Tag Archives: Microsoft

Microsoft Chairman and CEO Satya Nadella has been awarded a staggering compensation package of $79.106 million (approximately ₹665.15 crore) for the fiscal year 2024, according to a recent filing with the US Securities and Exchange Commission (SEC) dated October 24, 2024. This marks a significant 63% increase from his previous year's earnings and is the highest compensation he has received since taking the helm at Microsoft in 2014.

Microsoft is grappling with another significant outage just weeks after a global IT meltdown caused by a problematic update from cybersecurity firm CrowdStrike. On Tuesday, the tech giant reported widespread disruptions affecting several Microsoft 365 services, including Word, PowerPoint, and Outlook. This comes less than two weeks after a prior global outage, highlighting ongoing challenges in Microsoft's network infrastructure.

In an unusual turn of events, a senior engineer at Microsoft in Bengaluru has been spotted driving an autorickshaw on weekends to tackle his feelings of loneliness. The revelation, shared by social media user Venkatesh Gupta on X (formerly Twitter), has ignited a significant debate online.

A significant IT outage that disrupted operations globally on Friday had minimal impact on China, according to recent reports. The outage, caused by a software update from the cybersecurity firm CrowdStrike, affected a broad range of sectors, including airlines and broadcasting, but left China’s daily operations largely unaffected.

In a significant milestone, Steve Ballmer, former CEO of Microsoft Corp., has surpassed company co-founder Bill Gates to become the sixth-richest person in the world. This shift in wealth comes as Microsoft's stock reached record highs, bolstered by its strategic partnership with OpenAI, positioning it as a major beneficiary of the artificial intelligence boom in the US market.

In a significant milestone, Nvidia has overtaken Apple in market capitalization, solidifying its position as the second-most valuable public company in the United States, trailing only behind Microsoft. The surge in Nvidia's market value pushed it past Apple, with Nvidia closing at a market cap of $3.019 trillion compared to Apple's $2.99 trillion at market close.

Microsoft's Xbox division is undergoing significant changes as the company consolidates teams, closes multiple gaming studios, and implements layoffs in a bid to cut costs and streamline operations amidst a slowdown in the gaming sector.

Tech giant Microsoft Corporation (India) Pvt Ltd has made a significant investment in Hyderabad, acquiring a 48-acre land parcel worth ₹267 crore. The transaction, revealed through documents accessed by Propstack, indicates Microsoft's continued expansion and investment in India's tech infrastructure.

In a recent LinkedIn post, Jeff Bogdan, who spent 33 years at Microsoft, shared his experience after being abruptly terminated from his position as Director of Learning and Development (L&D) at Microsoft Windows in February. Bogdan's termination came as the company adopted a new hub and spoke model for L&D, a strategy he had advocated for but ultimately led to his job elimination.

Microsoft revealed on Friday that a Russian state-sponsored hacking group, known as Midnight Blizzard, is attempting to breach its systems once more, utilizing information pilfered from the tech giant's corporate emails in January.