The Latest Breaking News from Microsoft Corp

Microsoft Security Chief Stresses On Importance Of Combating Cyberattacks Through Cloud Adoption

Microsoft Corp's (NASDAQ:MSFT) new security chief, Charlie Bell, emphasized the importance of solving cyberattacks by embracing cloud, the Wall Street Journal reports. Microsoft has built a $15 billion business and one of the world's most enormous private cyber armies to counter cyberattacks.  WSJ notes that U.S. banks flagged nearly $600 million in…

Benzinga · Feb 23, 2022

Call of Duty's Planned 2023 Release Delayed By Activision: Bloomberg

Activision Blizzard Inc (NASDAQ:ATVI) looks to delay a "Call of Duty" (COD) game, Bloomberg reports. The failure of recent COD releases to meet sales expectations triggered the belief that Activision introduced new versions too rapidly. Activision initially aimed to release the game in 2023. The postponement will make 2023 the first year…

Benzinga · Feb 23, 2022

Microsoft's Activision Acquisition Triggers Regulatory Subpoenas Over Workplace Harassment

The Wall Street Journal reports that federal and state regulators have broadened their investigations into Activision Blizzard Inc's (NASDAQ:ATVI) leadership role in handling workplace misconduct claims. State watchdog, The California Department of Fair Employment and Housing subpoenaed Activision's directors over its workplace issues.  It also has subpoenaed police departments in the Los Angeles area…

Benzinga · Feb 18, 2022

Facebook Parent Meta Falls Behind Nvidia

Meta Platforms Inc (NASDAQ:FB) continued its slide on February 8 and has now dropped so much in the past week that the company is worth less than chipmaker NVIDIA Corp (NASDAQ:NVDA), CNBC reports. Meta shares dropped 2.1% to close at $220.18 on Tuesday.  The stock is down 35% this year and has reached its…

Benzinga · Feb 9, 2022

Sony to Buy Videogame Developer Bungie in $3.6 Billion Deal

Sony Interactive Entertainment will acquire videogame developer Bungie Inc in a deal valued at $3.6 billion, the companies said on Monday, making this the third deal this month in a fast consolidating gaming sector. Bellevue, Washington-based Bungie, which worked on the Halo videogame series, split with Microsoft Corp and became…

Asharq Al-Awsat · Jan 31, 2022

GitLab Shares Gain After JPMorgan Upgrade, Thanks To Microsoft & ServiceNow

JPMorgan analyst Sterling Auty upgraded GitLab Inc (NASDAQ:GTLB) to Overweight from Neutral with an unchanged price target of $99, suggesting an upside of 62%. The analyst calls the company a "Growth All-Star" with a current valuation of less than 18-times 2022 revenue. The results from Microsoft Corp (NASDAQ:MSFT) and ServiceNow Inc (NYSE:NOW) validate that the fundamentals in software continue…

Benzinga · Jan 27, 2022

Why Stephanie Link Says These Two Growth Stocks Are A Better Bet Than Microsoft

All eyes are on Microsoft Corp (NASDAQ: MSFT) Wednesday after the stock staged an impressive reversal following the company's fourth-quarter financial results last night.

Benzinga · Jan 26, 2022

Microsoft Q2 Earnings Takeaways: Cloud Revenue Hits $22.1B, Xbox Revenue Up 10% And More

Microsoft Corp (NASDAQ: MSFT) reported second-quarter financial results after market close Tuesday. Here are the key details for investors.

Benzinga · Jan 25, 2022

MKM Partners Cuts Electronic Arts Price Target By 6%; Remains Bullish

MKM Partners analyst Eric Handler lowered the price target on Electronic Arts Inc (NASDAQ:EA) to $172 from $182 but reiterated a Buy rating on the shares. The price target implies an upside of 32%. With a strong balance sheet and "significant scale," Electronic Arts should remain a leading consolidator, Handler notes.  Still, following Microsoft Corp's (NASDAQ:MSFT) proposed acquisition of Activision…

Benzinga · Jan 25, 2022

Microsoft Intends To Keep 'Call Of Duty' On PlayStation Following Activision Blizzard Acquisition

Microsoft Corp (NASDAQ: MSFT) on Tuesday announced plans to acquire game developer Activision Blizzard Inc (NASDAQ: ATVI) for $95 per share in an all-cash deal.

Benzinga · Jan 21, 2022