Microsoft is announcing plans to buy a major video game studio that would make it one of the biggest gaming companies in the world. AT&T and Verizon again agree to delay turning on 5G services at some airports, amid a standoff with the airline industry, which has warned about a “catastrophic” impact on thousands of flights. Oil…
AT&T, Verizon to Delay Some 5G Deployment; Microsoft to Acquire Activision Blizzard | NTD Business
Microsoft Buys ‘Candy Crush’ Owner for Almost $70 Billion, Its Largest-Ever Deal
January 18, 2022
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LOS ANGELES—Microsoft is reportedly buying gaming company Activision Blizzard—which has been in turmoil over allegations of misconduct and unequal pay—for $68.7 billion, according to the Los Angeles Times. The deal will give Microsoft ownership of games like “Call of Duty” and “Candy Crush.” It will also provide a path for Microsoft to increase its presence…
Is Microsoft’s Stock Overvalued or Undervalued?
Microsoft Corporation shares have outperformed the S&P 500 in the past year, generating a total return of 42 percent. Microsoft is still putting up impressive growth numbers. But with a $2.31 trillion market cap, some investors are wondering if there’s any value left in Microsoft stock. Earnings A price-to-earnings ratio (PE) is one of the…
Microsoft Launching Inquiry Into Effectiveness of Its Sexual Harassment Policies, Including Gates Allegations
Microsoft announced on Thursday that it is launching an inquiry into the effectiveness of its policies and practices regarding workplace sexual harassment and gender discrimination, including its handling of allegations about co-founder Bill Gates. The company said it plans to issue a “thorough” and “transparent” public report with its findings this spring which will include data on…
Microsoft Stops Making Xbox One Consoles
January 13, 2022
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Microsoft Corp. said on Thursday it has stopped manufacturing all Xbox One consoles to focus on producing its next-generation consoles. “To focus on production of Xbox Series X|S, we stopped production for all Xbox One consoles by the end of 2020,” said Cindy Walker, senior director of Xbox Console Product Marketing. Microsoft originally discontinued its…
China Reveals AI News Anchor, Almost Indistinguishable from a Real Human
January 13, 2022
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“Hello everyone, I am the artificial intelligence news anchor on National Business Daily. I am the virtual twin of the original host. I have been running—reporting the news—undetected for 70 days now,” the AI news anchor N Xiaohei revealed itself to its television viewers on Dec. 20, 2021, after 1700 hours of a continuous live…
Jefferies Bumps Up Price Target on This Tech Giant by 7%; Remains Bullish
Jefferies analyst Brent Thill raised the price target on Microsoft Corp. to $400 from $375 and kept a Buy rating on the shares. The price target implies a 26.7 percent upside. Despite a “massive 39 percent outperformance” versus the iShares Expanded Tech-Software Sector ETF in 2021 from Microsoft, he continues to see the potential in the stock as valuation…
EXCLUSIVE: Wejo Announces New Connected Vehicle Platform With Microsoft
A company that works on cloud and software analytics for connected vehicles has a new platform. Here are the details. What to Know Wejo Group Limited announced its new Neural Edge Processing platform. The company said the new platform will help “enable intelligent handling of data from vehicles at scale.” The platform will also provide…
Read Why SMBC Nikko Is Bullish on Microsoft
SMBC Nikko analyst Steve Koenig initiated coverage of Microsoft Corp. with an Outperform rating and $410 price target. The price target implies an upside of 28 percent. Microsoft is successfully transitioning its customers to the cloud. Koenig said that Microsoft is “well-positioned at the center of the big secular trends in software” and is primed to capitalize on IT…
Taboola Launches New Native Bidding Service; Renews Contract With Partner Microsoft
Taboola.com Ltd. launched a new native bidding service, allowing Taboola to extend its existing and growing 14,000 advertiser base to other supply types. Long-term strategic partner Microsoft Corp. supported Taboola in designing the new bidding service. The service will accrue to Taboola’s goal to drive even more growth for both companies and fully leverage the open RTB…
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