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Tag: Microsoft

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Michael Saylor to pitch Microsoft board on Bitcoin buying strategy

MicroStrategy’s Michael Saylor says he’ll get three minutes to pitch Microsoft on why it should buy Bitcoin, claiming it would make it a more stable and less risky stock. Bitcoin bull and MicroStrategy Chairman Michael Saylor says he has agreed to give a three-minute presentation to Microsoft’s board of directors about investing in Bitcoin. “The…
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AI boosts Meta and Microsoft Q3 earnings, but outlook sours stock prices

Meta and Microsoft have reported better-than-expected earnings for the last quarter carried by their AI businesses, but muted outlooks saw their shares drop after hours. Shares in Meta Platforms Inc. and Microsoft Corp both fell in after-hours trading despite strong Q3 earnings on Oct. 30, as executives reduced their earnings outlook and forecasted more AI…
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What happens to Bitcoin price if Microsoft shareholders vote to buy BTC?

Microsoft’s upcoming vote on whether or not to build a Bitcoin position is just another sign of corporations’ and institutional investors’ growing interest in BTC. On Oct. 24, a filing by Microsoft Corp. (MSFT) with the United States Securities and Exchange Commission (SEC) revealed an unexpected item on the agenda for its upcoming annual shareholder meeting on…
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Judge dismisses coders’ DMCA claims against Microsoft, OpenAI and GitHub

The partial dismissal indicates complainants failed to demonstrate that GitHub reproduces human-created code. The judge overseeing a billion-dollar class action lawsuit against GitHub, OpenAI, and Microsoft over the alleged unauthorized use of intellectual property (IP) to train the “GitHub Copilot” artificial intelligence (AI) coding software has partially dismissed the claims against the defendants. This marks…
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Due to Microsoft’s illegal use of Twitter data to train AI, Elon Musk threatens to sue

Key Points: Tesla and Twitter CEO Elon Musk have accused Microsoft of illegally training its AI using Twitter data.  Twitter will no longer be supported by Microsoft’s Smart Campaigns and Multi-platform online social advertising tools. The allegations of unlawful man-made intelligence preparing and selling client information are serious and could have extreme results. Microsoft was…
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