI solutions

There will be a 'minimal' need for call centres due to AI revolution: TCS CEO K Krithivasan

The results underscore Microsoft's strong position in the market, driven by innovative strategies and robust customer demand for its cloud and AI solutions

Tata Consultancy Services CEO, K Krithivasan, foresees a transformative shift in the call center industry in India within a year, driven by advancements in Artificial Intelligence. In an interview with the Financial Times, Krithivasan highlighted the imminent disruption caused by the widespread adoption of generative AI among multinational clients.
Krithivasan emphasized the potential of chatbots equipped with generative AI to revolutionize traditional call centre operations. He envisaged these AI-powered chatbots analyzing customer transaction histories and adeptly handling tasks typically undertaken by human call centre agents. According to him, this technological evolution could lead to a minimal need for incoming call centers, as AI systems proactively address customer queries and concerns.
The repercussions of this AI revolution are expected to reverberate across Asia, with India's renowned back-office services industry facing significant implications. India currently employs over five million people in the IT and business process outsourcing sector, making it particularly susceptible to technological disruptions.
While acknowledging concerns about potential job losses, Krithivasan stressed the need for workforce training to meet the burgeoning demand for tech talent. He suggested that increased collaboration between industry and academia could help bridge the skill gap and capitalize on the growing demand for AI expertise.
Krithivasan cautioned against overestimating the immediate benefits of generative AI, noting that its true impact would unfold gradually. However, TCS is actively investing in AI projects, with a pipeline worth $900 million, signaling its commitment to embracing emerging technologies.
&nbsp;

Microsoft's third-quarter results showcase a remarkable 17% increase in revenue, attributed to the successful integration of AI technology across its product line and a significant 31% rise in Azure revenue, surpassing analyst expectations. 

Microsoft's Q3 revenue soars 17% on AI integration, Azure surge

Microsoft's third-quarter results showcase a remarkable 17% increase in revenue, attributed to the successful integration of AI technology across its product line and a significant 31% rise in Azure revenue, surpassing analyst expectations.&nbsp;

Microsoft's reported impressive third-quarter results, showcasing a 17% surge in revenue to $61.9 billion. This surge was driven largely by the integration of AI technology from OpenAI across its product line, with customers increasingly utilizing AI tools for various tasks such as document summarization and content generation.
Under the leadership of Chief Executive Officer Satya Nadella, Microsoft's strategic focus on AI has yielded substantial returns, evident in the robust performance of its Azure cloud platform. Azure reported a remarkable 31% increase in revenue for the quarter, surpassing analyst expectations and highlighting the growing demand for cloud and AI services.
According to Bloomberg, Microsoft's generative AI-specific revenue has emerged as a key driver for the company's stock performance, reflecting the success of its AI integration strategy. Additionally, Azure's growth trajectory remains promising, with projections for the current quarter exceeding analyst forecasts.
Chief Financial Officer Amy Hood underscored the widespread growth across Azure, emphasizing the importance of both AI and non-AI services in driving revenue. With over 65% of Fortune 500 companies now utilizing Azure OpenAI services, Microsoft is poised to capitalize further on the growing demand for cloud-based AI solutions.
In line with its expansion plans, Microsoft is aggressively investing in its global data center network to support the increasing demand for AI services. Capital expenditures reached $14 billion in the quarter, with expectations of further increases to meet the surge in demand.
Security also remains a top priority for Microsoft, with recent enhancements to its cybersecurity business incorporating AI tools to better detect and respond to threats. Despite recent scrutiny from the US Cyber Safety Review Board, Microsoft remains committed to strengthening its security measures.
Beyond AI and cloud growth, Microsoft's traditional desktop software business experienced a boost from a recovering PC market, while the gaming sector saw significant gains following the acquisition of Activision Blizzard.
As Microsoft continues to innovate and expand its offerings, investors remain optimistic about the company's long-term prospects, with projections of double-digit growth in sales and operating income for the fiscal year ahead.

With its focus on offline capabilities and device compatibility, Microsoft's Phi-3 can open up new possibilities for AI applications in diverse settings.

