WASHINGTON—It is a planet astronomers say probably should not even exist. Researchers said on Monday they have spotted a truly extreme planet beyond our solar system, a blazingly hot world a bit bigger than Neptune that orbits a sun-like star every 19 hours and appears to be wrapped in metallic clouds made of titanium and…
UK Blocks Microsoft’s $69 Billion Activision Deal Over Cloud Gaming Concerns
April 27, 2023
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LONDON—Britain will block Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard over concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming. The country’s antitrust regulator said on Wednesday that Microsoft’s commitment to offer access to Activision’s multi-billion dollar “Call of Duty” franchise to…
Microsoft Cloud Outage Hits Users Around the World
January 25, 2023
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Microsoft Corp said on Wednesday it had recovered all of its cloud services after a networking outage took down its cloud platform Azure along with services such as Teams and Outlook used by millions around the globe. Azure’s status page showed services were impacted in Americas, Europe, Asia Pacific, Middle East, and Africa. Only services in…
Microsoft, Amazon Results to Highlight Softening Cloud Business
Slower cloud spending by inflation-hit businesses is expected to stall the sales momentum at Amazon.com Inc. and Microsoft Corp. and add to the troubles of the sector that laid off thousands this month. After years of blistering growth, most recently fueled by remote working and studying during the pandemic, cloud demand has cooled in the…
Microsoft to Roll Out ‘Data Boundary’ for EU Customers From Jan. 1
LONDON/STOCKHOLM—Microsoft Corp. said on Thursday its European Union cloud customers will be able to process and store parts of their data in the region from Jan. 1. The phased rollout of its “EU data boundary” will apply to all of its core cloud services—Azure, Microsoft 365, Dynamics 365, and Power BI platform. Big businesses have…
Cloud to PCs, Microsoft Forecasts Spook Investors as Economy Bites
Microsoft Corp on Tuesday projected second-quarter revenue below Wall Street targets across its business units, stoking fear that macroeconomic headwinds are impacting the cloud business in addition to the PC unit. Revenue growth in the first quarter was Microsoft’s lowest in five years, and shares of the software giant fell 7% in extended trading. Microsoft’s…
UK to Examine Cloud Services Dominated by Amazon, Microsoft and Google
LONDON—Britain said it would investigate competition in cloud services, a market dominated by the “hyperscalers” Amazon, Microsoft and Alphabet’s Google, which together account for around 81 percent of revenue. Communications regulator Ofcom also said on Thursday it would examine other digital markets over the next year, including messaging services such as WhatsApp, FaceTime and Zoom,…
Arm Launches New Chip Design for Cloud and Data Center
OAKLAND, Calif.—Arm Ltd., the British chip technology firm owned by SoftBank Group Corp., on Sept. 14 launched its next generation of data center chip technology called Neoverse V2 to meet the explosive growth of data from 5G and internet-connected gadgets. Arm creates underlying intellectual property that other firms such as Qualcomm or Apple then license…
Adobe Set to Acquire Design Startup Figma for $20 Billion
Software company Adobe announced that it will buy collaborative design startup Figma in a multibillion-dollar deal. According to the agreement, Adobe will buy Figma for approximately $20 billion in a transaction involving roughly half stock and half cash, the tech giant said in a news release on Sept. 15. Adobe will grant six million additional restricted stock…
Why Microsoft’s Results Are Reminder ‘Cloud Software Eating the World’ Mantra Has Further Legs
Software giant Microsoft Corporation reported late Tuesday forecast-beating results for its fiscal-year third quarter, and the stock reacted with a move to the upside. The Microsoft Analyst Piper Sandler analyst Brent Bracelin reiterated an Overweight rating and $352 price target for Microsoft shares. The Microsoft Thesis Microsoft’s Cloud segment climbed 32 percent year-over-year to $23 billion in the March…
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