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Microsoft Giving $200-Million in “Pandemic Bonuses” to Employees
Microsoft is reportedly giving employees a $1,500 “pandemic bonus” this year for the “unique and challenging fiscal year that Microsoft just completed.” Initially reported by The Verge, citing an internal memo which says that the bonuses will be distributed to…
Microsoft Reaches $2-Trillion Valuation Driven by Cloud Computing Offerings
Microsoft has taken its place as the second US publicly traded company in history to reach a $2-trillion market value, joining predecessor Apple in a very exclusive club. The company has been buoyed by betting its dominance in enterprise cloud…
Satya Nadella Becomes Microsoft’s First Chair & CEO Since Bill Gates
Satya Nadella, Microsoft’s current CEO was elected by the tech giant’s board to be its new chair on Wednesday. This is the first time in more than 20 years that the roles of CEO and chair have been held by…
Microsoft Co-Founder, Bill Gates Steps Down from Board
Microsoft announced that co-founder and tech advisor Bill Gates is stepped down from the company’s board of directors to dedicate more time to his philanthropic priorities, including global health in the age of COVID-19, as well as development, education, and…
Microsoft employees protest contract with U.S. Immigration and Customs Enforcement
More than 100 Microsoft employees have signed an open letter to Microsoft CEO, Satya Nadella in protest of the company’s deal with U.S. Immigration and Customs Enforcement (ICE), an agency which has been separating members of families who illegally cross…
18000 employees face the axe at Microsoft
Microsoft is expected to cut up to 18000 jobs over the next year, this is according to a press release by the software giant. In the press release, the company stated that: ” The cuts are part of a restructuring…
Microsoft officially welcomes Nokia Devices and Services
Microsoft Corp. has completed its acquisition of the Nokia Devices and Services business. The acquisition has been approved by Nokia shareholders and by governmental regulatory agencies around the world. The completion of the acquisition marks the first step in bringing…
Is the Xbox’s dead?
With the appointment of Satya Nadella as Microsoft’s new CEO, some investors have renewed calls from late last year that the company scrap the under-performing Surface tablet, search engine Bing, and even the Xbox gaming console. According to the Washington…
Who is Microsoft’s Satya Nadella?
Announcing his departure as CEO of Microsoft about a year ago, Steven Ballmer finally stepped aside on Tuesday. In his place, the company announced that, after a long and much-speculated candidate list, Satya Nadella would be taking over the helm…