Microsoft unveils Phi-3: New small language AI model for simpler tasks

<h2>With its focus on offline capabilities and device compatibility, Microsoft's Phi-3 can open up new possibilities for AI applications in diverse settings.</h2>

Microsoft continues its push into artificial intelligence with the introduction of Phi-3, a new small language model (SLM) designed for simpler tasks.
SLMs offer a range of advantages over large language models (LLMs), including:
<ul>
<li>Accessibility: SLMs are easier to use for organizations with limited resources and can be more easily fine-tuned to meet specific needs.</li>
<li>Cost-effectiveness: SLMs are more affordable to run, making them suitable for a wider range of applications.</li>
<li>Device compatibility: SLMs can be run locally on devices, such as smartphones, without requiring cloud computing power.</li>
</ul>
<h3>Offline capabilities and real-world applications</h3>
Microsoft emphasises the offline capabilities of Phi-3, which opens up new possibilities for AI use. SLMs like Phi 3 can be used to build applications that run directly on devices, eliminating the need for a constant internet connection.
Offline AI also empowers individuals and organizations in areas with limited internet access to leverage AI tools.
Microsoft envisions SLMs being used in various scenarios, such as a farmer using an SLM with visual recognition to identify crop diseases or a medical professional using an SLM to translate patient information in real-time.
<h3>Microsoft's strategic move</h3>
The launch of Phi-3 positions Microsoft as a leader in the development of small language models, anticipating a growing demand for accessible and cost-effective AI solutions.
This move also comes ahead of Apple's rumored development of its own SLM, suggesting a potential shift in the AI landscape towards a more diverse range of language models catering to various needs.
Also watch: <a href="https://www.editorji.com/tech-news/sennheiser-momentum-true-wireless-4-earbuds-launched-in-india-check-price-specs-1713953082235">Sennheiser Momentum True Wireless 4 earbuds launched in India</a>

CERT-In has urged users to patch software following discovery of security flaws in Microsoft products. By maintaining up-to-date software, users can significantly reduce the risk of falling victim to malicious attacks.

Security alert for Microsoft users: CERT-In warns of critical vulnerabilities in many products

<h2>CERT-In has urged users to patch software following discovery of security flaws in Microsoft products. By maintaining up-to-date software, users can significantly reduce the risk of falling victim to malicious attacks.</h2>

The Indian Computer Emergency Response Team (CERT-In) has issued a high-severity warning regarding critical vulnerabilities affecting a wide range of Microsoft products.&nbsp;
These vulnerabilities expose users to potential risks, including unauthorised access, data breaches, and system disruptions.
<h3>List of Microsoft services affected</h3>
According to CERT-In, the vulnerabilities span across various Microsoft offerings, including:
<ol>
<li>Microsoft Windows (including Windows 10 and 11)</li>
<li>Microsoft Office Suite</li>
<li>Azure Cloud Services</li>
<li>Bing Search Engine</li>
<li>Microsoft Dynamics (business management solutions)</li>
<li>System Center (IT management tools)</li>
<li>Exchange Server (business email and collaboration platform)</li>
</ol>
The identified vulnerabilities could be exploited by malicious actors to gain elevated privileges on a user's system.&nbsp;
This could allow attackers to steal sensitive information, bypass security measures, execute malicious code, impersonate legitimate users, or even disrupt system functionality through denial-of-service attacks.
<h3>Windows users at particular risk</h3>
CERT-In highlights critical vulnerabilities within various Windows versions, potentially allowing attackers to gain unauthorised access to a user's device and steal sensitive data.
The Indian cybersecurity agency attributes these vulnerabilities to shortcomings in existing security mechanisms within the affected software.&nbsp;
Notably, the SmartScreen feature in Windows, designed to protect users from malware, may be inadvertently enabling malware infiltration due to these flaws.
<h3>Security gaps and patch recommendations</h3>
To mitigate these risks, CERT-In strongly recommends that all users of these Microsoft products promptly install the latest security updates and patches.
Updating software ensures these vulnerabilities are addressed and reduces the potential for exploitation.
Also watch:<a href="https://www.editorji.com/tech-news/mobiles/iphone-16-pro-models-could-get-on-device-ai-features-with-ios-18-1713251270109"> iPhone 16 Pro models could get on-device AI features with iOS 18</a>

