Microsoft pauses hiring in U.S. consulting unit as part of cost-cutting plan, memo says
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Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - 5h -
Meta announces 5% cuts in preparation for 'intense year.' Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.NBC News - 10h -
UK companies plan to invest in AI instead of hiring staff as costs rise
A new poll says 51 per cent of business leaders aim to redirect investment this yearFinancial Times - 2d -
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - 5d -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - 5d -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
Heavy snow slams part of the U.S.
The northeast of the U.S. has already seen several inches of snow as temperatures fall and driving conditions worsen. CBS News Philadelphia's Nikki Dementri has more from Cape May, New Jersey, and ...CBS News - Jan. 6 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
Microsoft May Bring "All Their Big Games" To PS5, Analyst Says
According to a veteran video game industry analyst, 2025 could be the year that Microsoft goes "all-in" on bringing its Xbox games to other platforms, including PlayStation 5. Microsoft, of course, ...GameSpot - Jan. 3
More from CNBC
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Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - 5h -
South Korea's President Yoon Suk Yeol arrested as agencies probe his short-lived martial law decree
This was the second bid to arrest the impeached president, following a failed attempt on Jan. 3.CNBC - 1h -
New Zealand won't 'get rich' by focusing trade in the South Pacific alone, PM says
New Zealand is the latest country to sign an economic partnership with the United Arab Emirates.CNBC - 2h -
Intel to spin off venture capital arm as chipmaker continues to restructure
Intel said Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm.CNBC - 6h -
Fund manager reveals what needs to change for her to invest in luxury stocks
Hannah Gooch-Peters of Sanlam Investments explains why she's cautious on luxury stocks like LVMH.CNBC - 5h
More in Business
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South Korea's President Yoon Suk Yeol arrested as agencies probe his short-lived martial law decree
This was the second bid to arrest the impeached president, following a failed attempt on Jan. 3.CNBC - 1h -
New Zealand won't 'get rich' by focusing trade in the South Pacific alone, PM says
New Zealand is the latest country to sign an economic partnership with the United Arab Emirates.CNBC - 2h -
South Korea’s President Yoon arrested after stand-off with police
Predawn raid on impeached leader’s compound marks latest twist in political crisis over failed martial law bidFinancial Times - 2h -
SEC lawsuit against Elon Musk is a big political test for Trump administration
Trump appointee Paul Atkins is set to face a major minefield upon taking over leadership of the SEC, given Musk’s close ties to the incoming president.MarketWatch - 3h -
Cookies, Cocktails and Mushrooms on the Menu as Supreme Court Hears Bank Fraud Case
In trying to find the line between false statements and misleading ones in the case of a Chicago politician, members of the Supreme Court posed colorful questions.The New York Times - 3h