Microsoft is offering a voluntary retirement buyout to certain US employees who meet a specific age-plus-service threshold. The company says eligibility is based on years worked at Microsoft and current age adding up to 70 or more. Workers who qualify may choose retirement early under the program, reshaping workforce planning and payroll costs.
Daniel Shapero has been appointed CEO of LinkedIn, taking over from Ryan Roslansky. Shapero joined the platform in 2008 and most recently served as COO, moving steadily up over more than a decade. The change is also tied to Microsoft’s wider reorganisation, with plans to weave AI more deeply across its products and services.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
OpenAI and Microsoft are deepening their cybersecurity partnership as AI-driven attacks rise. The companies plan to deploy advanced artificial intelligence tools to strengthen defenses, with OpenAI’s models made accessible to Microsoft. In return, Microsoft will apply its cybersecurity expertise to protect OpenAI’s systems and help safeguard customers, aiming to stay ahead of evolving cyber risks.
Elon Musk, who co-founded OpenAI in 2015, says any proceeds from his ongoing legal fight against the company will go to charity. His California lawsuit alleges he invested over $40 million expecting OpenAI to remain a non-profit with open research, accusing it of breaking founding principles after creating a for-profit arm and deepening ties with Microsoft.
Microsoft has surged during the AI gold rush, with its stock up over 41% this year—far outpacing the S&P 500. Even as some investors worry it has run too fast, analyst Dan Ives predicts Microsoft can join Apple in the $3 trillion club by early 2024, supported by its expanded OpenAI investment totaling more than $13 billion.
Microsoft is reportedly set to conduct its first voluntary employee buyout in its 51-year history. The company is also changing how it grants stock for annual rewards, according to the report. Instead of requiring managers to tie stock directly to cash bonuses, Microsoft plans to separate these incentives—signaling a shift in internal compensation strategy.
Never miss a story
Set alerts for the topics and sources you care about. Download Beige for free.
Meta says it is cutting about 8,000 jobs, roughly 10% of its workforce, to improve efficiency and accelerate spending on AI infrastructure and top-tier AI hires. The company will also leave around 6,000 roles unfilled. At the same time, Microsoft is reportedly preparing voluntary buyouts for thousands of U.S. employees, signaling broader cost-control moves across Big Tech.
Microsoft 365 users reported a major outage earlier, but the situation eased quickly. According to Downdetector, complaints dropped from about 17,000 earlier to just 136 by 5.38 p.m. ET. Downdetector aggregates user reports from multiple sources, suggesting Microsoft’s productivity platforms recovered rapidly after disruption.
Swipe through stories, personalise your feed, and save articles for later — all on the app.