AllThingsD - Facebook and Microsoft are about to announce a deal where the social networking giant pays Redmond $550 million for access to more than 600 patents, AllThingsD has learned.
The deal comes as the social network prepares for its initial stock offering and looks to protect itself in an increasingly litigious intellectual property environment. Yahoo sued Facebook last month, alleging infringement of 10 patents.
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.
