MICROSOFT

Sep 16 2024TECHNOLOGY

The Crypto Calamity: FTX's $12. 7 Billion Payday to Creditors

FTX's downfall was marked by its poor balance sheet and liquidity crisis, which led to a $10 billion fraud committed against customer funds. The company's collapse sent shockwaves throughout the crypto industry, causing a ripple effect that left several other companies reeling. BlockFi, Voyager, Cel

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Sep 16 2024TECHNOLOGY

Unlocking the Power of AI and Blockchain: A New Frontier in Verifiability

The article highlights the potential of combining AI and blockchain to create a more transparent and trustworthy system. Space and Time, a startup backed by Microsoft, is building software to bring the immutability of blockchain to AI applications. This is a crucial step in verifying the accuracy of

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Sep 16 2024TECHNOLOGY

Quantum Computing's Cryptic Challenge: Microsoft Updates Security Library

As the threat of quantum computing looms, Microsoft has taken a crucial step in securing its core cryptographic library, SymCrypt, with two new encryption algorithms designed to withstand attacks from these powerful machines. But how vulnerable are our current encryption methods, and what does the f

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Sep 15 2024BUSINESS

The Business Buzz: CEOs Fired, Student Loans Settled, and More

The past week has been filled with notable business news, from CEOs being fired to record-low interest rates and major mergers. Norfolk Southern CEO Alan Shaw was let go after an investigation found he violated company policies by engaging in a consensual relationship with the chief legal officer. T

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Sep 13 2024BUSINESS

The Power Shift: Microsoft's New COO Brings Financial Muscle to the Table

As Microsoft continues to navigate the ever-evolving landscape of technology, the company has made a significant move to bolster its leadership team. In a recent announcement, CEO Satya Nadella revealed that Carolina Dybeck Happe, former CFO of General Electric (GE), has joined the Microsoft family

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Sep 13 2024TECHNOLOGY

Sink or Swim: A Cautionary Tale of AI-Powered Lawyering in Singapore

Singapore has taken a significant step towards embracing the power of artificial intelligence (AI) in the legal profession by integrating Microsoft's Copilot into its legal technology platform. The move allows lawyers to automate certain tasks, such as drafting status updates and tracking deadlines,

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Sep 13 2024BUSINESS

Xbox's Bittersweet Restructuring: 650 Jobs Cut, but No Games Cancelled

As the gaming industry continues to evolve, Xbox has made the difficult decision to eliminate approximately 650 roles across Microsoft Gaming, mainly in corporate and supporting functions. This move aims to realign the company's post-acquisition team structure and manage its business for long-term s

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Sep 13 2024TECHNOLOGY

"Microsoft's 365 Services: When Third-Party Issues Hit"

Microsoft's Microsoft 365 services were affected by a third-party issue, leaving some users unable to access the platform. The company has confirmed that the problem was caused by a change within the managed environment of an Internet Service Provider (ISP). The ISP has since reverted the change, an

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Sep 11 2024TECHNOLOGY

Unlocking Excel Security: Passwords, Encryption, and More

You've spent hours crafting the perfect spreadsheet in Microsoft Excel, and the last thing you want is for someone to accidentally (or intentionally!) change your work. The truth is, Excel files are a treasure trove of valuable information, and safeguarding them is crucial. So, what's a responsible

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Sep 11 2024TECHNOLOGY

Microsoft's AI Revolution: The Next Big Thing?

Microsoft's Chief Technology Officer Kevin Scott is hinting at a major AI breakthrough before the end of the year. But what could it be? Scott remained tight-lipped, but the clues are there. We have things coming shortly that will be very visible for people looking for signs of progress. Look at how

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