Microsoft Corp
Amazon’s first U.S. union faces an uphill battle after historic win at Staten Island warehouse
When more than 2,600 workers at a Staten Island, New York, warehouse called JFK8 voted to join Amazon’s first U.S. union in April, it was a historic moment. But it was only the first step in a long uphill climb toward a contract. A week after the union won the election at JFK8, Amazon filed […]
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5 things to know before the stock market opens Thursday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks mixed Futures were down on the Dow and the S&P 500, while the Nasdaq […]
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Microsoft eases up on hiring as economic concerns hit more of the tech industry
Satya Nadella, chief executive officer of Microsoft Corp., appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Microsoft said it will decelerate the pace of hiring new employees given current economic conditions, following similar announcements from its tech counterparts. “As […]
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Minecraft creator rejects NFTs, citing a lack of inclusivity
Minecraft is the best-selling game of all time, with lifetime sales of more than 238 million units. Igor Golovniov | Sopa Images | Lightrocket | Getty Images Mojang, the developer behind Minecraft, is not a fan of nonfungible tokens. The Microsoft-owned company said Wednesday that it won’t support NFTs in Minecraft because they’re “not inclusive […]
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Activision employees announce second union ahead of game company’s sale to Microsoft
Bobby Kotick, CEO of Activision Blizzard, attends the Allen & Company Sun Valley Conference on July 8, 2022, in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images A group of software testers at Activision Blizzard have formed the company’s second union, months before Microsoft is expected to close its nearly $69 […]
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Google will once again test augmented reality glasses in public
Google AR glasses prototype Google Google will test augmented reality prototypes in public settings, the company said in a blog post on Tuesday. Some prototypes will look like normal glasses and will be equipped with microphones and cameras as well as transparent displays. The new glasses aren’t a product yet and aren’t available to the […]
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Microsoft is adding video stories to Teams to liven up the chat app
Microsoft CEO Satya Nadella gestures during a session at the World Economic Forum annual meeting in Davos on May 24, 2022. Fabrice Coffrini | AFP | Getty Images Microsoft on Tuesday announced Viva Engage, a new portal coming to the Teams communication app that will let co-workers share video stories documenting their activities. It might […]
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Citi cuts Microsoft price target, citing foreign exchange headwinds
Microsoft faces slowing PC demand and foreign exchange headwinds that could hit profits in the near-term, Citi said Tuesday. “We lower our Q4 estimates on mostly FX, and weaker PC’s, while our FY23 embeds more macro conservatism and slower growth across key commercial businesses,” wrote analyst Tyler Radke in a note to clients as he […]
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5 things to know before the stock market opens Tuesday
Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Stock futures rise Equities markets pointed to a comeback Tuesday morning. Stocks had ended Monday in the red, weighed down by Apple, after Bloomberg reported the tech […]
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Here’s Jim Cramer’s advice to navigate this uncertain earnings season
Earnings season is entering full swing on Wall Street, and CNBC’s Jim Cramer said Monday that investors would be wise to take a wait-and-see approach toward shares of companies that are about to report quarterly numbers. “In this environment, it’s always going to be fragile on the upside and easy on the downside, because the […]
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