TechCrunch - Microsoft had a pretty bad week. The software giant announced disastrous earnings, which prompted its stock to tank more than 11 percent the next day. One reason for the bad quarter was the $900 million charge it took against “Surface RT” inventory adjustments, but even without this writedown, its quarter still would have been pretty bad. If the earnings show one thing, it’s that outside of its business and enterprise offerings (which delivered relatively good results), Microsoft just doesn’t have any products right now that consumers want to buy.
Microsoft is laying off more employees, a new round after they cut thousands last year. It seems like many big tech companies are doing the same.
Amidst the AI frenzy of 2023, major players like Google, Microsoft, and Meta are in the spotlight, launching their own generative AI systems.
Microsoft has made it easy for iPhone users to check their mobile updates on Windows-enabled computers.
