MICROSOFT
Tech layoffs in 2024: Apple, IBM, Intel and Microsoft announce job cuts
Layoffs in 2024: Tech firms have ramped up layoffs to manage expenses, with Intel, Microsoft, and Match Group cutting significant numbers of jobs. In India, startups such as Ola Electric, Paytm and Byju’s undertook similar layoffs in response to funding constraints, although fewer jobs were lost compared to 2023.
Microsoft to host cybersecurity summit after CrowdStrike-induced IT outage
Microsoft will host a cybersecurity summit in September after a faulty update from CrowdStrike led to a global IT outage in July. This event, scheduled for September 10 at Microsoft's Redmond HQ, aims to address issues affecting 8.5 million Windows devices across multiple industries, including airlines, banks, and healthcare.
OpenAI blocks Iranian group's ChatGPT accounts for targeting US election
The operation, identified as Storm-2035, used ChatGPT to generate content focused on topics such as commentary on the candidates on both sides in the U.S. elections, the conflict in Gaza and Israel's presence at the Olympic Games and then shared it via social media accounts and websites.
What we know about suspected Iranian cyber intrusion in the US presidential race
Trump's presidential campaign said Saturday that it had been hacked and that sensitive internal documents were stolen and distributed. It declared that Iranian actors were to blame. Two other news outlets, The New York Times and The Washington Post, also said they received leaked materials. None of them revealed details about what they had, instead describing the documents in broad terms.
The hacking of presidential campaigns begins, with the usual fog of motives
On Friday, Microsoft released a report declaring that a hacking group run by the intelligence unit of Iran's Revolutionary Guard had successfully breached the account of a "former senior adviser" to a presidential campaign. By Saturday night, former President Donald Trump was declaring that Microsoft had informed his campaign "that one of our many websites was hacked by the Iranian Government -- Never a nice thing to do!" but that the hackers had obtained only "publicly available information."
Iran is accelerating cyber activity that appears meant to influence the US election, Microsoft says
The findings in Microsoft's newest threat intelligence report show how Iran, which has been active in recent U.S. campaign cycles, is evolving its tactics for another election that's likely to have global implications. The report goes a step beyond anything U.S. intelligence officials have disclosed, giving specific examples of Iranian groups and the actions they have taken so far.
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Palantir to deploy AI products on Microsoft Azure for US government agencies
The data analytics company will deploy its products, including the "Gotham" software - which assists in locating targets on battlefields - on Microsoft's Azure Government and Azure Government Secret cloud platforms.
Microsoft, TCS, Amazon India's most attractive employer brands: survey
According to Randstad Employer Brand Research 2024, Microsoft has been named the most attractive employer brand in India, followed by TCS and Amazon. Microsoft excelled in financial health, reputation, and career progression opportunities. The survey noted that employees value work-life balance and equity. The report also highlighted the increasing use and expected impact of AI on jobs.
Microsoft blames Delta for its struggle to recover from global cyber outage
Last week, Delta's CEO Ed Bastian told CNBC that while the airline heavily relies on Microsoft and CrowdStrike, both tech companies had failed to deliver an "exceptional service." In the interview, he also said that Microsoft had the "most fragile platform."
Microsoft's slow cloud growth signals AI payoff will take longer
Microsoft revealed plans to boost investment in AI infrastructure despite a slowdown in cloud business growth, leading to a dip in shares. Capital expenditure rose to $19 billion for the fiscal fourth quarter, mainly driven by AI and cloud projects. Azure's growth lagged behind estimates, though AI services significantly boosted revenue.
AI startups swap independence for Big Tech's deep pockets
It' some of Silicon Valley's most promising names in the fast-developing generative AI space are being gobbled up by or tied to the hip of US tech giants. Breaking from typical Silicon Valley legend, generative AI won't be developed out of some founder's garage.
Technology's grip on modern life is pushing us down a dimly lit path of digital land mines
The risks are being amplified by the tightening control of a corporate coterie popularly known as "Big Tech": Microsoft, whose software runs most of the world's computers; Apple and Google, whose software powers virtually all of the world's smartphones; Amazon, which oversees data centers responsible for keeping websites running (another key service provided by Microsoft and Google, too, in addition to its e-commerce bazaar); and Meta Platforms, the social networking hub that owns Facebook, Insta and WhatsApp.
Microsoft's LinkedIn settles advertisers' lawsuit over alleged overcharges
LinkedIn agreed to a $6.625 million settlement for overcharging advertisers by inflating video ad view metrics. The settlement applies to U.S. advertisers from January 2015 to May 2023. LinkedIn will also hire an external auditor for two years to review its ad metrics.
Amazon racing to develop AI chips cheaper, faster than Nvidia's, executives say
The server was packed with Amazon's artificial intelligence chips that compete with those from market leader Nvidia, Amazon executive Rami Sinno said on Friday, during a visit to the lab.
