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The Latest Breaking News from Microsoft Corp

Activision Blizzard Chief Takes Positive Step Towards Union Taking Cues From Microsoft, Amazon

Activision Blizzard, Inc (NASDAQ:ATVI) CEO Bobby Kotick shared plans to negotiate with the Communications Workers of America over a collective bargaining agreement for employees at its subsidiary Raven Software. Kotick looked to meet CWA leaders at the bargaining table and work toward an agreement. Activision Blizzard faced charges of union-busting and illegally retaliating…

Benzinga · Jun 10, 2022

Meta Retracts From AR Glasses Project Shortly After Dumping Smartwatch Project

Meta Platforms, Inc (NASDAQ:META) is scaling back its plans to release a series of augmented reality glasses over the next several years, the Information reports. The move marks its second product suspension for the week as it battled the current revenue slowdown. Meta aimed to trim heavy investments in its Reality Labs hardware…

Benzinga · Jun 10, 2022

EXCLUSIVE: Wejo, Microsoft Consolidate Their Partnership Further

Wejo Group Ltd (NASDAQ: WEJO) expanded and extended collaboration with Microsoft Corp (NASDAQ: MSFT) Microsoft Maps.

Benzinga · Jun 9, 2022

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Microsoft Goes Aggressive In Its Protest Against Russia's Ukraine Invasion - Read How

In an email accessed by Bloomberg, Microsoft Corp (NASDAQ:MSFT) disclosed materially scaling down its operations in Russia following the Russian invasion of Ukraine. Microsoft joined the likes of International Business Machines Corp (NYSE:IBM) and Apple Inc (NASDAQ:AAPL), cutting back or exiting the country after the invasion. The scaling down will affect over 400 employees. “As a result…

Benzinga · Jun 8, 2022

Why DocuSign Stock Is Rising Today

DocuSign Inc (NASDAQ: DOCU) shares are trading higher Wednesday after the company announced an expanded partnership with Microsoft Corp (NASDAQ: MSFT).

Benzinga · Jun 8, 2022

Microsoft Is Pushing DocuSign Stock Higher After Hours: Here's Why

DocuSign Inc (NASDAQ: DOCU) shares are trading higher in Tuesday's after-hours session after the company announced an expanded partnership with Microsoft Corp (NASDAQ: MSFT).

Benzinga · Jun 7, 2022

Here's How Analysts Reacted To Microsoft's Outlook Revision

Microsoft Corp (NASDAQ:MSFT) updated its Q4 and FY23 guidance due to recent unfavorable currency headwinds. Microsoft cited an incremental $460 million headwind from FX to its total revenue guidance issued in late April, representing slightly less than a 100bps delta on total revenue. Microsoft now expects revenue of $51.94 billion - $52.74 billion…

Benzinga · Jun 3, 2022

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Unlike Peers, Microsoft Shows Boldness By Acknowledging Unionization

Microsoft Corp (NASDAQ:MSFT) President Brad Smith recently expressed the company's support for employee unionization in a blog post. Smith acknowledged the legal right of employees to form or join a union as he saw it futile to resist lawful efforts to participate in activities like unionization. Smith saw the trend catching up…

Benzinga · Jun 3, 2022

After Microsoft And Nvidia, This Major Apple Supplier Became Ransomware Target

Key Apple Inc (NASDAQ:AAPL) supplier Hai Precision Industry Co Ltd (OTC:HNHPF), operating as Foxconn, was hit by a ransomware attack on May 31, the Bleeping Computer reports. The attack disrupted operations at one of Foxconn's Mexico-based production plants. The Foxconn Baja California plant produced medical devices, consumer electronics, and industrial operations, the TechCrunch reports. Also Read: President…

Benzinga · Jun 2, 2022

China Will Lose Ability To Access Amazon's Kindle E-Book Store From 2023

Amazon.com, Inc (NASDAQ:AMZN) looks to cease operating its Kindle e-book store in China from the end of June 2023, Reuters reports based on the e-commerce giant's official WeChat account. China's customers will no longer be able to purchase new e-books from June 2023 for reasons undisclosed. Also Read: Microsoft Brings Down Curtains On LinkedIn…

Benzinga · Jun 2, 2022

Here's Why JPMorgan Sees Meta As Broadcom's Next Billion-Dollar Customer

Facebook parent Meta Platforms Inc (NASDAQ:FB) looks to use Broadcom Inc's (NASDAQ:AVGO) custom chips to build its metaverse hardware, becoming the chipmaker's next billion-dollar ASIC customer, J.P. Morgan analysts said. The analysts saw application-specific integrated circuit chips drive approximately $2 billion to $2.5 billion in revenue for Broadcom in 2022, aided by its deals…

Benzinga · May 31, 2022

Microsoft Joins Peers In Hiring Slowdown Amid Economic Volatility

Microsoft Corp (NASDAQ:MSFT) looks to slow hiring in its Windows, Office, and Teams chat and conferencing software groups, Bloomberg reports. Recently, Microsoft disclosed plans to double its budget for salary increases and boosting stock grants to retain key workers. Microsoft's slowdown was not companywide, and overall it will continue to hire with additional focus…

Benzinga · May 27, 2022

4 Investors Make The Case For Microsoft Stock After Analyst Slashes Price Target

Microsoft Corp (NASDAQ: MSFT) was featured as the call of the day Monday on CNBC's "Fast Money Halftime Report."

