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The Economic Times
The Economic Times
Shreya Biswas

Microsoft stock (MSFT) falls as US targets green card filings for H-1B workers and Italy probes gaming business

Microsoft stock slipped on Thursday as the company faced fresh scrutiny in the US and Europe, with developments involving its foreign workers and gaming business. Microsoft shares were down nearly 2% during Thursday’s trading session.

The developments come from two separate regulatory fronts. In the US, the government has taken action against Microsoft’s use of the permanent labor certification process for foreign workers. In Europe, regulators have opened an investigation into Microsoft-owned gaming companies over how virtual currencies are presented to consumers.

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