Microsoft Financial News

12.07 / 13:03

UPS Target BLOCK Microsoft CEO Illumina European Commission EU fines US firm Illumina $475 million for jumping gun on buying cancer-screening company Grail

The European Union has slapped a $475 million fine on U.S. biotech giant Illumina for buying out cancer-screening company Grail without the approval of the 27-nation bloc’s antitrust watchdog

12.07 / 12:29

Provident Target Digital Microsoft Chinese hackers accessed government emails, Microsoft says

LONDON (Reuters) — Chinese state-linked hackers secretly accessed email accounts at around 25 organisations, including government agencies, in a sweeping cyberespionage campaign by a group which primarily targets entities in Western Europe, Microsoft (NASDAQ:MSFT) said on Wednesday.

12.07 / 11:41

UPS IPO Microsoft Discover NVIDIA Deal Activision U.S. CPI ahead, legal win for Microsoft-Activision deal - what's moving markets

Investing.com -- The release of the June inflation data out of the U.S. is set to be the major focus for markets, with investors hoping to discover any clues about the Fed's future interest rate path. Elsewhere, Nvidia and Arm reportedly enter talks over the semiconductor giant becoming an anchor investor in the U.K. chip designer's planned flotation. Meanwhile, Microsoft scores a stunning victory in a U.S. court over its megamerger with «Call of Duty»-maker Activision Blizzard.

12.07 / 11:15

Facebook UPS BLOCK Digital Microsoft Sony Lina Khan Is Taking on the World’s Biggest Tech Companies—and Losing

Federal Trade Commission Chair Lina Khan is taking on the world’s biggest technology companies—and losing. Khan failed Tuesday in her latest effort to block a big-tech deal when a federal judge denied her agency’s bid to block Microsoft from closing its purchase of videogame publisher Activision Blizzard. The FTC suffered a similar setback earlier this year when it tried to thwart Meta Platforms’ purchase of a virtual-reality gaming company.

12.07 / 09:41

Microsoft Google CEO Platform Persona Risk of AI is real but…, Bill Gates on how to tackle challenges thrown by new technologies

OpenAI's chatbot, ChatGPT. OpenAI is supported by Microsoft, while Google has introduced its own AI, Bard AI. Also read: Artificial intelligence lashes at the doorstep of films, entertainment Several companies, including Salesforce, Spotify, and Snap, have integrated AI into their products or services.

12.07 / 09:41

Reuters Booking Microsoft Google Platform TikTok Meta Platforms expansion Copyright Google faces lawsuit over copyright infringement, data scraping for AI expansion

OpenAI in June. Clarkson's firm asked the court to allow the plaintiffs to remain anonymous in both cases, citing violent threats reportedly received by individuals filing similar lawsuits The lawsuit filed on Tuesday claims that the company could owe at least $5 billion.

12.07 / 09:31

regulation Microsoft UK US FTC Deal Activision UK watchdog eases on Microsoft over Activision deal

The Competition and Markets Authority said it was open to “consider any proposals from Microsoft to restructure the transaction in a way that would address”.

12.07 / 06:25

Reuters Amazon Microsoft NASDAQ Racing generative AI Generative AI comes to Nasdaq, winning over engineers

engineers and marketers at the stock exchange operator Nasdaq are embracing newer artificial intelligence, while its lawyers are treading more cautiously, its chief technology and chief information officer said on Tuesday. Inside Nasdaq, which also sells technology for global markets, workers across different departments are exploring how to use so-called generative AI, Brad Peterson said at the Reuters MOMENTUM conference in Austin. Like the viral chatbot, this technology can be prompted to produce text or other new content, based on past data.

12.07 / 06:05

UPS Microsoft Google Backed Google-backed Anthropic upgrades its Claude AI

Google, on Tuesday widened consumer access to its chat program Claude and upgraded underlying technology that the company says makes «Claude 2» better at tasks such computer coding and arithmetic. The San Francisco-based company said its new AI model, the latest in a cascade of product releases from Silicon Valley, was also less likely than its prior technology to give offensive or dangerous responses. Businesses can launch products drawing on the model, and consumers in the U.S.