Benzinga · May 23, 2022

Cybersecurity Report Finds Microsoft Censoring Politically Sensitive Chinese Names In US Searches

A Microsoft Corp (NASDAQ:MSFT) search engine has made it more challenging in North America to look up politically sensitive people for China, the Wall Street Journal reports. Citizen Lab consistently found that Bing censored politically sensitive Chinese names. Bing’s autofill system, which guesses based on searching after a few keystrokes, often fell silent…

Benzinga · May 20, 2022

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Benzinga · May 20, 2022

Here's How Microsoft Addressed Complaints From Smaller European Cloud Companies

Microsoft Corp's (NASDAQ:MSFT) pitch to Brussels directly addressed competition worries with a clear geopolitical purpose prompted by recent complaints from smaller European cloud companies, the Financial Times reports. Microsoft laid out a series of "principles" that it would follow out of respect for Europe's concerns. Any customer who has paid to license…

Benzinga · May 18, 2022

Microsoft Makes Amends Post European Commission's Antitrust Complaints

Microsoft Corp (NASDAQ:MSFT) launched a new initiative to better assist European cloud companies hosting Microsoft products like Windows and Office 365 apps after facing flak, Bloomberg reports. Microsoft will also provide greater licensing flexibility for customers. Microsoft faced a formal inquiry from the European Commission into its alleged antitrust practices. The commission…

Benzinga · May 17, 2022

Microsoft Jumps the Sustainability Tracking Product Bandwagon With Latest Launch

Microsoft Corp (NASDAQ:MSFT) launched a new offering called Microsoft Cloud for Sustainability to improve its carbon footprint. Salesforce, Inc (NYSE:CRM), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and International Business Machines Corp (NYSE:IBM) made similar endeavors, the TechCrunch reports. Microsoft's solution looks to use a set of measuring devices to collect the data and exploit Microsoft's cloud-based data collection services to…

Benzinga · May 16, 2022

Starbucks Includes Abortion Travel Coverage To US Health Benefits: Reuters

Starbucks Corp (NASDAQ:SBUX) will reimburse U.S. employees if they must travel more than 100 miles from their homes to obtain an abortion, Reuters reported. The decision was communicated by the company through a memo to its employees. The coffee chain joins the likes of Amazon.Com, Inc. (NASDAQ:AMZN) and Microsoft Corp (NASDAQ:MSFT) to offer the benefit. The…

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Benzinga · May 13, 2022

Here's Why This Analyst Remained Bullish On Microsoft

Tigress Financial Partners analyst Ivan Feinseth reiterated its Buy rating on Microsoft Corp (NASDAQ:MSFT) and maintained the price target of $411 as growth in Cloud continues to drive strong business performance. The recent pullback in price is a significant buying opportunity. Accelerating enterprise digitalization driving increasing IT spending will continue to drive accelerating Business Performance…

Benzinga · May 13, 2022

Salesforce Looks To Assist Employees For Access To Abortions Following Roe v. Wade

Salesforce, Inc (NYSE:CRM) informed employees about helping them relocate for access to abortions or other medical procedures following an expected ruling from the U.S. Supreme Court to strike down Roe v. Wade, CNBC reports. Of the 50 U.S. states, 26 would or are likely to ban abortion if the court strikes down Roe.…

Benzinga · May 12, 2022

What's Going On With Microsoft Stock?

Microsoft Corp (NASDAQ: MSFT) shares are trading lower Thursday and have fallen nearly 10% over the last week.

Benzinga · May 12, 2022

Microsoft Postpones 2 Xbox Games

Microsoft Corp's (NASDAQ:MSFT) ZeniMax Media postponed two of its anticipated video games until the first half of 2023, marking a slip for the Xbox. ZeniMax unit Bethesda Softworks is producing Starfield, a space-themed action role-playing game, Bloomberg reports. ZeniMax's Arkane Austin is developing Redfall, a first-person shooter. Microsoft’s Xbox Game Pass subscription service has 25 million…

Benzinga · May 11, 2022

'Fortunate To Be Vaccinated:' Bill Gates Gets COVID-19

Microsoft Corp (NASDAQ: MSFT) co-founder Bill Gates has said he's tested positive for COVID-19.

Benzinga · May 5, 2022

Bill Gates Takes Swipe At Elon Musk Over Twitter Acquisition: 'He Actually Could Make It Worse'

Microsoft Corp (NASDAQ: MSFT) co-founder Bill Gates on Wednesday took a swipe at Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s plan t

Benzinga · May 5, 2022

Bill Gates Says Shorting Tesla Not A Statement About Climate Change

Microsoft Corp (NASDAQ: MSFT) co-founder Bill Gates on Wednesday indirectly responded to his stand on whether he was half a billion-dollar short on Elon Musk-led electric vehicle maker Tesla Inc (NASDAQ:

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