As Microsoft's share gained some 67%, since the launch of ChatGPT in early November 2022, the tech giant has now joined Apple as a $3 trillion company, becoming only the second firm to reach $3 trillion m-cap mark

Microsoft becomes the second company to join $3 trillion club after Apple

<h2>As Microsoft's share gained some 67%, since the launch of ChatGPT in early November 2022, the tech giant has now joined Apple as a $3 trillion company, becoming only the second firm to reach $3 trillion m-cap mark</h2>

Microsoft has joined Apple as a $3 trillion company, as Wall Street continues to be impressed by Microsoft's investment in AI. As the second biggest company in terms of Market capitalisation, Microsoft's shares were up 1.31% at $404 on Wednesday.&nbsp;
Apple remains at the top with a $3.02 trillion market capitalisation after reaching the $3 trillion market capitalization mark for the first time in January 2022. However, earlier this month, Microsoft briefly overtook the iPhone maker as the biggest company on the markets
<h3>Microsoft's AI investment</h3>
Microsoft has been vigourously investing in Artificial Intelligence and has a major partnership with OpenAI, creator of ChatGPT, that is reportedly worth $13 billion. Microsoft has also launched several products enabling companies and individuals to use the capabilities of generative AI, notably via its Bing search engine and Copilot virtual assistant.
Microsoft's shares have gained some 67%, since the launch of ChatGPT in early November 2022.&nbsp;
Also Watch: <a href="https://www.editorji.com/business-news/microsoft-replaces-apple-as-the-world-s-most-valuable-company-1705055224638">Microsoft replaces Apple as the world's most valuable company</a>

Microsoft dethrones Apple as the world's most valuable company, marking a new chapter in the tech landscape.

Rebirth of the Giant: Microsoft Topples Apple as World's Most Valuable Company!

Microsoft becomes the most valuable company in the world as its shares have gotten a boost since last year after the company invested in ChatGPT-maker OpenAI

Microsoft replaces Apple as the world's most valuable company

<h2>Microsoft becomes the most valuable company in the world as its shares have gotten a boost since last year after the company invested in ChatGPT-maker OpenAI</h2>

Microsoft on Thursday replaced Apple as the most valuable company in the world. The tech giant has achieved this feat for the first time since 2021. The market capitalisation of the company has reached $2.87 trillion.
<h3>World's Most Valuable Company</h3>
Azure, Microsoft's cloud computing platform has become a dominant force challenging Amazon Web Services for market share. In the last quarter, Azure's revenue soared 40% year-over-year.&nbsp;
Also Read: <a href="https://www.editorji.com/business-news/apple-s-earnings-boosting-strategy-here-s-how-the-subtle-price-rise-works-1694687661285">Apple's earnings boosting strategy; here's how the subtle price rise works</a>
Microsoft shares have also gotten a boost since last year after the company's early lead in generative artificial intelligence when it invested in ChatGPT-maker OpenAI.
<h3>Apple's struggle</h3>
Meanwhile Apple's shares were 0.9% lower on Thursday. The company is also facing an antitrust case from the US Department of Justice. Foxconn has also seen its year-on-year decline in revenue. Analysts have also downgraded Apple's stock citing lacklustre iPhone15 sales in China.&nbsp;
However, Apple has scope to recover from its losses as it is preparing to launch its next big product VisionPro.