12.07 / 05:35

COST Microsoft Accenture accounting services Big 4 accounting firm KPMG to invest $2 billion in AI, cloud services

KPMG said on Tuesday it will spend $2 billion on artificial intelligence and cloud services through an expanded partnership with Microsoft, closely following Accenture in betting on the latest technologies to weather a slowdown in advisory deals. The accounting firm said it will incorporate AI into its core audit, tax and advisory services for clients as part of the five-year partnership.

12.07 / 05:01

Provident Target Microsoft Software SPY Chinese hackers gained access to government email accounts, Microsoft says

Chinese hackers intent on collecting intelligence on the United States gained access to government email accounts, Microsoft disclosed Tuesday night. The attack was targeted, according to a person briefed on the intrusion into the government networks, with the hackers going after specific accounts rather than carrying out a broad-brush intrusion that would suck up enormous amounts of data. Adam Hodge, a spokesperson for the White House's National Security Council, said no classified networks had been affected.

12.07 / 01:15

COST Microsoft Accenture services KPMG to expand ties with Microsoft, will spend $2 billion in AI, cloud services

In a bid to include latest technologies like AI and cloud services, KPMG, will spend $2 billion on the same through an expanded partnership with Microsoft, the accounting firm said on Tuesday. The move has come come after Accenture is heading towards the latest technologies to weather a slowdown in advisory deals.

12.07 / 00:51

UPS Microsoft NASDAQ Action Apple Big tech's dominance hits breakpoint for Nasdaq 100

tech companies have become too large even for the stock index tracking America's biggest tech companies. Now the benchmark's overseer is taking action to pare back their influence. The seemingly unstoppable growth of megacaps like Apple and Microsoft mean they have breached an upper limit imposed on stocks in the Nasdaq 100.

11.07 / 20:49

BLOCK Microsoft Mobile Warcraft Xbox Activision Microsoft Can Close Its $75 Billion Buy of Activision Blizzard, Judge Rules

Microsoft can close its $75 billion acquisition of Activision Blizzard, a federal judge ruled Tuesday, delivering a major setback to the Biden administration’s attempt to rein in big mergers. The deal would combine Microsoft’s Xbox videogaming business with the publisher of popular franchises such as Call of Duty, World of Warcraft and Candy Crush. The ruling means there is no current U.S.

11.07 / 20:23

Microsoft Platform Sony Xbox Diablo Despite Microsoft FTC win, Diablo 4’s Xbox, PC release remains ‘uncertain’: All you need to know

Diablo 4, or Diablo IV has been the talk of the town ever since its initial release, and now the game is fully releasing with its first season on July 20, titled “Season of the Malignant”. However, disappointing a large fan base – particularly those who prefer Xbox or PC, its maker Blizzard clarified that the game will never make it to Xbox or PC. Followingly, a Brazilian-payments app PICPAY announced that Diablo IV will soon be available on the service.

11.07 / 17:33

Amazon Microsoft JPMorgan Platform Apple Tencent Midday movers: Amazon, WD-40, JPMorgan and Zillow rise

Investing.com — U.S. stocks were rising as investors await more comments from Fed officials and a key inflation report on Wednesday.

11.07 / 17:33

Amazon Microsoft NASDAQ Apple Tesla NVIDIA Explainer Explainer-What is Nasdaq's special rebalancing and its impact?

By Sruthi Shankar and Medha Singh

11.07 / 16:53

UPS Microsoft Software Halliburton fall WD-40, Payoneer Global rise; Viridian, Equitrans fall, Tuesday, 7/11/2023

Stocks that are trading heavily or have substantial price changes Tuesday: WD-40, Payoneer Global rise; Viridian, Equitrans fall

11.07 / 16:53

Microsoft Takeover Activision Judge hands Microsoft a big victory, declines to stop its $69 billion takeover of video gamemaker Activision Blizzard

Judge hands Microsoft a big victory, declines to stop its $69 billion takeover of video gamemaker Activision Blizzard

11.07 / 16:53

BLOCK Microsoft CEO Platform Sony Nintendo Activision Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard

11.07 / 16:29

Microsoft Deal Activision Microsoft considering how to make Activision deal acceptable to UK regulator

Microsoft said on Tuesday it was considering how to make its planned acquisition of videogame maker Activision Blizzard acceptable to Britain's Competition and Markets Authority. «After today's court decision in the U.S., our focus now turns back to the UK,» said Brad Smith, Microsoft Vice Chair and President.

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