Advertisement

Microsoft to Lay Off About 650 Xbox Gaming Employees

Microsoft has announced a new wave of layoffs within its Microsoft Gaming division, impacting around 650 employees. This follows a previous round of cuts several months ago, during which the company laid off 1,900 workers from Activision Blizzard and Xbox, and shut down several game studios, including Arkane Austin (half of Arkane Studios) and Alpha Dog Games.

Pavan Davuluri is the new head of Windows and Surface in Microsoft

Microsoft has named Pavan Davuluri as the new head of Windows and Surface, following Mikhail Parakhin's move to the new Microsoft AI division. The Verge have seen  an internal memo from Rajesh Jha, announcing the merge of the Windows and Surface teams. However, Mikhail Parakhin resigned from his position in Microsoft AI division. Here are the details.

Bing, Edge, Copilot and even Windows may jump into Microsoft’s new AI division

Microsoft has declared a new company-wide reorganization, with the establishment of a fresh unit called "Microsoft AI" under the direction of Mustafa Suleyman, a co-founder of DeepMind and Inflection. This new division will oversee products like Bing, Edge, Copilot, and possibly Windows.

Microsoft will host an event on Windows, Surface and AI this May

Microsoft has issued an invitation to the media for an exclusive event on May 20, building excitement ahead of its highly anticipated Build 2024 conference. The event promises a presentation from the Microsoft CEO Satya Nadella as he delves into the boundless potential of AI in both hardware and software.

Microsoft will provide news media companies with AI options

Several media companies and journalism schools have been offered access to secure and reliable generative AI services by Microsoft. The company has done this move in response to concerns about the potential misuse of generative AI models. For example, to create misleading news stories, images, and videos that can manipulate public opinion.

Microsoft lays off 1,900 employees at Activision Blizzard and Xbox

Microsoft plans to lay off 1,900 employees in its gaming division, which is approximately 8% of Microsoft Gaming's workforce. Most of the layoffs included employees of the recently acquired company Activision Blizzard. The Xbox and ZeniMax teams will also lose some employees.

Microsoft became the 2nd company in the world with a market capitalization of $3 trillion

Microsoft's market capitalization surpassed $3 trillion for the first time. It’s the second company, after Apple, to reach the milestone valuation after stock in Microsoft climbed 1.5 percent in trading on the NASDAQ on Wednesday.

css.php
Using Telegram? Subscribe to the blog channel!
Hello. Add your message here.