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Microsoft is rethinking its gaming business, and one of its first steps is shedding staff.The tech giant laid off 4,800 employees on Monday, accounting for roughly 2.1% of its global workforce. The cuts, which BI’s Ashley Stewart first reported last week, mostly impact Microsoft’s sales and Xbox business.Xbox accounted for…
Flyers hoping for cheaper flights this summer may be disappointed.Oil prices — airlines’ second-largest expense after labor — have tumbled below $80 a barrel from highs above $100 after the US and Iran announced a preliminary agreement to end the nearly four-month war that closed the Strait of Hormuz, a…
If you try asking Anthropic’s new Claude Fable 5 model a simple question about cybersecurity or biology, you may find it’s not up to the task.That’s because the underlying “Mythos-class” model is so powerful that, in order to release it to the general public, it required broad safeguards that can…
This as-told-to essay is based on a conversation with Madalyn Conchola, 62, who lives in Phoenix. Conchola adopted four of her granddaughters, ages 7 to 19. She said the financial hit has been tough, but her granddaughters have been thriving. This interview has been edited for length and clarity.I was…
After nearly 12 years of courtroom warfare, mounting legal bills, and family office intrigue, the world’s second-richest person has hit another snag in his quest to own paradise.Google cofounder Larry Page and his wife, Lucinda Southworth, purchased two islands in the US Virgin Islands — Hans Lollik and the smaller…
