Browsing: Microsoft

In a scathing indictment of Microsoft corporate security and transparency, a Biden administration-appointed review board issued a report Tuesday saying “a cascade of errors” by the tech giant let state-backed Chinese cyber operators break into email accounts of senior US officials including Commerce Secretary Gina Raimondo.

Microsoft is cutting around 1,900 employees in its gaming unit Activision Blizzard and Xbox this week, CNBC reported on Thursday, citing an internal memo from Microsoft Gaming CEO Phil Spencer.  

Strength in technology stocks lifted the Nasdaq Composite nearly 1.3% as of 11:45 a.m. on Wednesday, helping the tech-heavy index bounce back…