Microsoft

Rumors suggest Microsoft is phasing out Skype in favor of Microsoft Teams. A hidden message in the latest Skype version hints at the shutdown, urging users to migrate to Teams.

In stark contrast to the previous two years, billionaires such as Elon Musk and Mark Zuckerberg witnessed significant losses in their fortune during the first half of 2022.According to Bloomberg, the world's 500 wealthiest people lost $1.4 trillion in the first half of 2022. According to the research, this is the steepest six-month reduction in the global billionaires category ever.

Levi Strauss and company, the popular clothing brand, has replaced human models with AI-generated models The company has partnered with Lalaland.ai, which is a digital fashion studio that builds customized AI-generated models.

The search engine hasn't been used in a long time, and it's famous for being the punchline of several jokes about its slowness. It is, nonetheless, intertwined with many of our initial Internet memories, when Internet Explorer was the only option available.

Gates uses an Android device, which he has said on several occasions in the past, even as recently as 2017. He noted that the Fold's display is large enough that he can get away with using it just as a "portable PC."

Mark Zuckerberg's decision to change his focus and enter the metaverse has cost him dearly. The largest loss for a billionaire listed on the Bloomberg Billionaires Index this year was $71 billion (5.65 lakh crore) in wealth for Facebook co-founder Mark Zuckerberg.

McKinsey layoffs: Support staff in roles that don’t have direct contact with clients are likely to be the ones affected as part of the nearly 2,000 job cuts as McKinsey looks to restructure how it organises its support teams to centralise some of the roles, the report said.

Facebook parent Meta and Microsoft are separately vacating office buildings in Seattle and Bellevue in Washington -in the latest sign of change in the tech sector and softness in the office market here, according to media reports. Both Meta and Microsoft have embraced remote work while paring back their workforces as the tech sector swoons.

The global Microsoft outage brought a halt on the crucial aspects of human life – flights, banking and media – on Friday (July 19) and some of it persisted on Saturday as flights were delayed on various airports across India. Union Ministry of Civil Aviation, however, issued a statement on Saturday stating that the airline systems across airports have started working "normally" since 3 am.

American technology and e-commerce behemoth Amazon has started downsizing its non-profitable initiatives amid the growing economic downturn. The company had just announced a hiring freeze last week, as per an internal memo sent out by a top executive.