Microsoft breaks from 30-year tradition of naming rivals in filings
The Windows and CoPilot maker now describes its competitive landscape with references only to categories like productivity software, PC operating systems, and cloud infrastructure. The change was intended to reflect the 'fast-moving nature' of today's technology markets, CNBC reported, citing a company spokesperson, with a focus on broader market dynamics rather than individual players.
Despite the omission in official filings, Microsoft executives continue to acknowledge competitors in other forums. CEO Satya Nadella referenced Amazon during the company's recent earnings call. Scott Guthrie, executive vice president of Microsoft's Cloud and AI group, pointedly noted at a May conference that 'some cloud providers, like AWS, still haven't launched a GB200 offering.' The comment referred to Nvidia's GB200 NVL72 systems, which integrate 72 high-powered graphics processing units. While Microsoft is stepping back from naming names, it's not alone in doing so. Amazon hasn't listed competitors in its reports since 1999. Tesla last did so in 2020, and Google's parent company, Alphabet, halted the practice after 2022.
Microsoft recently reported a strong June quarter, posting a 24% jump in net income at $27.2 billion, primarily driven by growth in AI and cloud technology. The stronger-than-expected earnings and bullish guidance propelled Microsoft's share, with market capitalisation briefly crossing the $4-trillion mark, making it the second company after Nvidia to achieve the milestone.
Also Read: Microsoft layoffs: Job cuts weigh heavily on me, says CEO Satya Nadella
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Today
35 minutes ago
- India Today
iPhone 15 price cut by Rs 10,000
iPhone 15 price cut by Rs 10,000 By Ankita Garg Reliance Digital is selling the iPhone 15 smartphone at the lowest price possible on its platform, giving people another chance to buy it at a discounted rate. Here is everything you need to know. The iPhone 15 is listed on Reliance Digital at Rs 59,900, down from its current official retail price of Rs 69,900. So, you are getting a flat discount of Rs 10,000. The mentioned price is for the 128GB storage model and yellow version. This is a good deal for many iPhone lovers. The iPhone 15 is one of the best iPhones from Apple and it has a compact 6.1-inch display and comes in five vibrant colours: pink, yellow, green, blue, and black. The device doesn't offer support for Apple Intelligence (AI), but it will still offer a good experience to power users. Apple is anyway yet to make its AI game strong, so iPhone 15 buyers won't be missing out on anything. With a 48-megapixel primary camera, the iPhone 15 captures stunning photos in various lighting conditions. Apple says the battery of iPhone 15 is designed for all-day usage, but people can expect around 9 hours of battery on an average. The A16 Bionic chip provides improved speed and efficiency compared to the previous generation. The iPhone 15 also adopts the universal USB Type-C charging port, replacing the Lightning connector.
Indian Express
2 hours ago
- Indian Express
Indian man travels to Vietnam to buy MacBook, saves over Rs 35k while enjoying vacation
A Reddit user has sent the Internet abuzz after he shared his money-saving strategy to buy a new MacBook at a significantly lower price, and a bonus point? Enjoy an 11-day beach vacation in Vietnam. Astonishingly, he still ended up spending less than the cost of buying the device in India. Sharing a breakdown of the expense, the man explained that he cut down on the high cost of Apple products in India, which is driven by steep import duties, Goods and Services Tax (GST), and Apple's premium pricing model. 'If you're planning to buy a MacBook or iPhone worth Rs 2 lakh+ in India, trust me, it's worth making a short trip to Vietnam. You'll get the device cheaper and squeeze in a mini vacation,' he wrote on Reddit. According to the post, he booked the most affordable round-trip flight to Hanoi, worked remotely during the stay, and spent his free time exploring the city. As part of the mission, he also visited over 15 stores in search of the best deal. The man further shared that the staff at one store even assisted in unboxing the MacBook for inspection and then resealed it to ensure eligibility for VAT refund at the airport. 'Net savings on MacBook alone: Rs 36,500. So basically, add Rs 5K and you got yourself a brand-new MacBook and a vacation in Vietnam,' the user summed up. 'Final total I spent: MacBook + 11-day trip total: Rs 2,08,117 (before refund). After tax refund: Rs 1,97,000 approx. So if I deduct the cost of the MacBook alone, my 11-night Vietnam trip was just Rs 48K — and that too while working!' the post added. See the post here: I flew to Vietnam from India just to buy a MacBook byu/Shuict inmacoffer The post immediately went viral, with a range of reactions. 'Such a great post. Although I just got my Mac your post really made me wanna visit Vietnam for no reason,' a user wrote. 'Woohoo champ. I have travelled to Vietnam twice in past and I just loved the country. Probably will be travelling again for work later this year and I am definitely inspired by you,' another user commented. 'Came for the MacBook offer stayed for the Vietnam trip report,' a third user reacted.
Time of India
2 hours ago
- Time of India
Top Meta engineers have joined xAI: CEO Elon Musk
Billionaire Elon Musk has finally waded into the ongoing AI talent battle initiated by Meta CEO Mark Zuckerberg . The competition for top talent has seen companies such as Apple , Google, and Microsoft losing key people, especially to Meta 's newly formed Superintelligence to X, Musk revealed that many former Meta engineers have joined his AI startup, xAI . However, he pointed out that unlike Meta, xAI isn't offering 'insane' pay packages.'Many strong Meta engineers have and are joining xAI and without the need for insane initial comp (still great, but not unsustainably high),' Musk posted.'Also, xAI has vastly more market cap growth potential than Meta,' he went on to describe his company as being 'hyper merit-based' and said, 'Do something great and your comp can shift substantially higher'.On Sunday, Musk posted a shoutout to engineers, saying, 'For ultra-hardcore engineers, @xAI is the place to be.'Musk isn't alone in calling out Meta for its high compensation offers. Sam Altman, the CEO of OpenAI , which has been Meta's prime poaching target, has also made similar remarks on Zuckerberg's aggressive hiring tactics, noting that some bonuses go up to $100 the Meta founder has dismissed these claims, saying the numbers are 'inaccurate'.Speaking to investors, he explained, 'We're building an elite, talent-dense team. If you're going to be spending hundreds of billions of dollars on computers and building out multiple gigawatts of clusters, then it really does make sense to compete super hard and do whatever it takes to get, you know, 50 or 70 or whatever it is, top researchers to build your team.'Some of Meta's major hires in recent months include Daniel Gross (CEO of AI startup Safe Superintelligence), Ruoming Pang (leader of Apple's Foundation Models team), and Nat Friedman (former GitHub CEO), along with several other top researchers from big and small companies.