This integration seamlessly links Android phones with a car's infotainment system, streamlining meeting access, enabling quick calls, and displaying recent calls

Microsoft Teams introduces an app that enables 'Work-from-Car'

<h2>This integration seamlessly links Android phones with a car's infotainment system, streamlining meeting access, enabling quick calls, and displaying recent calls</h2>

After work from home, a new mode that allows people to work from the car, is here. The work from car mode marks another step in remote collaboration.
Microsoft is gearing up to launch Teams, its video conferencing tool, on Android Auto in the coming month, following the initial announcement at Google I/O 2023. This integration seamlessly links Android phones with a car's infotainment system, streamlining meeting access, enabling quick calls, and displaying recent calls.
Details from the Microsoft 365 roadmap highlight the upcoming Teams on Android Auto features, including calendar-based meeting access, speed dial calls, and recent call display on Android phones. However, the inclusion of messaging features and other collaborative functionalities on this platform remains uncertain, pending clarification from Microsoft.
In addition to this development, Microsoft introduces a new Copilot key on keyboards for Windows PCs. This key, as stated by Yusuf Mehdi, Microsoft's Executive Vice President and Chief Marketing Officer for Consumers, will become an integral part of the PC keyboard, activating the Copilot in Windows feature for daily use.
As Microsoft prepares for the Consumer Electronics Show (CES), the Copilot key is expected to feature on various Windows 11 PCs from ecosystem partners. Anticipated for release from late February to Spring, these updates will extend to upcoming Surface devices as well.

Microsoft launches Surface Laptop Go 3 in India, which features a lightweight design, Intel Core i5 CPU, and up 15 hours of claimed battery life.

Microsoft Surface Laptop Go 3 launched in India: Check price, specs, sale date, and more

<h2>Microsoft launches Surface Laptop Go 3 in India, which features a lightweight design, Intel Core i5 CPU, and up 15 hours of claimed battery life.</h2>

Microsoft has launched its latest addition to the Surface lineup of personal computers in India, the Surface Laptop Go 3.&nbsp;
This compact and powerful laptop offers impressive performance in a portable form factor. Let's dive into the specifications, pricing, and pre-order details.
<h3>Surface Laptop Go 3 price in India</h3>
The base model of the Surface Laptop Go 3, featuring 8GB of RAM and a 256GB SSD, starts from ₹80,999.&nbsp;
Microsoft is also offering variants with different configurations for both consumers and businesses.&nbsp;
Pre-orders for the laptop are now open, and customers who pre-order before November 8 will receive free Marshall Major IV Wireless Headphones worth ₹14,999.
Additionally, a 1-month subscription to Xbox Game Pass and Microsoft 365 is included.&nbsp;
The laptop will be available through authorised retailers such as Vijay Sales, Reliance Digital, Croma, and Amazon. Wider availability through other markets and authorised Surface resellers is expected from November 9, 2023.
<h3>Surface Laptop Go 3 specifications</h3>
The Surface Laptop Go 3 is equipped with an Intel 12th Gen Core i5-1235U processor, based on the Alder Lake mobile architecture.&nbsp;
This processor features a combination of 2 P-cores and 8 E-cores, providing a 10-core, 12-thread configuration.&nbsp;
Users can configure the laptop with up to 16GB of LPDDR5 RAM, delivering a seamless multitasking experience.
The Surface Laptop Go 3 boasts the iconic Surface design, featuring premium materials and a visually pleasing aesthetic. It offers an Omnisonic speaker design with support for Dolby Audio Premium, ensuring immersive audio quality.&nbsp;
The laptop sports a 12.4-inch Pixelsense display with touch support, a resolution of 1536 x 1024 pixels, and a maximum brightness of 320 nits. Additionally, users can utilise the Surface Slim Pen for seamless note-taking and creative work.
Weighing just 1.13 kg, the Surface Laptop Go 3 is highly portable, making it ideal for on-the-go productivity.&nbsp;
The laptop offers up to 15 hours of battery life, ensuring all-day usage without worrying about frequent charging.&nbsp;
In terms of connectivity, it offers a USB 3.1 port (Type-A), a USB 3.2 Type-C port, a 3.5mm headphone jack, and the proprietary Surface Connect port, enabling seamless integration with a range of peripherals.
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The deal would wrap up a merger delayed for close to two years by intense scrutiny from authorities around the world

Microsoft closes acquisition of 'Call of Duty' giant activision for $69 billion

<h2>The deal would wrap up a merger delayed for close to two years by intense scrutiny from authorities around the world</h2>

