Microsoft is preparing to lay off thousands of staff across the company beginning as soon as Wednesday, The Information and several other news outlets reported . The percentage of staff that would be impacted couldn’t be learned. Sky News earlier reported that 5% of the enterprise software company’s roughly 220,000 or so employees could be cut. Software engineering teams as well as teams...
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The Beginning of the AI Phone Wars
For years, Silicon Valley has been trying to figure out if hardware companies can generate venture scale returns, given the example of high-profile, venture capital–backed disappointments like Essential Products and Magic Leap. This challenging environment makes The Information’s recent reporting—that OpenAI CEO Sam Altman and iPhone designer Jony Ive are discussing building an artificial...
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