Microsoft Corp

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• IAC's Dotdash Meredith Partners With OpenAI to Bring Content to ChatGPT, from 6 hours ago by MT Newswires

  6 hours ago by MT Newswires
  Companies Mentioned: MSFT, IAC
  03:06 PM EDT, 05/07/2024 (MT Newswires) -- IAC's (IAC) Dotdash Meredith said Tuesday it has entered into a strategic collaboration and licensing agreement with Microsoft-backed OpenAI to enhance ChatGPT with its content. Dotdash's content includes r...

• Update: Microsoft Accused of Unfair Competition in Cloud Services by Spanish Startups Group, from 8 hours ago by MT Newswires

  8 hours ago by MT Newswires
  Companies Mentioned: MSFT
  12:59 PM EDT, 05/07/2024 (MT Newswires) -- (Updates to include statement from a Microsoft spokesperson in the fourth paragraph.) Microsoft (MSFT) was accused Tuesday of engaging in unfair competition in the cloud services market by the Spanish Start...

• Microsoft, Nvidia, Softbank Invest in Wayve Technologies' $1.05 Billion Series C Funding Round, from 9 hours ago by MT Newswires

  9 hours ago by MT Newswires
  Companies Mentioned: MSFT, NVDA
  11:50 AM EDT, 05/07/2024 (MT Newswires) -- Microsoft (MSFT) and Nvidia (NVDA) participated in a $1.05 billion series C investment round led by Softbank Group for Wayve Technologies, the developer of autonomous driving software said Tuesday. Softbank...

• Microsoft Shutters Bethesda Game Development Studios, from 10 hours ago by MT Newswires

  10 hours ago by MT Newswires
  Companies Mentioned: MSFT
  11:18 AM EDT, 05/07/2024 (MT Newswires) -- Microsoft (MSFT) has closed several of its Bethesda game development studios, including Arkane Austin, Tango Gameworks and Alpha Dog Studios, according to multiple news reports on Tuesday. In an email to s...

• DJ Microsoft to Close Four Game Studios Gained From $7.5B Deal in 2020 -- Market Talk, from 10 hours ago by Dow Jones

  10 hours ago by Dow Jones
  Companies Mentioned: MSFT
  
  1045 ET - Microsoft says it is shuttering four videogame studios it gained from its $7.5 billion acquisition announced in 2020 of ZeniMax Media. The studios were part of ZeniMax's Bethesda Softworks unit, known for making hit franchises such as Fallout and Doom. A spokeswoman says some impacted employees will be transferred to another Microsoft-owned studio. She declined to say how many others will let go. Matt Booty, who oversees all of Microsoft's game studios, told staff in an email shared with the WSJ that the closures reflect plans to prioritize high-impact properties. "We are making these tough decisions to create capacity to increase investment in other parts of our portfolio and focus on our priority games," Booty wrote. (sarah.needleman@wsj.com)