Xbox maker Microsoft closed its blockbuster acquisition of Activision Blizzard, whose video games include "Call of Duty" and "Candy Crush", sealing one of the biggest technology tie-ups in history after overcoming final hurdles on Friday.
In a regulatory filing to the US Securities and Exchange Commission, the company said the deal was completed, ending nearly two years of stiff scrutiny from regulators, including in the United States.
British regulators were the final obstacle to the deal, and they approved Microsoft's $69-billion takeover, having blocked the deal in April over competition concerns.
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The British Competition and Markets Authority (CMA) said in a statement Friday that it had cleared "the new deal for Microsoft to buy Activision without cloud gaming rights" after concluding "it would preserve competitive prices and better services."
Microsoft launched its takeover in January last year, aimed at making it the world's third-largest gaming company by revenue, but it faced strong headwinds from regulators. Under the new deal, Microsoft agreed it would not take control of the cloud portion of Activision's business, which will be transferred to French studio Ubisoft for 15 years.&nbsp;

Explore the latest from the Microsoft Surface 2023 event. Discover the new Surface Laptop Go 3, Surface Laptop Studio 2 , and Microsoft AI innovations like Windows Copliot and DALL-E 3 Bing Chat integration.

Microsoft Surface Event Highlights: Surface Laptop Go 3, Surface Laptop Studio 2, Windows 11 AI, and more

<h2>Microsoft hosted its Microsoft Surface 2023 event, unveiling key products like the Surface Laptop Go 3 and Surface Laptop Studio 2. The event also showcased AI innovations, including the DALL-E 3 Bing Chat integration and Microsoft 365 Copilot.</h2>

Microsoft just hosted its Microsoft Surface 2023 event in New York City, unveiling a range of new products and innovations. Here's a detailed overview of the key announcements made during the Surface event.
<h3>Surface Laptop Go 3: The Latest Addition</h3>
During the Microsoft Surface event, the tech giant introduced the third-generation model of the Surface Laptop Go, aptly named the Surface Laptop Go 3.
The Surface Laptop Go 3 release date is Scheduled for October 3rd, and the device boasts an impressive battery life of up to 15 hours.&nbsp;
With a starting Surface Laptop Go 3 price of $799, this 12.4-inch laptop is designed for users who appreciate the Surface design but don't necessarily need a high-performance machine.
<h3>Surface Laptop Studio 2: Power and Elegance Combined</h3>
The Surface Laptop Studio 2 was another highlight of the event. Retaining the aesthetic of its predecessor, this high-end convertible laptop comes with a 14.4-inch pull-forward display, enhancing its touch capabilities.&nbsp;
Under the hood, the Surface Laptop Studio 2 specifications reveal a device powered by Intel's 13th Generation i7 H class chips, coupled with either an Nvidia RTX 4050 or RTX 4060 GPU. Additionally, it features the first Intel Neural Processing Unit (NPU) in a Windows device.&nbsp;
With options for up to 2TB of storage and 64GB of RAM, Microsoft touts it as their most powerful Surface yet. The Surface Laptop Studio 2 price starts at $1,999.
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<h3>DALL-E 3 Integration with Bing Chat</h3>
Microsoft's commitment to AI was evident with the announcement of integrating OpenAI's DALL-E 3 image generator into Bing Chat.
This DALL-E 3 Bing Chat integration will enable users to generate images directly within a chat interface by simply typing a few sentences.
<h3>Microsoft 365 Copilot: The AI-Powered Assistant</h3>
Set to launch in November, the Microsoft 365 Copilot is an AI assistant designed for Microsoft 365 business and enterprise customers. However, access to this feature comes at a premium, with a $30 monthly charge per user.&nbsp;
The Microsoft 365 Copilot launch promises a range of functionalities, from summarizing documents to assisting in email creation and even generating new Word projects.
<h3>Unified Copilot Experience Across Platforms</h3>
Microsoft is set to enhance user experience with a unified Copilot feature, launching on September 26th.
This AI companion, simply named Copilot, will be integrated into Windows 11 AI features and will be available across various platforms, including Office 365, Windows, Edge browser, and Bing.
<h3>Windows 11 Update: AI at the Forefront</h3>
The upcoming Windows 11 23H2 update, releasing on September 26th, is packed with features. The highlight is the Windows Copilot, an AI-powered feature that brings Bing Chat directly to the Windows 11 desktop.
This integration allows users to control PC settings, launch apps, and even draft text messages using data from their calendar.
<h3>Wrap Up</h3>
he Microsoft Surface 2023 announcements showcased the company's dedication to innovation, especially in the realm of AI.
With the introduction of new hardware and the integration of Microsoft AI innovations, the future looks promising for both consumers and businesses.
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Microsoft and Sony have agreed to a 10-year deal to keep the Call of Duty franchise on PlayStation, ending a bitter battle between the two companies.

