Microsoft Financial News
14.07 / 12:47
14.07 / 11:07
UPS
Microsoft
NASDAQ
DOW
JPMorgan
Chase
Bank earnings
Deal
Activision
Bank earnings, Microsoft-Activision deal latest - what's moving markets
Investing.com — Major U.S. banks begin to deliver their second-quarter earnings reports, with investors keen to see how they have managed to weather the turmoil in the sector earlier this year. Elsewhere, U.S. regulators continue their legal push to temporarily halt the massive tie-up between Microsoft and Activision Blizzard, while Hollywood actors go on strike.
14.07 / 10:41
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Microsoft
Platform
Sony
Nintendo
Xbox
Deal
Activision
What challenges does Microsoft's $69 billion Activision deal face?
Microsoft's $69 billion acquisition of video game maker Activision Blizzard, hours after a federal judge rejected a similar request. The deal is facing varying responses around the world from regulators. WHAT IS THE ACTIVISION DEAL? Microsoft announced the Activision bid in January last year to boost its firepower in the booming videogaming market, take on leaders Tencent and Sony, and lay the base for its investment in metaverse and digital spaces which are made more lifelike by the use of virtual reality (VR) or augmented reality (AR).
14.07 / 06:13
UPS
Provident
Target
Microsoft
Discover
SPY
Department
Chinese hackers breach emails of US Commerce Secretary Raimondo, State Department officials
Raimondo and State Department officials in the weeks before State Secretary Antony Blinken visited Beijing in June, New York Times reported citing US officials. The investigation is underway but the US officials, on Wednesday, downplayed the idea that the Chinese hackers, who are likely to be part of the military or spy services, have stolen the sensitive information, insisting that no classified email or cloud systems were penetrated. The State Department's cybersecurity team first discovered the intrusion.
14.07 / 02:11
UPS
Reuters
Microsoft
Activision
rights
Microsoft, Activision weigh sale of some UK cloud-gaming rights
Microsoft Corp and Activision Blizzard are considering giving up some control of their cloud-gaming business in the UK to appease regulators so they can complete their $69 billion merger, Bloomberg News reported on Thursday. The deal, the largest in the history of the video game industry, was also struggling in Britain until this week. Britain's Competition and Markets Authority, which had opposed the transaction, said on Wednesday a restructured deal between Microsoft and Activision Blizzard could satisfy its concerns, subject to a new investigation.
13.07 / 20:19
Target
Digital
Citizens
Microsoft
Action
Fallout
Chinese hackers breached US Commerce chief's emails; Blinken warns Chinese counterpart
US Commerce Department Secretary Gina Raimondo was among a group of senior US officials whose emails were hacked earlier this year by a group Microsoft says is based in China, according to a person briefed on the matter, as fallout from the digital theft continues to spread. Secretary of State Antony Blinken made clear to China's top diplomat Wang Yi in a meeting in Jakarta on Thursday that any action that targets the U.S. government, U.S.
13.07 / 16:31
13.07 / 14:07
BLOCK
Microsoft
Takeover
Activision
FTC appeals judge's ruling that would allow Microsoft's Activision Blizzard takeover
The Federal Trade Commission says it it appealing a judge’s ruling that would have allowed Microsoft to close its deal to buy video game company Activision Blizzard
13.07 / 12:21
13.07 / 12:21
Twitter
Microsoft
Google
CEO
Tesla
BAY
SpaceX
AI startup
elon
Elon Musk unveils his new AI startup with a team of top researchers but a vague mission
Elon Musk is finally starting to talk about the artificial intelligence company he founded to compete with ChatGPT-maker OpenAI
13.07 / 12:21
13.07 / 07:07
Microsoft
CEO
Tesla
SpaceX
elon
Here's everything you want to know about xAI, Elon Musk’s latest gamble with AI
Elon Musk now has his eyes set on artificial intelligence (XAI) On Wednesday, Musk announced the launch of a new company, xAI, in an attempt to “understand the true nature of the universe”.https://twitter.com/elonmusk/status/1679164661869182976?s=20 Musk’s entry into the AI space comes when the entire field of study is undergoing a paradigm shift following the launch of OpenAI’s generative AI chatbot ChatGPT last November. ETtech answers some key questions about Musk’s latest ventureWhat is xAI? As the name suggests, xAI is an AI company whose goal — according to the company’s website — is to understand the true nature of the universe.
13.07 / 02:53
Microsoft
Fighting
Nintendo
Xbox
Activision
FTC to appeal judge's decision to let Microsoft buy Activision
FTC) said on Wednesday it was appealing a federal judge's ruling that Microsoft could go forward with its $69 billion purchase of "Call of Duty" maker Activision Blizzard. Microsoft's victory in court on Tuesday, and a subsequent climbdown by Britain's competition authority, brought the tech giant two steps closer to finalizing its tie-up with Activision, Microsoft's biggest deal ever. Still, any outstanding regulatory hurdle makes it more likely that the agreement between Microsoft and Activision will expire on July 18 without the deal having been completed.
13.07 / 02:25
Facebook
UPS
Twitter
Microsoft
Google
Browser
Why the early success of Threads may crash into reality
If this sounds like Instagram's new Threads app and its push against its rival Twitter, think again. The year was 2011 and Google had just rolled out a social network called Google+, which was aimed as its «Facebook killer.» Google thrust the new site in front of many of its users who relied on its search and other products, expanding Google+ to more than 90 million users within the first year. But by 2018, Google+ was relegated to the ash heap of history.
13.07 / 01:27
UPS
Twitter
Microsoft
Google
CEO
Tesla
SpaceX
elon
Elon Musk launches AI firm xAI as he looks to take on OpenAI
(Reuters) -Elon Musk, the billionaire entrepreneur, launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team comprised of engineers from the same big U.S. technology firms that he hopes to challenge in his bid to build an alternative to ChatGPT.
12.07 / 20:45
UPS
Microsoft
DOW
PepsiCo
Stock market today: Dow ends higher as big tech reigns supreme on easing inflation
Investing.com — The Dow gave up gains but ended higher Wednesday, as data showing inflation rose by the slowest pace in more than two years pushed Treasury yields lower and tech higher amid optimism that a widely expected rate increase later this month could prove to be the final hike.
12.07 / 17:13
UPS
Twitter
Microsoft
Google
CEO
elon
Elon Musk's AI firm xAI launches website
Elon Musk's xAI on Wednesday announced the formation of the artificial intelligence (AI) startup with the launch of its website, unveiling a team made up of engineers who have worked at companies from Alphabet-owned Google to Microsoft and OpenAI. The startup will be led by Musk, the CEO of Tesla and owner of Twitter, who has said on several occasions that the development of AI should be paused and that the sector needs regulation.
12.07 / 14:47
BLOCK
Microsoft
Activision
open
U.K.'s CMA open to exploring changes to $69 billion Microsoft-Activision merger
Investing.com -- The U.K.'s antitrust watchdog has said it is open to engaging with tech giant Microsoft (NASDAQ:MSFT) and Activision Blizzard (NASDAQ:ATVI) over changes to their $69 billion mega-merger, signaling a softening in its opposition to the deal.
12.07 / 13:33
Microsoft
Microsoft says Chinese hackers breached government and individual email accounts
Washington Post report cited a statement from U.S. officials claiming Storm-0558 also breached unclassified email accounts linked to the U.S.
12.07 / 13:15
12.07 / 13:03
Target
MAIL
Microsoft
China-based hackers have breached government and individual email accounts, Microsoft says
China has called accusations that a China-based hacking group breached government-linked email accounts “disinformation,” saying they were meant to divert attention from U.S. cyber activities
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