Page 47 - Microsoft

Top headlines: Google to start unbundling apps, Microsoft profit decline

Business Standard brings you the top headlines at this hour

Microsoft, amid layoffs, says quarterly profit declined 12% to $16.43 bn

Microsoft on Tuesday reported a 12% drop in profit for the October-December quarter, reflecting the economic uncertainty it said led to its decision to cut 10,000 workers. The company reported quarterly profit of $16.43 billion, or $2.20 per share. Excluding one-time items, the company based in Redmond, Washington, said it earned $2.32 a share, which topped Wall Street expectation for adjusted earnings of $2.29 a share. The software maker posted revenue of $52.75 billion in the October-December period, its second fiscal quarter, up 2% from the same period a year ago. Analysts polled by FactSet expected Microsoft to post revenue of $52.99 billion for the October-December quarter. Microsoft last week blamed macroeconomic conditions and changing customer priorities for its decision to cut nearly 5% of its global workforce. It's one of a number of tech companies, including Google, Amazon, Salesforce and Facebook parent Meta, to announce mass layoffs. Microsoft's personal computing .

Microsoft Edge Insiders in Dev channel can now personalise sidebar

The company has also fixed browser crash when removing apps from the sidebar and crash related to memory errors

Microsoft to stop selling Windows 10 Home, Pro downloads later this month

The company will also stop officially supporting Windows 10 on October 14, 2025

Microsoft Teams introduces new feature to allow real-time editing in chat

The new feature comes available in both Teams meeting chat and Teams chat, the company mentioned

Microsoft infuses billions of dollars in ChatGPT developer OpenAI

It will deploy OpenAI's models across its consumer and enterprise products and introduce new categories of digital experiences built on OpenAI's technology

Microsoft shutting down social virtual reality platform AltspaceVR

In 2017, Microsoft stepped in and acquired the platform after AltspaceVR decided to shut it down, and now the company said it will shut down the service on March 10, 2023

Microsoft begins to roll out 'tabs' feature in Notepad for Windows 11

Microsoft has announced that it is beginning to roll out the tabs feature in Notepad for Windows 11

Microsoft to invest Rs 16,000 cr to set up 3 more data centres in Hyderabad

In a testament to Telangana and Microsoft's commitment to help each other grow, Microsoft announced its first captive data centre investment of three campuses early in 2022

Top Headlines: Oil's impact on budget, Microsoft cuts 10,000 jobs, and more

Business Standard brings you the top headlines at this hour

'Hard choices', says Satya Nadella as Microsoft cuts 10,000 jobs

The impact of the move on its Indian operations could not be ascertained

Difficult but necessary, says Nadella as Microsoft plans to cut 10,000 jobs

He said that the company would invest in strategic areas for the future by allocating both capital and talent

Microsoft invests in DarwinBox; to collaborate, integrate product ecosystem

DarwinBox will be the first HR tech SaaS based platform from Asia with whom Microsoft will also collaborate and see integration between Darwinbox and the Microsoft's product ecosystem

Microsoft to cut engineering jobs this week as layoffs go deeper: Report

Microsoft most recently shrank its workforce in October and July, and has eliminated open positions and paused hiring in various groups

Microsoft to add OpenAI's bot ChatGPT in Azure cloud services soon

The service gives Microsoft's cloud customers access to various OpenAI tools like the GPT-3.5 language system that ChatGPT is based on, as well as the Dall-E model for generating images from text

Google to come up with 381,000 sq ft data centre in Navi Mumbai by 2025

The data centre in Mumbai will be an eight-storey building with a basement and a roof

Microsoft releases new Windows 11 preview build for Insiders in Dev Channel

Microsoft has released a new Windows 11 preview build for Insiders in the Dev Channel, which includes an updated version of Task Manager

Microsoft Edge gets text prediction tool for editable fields in new update

Microsoft has rolled out a new update to its Edge browser, which brings a small handful of updates and new features, including text prediction

AI chatbots will boost productivity, empower artists: Satya Nadella

Generative artificial intelligence (AI) will help creative professionals become more productive in the near future, thinks Microsoft Chairman and CEO Satya Nadella

Apple releases Music, TV, Devices apps for Windows 11 on Microsoft Store

Apple has quietly released preview versions of its Music, TV, and Devices apps for Windows 11 on Microsoft Store