Game On! Microsoft Pledges Call of Duty will stay on PlayStation, signs 10 year contract with Sony

<h2>Microsoft and Sony have agreed to a 10-year deal to keep the Call of Duty franchise on PlayStation, ending a bitter battle between the two companies.</h2>

After months of intense negotiations, Sony has agreed to a 10-year deal with Microsoft to keep the Call of Duty franchise on PlayStation.&nbsp;
The agreement comes after a bitter battle between the two companies that has been waged both privately and publicly for the past year, following Microsoft's announcement of its proposed acquisition of Activision Blizzard in January 2022.
<h3>Microsoft's Deal Offer</h3>
Microsoft's initial deal offer to Sony in January 2022 included keeping all existing Activision console titles on Sony, including future versions of the Call of Duty franchise and other current Activision titles, through December 31st, 2027.
However, the terms of the deal have changed since then, with an extension to 10 years that's only applicable to Call of Duty.
<h3>Sony's Resistance</h3>
Sony had initially resisted signing a Call of Duty deal with Microsoft when the company first offered a 10-year contract in December 2022.
The company had expressed concerns that Microsoft could make Call of Duty exclusive to Xbox or even sabotage the PlayStation versions of the game.
<h3>Final Agreement</h3>
The agreement comes after months of discussions and counteroffers between Microsoft and Sony over the fate of Activision content on PlayStation.
Microsoft had waved around a contract in front of the world's media in an attempt to tempt Sony into signing a deal. The two companies finally reached an agreement that ensures that Call of Duty will remain on PlayStation for at least 10 years.
<h3>Implications for Microsoft Acquisition of Activision Blizzard</h3>
The deal has implications for Microsoft's acquisition of Activision Blizzard.&nbsp;
Microsoft has since agreed to pause their legal battles to negotiate how the transaction might be modified in order to address the Competition and Markets Authority&rsquo;s (CMA) cloud gaming concerns.&nbsp;
The CMA has warned that Microsoft's proposals may lead to a new merger investigation and that discussions with Microsoft are still in the early stages.
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Microsoft has introduced AI-powered tools that make for an enhanced shopping experience online. The new tools leverage AI to offer users the best deals, reviews, and price comparisons, and are available across Microsoft's own services.

Microsoft unveils AI-powered shopping tools in Bing and Edge, making online shopping easier

The new tools introduced by Microsoft leverage AI across a range of its services, to provide consumers with an enhanced shopping experience

