May 25, 2023
“…The chipmaker saw its shares surge 25% on Thursday, bringing its market value to just under the $1 trillion mark at around $951 billion per FactSet. It was $755 billion at Wednesday’s close. Nvidia would become the fifth publicly traded U.S.… Continue Reading…
April 26, 2023
“Britain’s top competition regulator on Wednesday moved to block Microsoft’s acquisition of video game publisher Activision Blizzard. The measure marks a major blow for the U.S. tech giant, as it seeks to convince authorities that the deal will benefit competition.… Continue Reading…
December 12, 2022
“…U.S. tech giant Microsoft on Monday announced a 10-year partnership with the London Stock Exchange Group and took a near 4% stake in the U.K. bourse operator. The partnership involves next-generation data and analytics, as well as cloud computing products, according to a statement… Continue Reading…
December 8, 2022
“The Pentagon said Wednesday that Amazon, Google, Microsoft and Oracle received a cloud-computing contract that can reach as high as $9 billion total through 2028. The outcome of the Joint Warfighting Cloud Capability, or JWCC, effort is in line with the U.S. Defense Department’s effort to rely on… Continue Reading…
January 19, 2022
“On Tuesday, Microsoft said it’s buying video game publisher Activision Blizzard for almost $69 billion, a price that would narrowly eclipse the richest U.S. tech deal in history. In 2016, Dell purchased EMC for $67 billion. The JDS-SDL deal comes next, followed by IBM’s $34 billion… Continue Reading…
January 19, 2022
“Sony shares fell more than 12% in Tokyo on Wednesday after Microsoft announced plans to buy Activision. Investors likely fear rising competition to Sony’s PlayStation division as well as the potential for Microsoft to pull some popular games from the Japanese entertainment giant’s platforms.… Continue Reading…
September 22, 2021
“EDITOR NOTE: In a move inspired by the TV show ‘Shark Tank,’ the Federal Deposit Insurance Corp. (FDIC) is teaming up with Microsoft and Truist to offer a new investment fund that will help divert funds to minority-owned banks in… Continue Reading…
September 21, 2020
“Microsoft announced Monday that it will buy ZeniMax Media, the company that owns well-known video game publisher Bethesda, for $7.5 billion in cash. It’s one of the most notable video game acquisitions in Microsoft’s history. The company bought Mojang, the studio behind Minecraft, for… Continue Reading…
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