June 26, 2025
The latest layoffs follow Microsoft's previous round of job cuts in May, which affected about 6,000 employees
A critical issue is how much equity in OpenAI’s new for-profit business Microsoft will receive in exchange for the more than $13bn it has invested in the company to date
Lilly tumbles after CVS drops Zepbound, while McDonald's slips after surprise drop in Q1 sales
The AI assistant is gaining a host of new features to make it more proactive, including offering birthday reminders, personalising podcasts and making reservations
Britain says the software giant does not have the level of control over the AI company that would warrant further investigation
Founded in 2003, Skype's audio and video calls quickly disrupted the landline industry in the early 2000s and made the company a household name