VENTURE CAPITAL POST

Microsoft, as OpenAI's largest investor, is defending against The New York Times' lawsuit against the artificial intelligence company, claiming it misrepresents the impact of ChatGPT on the news industry.

Microsoft has announced on Wednesday acquiring Xarmin, a cross-platform software programming tools project. Though details on the deal haven’t been disclosed from either party, the deal has been rumored to be made for $400 million to $500 million. The acquisition is expected to boost up Microsoft’s Universal Windows Platform (UWP) technology ideals.

Microsoft has revealed its quarterly earnings which have surpassed all forecasts and expectations. Its transition from PC platoform to cloud has been successsful as more and more companies are opting for this service. The leaders are quite confident about company growth and revealed their expectations from third-quarter which show some pretty optimistic numbers.

Silicon Valley technology firms see robust business potential in India as over a billion people are without internet access. Most of the US-based technology majors are looking to India to bring more people online to get connected to their services.

Microsoft officially anounced its Arrow launcher for Android. A customization application that enable Android users to modify how their device look and behave. The application is now officially available for download in Android Google Play.

Microsoft, a software giant has started to see their new strategy focus is paying off, as they announced their latest quarterly result, last Thursday. Strategy shifting on cloud computing and mobile business has started to deliver a positive result.

As part of its new strategy, Microsoft Corporation will announce quarterly results under the three new headers based on operating a segment-wise business. The global software major has devised a rearranging system for financial results by restructuring business into three operating segments.

Exactly 20 years ago, on August 24, 1995, Microsoft launched Windows 95, and ultimately changed the way people interact with their computers.

Microsoft is writing off the $7.6 billion that it paid to buy Nokia's handset unit in 2014 and dropping some 7,800 jobs in its roll, most of them from the phone business. The reductions will take place over the next few months.

Investors wiped $35 billion off Microsoft Corp's (MSFT.O) market value on Tuesday without any clear-cut, single explanation. The world's largest software company, whose shares had climbed about 30 percent over the past 12 months to near 15-year highs, instead worried investors with a series of troubling signals in its earnings report and conference call on Monday.

Microsoft Corp's new Chief Executive Satya Nadella has become one the technology industry's biggest earners, with a total compensation package worth $84.3 million this year, according to a document filed with securities regulators on Monday.

Microsoft Corp chief executive Satya Nadella promised to cooperate fully with Chinese authorities in their antitrust investigation into his company during a meeting with a top regulator in Beijing, the Chinese government said.

Microsoft Corp (MSFT.O) will close its Silicon Valley research-and-development operation as part of 2,100 layoffs announced on Thursday, as it moves toward its new CEO's goal of cutting 18,000 staff, or about 14 percent of its workforce.

Satya Nadella has enjoyed a fairly smooth ride in his first 100 days as Microsoft Corp chief executive, but he risks hitting a rough patch next week when he unveils the latest models of the tepidly received Surface tablet.

In a bid to gain traction over its competitors, American software giant is rebranding its open cloud platform 'Windows Azure' to 'Microsoft Azure.' according to sources familiar with the matter cited by ZDNet.