Microsoft Cuts 4,800 Jobs In Companywide Layoffs

Microsoft Cuts 4,800 Jobs In Companywide Layoffs

Microsoft is laying off 4,800 employees in companywide cuts, a move that includes changes to its Xbox organization and broader restructuring across parts of the business. The cuts were reported by multiple outlets, including The Seattle Times, Reuters, the BBC and Business Insider. The reductions are global, with at least 605 jobs affected in Washington…

Platner Senate Campaign Pauses To Reflect After Assault Claim

Platner Senate Campaign Pauses To Reflect After Assault Claim

Graham Platner’s U.S. Senate campaign in Maine said it is “taking the time to reflect on the best path forward” after a sexual assault allegation surfaced, according to multiple news reports. Platner, a Senate candidate, has denied the allegation. Even as he disputes the claim, his campaign has indicated it is pausing to consider next…

Saylor Bitcoin Strategy Draws Scrutiny After Steep Monthly Losses

Saylor Bitcoin Strategy Draws Scrutiny After Steep Monthly Losses

Michael Saylor’s bitcoin-heavy strategy at Strategy has come under renewed scrutiny after a volatile month that produced steep losses tied to the company’s cryptocurrency exposure and raised questions about how it allocates capital. Strategy, the company long associated with Saylor and a corporate approach centered on holding bitcoin, has recently faced a challenging stretch as…

Microsoft To Cut 4,800 Jobs In Companywide Restructuring

Microsoft To Cut 4,800 Jobs In Companywide Restructuring

Microsoft is cutting 4,800 jobs and restructuring its Xbox business in a move that will reshape one of the company’s most visible consumer divisions. The layoffs are global and come as Microsoft overhauls the Xbox unit, according to Reuters. The cuts are expected to affect employees across the company, with significant changes tied to the…

Ukraine Drone Strike Hits Omsk Refinery, Russian Officials Say

Ukraine Drone Strike Hits Omsk Refinery, Russian Officials Say

Ukrainian drones struck the Omsk oil refinery in western Siberia, according to multiple reports, in an attack that reached far beyond the front lines and into one of Russia’s most important fuel-processing hubs. The target was the Omsk refinery, widely described in recent coverage as Russia’s largest. Reports said the strike hit the facility in…

Microsoft Sells Four Xbox Studios In Major Gaming Cuts

Microsoft Sells Four Xbox Studios In Major Gaming Cuts

Microsoft is moving to sell off four Xbox game studios as part of sweeping cuts to its gaming business, a restructuring that will also include thousands of layoffs across the company, according to multiple published reports. The shift affects Microsoft’s Xbox organization and comes amid broader workforce reductions. Reports describe the plan as one of…

Young Castro Urges Trump Deal In First Exclusive U.S. Interview

Young Castro Urges Trump Deal In First Exclusive U.S. Interview

A man described as “Young Castro” is calling on former President Donald Trump to make a deal, according to an exclusive interview published by USA Today that the outlet says is his first with a U.S. news organization. USA Today’s report centers on the figure it identifies as “Young Castro” and frames his comments as…

Marriage Based Green Cards Face Longer Waits And New Scrutiny

Marriage Based Green Cards Face Longer Waits And New Scrutiny

Marriage to a U.S. citizen has long been viewed as one of the more straightforward routes to American citizenship, but that process now includes more obstacles and delays than it once did. The shift is being felt by couples navigating the immigration system, including spouses seeking lawful permanent residency and, ultimately, naturalization. While marriage remains…

Sky To Acquire ITV In $2.1B Deal Reshaping British TV

Sky To Acquire ITV In $2.1B Deal Reshaping British TV

Sky has agreed to buy ITV in a $2.1 billion deal, a move that will consolidate two major forces in British television and reshape the competitive landscape across broadcast, streaming, and advertising. The agreement brings together Sky, a leading pay-TV and broadband provider, and ITV, one of the U.K.’s best-known commercial broadcasters. The deal price…

Former Apple, Amazon Engineer Launches AI Chip Startup At 55

Former Apple, Amazon Engineer Launches AI Chip Startup At 55

A former engineer who spent decades working in Silicon Valley at Apple and Amazon has started an artificial intelligence chip company in his mid-50s, marking a late-career move into the increasingly competitive market for specialized computing hardware. The engineer previously held roles at Apple and Amazon, according to recent reports describing the launch of the…