Microsoft reports strong earnings as Azure hit by major outage

Tech giant reports earnings of $3.72 per share day after deal with OpenAI pushed value of company to more than $4tn

Microsoft blew off concerns of overspending on AI on Wednesday, reporting elevated earnings even as it faced an outage of its cloud computing service, Azure, and its office software suite, 365. The strong earnings report comes a day after a deal with OpenAI pushed the value of tech giant to more than $4tn.

After its Xbox and investor relations pages went down, the company issued a statement that said: “We are working to address an issue affecting Azure Front Door that is impacting the availability of some services.”

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Donald Trump joins royals for state banquet at Windsor as thousands protest against US president’s visit – UK politics live

Politicians, dignitaries and high-profile tech entrepreneurs attend feast

Lucy Powell has hit out at the “sexist” framing of her deputy Labour leadership campaign, with people claiming she and her rival, Bridget Phillipson, are standing as “proxies” for two men, Aletha Adu reports.

Most of Donald Trump’s policies horrify progressives and leftwingers in Britain, including Labour party members and supporters, but Keir Starmer has said almost nothing critical about the Trump administration because he has taken a view that maintaining good relations with the White House is in the national interest.

I understand the UK government’s position of being pragmatic on the international stage and wanting to maintain a good relationship with the leader of the most powerful country in the world. Faced with a revanchist Russia, Europe’s security feels less certain now than at any time since the second world war. And the threat of even higher US tariffs is ever present.

But it’s also important to ensure our special relationship includes being open and honest with each other. At times, this means being a critical friend and speaking truth to power – and being clear that we reject the politics of fear and division. Showing President Trump why he must back Ukraine, not Putin. Making the case for taking the climate emergency seriously. Urging the president to stop the tariff wars that are tearing global trade apart. And putting pressure on him to do much more to end Israel’s horrific onslaught on Gaza, as only he has the power to bring Israel’s brazen and repeated violations of international law to an end.

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Trump hosts US tech leaders at White House dinner – minus Elon Musk

Tesla CEO’s absence is marked departure from his constant presence at the White House in early days of Trump 2.0

As Donald Trump hosted leaders from the biggest US tech companies at a lavish White House state dining room dinner on Thursday night, there was one notable absence. Elon Musk, once inseparable from Trump and a constant, contentious presence in the White House, was not in attendance.

The dinner, which included Meta’s Mark Zuckerberg, Microsoft’s Bill Gates, Apple’s Tim Cook and OpenAI’s Sam Altman, was exactly the type of event where Musk would have sat at Trump’s right hand only a few months ago. Instead, the Tesla CEO stated on his social media platform X that he had been invited but could not make it. He said he planned to send a representative and spent the day on X posting a familiar stream of attacks on immigration and trans people.

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Activists in Netherlands protest on roof of Microsoft site storing Israeli military data

Demonstration follows revelation firm’s servers holding huge collection of intercepted Palestinian phone calls

Activists have staged a protest on the roof of a Microsoft datacentre in the Netherlands after revelations the Israeli military is storing large volumes of data in the country.

Images posted on social media showed some of the activists blocking access to the large Microsoft facility in the north-west of the country on Sunday, while others scaled the building’s roof and lit flares.

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Nvidia becomes first company to reach $4tn in market value

Ongoing surge in demand for AI technology fueled stratospheric rise of chipmaker’s value

Chipmaker Nvidia became the first public company in history to scale a $4tn market value on Wednesday as its stock price continues a years-long stratospheric rise.

Shares of the top chip designer rose roughly 2.4% to $164, benefiting from the ongoing surge in demand for artificial intelligence technologies. Nvidia’s chips and associated software are considered world leaders for building artificial intelligence products.

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FTC drops case over Microsoft’s $69bn Activision Blizzard acquisition

Microsoft president declares ‘victory’ in Call of Duty maker deal as FTC chair says case doesn’t fit with Trump’s agenda

The US Federal Trade Commission dropped a case that sought to block Microsoft’s $69bn purchase of the Call of Duty maker Activision Blizzard, saying on Thursday that pursuing the case against the long-closed deal was not in the public interest.

