{"id":1014683,"date":"2026-06-16T07:58:10","date_gmt":"2026-06-16T02:28:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1014683"},"modified":"2026-06-16T08:16:06","modified_gmt":"2026-06-16T02:46:06","slug":"microsoft-sued-by-shareholders-over-expenses-cloud-business-ai","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/16\/microsoft-sued-by-shareholders-over-expenses-cloud-business-ai\/","title":{"rendered":"Microsoft sued by shareholders over expenses, cloud business, AI"},"content":{"rendered":"<p>Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by \u200cfailing to \u2060disclose slowing \u2060growth in its Azure cloud business and the need to spend billions of dollars on AI infrastructure. <\/p>\n<p>The proposed class action led by a Michigan pension fund was filed in Seattle federal \u200bcourt on Friday, after Microsoft shares fell 10% on January 29 in response to its quarterly earnings report a day earlier. <\/p>\n<p>About $357 billion of market value \u200bwas erased, and Microsoft&#8217;s stock suffered its biggest \u2060one-day decline \u200cin nearly six years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by \u200cfailing to \u2060disclose slowing \u2060growth in its Azure cloud business and the need to spend billions of dollars on AI infrastructure. The proposed class action led by a Michigan pension fund was filed in Seattle federal \u200bcourt on Friday, after Microsoft shares fell 10% on January 29 in response to its quarterly earnings report a day earlier. About $357 billion of market value \u200bwas erased, and Microsoft&#8217;s stock suffered its biggest \u2060one-day decline \u200cin nearly six years.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1014683","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1014683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1014683"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1014683\/revisions"}],"predecessor-version":[{"id":1014704,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1014683\/revisions\/1014704"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1014683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1014683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1014683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}