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Microsoft’s stock market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world’s second most valuable company, just behind iPhone maker Apple. Microsoft and Apple shares have been vying for the top spot as the most capitalized stock on Wall Street since the start of the year, with…

Google parent Alphabet will reportedly lay off dozens of workers in a secretive division that develops new technology as part of the search giant’s broader cost-cutting push. In recent months, the division, called X Lab, has been in talks with venture capitalists, sovereign wealth funds and private equity firms on funding, people familiar with the matter…

Amazon has nixed plans to buy Roomba maker iRobot after the companies mutually determined the pending acquisition has “no path to regulatory approval in the European Union.” In a related announcement Monday, iRobot revealed that it would lay off about 350 employees, or 31% of its overall workforce, as part of a restructuring effort. Colin…

Bilt Rewards, a New York-based startup that operates a loyalty platform where users can earn points on rent payments, has more than doubled its valuation to $3.1 billion – and added NFL Commissioner Roger Goodell and former American Express CEO Kevin Chenault to its board. Led by former Tinder executive Ankur Jain, the New York-based…

A tech worker posted a nine-minute video of herself getting fired went viral on TikTok last week — and she said she has been inundated with messages from other, out-of-work colleagues who wish they had done the same thing. Brittany Pietsch, 27, who worked as an account executive at Cloudfare until she was laid off…

Microsoft said Thursday that it would eliminate 1,900 roles in its video game division, including at Activision Blizzard, which it acquired for $69 billion three months ago. The job cuts will be made at the video game giant Activision, the maker of hit games like Call of Duty and Guitar Hero, as well as Xbox,…