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-0.00027103209019948 2.17692974849533E-05 0.000216825672159633 -8.67302688637546E-05 -0.00359930615784902 -0.00329575021682563 -0.00445576756287934 -0.00840481352992185
Stock impact report

Microsoft is closing its employee library and cutting back on subscriptions [Verge, The]

Microsoft Corporation (MSFT) 
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Company Research Source: Verge, The
Microsoft's library of books is so heavy that it once caused a campus building to sink, according to an unproven legend among employees. Now those physical books, journals, and reports, and many of Microsoft's digital subscriptions to leading US newspapers, are disappearing in a shift described inside Microsoft as an “AI-powered learning experience.” Microsoft started cutting back on its employee subscriptions to news and reports services in November, with some publishers receiving an automated email cancellation of a contract. “This correspondence serves as official notification that Microsoft will not renew any existing contracts upon their respective expiration dates,” reads an email from Microsoft's vendor management team. “We would like to take this opportunity to express our sincere appreciation for your partnership, collaboration, and continued support throughout our engagement.” Strategic News Service (SNS), which has provided global reports to Microsoft's roughly 220,000 Show less Read more
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