Microsoft has announced new AI-powered shopping tools in Bing and Edge, aimed at revolutionizing the online shopping experience and making it more enjoyable for consumers. These tools aim to address the overwhelming nature of online shopping, providing users with a simplified and convenient way to discover, research, and complete their purchases.
<h3>Online shopping has transformed the way we shop, but it has also brought challenges</h3>
Consumers often find themselves overwhelmed by the vast array of options, places to look, and information to sift through. Finding relevant deals that actually work at checkout and knowing which customer ratings and reviews to trust have become major pain points for online shoppers.
Recognizing these challenges, Microsoft aims to bring joy back to the shopping experience by making it easier and instilling confidence in consumers that they are making the right choices. Microsoft Shopping, which already offers time and money-saving tools across Bing, Edge, Microsoft Start, and Outlook, has helped shoppers worldwide save a staggering $3.7 billion in the past year alone. In the United States, shoppers have been able to save an average of $400 per year using Microsoft Edge.
<h3>The new Microsoft Shopping tools introduced in Bing and Edge leverage the power of AI to provide a comprehensive shopping solution</h3>
One of the key features is the Buying Guides, which assist users in discovering what they need, even when they are unsure. For example, college students who need to shop for supplies can turn to Bing for tailored Buying Guides that outline the essential items and provide product suggestions and specifications. This feature eliminates the need to visit multiple websites to compare options, as Bing presents the information in a smart compare table.
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Additionally, the shopping tools include summarized reviews and insights. When shopping for specific products, such as noise-cancelling headphones, users can rely on Bing Chat in the Edge sidebar to offer guidance on what aspects to consider. It can also provide a brief summary of online opinions and popular insights about the product, helping users make informed decisions.&nbsp; Furthermore, Microsoft's shopping tools help users find the best price and save money. The Price Match feature monitors the price of purchased items and assists in requesting a match if it drops. Price Comparison, Price History, Coupons, Cashback, and Package Tracking are also integrated into the browsing experience, ensuring users make purchases at the right time and place, and automatically applying discounts and cashback offers.
Microsoft's AI-powered shopping tools are available on Bing and Edge, providing users with a streamlined shopping experience that offers convenience, savings, and confidence. Whether shopping for back-to-school supplies or any other items, consumers can visit bing.com/shopping on their PC or mobile devices, or download the Bing app to take advantage of these exciting new features.

A spokeswoman confirmed that the group that calls itself Anonymous Sudan was behind the attacks. Some security researchers believe the group to be Russian.

Microsoft says early June disruptions to Outlook, cloud platform, were cyberattacks

A spokeswoman confirmed that the group that calls itself Anonymous Sudan was behind the attacks.&nbsp; Some security researchers believe the group to be Russian.

In early June, sporadic but serious service disruptions plagued Microsoft's flagship office suite &mdash; including the Outlook email and OneDrive file-sharing apps &mdash; and cloud computing platform. A shadowy hacktivist group claimed responsibility, saying it flooded the sites with junk traffic in distributed denial-of-service attacks.
Initially reticent to name the cause, Microsoft has now disclosed that DDoS attacks by the murky upstart were indeed to blame.&nbsp;
A spokeswoman confirmed that the group that calls itself Anonymous Sudan was behind the attacks. It claimed responsibility on its Telegram social media channel at the time. Some security researchers believe the group to be Russian.
Serious impacts from the Microsoft 365 office suite interruptions were reported on Monday June 5, peaking at 18,000 outage and problem reports on the tracker Downdetector shortly after 11 a.m. Eastern time.
On Twitter that day, Microsoft said Outlook, Microsoft Teams, SharePoint Online and OneDrive for Business were affected.
Attacks continued through the week, with Microsoft confirming on June 9 that its Azure cloud computing platform had been affected.
On June 8, the computer security news site BleepingComputer.com reported that cloud-based OneDrive file-hosting was down globally for a time.

Microsoft has agreed to pay $20 million to the Federal Trade Commission for collecting data from gamers under 13 without parental consent

FTC fines Microsoft for collecting data from minors

FTC fines Microsoft $20 million for collecting data from minors

Microsoft has agreed to pay $20 million to the Federal Trade Commission for collecting data from gamers under 13 without parental consent

Microsoft has agreed to pay a $20 million fine to the Federal Trade Commission (FTC) for violating the Children's Online Privacy Protection Act (COPPA). The FTC found that Microsoft collected personal information from children under the age of 13 without parental consent.
As part of the settlement, Microsoft must delete all data collected from children under the age of 13 who have not provided parental consent. The company must also obtain parental consent before collecting data from children under the age of 13.
The FTC's enforcement of COPPA is designed to protect children's privacy and ensure that they are not exploited by companies that collect their personal information without their parent's knowledge or consent. COPPA is a federal law that protects the privacy of children under the age of 13 online.
The law requires companies to obtain parental consent before collecting personal information from children under 13. COPPA also requires companies to protect the privacy of children's personal information once it is collected.The FTC's enforcement of COPPA is a critical part of protecting children's privacy online.
The FTC's actions against Microsoft send a strong message to companies that they must comply with COPPA or face serious consequences.

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