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Microsoft Corporation (NASDAQ:MSFT) announced Monday that its Board of Directors has amended the company’s bylaws, effective July 1, 2025. The update introduces a process allowing shareholders to address certain deficiencies in director nomination notices.
According to the company’s filing with the Securities and Exchange Commission, the new bylaw provisions apply to nomination notices submitted by shareholders within the period specified in the bylaws. If a nomination notice contains certain deficiencies, Microsoft will notify the shareholder, who will then have an opportunity to correct the issues.
The company stated, “The amendments implement a cure process for certain deficiencies in director nomination notices submitted by shareholders. For nomination notices received by the Company within the time period specified in the Bylaws, the Company will notify shareholders of such deficiencies in the notice and there will be an opportunity to cure such deficiencies.”
The full text of the amended bylaws was filed as Exhibit 3.2 to the current report on Form 8-K. Microsoft’s common stock and certain notes are listed on the NASDAQ exchange under the symbol MSFT.
This information is based on a statement in a press release and the company’s SEC filing.
In other recent news, Microsoft Corp . has been actively expanding its AI and cloud capabilities. The company reported significant growth in its Azure cloud service, which saw a 35% increase in constant currency growth last quarter. This performance led Bernstein to reiterate its Outperform rating for Microsoft, highlighting the favorable financial outlook due to slower capital expenditure growth compared to cloud revenue. Meanwhile, Microsoft has encountered a six-month delay in the development of its next-generation AI chip, code-named Braga, which is now expected to enter mass production in 2026. This delay is attributed to design changes and staffing constraints and could affect the chip’s competitiveness against Nvidia (NASDAQ:NVDA)’s offerings.
Additionally, Microsoft has opened its first AI Co-Innovation Lab focused on manufacturing at the University of Wisconsin-Milwaukee. This facility aims to develop AI solutions for local manufacturers, addressing challenges such as real-time fault detection and multilingual voice assistants. Furthermore, Microsoft has entered a five-year strategic partnership with the Premier League to enhance its digital platforms using cloud and AI technologies. This collaboration will modernize the league’s digital infrastructure and improve fan engagement through tools like the Premier League Companion. Lastly, OpenAI CEO Sam Altman, associated with Microsoft, has advocated for AI privacy protections amid a legal dispute with The New York Times (NYSE:NYT), proposing the concept of "AI privilege" to safeguard user interactions.
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