HBO's ‘Mountainhead' Depicts Hollywood's Sinister View of Tech Titans
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg's journalists around the world. Today, Ellen Huet looks at how HBO's movie Mountainhead shows the changing cultural view of tech's rich and powerful.
Microsoft job cuts: The software maker is planning to eliminate thousands of jobs, particularly in sales, beginning next month. The reductions follow an earlier round of cuts announced in May that hit 6,000 employees.
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- Business Upturn
Nerdio Surpasses $100 Million in Annual Recurring Revenue as Enterprises Shift to Microsoft Cloud
CHICAGO, June 20, 2025 (GLOBE NEWSWIRE) — Nerdio, the automated end-user computing (EUC) management platform transforming how organizations deploy and manage Microsoft Cloud technologies, today announced that it has surpassed $100 million in annual recurring revenue (ARR), reaching this mark in just over five years. The milestone underscores Nerdio's rapid ascent as enterprises seek easier, more cost-effective ways to manage Microsoft Azure, Windows 365, and Intune environments at scale. The achievement comes just months after Nerdio's $500 million Series C funding round, which propelled the company's valuation past $1 billion. 'Enterprises are quickly moving from legacy VDI to cloud-based solutions—but managing Microsoft Cloud technologies at scale isn't easy,' said Vadim Vladimirskiy, Co-Founder and CEO of Nerdio. 'That complexity has created a huge opportunity for Nerdio. By automating the hard parts of cloud management, we're helping IT teams cut costs, move faster, and do more with less.' Over the past year, Nerdio has added more than 400 new enterprise customers and now serves over 15,000 organizations across 50+ countries. Global brands, including Chevron, Kraft Heinz, Setfords, Sage, and more rely on Nerdio to manage and scale their Microsoft Cloud environments. Nerdio automates the deployment and management of Azure Virtual Desktop, Windows 365, and Intune—eliminating manual work like provisioning virtual machines, setting policies, and managing user access. Its robust automation engine also helps organizations right-size their cloud usage, optimize spend, and ensure policy compliance across environments. Nerdio's growing portfolio of AI capabilities is further transforming how IT teams manage Microsoft Cloud services. With AI-driven recommendations, proactive issue detection, and intelligent scripting support, Nerdio makes it easier to identify inefficiencies, resolve issues faster, and streamline operations without requiring deep Azure expertise. Achieving $100 million in ARR is just the latest of many major milestones for Nerdio. Over the past year, the company has: Raised $500 million in Series C funding and achieved unicorn status. Won the 2024 Microsoft Americas Partner of the Year award. Influenced more than $350 million of Microsoft revenue. Launched over 20 product releases while integrating AI into all its offerings. 'We built Nerdio to help enterprises scale efficiently—and we've followed that same playbook ourselves,' said Joseph Landes, Co-Founder and CRO. 'We've hit $100 million ARR in just over five years by staying focused on customer needs, Microsoft innovation, and capital-efficient growth.' About Nerdio Nerdio is a leading provider of powerful, simplified cloud management solutions for businesses of all sizes. Trusted by enterprise IT departments and managed service providers (MSPs) alike, Nerdio equips organizations with seamless, cost-effective management tools for Azure Virtual Desktop (AVD), Windows 365, and comprehensive Microsoft 365 management solutions. With thousands of customers worldwide, Nerdio accelerates cloud adoption, enabling companies to thrive in an era of hybrid work by providing modern, future-proof technology that adapts to evolving workplace needs. For more information, please visit Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
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Nearly 1,000 Ships' GPS Jammed Near Iran Daily, Navy Group Says
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Gizmodo
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Storage Prices Are Going Nuts, Grab a New Samsung MicroSD Card With Adapter for Early Prime Day
Save 36% and get 512GB of super-fast storage for your smartphone, drone, digital camera, gaming console or handheld, and more. Storage prices, to put it politely, have been all over the place lately. You could get motion sickness watching them rise and fall and rise again, and there's of course the ever-present threat of tariffs that would suddenly balloon the prices of storage and many other tech goods. So when the roller-coaster of storage pricing rolls downward, it's smart to grab some while you can. Now's a good time, if Amazon's 36% off deal on the Samsung EVO Select MicroSD memory card and adapter is any indication. The new $35 sale price on the EVO Select 512 MicroSD card and adapter is an awesome opportunity to add fast, reliable storage to so many of your tech devices. It's compatible with Samsung's Galaxy smartphones and tablets, of course, but also most other Android smartphones and tablets with a MicroSD slot. It's also compatible with iOS devices and iPads, and it's the default storage for drones and digital cameras. That's just for starters. See at Amazon So Tiny Yet So Big The Samsung EVO Select MicroSD card is smaller than a postage stamp, yet the 512GB storage capacity might be even larger than you'd imagine. How big is it? You can store 30 hours of 4K videos on it, or 80.5 hours of full HD videos — if you're a GoPro or drone enthusiast, that will be of particular interest. Still photographers or anyone looking to free up storage on their smartphone or tablet will appreciate the fact they can store over 207,000 4K photos or over 270,000 HD photos on that teeny card. The included adapter lets you fit the EVO Select MicroSD card into SD card slots, which comes in enormously handy if you're using an older laptop or desktop computer. With that much capacity, it's also a great accessory to move files from an older computer to a newer one or to different storage. Virtually Unkillable If the idea of moving so much of your precious photo and video artistry onto such a small and paper-thin chip makes you nervous, remind yourself that Samsung has been the world's No 1 flash memory brand since 2003, and the EVO Select MicroSD card is remarkably tough. It can withstand up to 72 hours submerged in seawater, extreme temperatures as low as -40 degrees or as high as 185 degrees Fahrenheit, and is a true beast when it comes to tolerating x-rays or magnets. The average lifespan of up to 10,000 swipes is as close to a lifetime of use as you can get. Predicting where the price of portable storage devices these days is a fool's errand, but you can be sure that the current Amazon sale that's offering the 512GB version of Samsung's EVO Select MicroSD card and adapter for just $35 is well worth hitting the buy button on. See at Amazon
