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The Latest Breaking News from Microsoft Corp

Microsoft CEO Satya Nadella's son dies of cerebral palsy; here's what the health condition is

Microsoft CEO Satya Nadella's son Zain Nadella died Monday morning, Microsoft Corp said. The executive staff was informed through an email about this and was asked to keep the family in their thoughts and prayers and give them space to grieve.

The Times of India

Microsoft Looks To Use 5G Wireless To Make Cloud Faster

Microsoft Looks To Use 5G Wireless To Make Cloud Faster

Microsoft Corp (NASDAQ:MSFT) looks to use the 5G equipment of partners like AT&T Inc (NYSE:T) to provide some processing power located even closer to some customers than regional datacenters, Bloomberg reports. AT&T aims to bring private 5G wireless networks to businesses, universities, and the public sector, using Microsoft technology. Microsoft partner Lockheed Martin Corp (NYSE:LMT) collaborated…

Here's How Analysts View Zoom Ahead Of Its Quarterly Results

Here's How Analysts View Zoom Ahead Of Its Quarterly Results

Analysts revised their price targets on Zoom Video Communications Inc (NASDAQ:ZM) ahead of its quarterly results. UBS analyst Karl Keirstead lowered the price target on Zoom to $130 from $250 (8% upside) and kept a Neutral rating on the shares ahead of its quarterly results. Despite the 35% year-to-date decline in the stock, the analyst recommends…

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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…

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…

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…

Huawei Aims To Spend $633M On Digital Energy HQ, R&D Center

Huawei Technologies looks to spend CNY4 billion ($632.52 million) on building a new headquarters and R&D center for its digital power unit, Reuters reports. Huawei Digital Power inked an agreement on February 17 with the local government of the southern metropolis of Shenzhen, where its parent is headquartered, for the project.…

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Bill Gates visits Pakistan, says polio eradication possible in a few years

Bill Gates visits Pakistan, says polio eradication possible in a few years

Microsoft Corp co-founder turned philanthropist Bill Gates visited Pakistan on Thursday, meeting with Prime Minister Imran Khan and saying polio eradication could be possible in coming years in one of the last two countries of the world where the virus is endemic.

Perion Shares Pop On Q4 Beat Aided By Diversification, Microsoft Relationship

Perion Shares Pop On Q4 Beat Aided By Diversification, Microsoft Relationship

Perion Network Ltd (NASDAQ:PERI) reported fourth-quarter FY21 revenue growth of 34% year-on-year to $158 million, beating the consensus of $144.96 million. Display Advertising revenues rose 46% Y/Y to $100.2 million, fueled by the proforma basis growth of 87% in video and CTV. Search Advertising revenue increased 16% Y/Y to $57.8 million, due to 17.5…

Microsoft Is In Talks To Acquire This Cybersecurity Company

Microsoft Is In Talks To Acquire This Cybersecurity Company

Microsoft Corp (NASDAQ: MSFT) is in talks to acquire cybersecurity research and incident response company Mandiant Inc (NASDAQ: MNDT),

Facebook Parent Meta Falls Behind Nvidia

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…

Sony to Buy Videogame Developer Bungie in $3.6 Billion Deal

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

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

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…

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

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.

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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.

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…

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.

Citi Cuts Microsoft Price Target By 8%

Citi sees Microsoft Corp (NASDAQ: MSFT) likely continuing its strong growth rates generated in the past several quarters.

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Asharq Al-Awsat

Microsoft to Gobble up Activision in $69 Billion Metaverse Bet

Microsoft Corp is buying "Call of Duty" maker Activision Blizzard for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future. The deal announced by Microsoft on Tuesday, its biggest-ever and set to be the largest all-cash acquisition on…

Activision Blizzard Stock Soars On Microsoft Acquisition News; Chart Says Proceed With Caution

Microsoft Corp (NASDAQ: MSFT) announced on Tuesday its plans to acquire gaming giant Activision Blizzard Inc's (NASDAQ:

Microsoft To Acquire Activision In $68.7B Deal: What Investors Need To Know

Microsoft Corp (NASDAQ: MSFT) on Tuesday announced that it plans to acquire game developer and interactive entertainment content publisher Activision Blizzard Inc (NASDAQ: ATVI) for $95 per shar

Here's Why Mizuho Remains Bullish On Microsoft

Mizuho analyst Gregg Moskowitz lowered the firm's price target on Microsoft Corp (NASDAQ:MSFT) to $350 from $360 and reiterated a Buy rating on the shares. The price target implies an upside of 12.8%. Rising yields and more significant inflation concerns have significantly weighed on software stocks over the last month, Broome notes. The analyst lowered…

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