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Microsoft: $14 Million Settlement

Microsoft has agreed to pay the sum of $14 million USD to settle a California agency’s claims that it illegally penalized workers who took Parental and Disability Leave. According to reports, employees who took leave from work due to pregnancy, disability, or to care for a sick family member received lower bonuses, were denied raises…

Microsoft To Layoff 1,500

Microsoft has announced plans to lay off 1500 employees in its Azure cloud unit as part of a restructuring initiative. This restructuring plan will allow Microsoft to cut costs as well as focus on AI development and invest in strategic growth areas. The layoffs will affect Azure for Operators and Mission Engineering teams. In January,…

Microsoft: $3.2 Billion Investment In Sweden

Microsoft has announced plans to invest $3.2 billion USD in Sweden to improve its cloud and Artificial Intelligence infrastructure over the next 2 years. This investment deal will provide 20,000 sophisticated graphics processing units to Sandviken, Gävle, and Staffanstorp data centers and will train 250,000 Swedes in AI capabilities by 2027. The report further mentions…

Microsoft Launches Copilot For Teams

Microsoft has announced the launch of Team Copilot, aimed at bringing the AI virtual assistant experience to every user. Team Copilot will be available to customers later in the year. It will be integrated directly within Microsoft’s Loop and Planner tools and will be able to assign tasks, track deadlines, and notify team members when…

Microsoft: $3.3 Billion Data Center facility

Microsoft has announced plans to build a $3.3 billion USD high-tech data center facility in Wisconsin, where Taiwan electronics manufacturer Foxconn had planned to build a $10 billion USD factory but scaled back on its plans. This investment deal will create 2,300 construction jobs and 2,000 permanent jobs over time. Microsoft will also partner with…

Microsoft: $1.5 Billion G42 Investment

Group 42 Holding Ltd, also known as G42, is an Emirati artificial intelligence (AI) development holding company headquartered in Abu Dhabi. It was founded in 2018 and specializes in artificial intelligence, cloud computing, healthcare, cybersecurity, oil and gas, aviation, and smart city initiatives. According to reports, Microsoft announced that it will invest $1.5 billion USD…

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