"With data privacy, security, and compliance as our core priorities, we have a unique opportunity to help organizations responsibly innovate," Microsoft Chief Commercial Officer Judson Althoff said
Microsoft will stop packaging its Teams videoconferencing app with its Office software in Europe in an effort to head off antitrust penalties by regulators. The tech giant also said Thursday that it would take steps to make it easier for competing products to work alongside its software. The announcement comes a month after the European Union's executive Commission, the 27-nation bloc's top competition enforcer, opened a formal investigation over concerns that bundling Teams with Office gives the company an unfair edge over competitors. The investigation was triggered by a complaint filed in 2020 by Slack Technologies, maker of popular workplace messaging software. Slack, owned by business software maker Salesforce, alleged that Microsoft was abusing its market dominance to eliminate competition in violation of EU laws by illegally combining Teams with its Office suite, which includes Word, Excel and Outlook. "Today we are announcing proactive changes that we hope will start to
Starting Friday, Europeans will see their online life change. People in the 27-nation European Union can alter some of what shows up when they search, scroll and share on the biggest social media platforms like TikTok, Instagram and Facebook and other tech giants like Google and Amazon. That's because Big Tech companies, most headquartered in the U.S., are now subject to a pioneering new set of EU digital regulations. The Digital Services Act aims to protect European users when it comes to privacy, transparency and removal of harmful or illegal content. Here are five things that will change when you sign on: YOU CAN TURN OFF AI-RECOMMENDED VIDEOS Automated recommendation systems decide, based on people's profiles, what they see in their feeds. Those can be switched off. Meta, owner of Facebook and Instagram, said users can opt out of its artificial intelligence ranking and recommendation systems that determine which Instagram Reels, Facebook Stories and search results to show. ..
Microsoft President and Vice Chairman Brad Smith on Thursday said India needs to export talents skilled in artificial intelligence. While speaking at a US-India Strategic Partnership Forum event, Smith said the health of democracies is at stake and there is a need to find new ways to sustain economic growth. "The future of India in many ways will involve not just bringing talent to the countries but bringing more talents with a background in AI," Smith said. He said there is a need to develop responsible AI which fundamentally serves the principle that matters to humanity like security, privacy, and inclusion. Smith said the role of AI is to enhance productivity in a smarter way and there is a need to develop it through partnerships between educators and entrepreneurs, among countries like India and US. "There is no doubt, you can go anywhere in the world and if you find a talented company, I bet you will find a talented person who grew up in India. When you go to the United State
During the recent AI boom, the creation of nonconsensual pornographic deepfakes has surged, with the number of videos increasing ninefold since 2019
MediaTek said it expects Llama 2-based AI applications to become available for smartphones powered by its system-on-chip, which is scheduled to hit the market by the end of the year
Microsoft revamped its bid to buy video game maker Activision Blizzard on Tuesday to appease British competition regulators, who are the last major hurdle to closing one of the biggest deals in tech history. The Competition and Markets Authority said it has opened a new preliminary investigation into the updated transaction with a deadline for a decision due on October 18. Xbox maker Microsoft has been on a quest to acquire Activision, maker of the popular Call of Duty game franchise since announcing the USD 69 billion deal in January 2022. The blockbuster deal has secured approvals from antitrust authorities covering 40 countries, including the European Union. But it has been held up in Britain, where authorities moved to block it earlier this year over worries about competition being stifled in the emerging cloud gaming market, where players can avoid buying pricey consoles and stream games to their tablets or phones. Under the restructured deal, Microsoft will sell the cloud ..
Apple in the last five fiscal years has returned almost $5 billion more than the record $454 billion in cash it generated
Tech giant Microsoft on Tuesday announced the appointment of Puneet Chandok as Corporate Vice President of Microsoft India and South Asia. Effective September 1, 2023, Chandok will assume the operational responsibilities from Anant Maheshwari, Microsoft said in a release. "Supported by a strong leadership team, Puneet will oversee the integration of Microsoft's businesses across South Asia, including Bangladesh, Bhutan, Maldives, Nepal, and Sri Lanka, further boosting the company's presence in the region, while deepening its focus on key industries through a customer-centric approach with generative AI (Artificial Intelligence) at its core," it added.
