Business Archive

The Windows and Surface team split last year when Panos Panay left, with Parakhin’s team building AI-powered web services like Bing Chat / Copilot. Then, this spring, in a shake up as Mustafa Suleyman became CEO of Microsoft AI, Parakhin was out.

The web browser and search startup confirmed to TechCrunch that 27 roles have been axed, but provided no explanation for the cuts.

George Clooney and Brad Pitt “...gave money back to make sure that we had a theatrical release” in thousands of theaters, but just ahead of a big Olympics marketing push, the Wolfs plan changed to a limited one-week run before its Apple TV Plus debut.

More than 1,000 people will lose their jobs — and others will be relocated to sites outside China. This follows Microsoft’s similar move in May. In a call, an IBM exec blamed increasing competition in China.

Edgar Bronfman Jr., who put in a $6 billion bid for control of Paramount last week, would want to partner with a company like Amazon or Apple to bolster Paramount’s streaming service, according to a report from Bloomberg.

In a letter seen by The Wall Street Journal, Skydance’s lawyers accuse Paramount of breaking their merger agreement by dragging out the amount of time it can review other bids, and said:

Mineral, which Alphabet shut down last month, says it has sold some of its technology to John Deere to support the company’s See & Spray product, according to a memo posted last week. The startup also confirms that the berry company Driscoll will use Mineral’s tech to “better forecast yields, optimize quality inspections, and reduce food waste.”

Media investor Edgar Bronfman Jr. increased his offer to acquire Paramount from $4.3 billion to $6 billion, according to CNBC. Paramount has since extended its “go shop” period to 15 days, which allows it to review offers from other potential buyers. The offer could potentially upend the sweetened deal it reached with Skydance last month.