Andrew Ferguson, the FTC chair, is seeking to use the agency’s resources for cases that fit with Donald Trump’s agenda, such as an investigation related to whether advertisers colluded to spend less on X.

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Microsoft employee interrupts CEO’s keynote with pro-Palestinian protest

Protester is engineer who worked on Azure software, which enabled Israeli surveillance of Palestinians

A Microsoft employee disrupted a keynote speech by the company’s chief executive with a pro-Palestinian protest at the company’s annual developer conference on Monday.

Joe Lopez, a Microsoft firmware engineer who worked on parts of the company’s cloud-computing platform, Azure, was escorted out the Build conference by security nearly immediately after he confronted Satya Nadella.

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Microsoft to lay off 6,000 workers despite streak of profitable quarters

Cuts follow push to slim management ranks, despite headcount still being up year-on-year in March

Microsoft says it is laying off nearly 3% of its entire workforce.

The tech giant didn’t disclose the total amount of lost jobs, but it will amount to about 6,000 people. Microsoft employed 228,000 full-time workers as of last June, the last time it reported its annual headcount. About 55% of those workers were in the U.S.

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Microsoft to report earnings as AI financial boom shows no sign of slowing

Company has beaten Wall Street expectations in each of its previous three quarterly earnings reports

Microsoft will report its earnings for the third quarter of the fiscal year after the stock market closes on Wednesday. Analysts have predicted that revenue would grow by 10.6% year-over-year to $68.4bn, even as the company plows tens of billions into artificial intelligence as well as earnings-per-share of $3.22. The company has beaten Wall Street’s expectations on each of its previous three quarterly earnings reports.

Analysts said they view the earnings report as a temperature check on Microsoft’s artificial intelligence business, which has announced it will invest around $80bn in this fiscal year alone, though it has also terminated some data center leases in recent months. The company has invested billions in OpenAI in recent years, giving it a large stake in the ChatGPT developer.

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‘Silicon Six’ accused of avoiding almost $278bn in US corporation taxes over 10 years

Analysis finds Amazon, Meta, Alphabet, Netflix, Apple and Microsoft averaged 18.8%, compared with 29.7% US average

The big American tech firms known as the “Silicon Six” have been accused of paying almost $278bn (£211bn) less corporate income tax in the past decade compared with the statutory rate for US companies making the same profits.

Amazon, Meta, Alphabet, Netflix, Apple and Microsoft generated $11tn of revenue and $2.5tn of profits over the past 10 years.

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US authors’ copyright lawsuits against OpenAI and Microsoft combined in New York with newspaper actions

California cases over AI trainers’ use of work by writers including Ta-Nehisi Coates and Michael Chabon transferred to consolidate with New York suits from John Grisham and Jonathan Franzen and more

Twelve US copyright cases against OpenAI and Microsoft have been consolidated in New York, despite most of the authors and news outlets suing the companies being opposed to centralisation.

A transfer order made by the US judicial panel on multidistrict litigation on Thursday said that centralisation will “allow a single judge to coordinate discovery, streamline pretrial proceedings, and eliminate inconsistent rulings”.

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Some British firms ‘stuck in neutral’ over AI, says Microsoft UK boss

Survey of bosses and staff finds that more than half of executives feel their organisation has no official AI plan

Some companies are “stuck in neutral” in their approach to artificial intelligence, according to Microsoft’s UK boss, who said a significant number of private and public sector organisations lack any formal AI strategy.

A Microsoft survey of nearly 1,500 UK senior leaders across public and private sectors, as well as 1,440 employees, found that more than half of executives feel their organisation has no official AI plan. Roughly the same proportion report a growing gap in productivity – a measure of economic efficiency – between employees who use AI and those who do not.

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Ireland prices corporation tax loss from Trump policies at €10bn

Figure costed for three multinationals repatriating to US after nomination for commerce secretary hits out at Ireland’s tax regime

Ireland’s prime minister has said the country could lose €10bn (£8.35bn) in corporate tax if just three US multinationals were repatriated to America under a hostile Donald Trump administration.

His remarks come just days after Trump nominated the Wall Street investor Howard Lutnick to lead the Department of Commerce with direct responsibility for trade.

