Microsoft hit with SharePoint attack affecting global businesses and governments

A Microsoft store in New York, US, on Friday, Oct. 25, 2024.  Jeenah Moon | Bloomberg | Getty Images Microsoft has warned of “active attacks” targeting its SharePoint collaboration software, with security researchers noting that organizations worldwide stand to be affected by the breach. The Cybersecurity and Infrastructure Security Agency said Sunday in a release…

Microsoft stops relying on Chinese engineers for Pentagon cloud support

Microsoft Chairman and Chief Executive Officer Satya Nadella (L) returns to the stage after a pre-recorded interview during the Microsoft Build conference opening keynote in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images Microsoft on Friday revised its practices to ensure that engineers in China no longer provide technical support…

San Francisco rolls out Microsoft’s Copilot AI for 30,000 city workers

San Francisco Mayor Daniel Lurie announced Monday that generative artificial intelligence will be available to 30,000 workers across the city’s government, leaning into the city’s role as a leader in AI. The city will use Microsoft 365 Copilot Chat, powered by OpenAI’s GPT-4o, for employees like nurses and social workers to improve city services. “It’s…

These are America’s 10 strongest state economies best prepared for a recession

With the U.S. economy solid but still facing elevated risk of recession — or, as President Trump described it in May, in a “transition period” — states are pitching themselves as the most stable place for companies to locate no matter what happens to the economy. “Multiple international headquarters, hundreds of billions of committed investments…

Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street

The newest hire at Goldman Sachs isn’t human. The bank is testing an autonomous software engineer from artificial intelligence startup Cognition that is expected to soon join the ranks of the firm’s 12,000 human developers, Goldman tech chief Marco Argenti told CNBC. The program, named Devin, became known in technology circles last year with Cognition’s…

2 of our banks just boosted their dividends. Here’s how their increases stack up versus our other names

Goldman Sachs and Wells Fargo shares hit record highs Wednesday after the Wall Street banks announced dividend hikes following Tuesday’s close. Both join the laundry list of Club holdings to hike their payouts to investors in 2025. After the financial firms passed the Federal Reserve’s annual stress test on Friday night, Goldman said Tuesday that…

Jim Cramer explains how Microsoft, Meta and Nvidia led the Mag 7 pack in the first half of 2025

CNBC’s Jim Cramer on Tuesday pointed out that three megacap tech names managed to exit the first half of the year at all-time highs: Microsoft, Nvidia and Meta. He reviewed each company and explained why he thinks they have outperformed their “Magnificent Seven” peers. “Not FANG. Not Magnificent Seven. Just M-N-Ms,” Cramer said. “The sole…