EU opens antitrust investigation against Microsoft over Office and videoconferencing Teams bundling
The European Union is opeing a formal antitrust investigation targeting Microsoft into the software company’s Teams messaging and videoconferencing app over concerns that its bundling with its Office productivity sofware suite gives it an unfair edge over competitors
2023-07-27 18:18
Microsoft reports $20.1B quarterly profit as it promises to lead "the new AI platform shift"
Microsoft on Tuesday reported fiscal fourth-quarter profit of $20.1 billion, or $2.69 per share, beating analyst expectations for $2.55 per share
2023-07-26 04:17
Microsoft and Activision extend deadline to close $69 billion deal under close regulatory scrutiny
The deadline for Microsoft’s $69 billion acquisition of video game company Activision Blizzard has been extended to as the companies seek to close a deal that has been opposed by regulators in the U.S. and the U.K.’s Competition and Markets Authority
2023-07-19 21:50
Stock market today: Asian shares extend losses after China reports lower growth than expected
Shares are mostly lower in Asia as optimism over a Wall Street rally was countered by worries about the Chinese economy
2023-07-18 12:22
Microsoft and UK regulators want more time to work on $69 billion Activision deal
Microsoft and British regulators sought more time from a court Monday as the U.S. tech company uses a rare second chance to overcome opposition to its $69 billion bid for video game maker Activision Blizzard
2023-07-18 00:27
Stock market today: Wall Street drifts as stocks worldwide stall after weak Chinese data
Wall Street is drifting, as stocks worldwide stall following the latest signal that the world’s second-largest economy is flagging
2023-07-17 22:25
Microsoft agrees to keep Call of Duty on Sony Playstation after it buys Activision Blizzard
Microsoft has signed an agreement with Sony to keep the Call of Duty video game series on PlayStation after the tech giant buys video game maker Activision Blizzard
2023-07-17 01:50
Microsoft moves closer to completing $69 billion Activision takeover after court rebuffs regulators
A U.S. appeals court has rejected a bid by federal regulators to block Microsoft from closing its $68.7 billion deal to buy video game maker Activision Blizzard
2023-07-15 07:45
Microsoft gets more time from UK to plead case to buy video game maker Activision
British antitrust regulators have extended their deadline to issue a final order blocking Microsoft’s $69 billion plan to buy video game maker Activision Blizzard
2023-07-14 20:52
House Republicans interrogate FTC's Khan over regulation of Big Tech
The chair of the Federal Trade Commission has defended her aggressive legal strategy toward the country’s biggest technology companies as she appeared before the House Judiciary Committee
2023-07-14 00:16
House Republicans interrogate FTC's Khan over ethics, antitrust issues
House Republicans who say the Federal Trade Commission has been overzealous and politicized under President Joe Biden are interrogating agency head Lina Khan
2023-07-13 22:54
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
2023-07-13 21:59