Microsoft

OpenAI Becomes Public Benefit Corp, Microsoft Gains 27% Stake

OpenAI has restructured as a public benefit corporation to facilitate capital raising.Microsoft holds a 27% stake in the new entity, valued at about $135...

ACCC Sues Microsoft Over Hidden Cheaper Microsoft 365 Plans

Microsoft is being sued by the Australian competition regulator for allegedly misleading 2.7 million customers about subscription options.The regulator claims Microsoft hid a cheaper...

Microsoft Sued for Allegedly Inflating ChatGPT Prices With Azure Deal

Microsoft is accused of using its exclusive Azure cloud agreement to limit OpenAI's access to computing resources and keep ChatGPT prices high. A class-action lawsuit...

Microsoft Boosts AI Data Center Spend in WI to $7B, Eyes Growth

Microsoft is increasing its investment in Wisconsin to $7 billion for AI data centers.A second major AI data center is planned, with the first...

Microsoft Surges Past $4T Market Cap on Strong Cloud, OpenAI Hopes

Microsoft reported higher-than-expected quarterly earnings, pushing its stock up more than 4%.The company’s market capitalization surpassed $4 trillion, joining NVIDIA in an exclusive group.Cloud...

AI Tokens Dip Despite Strong Microsoft, Meta Earnings; Fed Uncertainty Bites

AI-themed cryptocurrencies remain under pressure despite strong earnings from major tech firms. Microsoft and Meta reported significant revenue gains fueled by Artificial Intelligence initiatives. Broad crypto...

Microsoft Nears New OpenAI Deal, Eyes Access to Latest AI Models

Microsoft and OpenAI are close to securing a new partnership deal.The agreement would allow Microsoft to access OpenAI’s latest technology and research.Negotiations have included...

Microsoft (MSFT) Eyes $600 as AI Push Fuels Bullish Stock Surge

Microsoft (MSFT) stock has risen above $500 and is up more than 19% year-to-date. Analysts have raised forecasts, with some setting the next target price...

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Blockchain.com, NYSE partner for tokenized stocks

Blockchain.com and the New York Stock Exchange signed an MOU to offer tokenized US stocks and ETFs through NYSE's...

MemTensor npm, PyPI packages push credential-stealing malware

Compromised MemTensor packages on npm and PyPI delivered the Go-based sckit implant across Windows, Linux, and macOS.Attackers stole publish...

Micron stock nears $1,100 as split speculation builds

Micron shares closed at $1,096.16, nearing $1,100, but the company has not announced a stock split.Fiscal Q3 earnings hit...