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IRS audit finds Microsoft owes nearly $29 billion in taxes, company plans to appeal

GeekWire

(GeekWire File Photo) An IRS audit examining nearly a decade of Microsoft financial reporting has found that the company owes $28.9 billion in tax for 2004 to 2013, plus penalties and interest, Microsoft said Tuesday afternoon. The determination is not final, and the company says it plans to appeal.

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Jeff Bezos bumps Elon Musk from billionaires top spot with net worth of $200.3B

GeekWire

(Musk Photo: TED via YouTube; Bezos Photo: GeekWire / Kevin Lisota) Jeff Bezos is back on top of the Bloomberg Billionaires Index for the first time since 2021, overtaking Elon Musk as the richest person in the world with a net worth of $200.3 The stock fell after February vehicle shipments fell in China, the company’s largest market.

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Net Threats: Internet Openness in Danger

CTOvision

Reflecting the increasing attention paid to information security by many Americans, Pew Research recently conducted a large study, “ Net Threats ”, to identify important trends among technology experts’ opinions and predictions regarding the future of digital security. American tech companies have also objected to the proposed rules.

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Microsoft buys AI speech tech company Nuance for $19.7 billion

The Verge

Microsoft is buying AI speech tech firm Nuance for $19.7 Microsoft will pay $56 per share for Nuance, a 23 percent premium over the company’s closing price last Friday. Microsoft will pay $56 per share for Nuance, a 23 percent premium over the company’s closing price last Friday.

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Capital spending soars in the cloud as Microsoft, Google, and others bet big on AI demand

GeekWire

These servers inside a Microsoft data center in Quincy, Wash., were the first to be powered by the company’s Azure Cobalt 100 CPU, as part of a broader cloud infrastructure buildout. Microsoft’s capital expenditures rose 79% to a record $14 billion in the March quarter. billion in revenue. What about Amazon?

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As AI use surges, tech companies race to secure clean energy and preserve climate goals

GeekWire

Microsoft has an agreement with the startup to purchase its clean power — if the company is able to produce it. Meanwhile, Amazon and Microsoft continue to ink green power deals. 1 corporate purchaser of clean power globally, while Microsoft is No. Amazon for years has ranked as the No. 2, according to BloombergNEF.

Energy 105
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Alaska Airlines launches investment arm to support goal of net-zero carbon emissions by 2040

GeekWire

Alaska Airlines on Monday announced the launch of Alaska Star Ventures to invest in new aviation technologies as part of the airline’s goal to reach net zero carbon emissions by 2040. Our filter is how do we get our operation to net zero and what are technologies that can help us along that path,” said Rakow.

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