Microsoft Financial News

18.07 / 19:01
Target Microsoft JPMorgan UBS Celanese Shopify Activision analyst 4 big analyst cuts: Shopify now 'less compelling'; Activision gets 3 downgrades
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: Downgrades at Shopify, Activision Blizzard, State Street, and Celanese.
18.07 / 18:03
Provident Amazon Microsoft Google Platform Software Bard Meta joins hands with Microsoft for its latest AI model Llama 2; likely to beat ChatGPT and Bard
AI software. Established players like OpenAI, supported by Microsoft and already offering their models to business customers through Azure, could face disruption. The initial version of Llama was already on par with models powering OpenAI's ChatGPT and Google's Bard chatbot.
18.07 / 18:03
UPS Microsoft Software Parke Intuit Customers ‘Find your customers, investors will follow’
New Delhi: Like most, Abhinav Srivastava, the co-founder and chief executive of Palo Alto-based unicorn Mashgin, also detests long queues at stores during checkouts. Determined to tackle the issue head-on, he and his team developed an intuitive solution—a touch-less checkout system powered by cloud-based artificial intelligence (AI) and computer vision.
18.07 / 16:23
Provident Amazon Microsoft Google Platform Software Meta opens AI model Llama for commercial use, throwing nascent market into flux
The new version of the model, called Llama 2, will be distributed by Microsoft through its Azure cloud service and will run on the Windows operating system, Meta said in a blog post, referring to Microsoft as «our preferred partner» for the release. The model, which Meta previously provided only to select academics for research purposes, also will be made available via direct download and through Amazon Web Services, Hugging Face and other providers, according to the blog post and a separate Facebook post by Meta chief executive Mark Zuckerberg.
18.07 / 15:53
Microsoft Deal Activision stake Berkshire Hathaway slashes Activision stake by 70% as Microsoft deal edges closer
Berkshire Hathaway has reduced its stake in Activision Blizzard by 70% as Microsoft seems poised to buy the maker of videogames.
18.07 / 12:53
BLOCK Reuters Digital Microsoft Platform Microsoft tests the limits of Britain's antitrust authority
Microsoft shows the limit of its ability to kill mega-deals on its own, even if some agreed with its opposition to the U.S company's $69 billion acquisition of Activision Blizzard. The Competition and Markets Authority (CMA) is increasingly isolated over the Xbox maker's bid to buy the company behind «Call of Duty» after U.S. regulator, the FTC, failed to block it in court last week.
18.07 / 11:09
UPS Citi Microsoft JPMorgan Action Morning Coffee: Bank that closed business wants to do it again, more cheaply. No one works at 4pm now
Nomura has a reputation. The bank is forever trying to refute this, but sometimes actions speak larger than words and Nomura's actions tend to have a reinforcing effect. The Japanese bank is known for getting in and out of businesses. Every bank does it, but Nomura possibly more than most, and now it's doing it again.
18.07 / 03:15
Microsoft Platform Sony Xbox Deal Activision Microsoft in talks to extend deal contract with Activision
Microsoft Corp is in talks about an extension of its acquisition contract with video game maker Activision Blizzard, which is set to expire on Tuesday, so the parties can overcome the remaining regulatory hurdles to their $69 billion deal, a person familiar with the matter said on Monday. The expiration of the contract would not automatically lead to the collapse of the deal, as it simply affords either company the right to walk away from the transaction.
18.07 / 03:15
Reuters Microsoft Fighting Sony Activision US FTC eyes options after Microsoft/Activision loss
Microsoft's $69 billion deal to buy Activision, a source told Reuters on Monday amid expectations the agency's fight is nearing the end. After two court losses last week, the agency's remaining options are: pursue its fight in the internal FTC court; pursue its parallel case before the appeals court; pursue both; or settle with Microsoft or drop the matter entirely. The source, who is familiar with the matter, declined to give any other details.
18.07 / 01:45
Microsoft Activision approved stake Warren Buffett's Berkshire Hathaway cut 70% Activision stake before judge approved Microsoft merger
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.
17.07 / 20:35
Reuters Microsoft Fighting Activision US FTC eyes options after Microsoft/Activision loss, source says
WASHINGTON (Reuters) — The U.S. Federal Trade Commission is considering its options after stinging losses last week in its bid to stop Microsoft (NASDAQ:MSFT)'s $69 billion deal to buy Activision, a source told Reuters on Monday amid expectations the agency's fight is nearing the end.
17.07 / 19:21
Provident BLOCK Microsoft CAT Deal Activision Microsoft granted two-month pause of UK appeal over Activision deal
Microsoft's appeal against Britain's block on its $69 billion takeover of Activision Blizzard was formally paused by a London tribunal on Monday, to give the parties more time to resolve the dispute. Microsoft, Activision and Britain's competition regulator, the Competition and Markets Authority (CMA), had all asked for a two-month stay of the case after the CMA said it would consider a modified deal put forward by Microsoft. The Competition Appeal Tribunal (CAT) ruled on Monday that the full hearing of Microsoft's appeal, which was due to begin on July 28, should be adjourned.
17.07 / 16:37
UPS Microsoft Manufacturing Sony AT&T Activision Midday movers: Activision Blizzard, AT&T, Yelp and more
Investing.com — U.S. stocks were rising in midday trading as investors prepared for this week's deluge of quarterly earnings reports.
17.07 / 15:53
UPS Microsoft DOW Tesla week U.S. stocks are climbing ahead of busy earnings week
Investing.com — U.S. stocks are muted ahead of a heavy week of earnings reports.
17.07 / 14:07
Microsoft Platform Software Sony Nintendo Xbox Activision Activision rises as $69 billion merger with Microsoft clears fresh hurdles
Investing.com — Shares in Activision Blizzard (NASDAQ:ATVI) rose in premarket U.S. trading on Monday as expectations grew that the video game maker's $69 billion tie-up with Microsoft (NASDAQ:MSFT) may be close after a string of key announcements over the weekend.
17.07 / 13:17
Microsoft Waters Manufacturing CEO Align Samsung Salil Kapoor appointed as CEO Hindware Home Innovation
New Delhi: Consumer appliances company Hindware Home Innovation Ltd on Monday announced the appointment of Salil Kapoor as the company’s new chief executive officer (CEO), effective 11 July. Kapoor will lead the consumer business overseeing both consumer appliances and retail divisions along with the water heater JV with Groupe Atlantic of France. Kapoor joins from Orient Electric where he was business unit head of appliances.
17.07 / 11:47
Microsoft Browser European Commission Ft Microsoft faces EU investigation into Teams, Office bundling - FT
Investing.com — EU antitrust authorities will open an investigation next week into whether Microsoft (NASDAQ:MSFT) is unfairly bundling its Teams video conferencing app with its Office service, according to a Financial Times report on Monday.

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