BRUSSELS—The European Commission on Tuesday granted Microsoft unconditional antitrust approval for its $16 billion bid for artificial intelligence and speech technology company Nuance Communications. The deal is Microsoft’s second biggest after its $26.2 billion LinkedIn purchase in 2016, and would boost its presence in cloud services for healthcare. It has already regulatory approval in the…
China-Backed Hackers Manipulate Microsoft Server Software Security Glitch: WSJ
Cybersecurity firms and Microsoft Corp. see hackers linked to China and other governments among a growing mix of cyberattackers seeking to exploit a widespread and severe vulnerability in computer server software, the Wall Street Journal reports. Both Microsoft and cybersecurity firm Mandiant observed hacking groups linked to China and Iran launching attacks that exploit the flaw in…
Morgan Stanley Argues Investors Are Overlooking Leading Data Platform Solutions Position
Morgan Stanley analyst Keith Weiss noted that data platform solutions contributed about 12 percent of Microsoft Corp.’s total revenue in the first half of 2021, up from about 10 percent in 2017. Weiss also argued, “investors often overlook Microsoft’s leading position here.” Given Microsoft’s data platform and related businesses, the largest of which include Azure Databases, Azure…
UK Antitrust Regulator Looks Into Microsoft’s $16 Billion Nuance Deal
December 13, 2021
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Britain’s antitrust regulator said on Monday it will look into Microsoft Corp.’s $16 billion purchase of artificial intelligence and speech technology firm Nuance Communications Inc. The Competition and Markets Authority (CMA), which has been stepping up its regulation of Big Tech, said it was considering if the deal would result in lesser competition in the…
Microsoft Leads $27 Million Early-Stage Funding in Crypto Startup Palm NFT Studio
Crypto startup Palm NFT Studio said on Thursday it had raised $27 million in an early-stage funding round led by Microsoft Corp’s venture fund M12 with participation from venture firm Griffin Gaming Partners. Palm NFT, co-founded by Joseph Lubin, offers services for artists to establish NFT marketplaces. Lubin was also one of the co-founders of…
Allies Follow US Boycott of Beijing Olympics
In a blow to China’s cyber-spying network, Microsoft shut down 42 websites from a Chinese hacker group on Monday. The websites run in nearly 30 countries, including the United States. The United States won’t send officials to the Beijing Winter Olympics. Are the United States’ key allies following suit? Beijing thought the European Union would…
Microsoft Seizes 42 Websites Used by China-Based Hacking Group to Carry out Cyberattacks on US Organizations
Microsoft seized a number of websites that were being used by a China-based hacking firm to carry out cyberattacks against organizations in the United States and 28 other countries around the world, the company announced on Monday. In a news release, the technology corporation said that a federal court in Virginia had granted Microsoft’s Dec. 2 request to allow…
Microsoft Shareholders Back Proposal Seeking Report on Harassment
Arjuna Capital is a Boston-based investment adviser and frequent filer of shareholder resolutions pressing companies for changes like disclosing more data on pay equity. Microsoft already internally shares annual data on the volume of sexual harassment concerns raised and the results of the investigations into them. It has now adopted plans to make that data…
Microsoft CEO Cuts Holding by 50 Percent
Microsoft Corp. CEO Satya Nadella sold about 838.6K shares of common stock on Nov. 22 and 23. The total transaction size was $285.3 million. The selloff reduced Nadella’s holding in Microsoft by 50 percent. Analysts hailed the company by raising the price targets following its Q1 beat. Price Action Microshoft shares traded lower by 2.44…
Microsoft Sees Growing Iranian Spying Threat on IT Sector
Microsoft Corp. (MSFT) has observed multiple Iranian threat actors targeting the IT services sector in attacks that aim to steal sign-in credentials belonging to downstream customer networks to enable further attacks. The Microsoft Threat Intelligence Center (MSTIC) and Digital Security Unit (DSU) assess this as part of a broader spying objective to compromise organizations of…
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