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Microsoft

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Microsoft Activision Blizzard
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Business & Lifestyle

Microsoft, Activision Blizzard deal on hold

SAN FRANCISCO -- A $69 billion deal by Microsoft to acquire Activision Blizzard is on hold...for now. According to MarketWatch, U.S. District Judge Edward Davila issued a temporary restraining order (TRO) in San Francisco over regulatory reasons. The approved request, which came from the Federal Trade Commission (FTC), was a "maintain the status quo" decision. An evidentiary hearing will be heard next week to determine whether there will be a preliminary injunction approval. With FTC approval, the deal would have […]

todayJune 13, 2023 145

Dow Jones stock market
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Business & Lifestyle

Dow bounces back 499 points

The Dow Jones Industrial Average gained 499.51 points as investors turned their focus to earnings reports, which saw Netflix report its first loss of subscribers in a decade. NEW YORK (UPI) -- U.S. markets rebounded Tuesday as investors weighed a flurry of earnings reports, including disappointing numbers from Netflix. The Dow Jones Industrial Average gained 499.51 points, or 1.45%, while the S&P 500 rose 1.61% and the Nasdaq Composite ended the day up 2.15%. Netflix reports a drop in net […]

todayApril 19, 2022 103

Business & Lifestyle

Microsoft hikes Xbox Game Pass prices, later backpedals

SEATTLE -- Based on a press release from Microsoft, subscription prices for a popular game service were to have a price hike. Or at least that was the plan as of Friday. Initial plans from the tech giant were to increase the subscription rates for its Xbox Live Gold service. Per the release, monthly rates were to increase by $1, while 3-month subscriptions would be $5 more. This would have made the monthly rate $10.99, with the 3-month subscription $29.99. Microsoft […]

todayJanuary 23, 2021 121

Business & Lifestyle

Warning signs gamers should seek in Microsoft buying Bethesda in recent deal

What would you do when you have $7.5 billion in your bank account? Would you build an exclusive beach house after acquiring a private island in the Pacific? How about renting out a snowy resort in the Alps so you can hit the slopes with your reliable Giro ski helmet and Burton snowboards? With that amount of money, most people won't need to work a day in their lives. They would enjoy what the world has to offer and fulfill whatever activity […]

todaySeptember 22, 2020 71

Business & Lifestyle

END OF AN ERA: Microsoft to shut down Mixer next month

REDMOND, Wash. -- An end of an era for one of Microsoft's divisions will come roughly one month from now. Microsoft made an announcement Monday that they will be shutting down their Mixer streaming platform on July 22. This is a contingency plan as they will partner with Facebook Gaming as a new home for streamers and viewers. Xbox head Phil Spencer made the following statement: Ultimately, the success of Partners and streamers on Mixer is dependent on our ability to […]

todayJune 22, 2020 55

Business & Lifestyle

Microsoft announces agreement to acquire Metaswitch Networks

REDMOND, Wash./LONDON (UPI) -- Microsoft said Thursday it has agreed to acquire Metaswitch Networks to expand its cloud-based telecom offerings. The announcement follows the acquisition last month of fifth-generation technology for cellular networks specialist Affirmed Networks. The goal is to leverage the technology of both organizations to extend the Microsoft Azure cloud computing service platform to expand telecommunication industry offerings. "The convergence of cloud and communication networks presents a unique opportunity for Microsoft to serve operators globally via continued investment […]

todayMay 14, 2020 76

cryptocurrency IRS
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Business & Lifestyle

CONFIRMED: IRS trains staff on finding cryptocurrency wallets

WASHINGTON (CoinDesk) -- The U.S. Internal Revenue Service (IRS) may consider subpoenaing major tech companies like Apple, Google and Microsoft in search of taxpayers’ unreported cryptocurrency holdings. That’s according to a slide deck presentation from an IRS cyber training session, which details a number of ways the agency’s criminal investigators might find potential crypto tax cheats. “Issuance of a grand jury subpoena should be considered for Apple, Google and Microsoft for the subject’s complete application download history,” says the slide […]

todayJuly 13, 2019 81

vacations weekends Bil Gates
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Business & Lifestyle

COMMENTARY: OK, we’ll bite. Why doesn’t Bill Gates believe we should take vacations and weekends off?

(Heartland Newsfeed) -- I have been reading a MarketWatch article "Bill Gates doesn’t believe that everyone should take vacations and weekends off" and have read it several times over for the past hour. I have to admit I am a bit confused about the deceptive headline alone. Microsoft co-founder and billionaire Bill Gates stated during a conference last weekend that "he didn't really believe in vacations" while building his tech giant from the foundation up. He was essentially stating before […]

todayJune 24, 2019 106

Entertainment

Sonic film receives November 2019 release date

LOS ANGELES (UPI) -- Paramount has announced that their upcoming film based on iconic video game character Sonic the Hedgehog will race into theaters on Nov. 15, 2019. The film is set to be directed by Jeff Fowler who is known for directing 2005 Oscar-nominated short Gopher Broke with a script by Pat Casey and Josh Miller, noted The Hollywood Reporter. Deadpool director Tim Miller, who worked with Fowler on Gopher Broke, is executive producing. The studio has plans to present the film as a mix of live-action and […]

todayFebruary 23, 2018 28

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