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Microsoft to detail major Windows update at June 24 event

Jun. 02, 2021 04:04PM EST
Dan Ackermann

Microsoft is set to share details June 24 on the biggest update to its Windows operating system in years.

Why it matters: Both Chromebook and Apple's Macintosh have gained ground in recent years as Microsoft has made only modest updates to Windows 10.

Driving the news:

  • The event will be an online one, featuring CEO Satya Nadella and product chief Panos Panay.
  • Nadella teased the new version at last week's Build conference and in an Axios interview, but offered no details.

More details to come.

Correction: An earlier version headline mistakenly said the event was July 24.

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Stocks drop 3% amid tech sell-off

Stocks dropped more than 3% on Thursday — the market's worst drop since June — while the Nasdaq fell 4.5%.

The big picture: The indices are still hovering near their highest levels ever — the S&P 500 is still higher than it was at any time before the pandemic — but the pullback is being led by a drop in the technology stocks which led the advance to record highs.

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