Microsoft

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Microsoft Puts Its Money Where Seattle's Housing Crisis Is

$500M to go to affordable housing, homeless services within 3 years

(Newser) - Microsoft is looking to ensure a roof over employees' heads, putting up $500 million to assist with affordable housing in the Seattle area. The funds will help create homes for Microsoft's cafeteria workers and shuttle drivers, as well as other middle- and low-income residents, reports the New York Times... More »

Alleged Fraudster Made a Really Poor Font Choice

Fonts released in 2017 used in documents with older dates

(Newser) - If Cambria and Calibri sound to you like a crime-fighting duo, you're not entirely off. Actually Microsoft fonts, they're responsible for exposing an alleged fraud scheme in Canada, where Gerald McGoey's company, Look Communications, went bankrupt at the end of 2017. Ordered to repay $5.6 million... More »

Apple Is No Longer Most Valuable Public Company

Microsoft just surpassed it, thanks to the cloud

(Newser) - Microsoft's big bet on cloud computing is paying off as the company has surpassed Apple as the world's most valuable publicly traded company, per the AP . The software maker's prospects looked bleak just a few years ago, as licenses for the company's Windows system fell with... More »

Markets Rebound at Start of Trading

Dow rose more than 200 points after Wednesday's plunge

(Newser) - Thursday is looking much better than Wednesday on Wall Street. Stocks opened higher after a sharp sell-off the previous day erased the market's gains for the year . In the first hour of trading Thursday, the Dow rose more than 200 points, shy of 1%, and the S&P 500... More »

Sorrowful Bill Gates Lauds Paul Allen's '2nd Act'

Microsoft co-founders met as kids, dropped out of college to form their company

(Newser) - Bill Gates wasn't even in his teens yet when he met Paul Allen at a school outside Seattle, and less than 10 years later, the two dropped out of college and founded Microsoft together. That long history, and their storied successes, have left Gates "heartbroken" after the death... More »

Microsoft Co-Founder Is Dead at 65

Paul G. Allen is gone

(Newser) - Paul G. Allen, who co-founded Microsoft with his childhood friend Bill Gates before becoming a billionaire philanthropist who invested in conservation, space travel, and professional sports, died Monday. He was 65, the AP reports. His death was announced by his company, Vulcan Inc. Earlier this month Allen announced that the... More »

Microsoft: Russian Hackers Targeted Conservative Groups

Latest attack described as 'focused on disrupting democracy'

(Newser) - Microsoft says it has uncovered new Russian hacking attempts targeting US political groups ahead of the midterm elections. The company said Tuesday that a hacking group tied to the Russian government created fake internet domains that appeared to spoof two American conservative organizations: the Hudson Institute and the International Republican... More »

Microsoft Parks a Datacenter in the Scottish Sea

The facility is 40 feet long and is loaded with 12 racks containing 864 servers

(Newser) - Microsoft has just launched something big. Literally. It has placed a datacenter—a facility that houses connected servers—off the Orkney Islands, near the northeastern coast of Scotland, reports Yahoo . A datacenter collects, processes, and stores large amounts of data, and Microsoft’s underwater center will perform the same functions... More »

Can Microsoft Defy Feds? Supreme Court to Weigh In

Company won't turn over emails held on server overseas

(Newser) - The Supreme Court is intervening in a digital-age privacy dispute between the Trump administration and Microsoft over emails stored abroad, per the AP . The justices said Monday they'll hear the administration's appeal of a lower court ruling in favor of Microsoft. The court held that the emails sought... More »

Only 3 Non-Tech Brands Make 'Most Valuable' Top 10

Apple is No. 1, followed by Google and Microsoft

(Newser) - If you wanted to create a brand from scratch and make it a valued household name, the tech sector is probably a good place to start. Per City AM , Interbrand looked at some of the world's biggest brands, then ranked their value—and seven that made it into the... More »

The Earth Has a New 'Richest Person'

With a net worth of $90.9 billion, Jeff Bezos just surpassed Bill Gates

(Newser) - A strong morning for shares of Amazon has resulted in bragging rights for CEO Jeff Bezos: He is now the richest person on the planet. Bezos' net worth climbed to $90.9 billion about 10am EDT Thursday, putting him ahead of Gates at $90.7 billion, per Bloomberg . It's... More »

Microsoft: We're Not Killing MS Paint Exactly

It will move to the Windows Store as a free app

(Newser) - News that Microsoft might kill its venerable Paint program prompted "an incredible outpouring of support and nostalgia," the company says in a blog post . So much so that Microsoft issued a clarification on Tuesday: MS Paint won't die but will instead become an app available for free... More »

Users React to Possible Removal of Microsoft Paint

Computer graphics program may not show up in next update of Windows 10

(Newser) - For more than 30 years, purchasers of Microsoft's Windows package were assured their acquisition would come with Paint, the computer graphics program that allows users to create and edit image files. But per CNBC , a list updated last week by the company deems Paint "deprecated"—meaning it'... More »

Major Layoffs Hit Microsoft This Week

As many as 3K people could lose their jobs, mostly in sales

(Newser) - Layoffs potentially numbering in the thousands started Thursday at Microsoft, CNBC reports. The company states the layoffs aren't motivated by a desire to cut costs but rather to address sales at the company, specifically in regards to its cloud-computing products. Sales of Azure, Microsoft's cloud-services product, grew 93%... More »

Just One of 10 Most Valuable Brands Isn't American

Nice job, Tencent

(Newser) - Bragging rights for the world's most valuable brands are usually controlled by US companies, but in this year's ranking by BrandZ , one of China's own cracked the top 10, CNN reports. Tencent, which makes online games, apps, and other digital add-ons, rode on the coattails of its... More »

Microsoft Wants Ransomware Attack to Be 'Wake-Up Call'

Company calls for digital Geneva Convention

(Newser) - The massive ransomware attack still reverberating around the world is the kind of thing that is going to keep happening unless rules like those governing conventional warfare are brought in for cyberspace, Microsoft says. Microsoft president Brad Smith warned in a blog post Sunday that the "stockpiling of vulnerabilities... More »

Microsoft Takes Unusual Step After Global Cyberattack

Free fixes for older systems issued

(Newser) - The worldwide cyberextortion attack has prompted Microsoft to take the unusual step of making security fixes available for older Windows systems. Before this, Microsoft had made fixes for older systems, such as 2001's Windows XP, available only to organizations that pay extra for extended support. But millions of individuals... More »

Here, Interns Can Earn $96K a Year

Facebook's interns are a lucky bunch

(Newser) - Contrary to popular belief, it is possible to keep a rewarding internship and a roof over your head . If you're prepared for a fight, you can find a great internship that also pays well—$8,000 per month in the case of Facebook. Here are the companies offering the... More »

Steve Ballmer's Secret $10M Site on Gov't Spending Debuts

Ex-Microsoft CEO has been compiling monster database for 3 years

(Newser) - Ask Steve Ballmer about the project he's been quietly working on since he retired as CEO of Microsoft , and he starts gushing with the "excitement of a child showing off a new toy," per the New York Times . That three-year project is USAFacts.org , a "first... More »

Microsoft: You're Safe From NSA Malware

Says that up-to-date users are protected from NSA code leaked by hackers

(Newser) - Up-to-date Microsoft customers are safe from the purported National Security Agency spying tools dumped online, the software company said Saturday, tamping down fears that the digital arsenal was poised to wreak havoc across the internet. In a blog post, Microsoft security manager Phillip Misner said that it had already built... More »

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