Sebi has barred five entities, including Excel Realty N Infra and its promoters, from the securities market for up to two years and levied a fine totalling Rs 1.75 crore on them for being involved in a fraudulent scheme of misrepresenting the company's financial statements. The barred entities are promoters of listed entity Excel Realty N Infra (Excel) -- Lakhmendra Chamanlal Khurana (Chairman & MD of Excel), Ranjana Khurana Lakhmendra and Arpit Lakhmendra Khurana -- and Pramod Yeshwant Kokate who was chief financial officer of Excel. On the basis of a complaint received by Sebi, the markets watchdog conducted a detailed examination into the affairs of Excel Realty N Infra for the period from April 2016 to March 2021. In its examination, Sebi found that the transactions executed by Excel with 24 seller parties amounting to around Rs 119 crore constituting approximately 66 per cent of the total assets of Excel from FY 2016-17 to 2020-21, were misrepresented in the balance sheet of .
The European Union announced Thursday that it opened a formal antitrust investigation targeting Microsoft into the software company's Teams messaging and videoconferencing app over concerns that its bundling with its Office productivity sofware suite gives it an unfair edge over competitors. The European Commission, the 27-nation bloc's top competition enforcer, said that it would carry out its in-depth investigation as a matter of priority. The investigation stems from a complaint filed in 2020 by Slack Technologies, which makes popular workplace messaging software. Slack, owned by business software maker Salesforce, alleged that Microsoft was abusing its market dominance to eliminate competition in violation of EU laws by illegally combining Teams with its Office productivity software suite.
The effort, also backed by AI startup Anthropic and Microsoft, aims to consolidate the expertise of member companies and create benchmarks for the industry
Nadella has unveiled an array of new AI programs - based on models from partner OpenAI - for most of Microsoft's major product lines, and demand has been strong for internet-based services
Wall Street is looking at how generative AI services may benefit Microsoft, which secured an early lead with investments in OpenAI, owner of the popular ChatGPT service
The world's fourth most valuable firm was set to add more than $100 billion to its market capitalisation, based on premarket movements
Bets that artificial intelligence will revolutionise Corporate America and deliver riches to the biggest companies behind it will get a test Tuesday, as Microsoft Corp. and Alphabet Inc
Birlasoft on Monday said it is establishing a Generative Artificial Intelligence (GenAI) Centre of Excellence (CoE) with Microsoft for solutions across manufacturing, life sciences, energy and BFSI. The Gen AI-CoE will leverage Microsoft Azure's OpenAI Service for research, training, and collaboration, to build 50 use cases and digitally transform the above sectors, the company said in a statement. "Birlasoft already has more than 35 enterprise use cases ready for Generative AI adoption," a company spokesperson told PTI. The spokesperson added that Birlasoft will select 500 of its consultants across locations based on their profiles for upskilling them in Gen AI operations in the initial phase of this training. The trainings will be conducted in a hybrid mode by Microsoft specialists, Birlasoft domain experts and people from the industry, using online and recorded training sessions and in-person trainings, the spokesperson informed. Roop Singh, CEO Americas, Birlasoft said, "With
Amazon, Google, Meta, Microsoft and other companies that are leading the development of artificial intelligence technology have agreed to meet a set of AI safeguards brokered by President Joe Biden's administration. The White House said Friday that it has secured voluntary commitments from seven U.S. companies meant to ensure their AI products are safe before they release them. Some of the commitments call for third-party oversight of the workings of commercial AI systems, though they don't detail who will audit the technology or hold the companies accountable. A surge of commercial investment in generative AI tools that can write convincingly human-like text and churn out new images and other media has brought public fascination as well as concern about their ability to trick people and spread disinformation, among other dangers. The four tech giants, along with ChatGPT-maker OpenAI and startups Anthropic and Inflection, have committed to security testing carried out in part by ...
Tech giant faces German rival's EU antitrust complaint on its Teams, Office
It has been left increasingly isolated in opposition after US regulator, the FTC, failed to block it in court last week, and the CMA has taken the unprecedented step of reopening talks