Microsoft will lay off around 1,900 employees in its gaming unit, or around 9% of headcount, according to a Thursday memo obtained by CNBC.
Microsoft has been valued at more than $3 trillion (€2.7 trillion), partly due to its investment in AI-based projects.
40-year-old Russian national Vladimir Dunaev has been sentenced to five years and four months in prison for his role in creating and distributing the TrickBot malware, the U.S. Department of Justice (DoJ) said.
Elon Musk said Chinese electric automakers will find “significant” success outside of China, even as his firm Tesla faces intense competition from these same companies.
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