All tagged microsoft

Microsoft plans to cut 18,000 jobs

Satya Nadella CEO of Microsoft and successor of Steve Balimer have just announced the largest round of cutbacks in Microsoft history. Satya says they will be cutting 18,000 positions in the next year. This also comes not too long after Microsofts acquisition of Nokia. It's said layoffs will be mainly focused on their mobile division, and cutbacks starting with 12,500 of former Nokia employees.

Headline: Government reached a deal with tech companies

The Justice Department announced the deal Monday with Google Inc., Microsoft Corp., Yahoo Inc., Facebook Inc. and LinkedIn Corp. Other companies are expected to participate once it's approved by the Foreign Intelligence Surveillance Court. Companies wanted to make the disclosures to alleviate public speculation about their cooperation with the government. The government opposed the companies' request, saying it could interfere with national security investigations.

Microsoft Buys Skype for $8.5 Billion

Microsoft agreed to buy Skype for $8.5 billion, acquire 170 million active users, The takeover may help lure Skype users to Microsoft’s phones and software and narrow Google Inc. lead in Internet advertising. Microsoft will connect Skype to its Outlook e-mail, Xbox game console, Windows mobile phones and corporate-phone software. The acquisition is also the biggest Internet takeover in more than a decade.