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EU events on curbing big tech ‘distorted’ by attenders with industry links

Campaigners say 21% of people at workshops did not disclose on their applications relationships with firms being discussed

More than one in five attenders at EU events on regulating big tech companies did not disclose links to the industry when applying to take part, according to transparency campaigners who say hidden networks are distorting public debate.

Researchers at three NGOs analysed nearly 4,000 registrations at European Commission workshops organised earlier this year to test companies’ compliance with the Digital Markets Act (DMA), a law to curb anti-competitive behaviour.

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Talk to your plants? Now the first AI-powered garden will allow them to talk back

Collaboration between leading garden designer and Microsoft to go on display at Chelsea flower show 2025

Hardcore gardeners sometimes, when no one else is listening, talk quietly to their prize blooms. But at next year’s Chelsea flower show, visitors will be encouraged to have a chat with its first ever AI-powered garden.

The garden designer Tom Massey has partnered with Microsoft to create the Avanade “intelligent” garden. Sensors in the soil are partnered with an AI trained on Royal Horticultural Society plant data and gardening advice, meaning visitors can ask the garden: “How are you?”

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Microsoft introduces ‘AI employees’ that can handle client queries

US company gives customers the ability to build own virtual agents as well as releasing 10 off-the-shelf bots

Microsoft is introducing autonomous artificial intelligence agents, or virtual employees, that can perform tasks such as handling client queries and identifying sales leads, as the tech sector strives to show investors that the AI boom can produce indispensable products.

The US tech company is giving customers the ability to build their own AI agents as well as releasing 10 off-the-shelf bots that can carry out a range of roles including supply chain management and customer service.

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CrowdStrike to apologize for global IT outage in congressional testimony

Faulty update from cybersecurity company ground hospitals, airports and payment systems to halt in July

A CrowdStrike senior executive will apologize for causing a global software outage that ground the operations of hospitals, airports, payment systems and personal computers around the world to a halt in July.

Adam Meyers, senior vice-president for counter adversary operations at CrowdStrike, is slated to testify before Congress on Tuesday. Meyers will speak to the House homeland security cybersecurity and infrastructure protection subcommittee. In testimony made available before the hearing, he wrote: “I am here today because, just over two months ago, on July 19, we let our customers down … On behalf of everyone at CrowdStrike, I want to apologize.” He will say the company has undertaken “a full review of our systems” to prevent the cascade of errors from occurring again.

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Three Mile Island nuclear reactor to restart to power Microsoft AI operations

Pennsylvania plant was site of most serious nuclear meltdown and radiation leak in US history in 1979

A nuclear reactor at the notorious Three Mile Island site in Pennsylvania is to be activated for the first time in five years after its owners, Constellation Energy, struck a deal to provide power to Microsoft’s proliferating artificial intelligence operations.

The plant was the location of the most serious nuclear meltdown and radiation leak in US history, in March 1979 when the loss of water coolant through a faulty valve caused the Unit 2 reactor to overheat. More than four decades later, the reactor is still in a decommissioning phase.

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Russia propaganda group behind fake Kamala Harris hit-and-run story, says Microsoft

Microsoft researchers found that the group created a video, paid an actor to appear as the alleged victim, and spread the claim through a fake website

A false claim circulating on social media that Kamala Harris was involved in an alleged hit-and-run in San Francisco in 2011 is the work of a covert Russian disinformation operation, according to new research by Microsoft.

Researchers found that the group created a video, paid an actor to appear as the alleged victim, and spread the claim through a fake website for a nonexistent San Francisco news outlet named KBSF-TV. The Russian group responsible, which Microsoft dubs Storm-1516, is described as a Kremlin-aligned troll farm.

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Sydney commuters face delays as light rail workers strike – as it happened

This blog is now closed

Emergency meetings to assess IT outage fallout

Further emergency meetings will be held to examine the fallout of a global IT outage in Australia, AAP reports.

We are still in recovery stage … there is still more work to do to make sure that the residual issues arising from this outage are able to be addressed.

There will be opportunity in time to reflect on what’s occurred over the last couple of days, whether it exposes vulnerabilities that we are able to address.

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