Microsoft Cuts Russia Operations Due to Ukraine Invasion, Says Bloomberg News

The logo of Microsoft is seen at an office building in Wallisellen, Switzerland December 21, 2020. (Reuters)
The logo of Microsoft is seen at an office building in Wallisellen, Switzerland December 21, 2020. (Reuters)
TT

Microsoft Cuts Russia Operations Due to Ukraine Invasion, Says Bloomberg News

The logo of Microsoft is seen at an office building in Wallisellen, Switzerland December 21, 2020. (Reuters)
The logo of Microsoft is seen at an office building in Wallisellen, Switzerland December 21, 2020. (Reuters)

Microsoft Corp is substantially cutting its business in Russia in response to Moscow's invasion of Ukraine, Bloomberg News reported on Wednesday.

Earlier in March, Microsoft said it was suspending new sales of its products and services in Russia.

The company did not immediately respond to a Reuters request for comment.

More than 400 employees will be affected, the report said, citing a company spokesperson.

Several major companies, including Apple Inc, Nike and Dell Technologies, have severed connections with Russia.

Facebook-owner Meta Platforms Inc and Alphabet Inc's Google have also taken measures to restrict Russian state media from making money off ads on their platforms.



Huawei's Meng Wanzhou Takes Over as Rotating Chairperson

FILE PHOTO: Meng Wanzhou, Huawei's rotating chairperson and chief financial officer, speaks at the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo
FILE PHOTO: Meng Wanzhou, Huawei's rotating chairperson and chief financial officer, speaks at the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo
TT

Huawei's Meng Wanzhou Takes Over as Rotating Chairperson

FILE PHOTO: Meng Wanzhou, Huawei's rotating chairperson and chief financial officer, speaks at the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo
FILE PHOTO: Meng Wanzhou, Huawei's rotating chairperson and chief financial officer, speaks at the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo

Meng Wanzhou on Tuesday took over from Eric Xu as the rotating chairperson of China's Huawei Technologies for the next six months, the Shenzhen-based telecoms giant and smartphone maker said.
Meng, who is also the daughter of Huawei's founder Ren Zhengfei, will also continue to serve as the company's chief financial officer concurrently, Reuters reported.
The 52-year-old is taking the reins at a time when Huawei is going head-to-head with rival Apple over smartphone sales. Both companies launched their latest devices on the same day in September, with Huawei rolling out a premium tri-fold phone that costs $2,800.
Meng, described as the "Princess of Huawei" by Chinese media, was caught up in an extradition drama several years ago.
She was detained in Vancouver in December 2018 after a New York court issued an arrest warrant, saying Meng had tried to cover up attempts by Huawei-linked companies to sell equipment to Iran in breach of US sanctions.
Meng was allowed to return to China in September 2021 after reaching an agreement with US prosecutors to end a bank fraud case against her.