Microsoft

Brokerages have raised its mean target price to US$560.90

Azure cloud revenue rose 43% in its fiscal fourth quarter

China is catching up quickly in part because of its embrace of open source

[NEW YORK] Microsoft Corp’s Xbox plans to eliminate 3,200 jobs, or around 20 per cent of its staff over the next year, as part of a massive reorganisation to spur growth in the struggling gaming divis...

The division will help customers deploy AI more efficiently and inform Microsoft’s product development decisions

The network will span 3,600 km and have landing stations in Machilipatnam in Andhra Pradesh, where Meta and Alphabet have announced data centres

Roles affected include those across sales and consulting, as well as jobs at the Xbox gaming division

The selloff has left Microsoft valued at the cheapest in a decade

Mark Zuckerberg has said his company will spend hundreds of billions of dollars on AI infrastructure by the end of the decade