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Intel Returns to Profit as PC Rebound Lifts Chip Demand
The chip maker’s earnings surprise Wall Street after two consecutive quarters of record losses. Source link
Microsoft Faces European Probe Over Bundling of Teams Software
The European Union opened an antitrust investigation into whether Microsoft is abusing its position by bundling its Teams videoconferencing app with its popular Office software.
Netflix Reworks Microsoft Pact and Lowers Ad Prices
The streaming company is asking advertisers for patience as it tries to jump-start its $6.99 a month ad tier. Source link
Google and Microsoft Paying Big to Play in AI
The tech giants at the forefront of the AI race show recovering growth in their core businesses. Source link
Inside Lyft CEO David Risher's Efforts to Stabilize the Company
The new boss is considering options for Lyft’s bike fleet, with the company looking to sell the division or form a partnership with an investor.
White House Says Amazon, Google, Meta, Microsoft Agree to AI Safeguards
Big tech companies are adopting voluntary guidelines, such as watermarking artificial content. Source link
FTC Withdraws Case Against Microsoft-Activision Deal
The FTC said it is pausing its in-house trial against Microsoft’s $75 billion takeover of game developer Activision Blizzard, another signal that the deal is
Microsoft to Offer Some Cybersecurity Tools Free After Suspected China Hack
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Microsoft, Activision Blizzard Extend $75 Billion Merger Deadline
The extension, until mid-October, allows the companies to continue with efforts to gain regulatory approval in the U.K. Source link
Microsoft Shows AI Won't Be a Loss Leader
The software company’s pricing of its Copilot AI tool came in well above projections. Source link