Bloomberg Tech

Microsoft Job Cuts Hit HoloLens Unit After Setback on Army Goggles

Microsoft Corp., which is eliminating 10,000 jobs and trimming some of its hardware lineup, will reduce its HoloLens goggles business as it scales back work on a headset for the US Army that Congress declined to fund this year, according to people familiar with the matter.

Davos Latest: Scholz Says Germany Back on Track After Gas Shock

German Chancellor Olaf Scholz struck an upbeat tone in his address to the World Economic Forum, telling delegates that Europe’s biggest economy is back on track after the forced transition away from the Russian gas on which it so heavily depended.

Peter Thiel Says British Affection for NHS Is Stockholm Syndrome

Billionaire entrepreneur and investor Peter Thiel, whose data analytics company Palantir Technologies Inc. is vying for a £480 million ($595 million) National Health Service data contract, has described British people’s affection for the state-backed health service as “Stockholm syndrome.”