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Last month, Xbox executives laid out some “hard truths” about Microsoft’s struggling gaming division that they said would require a difficult “Xbox reset.” This morning, Microsoft revealed the brutal shape of that “reset,” announcing plans for 3,200 layoffs and the divestment of

Microsoft is set to lay off 4,800 workers, around 2.1 percent of its workforce. Gaming division Xbox was among the worst hit, but cuts came across the entire business, particularly with sales teams. Microsoft Cloud employees were caught up in the layoffs, while others recently le

I’ve long argued that Hollywood has simultaneously set and ruined our expectations for smart glasses. But after binge-watching two seasons of Netflix’s A Man on the Inside, this is perhaps the first time I’ve seen Hollywood, perhaps inadvertently, illustrate the biggest cultural

Shift into high gear with agents: Securing the software-defined vehicle Florian Haubner Industry Architect Lead Automotive EMEA Vesselin Tzvetkov Senior Cybersecurity Advisor, Office of the CISO The automotive industry is at a pivotal crossroads as it hits the gas on adopting new

Every year, the International Conference on Machine Learning (ICML) reveals where thousands of AI researchers have decided to put their work. This year’s accepted papers reveal a clear direction: open frontier models and open AI infrastructure have become foundational to how mode

Off the Wire Press Releases July 6, 2026 — Today’s quantum devices often look clean and well-controlled, but the physics inside is far richer and less forgiving. Researchers at Jülich, together with Nobel laureate John M. Martinis and collaborators at MIT, have developed a new fr

Over the last five years, retail media has largely become synonymous with digital ad buys — on-site placements expanding into social, programmatic and connected TV. The investment story is real: U.S. retail media ad spending is expected to reach $69.33 billion in 2026. But here's

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Formula 1 returned to what is a home race for most of the teams on the grid this past weekend with the British Grand Prix. Yet again this season, we saw the fastest car not win the race, as reliability has been a problem. But racing giveth and racing taketh away, and the benefici

Microsoft 'resets' Xbox by cutting 3,200 jobs this year, divesting five game studios — firm cites 'margins that are 3-10x lower than comparable platform and publishing businesses' 1,600 jobs will be eliminated today, the rest throughout FY27 Microsoft's gaming division, Xbox, wil

Hilary Duff is now part of the Bath & Body Works family. The pop star, who is touring for the first time in nearly two decades, is the brand ambassador and creative partner on the retailer’s new franchise, Fruit Fusion. Fruit Fusion features four scents: Watermelon Whirl, Tangeri

The News Gwynne Shotwell, SpaceX’s president and chief operating officer, said she plans to donate $320 million of stock in Elon Musk’s rocket company to investment accounts for kids that the Trump administration launched on the Fourth of July. Shotwell said she would donate one

Klarna, the Swedish fintech firm best known for its buy now, pay later offerings, said Monday it applied to federal and state regulators to establish a U.S. bank subsidiary. The firm said that, if approved, Klarna Bank USA would be a Federal Deposit Insurance Corp.-backed institu

Klarna, the Swedish fintech firm best known for its buy now, pay later offerings, said Monday it applied to federal and state regulators to establish a U.S. bank subsidiary. The firm said that, if approved, Klarna Bank USA would be a Federal Deposit Insurance Corp.-backed institu

Microsoft cut around 4,800 roles, or 2.1% of its global workforce, on Monday — the latest in a series of layoffs that’s stoking fears that AI will replace people at companies. The layoffs will hit Xbox and commercial sales the hardest, with Xbox losing 1,600 staffers today, accor

D2CX by Inc42 is a 12-week hands-on program to help you level up your D2C game. Learn from India's top 1% D2C founders and experts through actionable insights, proven strategies and tactics on how to 10X your D2C brand. view ManagementX by Inc42 – India’s first Startup Management

Working prototype of open-source printer that promises user-repairability and no subscriptions appears in first video — DRM-free 'Open Printer' inkjet still has no announced price, ship date, or print speed, nine months after it first appeared The repairable Open Printer runs on

Primark sales in the U.S. have grown 14% so far this year — 16% in Q3 alone — a sales surge fueled by an international expansion. In an earnings release Wednesday, the Irish apparel retailer noted “good execution across our key growth markets in Europe, the US and the Middle East

It’s easier than ever for bad actors to spew spam across the internet as powerful large language models (LLMs) become effortlessly accessible. If you’ve spent about 10 minutes on the internet in the last few years, you will know that this means spam and bot content have become an

As the United States of America celebrated its 250th birthday on terra firma with fireworks displays this weekend, two Asian countries made some splashes of their own farther from Earth. On Sunday, an aging Japanese spacecraft named Hayabusa2, which completed its initial sample-r

DataHub has teamed up with Hosted AI to launch an AI cloud offering in Nepal. Dubbed YetiCloud.ai, the launch was announced in a July 5 LinkedIn post by DataHub. The company wrote: "With YetiCloud.ai, our goal is to make GPU-powered AI infrastructure accessible to Nepali business

