Microsoft

TikTok confirms plan to sue the Trump administration over U.S. ban

TikTok is getting ready to sue the Donald Trump administration in response to the government’s ongoing efforts to get the Chinese company-owned social media platform out of the United States. Reports first surfaced on Friday that TikTok was planning to file a lawsuit against the Trump administration over ongoing efforts to force its parent company,…

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TikTok is getting ready to sue the Donald Trump administration in response to the government’s ongoing efforts to get the Chinese company-owned social media platform out of the United States.

Reports first surfaced on Friday that TikTok was planning to file a lawsuit against the Trump administration over ongoing efforts to force its parent company, ByteDance, to sell to an American interest or cease U.S. operations. Most recently, this effort took the form of a Trump executive order giving ByteDance until mid-November to comply.

In a sign of how serious the situation is for TikTok, the company responded to Friday’s reports with confirmation. A lawsuit is happening. And it’s happening soon.

“Even though we strongly disagree with the Administration’s concerns, for nearly a year we have sought to engage in good faith to provide a constructive solution. What we encountered instead was a lack of due process as the Administration paid no attention to facts and tried to insert itself into negotiations between private businesses,” a TikTok spokesperson told Mashable in an email. 

“To ensure that the rule of law is not discarded and that our company and users are treated fairly, we have no choice but to challenge the Execut

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Microsoft

Xbox “has work to do”, but is “recommitting” to core fans following hardware revenue drop of 33% year-on-year

If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. Home News Xbox “has work to do”, but is “recommitting” to core fans following hardware revenue drop of 33% year-on-year Player growth has “not yet met our ambition”. Image credit: Xbox News by Victoria Phillips

If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Xbox “has work to do”, but is “recommitting” to core fans following hardware revenue drop of 33% year-on-year

Player growth has “not yet met our ambition”.


green Xbox logo on a dark background
Image credit: Xbox

Earlier today, Microsoft shared its earnings results Q3 FY2026, covering for the period between 1st January and 31st March. Microsoft’s revenue is up 18 percent, at $82.9bn, though gaming revenue fell seven percent. Xbox content and services also saw a drop of five percent year on year. Microsoft attributed this to “a prior year comparable that benefited from strong first-party performance”.

Meanwhile, Xbox hardware revenue dropped 33 percent. This follows a price rise for Xbox Series X/S consoles in the US towards the end of last year, the consoles’ second in six months. In November, Microsoft said this price increase was due to “changes in the macroeconomic environment”. Despite this, Microsoft CEO Satya Nadella said the company had “set new records for monthly Xbox active users in the quarter, as well as game streaming hours”.

A little teaser for Xbox’s Project Helix.Watch on YouTube

Writing on social media platform X, Microsoft’s newly-appointed Xbox boss Asha Sharma said “while we have made progress expanding the business and our margins

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Microsoft

IREN Doubles Down on AI Cloud Pivot as Bernstein Cuts Target but Keeps Top Pick Rating

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Five Big Tech Earnings Could Decide Bitcoin’s Next Move This Week

Five of the largest US technology companies report quarterly results this week, and the outcomes could push Bitcoin (BTC) and broader crypto markets in either direction, given the unusually tight link between digital assets and Nasdaq equities. Microsoft, Alphabet, Meta, and Amazon release Q1 figures after the closing bell on Wednesday…

Five of the largest US technology companies report quarterly results this week, and the outcomes could push Bitcoin (BTC) and broader crypto markets in either direction, given the unusually tight link between digital assets and Nasdaq equities. Microsoft, Alphabet, Meta, and Amazon release Q1 figures after the closing bell on Wednesday…
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Microsoft

Microsoft-Backed Space and Time Just Launched a No-Code App Builder

Microsoft is not betting on crypto lightly. M12, Microsoft’s venture fund, led a $20 million investment in Space and Time back in 2022. Now that bet is paying off in a direction nobody saw coming. Space and Time just launched Dreamspace, a no-code AI app builder that lets anyone generate and deploy a fully functional

Microsoft is not betting on crypto lightly. M12, Microsoft’s venture fund, led a $20 million investment in Space and Time back in 2022. Now that bet is paying off in a direction nobody saw coming. Space and Time just launched Dreamspace, a no-code AI app builder that lets anyone generate and deploy a fully functional […]
The post Microsoft-Backed Space and Time Just Launched a No-Code App Builder appeared first on Altcoin Buzz…
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