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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

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Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
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Microsoft cuts many open job listings in weakening economy

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Dina Bass
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By
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July 20, 2022, 7:14 PM ET
Satya Nadella, chief executive officer of Microsoft.
Satya Nadella, chief executive officer of Microsoft. Hollie Adams—Bloomberg/Getty Images
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Microsoft is eliminating many open job listings, including in its Azure cloud business and its security software unit, as the economy continues to weaken.

The hiring freezes will continue for the foreseeable future, Microsoft said, while declining to comment further on which departments and businesses are impacted. The company said it is honoring job offers that have already been made for open roles, and will make some exceptions for critical roles. It’s an expansion of a hiring slowdown disclosed in May, which mostly affected its Windows, Office and Teams groups. 

Earlier this month, Microsoft cut less than 1% of its 180,000-person workforce, affecting groups such as consulting and customer solutions, but had said it planned to finish the current fiscal year with increased headcount. The moves follow others in technology. Google Chief Executive Officer Sundar Pichai told staff to expect a hiring slowdown for the remainder of the year. Apple Inc. is also planning to slow hiring and spending at some divisions next year, people familiar with the matter said Monday.

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