As companies confront declining engagement, rising burnout, rapid technological change, and growing political and regulatory pressures, leaders are rethinking the drivers of performance, trust, and resilience. From workforce policy and AI governance to global competitiveness and

Big Digital Energy, Inc. has acquired land for a planned data center campus outside the Dallas-Fort Worth area of Texas. The Nasdaq-listed company, previously known as Mawson Infrastructure Group, this week announced it had entered into a 50:50 joint venture with energy-infrastru

Bleeding Edge has launched an AI Factory in Querétaro, Mexico, bringing online its neocloud offering. The company claims it is the first neocloud in Mexico and Latin America based on Nvidia Blackwell technology. The announcements form part of the same strategy: to build an integr

T-Mobile has confirmed that it will retire its 2G GSM network next month. Plans to retire the service by August 3, 2026, were announced by the American mobile carrier last week via the company's network evolution webpage. The announcement follows reports that T-Mobile was notifyi

Nations have long invested in domestic infrastructure to advance their economies, protect and use their data, and take advantage of technology opportunities in areas such as transportation, communications, commerce, entertainment and healthcare. AI, the most important technology

The AMD Ryzen AI Halo is a developer system that the company has been teasing for several months. We have seen it in person and can now share our hands-on thoughts. Let us get the headline out first, then get into the details. For $3999, you get an AMD Ryzen AI Max+ 395 mini PC,

Tom's Hardware Verdict The Ryzen AI Halo lives up to its promise as a turn-key local AI platform within AMD’s AI ecosystem, and it comes with helpful docs and useful software to get you rolling quickly. But its performance trails DGX Spark and GB10 boxes, and it’s not much cheape

AMD silicon arguably got here first: Strix Halo mini PCs and laptops were shipping with 128GB of unified memory well before NVIDIA entered the picture. But the local-AI desktop as a category is one NVIDIA effectively created when it put a Grace Blackwell superchip in a one-liter

Actor and entrepreneur Kunal Kapoor has launched doctor led metabolic health platform MetaGO, which is designed to help people manage obesity and related metabolic conditions. Kapoor has transitioned into tech entrepreneurship as the co-founder of Ketto, a crowdfunding platform.

Anthropic on Monday signed a 20-year lease to use a TeraWulf data center in Kentucky. The data center, located about an hour southwest of Louisville in Hawesville, will have capacity of around 400 megawatts with first power delivery expected in the second half of 2027. TeraWulf s

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Cryptomining firm Avax One is set to acquire a site in Canada amid a wider pivot to AI and HPC. The company recently announced it has signed a non-binding letter of intent to acquire the Bantry Data site, a data center site in Alberta, Canada. Under the proposed terms, Avax would

Indonesian telco Indosat Ooredoo Hutchison (IOH) has spun off its fiber business. As part of this, Indosat's fiber business has relaunched as Infra Fiber Teknologi (IFT), an independent fiber infrastructure platform backed by Indosat and Arsari Group, an Indonesian-based investme

Offering a rare glimpse at the priorities of a top spy organization, Canada’s Communications Security Establishment (CSE) said it conducted a handful of state-authorized hacks last year in order to disrupt the operations of drug traffickers, violent extremists, and a ransomware g

You can now use your Sony headphones as a free real-time head tracker for race and flight simulators on PC, several hundred games already supported — enthusiast creates open-source app that translates live sensor data into in-game camera controls A new level of immersion for free

Ulta Beauty's fiscal year is off to a strong start, with Q1 net sales up 11.1% to $3.2 billion and broad-based growth across all channels and major categories, despite persistent economic pressure on consumers, according to the company. Executives have attributed the success in p

Applications have been filed to develop a 99MW data center in California. The proposed project site is located near the intersection of US Highway 395 and State Route 178 in Inyokern, an unincorporated area of Kern County, California. The 238,000 sq ft (22,110 sqm) single-story d

Nvidia has delayed production of its Kyber rack-scale architecture by more than 12 months, pushing its release date to 2028, SemiAnalysis has reported. The Kyber server cabinets, which have been designed to house 144 Rubin Ultra GPUs connected via the company’s NVLink 7 Switch, h

Dive Brief: - American Eagle Outfitters has snapped up Ravi Thanawala — who resigned Tuesday from his post as CFO of Papa John’s International — to succeed long-time finance chief Michael Mathias, effective Aug. 3, American Eagle Outfitters announced Wednesday in a securities fil

D2CX by Inc42 is a 12-week hands-on program to help you level up your D2C game. Learn from India's top 1% D2C founders and experts through actionable insights, proven strategies and tactics on how to 10X your D2C brand. view ManagementX by Inc42 – India’s first Startup Management

TeraWulf has secured AI lab Anthropic as a long-term tenant at its Justified Data campus in Hawesville, Kentucky. The lease will run for 20 years, during which time an estimated $19 billion of revenue will be generated for TeraWulf. Separately, TeraWulf has also divested its owne