Microsoft quarterly results saved by cloud computing

Microsoft chief executive Satya Nadella last week said he was laying off about five percent of the company’s workforce, just days before pumping several billion dollars into OpenAI

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Microsoft is trying to overcome major regulatory hurdles to complete its buyout of video gaming giant Activision Blizzard. (AFP)
By NewVision Reporter
Journalists @NewVision
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Microsoft on Tuesday said sales slowed and profits slumped in the last quarter of 2022 as a darkening economic outlook pushed it to lay off 10,000 workers.

The Washington state-based tech

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