Fortune 500 firms to see $5.4 billion in CrowdStrike losses: insurer Parametrix
CrowdStrike's faulty update to its security software crashed computers powered by Microsoft's Windows operating system, disrupting internet services across the globe and affecting a broad swathe of industries including airlines, banking and healthcare.
YouTube app and website down for some users in India: report
Many users across India experienced trouble while uploading videos on YouTube app. According to the DownDetector app, YouTube faced issues since 1.30 p.m. on Monday. People took social media platform X to report the matter, the Google-owned company has yet to make an official statement on the issue.
IT outage: Microsoft deployed hundreds of engineers, experts to restore services
Airport and airline operations faced significant disruptions due to the outage, with airlines issuing advisories to passengers. IndiGo, SpiceJet and Akasa saw disruptions in their online check-in and boarding processes across their networks, forcing them to switch to manual mode.
Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outage
Microsoft reported that a global tech outage, stemming from a software update by cybersecurity firm CrowdStrike, affected nearly 8.5 million Windows devices. Despite impacting a small fraction of all Windows machines, the incident caused widespread disruptions across industries. The company collaborated with Amazon Web Services and Google Cloud Platform to swiftly address the issue using Azure infrastructure.
Microsoft systems global outage: 5 Indian AMCs report disruptions in functioning
The association of mutual funds in India (AMFI) said other than their five asset management companies, their mutual funds and registrar and transfer agents (RTAs) functioned without any impact. The glitch affected not only broking firms but also disrupted airline operations. Additionally, the outage impacted 10 banks and NBFCs, causing minor disruptions that were either resolved or in the process of being resolved.
ETtech Explainer: How a faulty Microsoft Windows update by CrowdStrike led to global IT outage
Microsoft Outage Update: Microsoft's Windows devices experienced a severe outage on Friday due to a faulty update by CrowdStrike, a Texas-based cybersecurity company that manages end-point security for various companies. CrowdStrike's update, intended to increase protection features, ran into a conflict with Microsoft's cloud service infrastructure, causing devices to display the blue screen of death message.
Microsoft outage: Ola’s Bhavish Aggarwal bats for stringent data localisation norms
Aggarwal has been pushing for greater adoption of Made-in-India technologies and lately moved from Google Maps to the in-house developed Ola Maps. He invited developers to join at a subsidised cost and claimed unlike Google his company charges in rupees and not in dollars.
Microsoft says cause of outage at 365 apps and services fixed
Microsoft said on Friday that underlying cause for a global outage has been fixed, but the residual impact of cybersecurity outages are continuing to affect some Office 365 apps and services.
Government in touch with Microsoft over outage: IT minister Ashwini Vaishnaw
In India, operations across several offices remained impacted. Several major airlines also reported being unable to check in passengers, while the Mumbai airport was unable to process the check-in for several airlines and passengers, an official said.
Microsoft outage: Windows PCs, IT systems hit; users get 'blue screen' errors
Users around the world were unable to log into their systems as their devices crashed after being switched on. Sources said that the issue is likely to due a recent update from CrowdStrike, a US-based cybersecurity company that provides endpoint security to several organisations globally.
Microsoft cloud outage causes some US airlines to ground flights; company says now resolved
U.S. Secretary of Transportation Pete Buttigieg said the department was monitoring the flight cancellation and delay issues at Frontier, adding that the agency will hold the company and all other airlines "to their responsibilities to meet the needs of passengers".
Google, Microsoft offer Nvidia chips to Chinese companies: report
The Biden administration has proposed requiring cloud companies to determine whether foreign entities are accessing data centers in the United States to train AI models, U.S. Commerce Secretary Gina Raimondo told Reuters in January.
Microsoft's hiring of former Inflection AI staff prompts UK probe
UK's CMA is investigating Microsoft's $650 million deal and hiring of Inflection AI staff, founded in 2022 by Mustafa Suleyman, involving investors Eric Schmidt and Bill Gates. Decision due Sept. 11. Microsoft's ties with OpenAI, Mistral AI, Amazon-Anthropic are under review. Microsoft, relinquishing an OpenAI board seat, asserts hiring promotes competition in an emailed statement.
Microsoft clinches deal to settle CISPE antitrust complaint
Microsoft avoided an EU probe with a multi-million-euro settlement with CISPE. Addressing Oct. 1 terms, Brad Smith praised the resolution. CISPE members, including Amazon, can use Microsoft software on Azure at equivalent prices, with past losses compensated. The complaint to the European Commission excluded Google Cloud, AliCloud. Reported by Foo Yun Chee, edited by Toby Chopra, Christina Fincher.
Microsoft seals carbon capture deal with Occidental
Tech giant Microsoft on Tuesday inked a record carbon capture agreement with Occidental Petroleum subsidiary 1PointFive, as major technology companies grapple with the growing carbon footprint of artificial intelligence. The agreement follows a similar deal between Amazon and 1PointFive last year, which involved the purchase of 250,000 metric tons of carbon removal over a decade.
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