Latest Microsoft Corp News

Microsoft, Corning rise; Navient, F5 fall

Jan. 26, 2022 16:39 PM EST

Stocks that traded heavily or had substantial price changes Wednesday: Microsoft Corp., up $8.22 to $296.71. The software maker beat analysts' fiscal second-quarter profit forecasts on strong demand for its cloud-computing services and work software. ...

Biden gets CEO support for economic agenda

Jan. 26, 2022 15:51 PM EST

WASHINGTON (AP) — President Joe Biden on Wednesday secured the blessing of several business leaders on his economic agenda that has stalled in the Senate, part of an effort to restart some momentum for the nearly $2 trillion in spending and tax increases that he's proposed. Biden...

Gates Foundation expands board following Bill, Melinda split

Jan. 26, 2022 12:41 PM EST

The Bill and Melinda Gates Foundation announced Wednesday it will add four members to its board of trustees, a first for the Seattle-based philanthropic giant whose decision making has been guided by very few hands since its incorporation in 2000. The foundation, one of the world's...

Asian shares mixed in narrow trading ahead of Fed meeting

Jan. 25, 2022 21:45 PM EST

TOKYO (AP) — Asian shares were mixed in muted trading Wednesday as many investors stayed on the sidelines ahead of a U.S. Federal Reserve meeting that will indicate how aggressive it will be in fighting inflation. Japan's benchmark Nikkei 225 slipped 0.7% in morning trading to...

Microsoft profits up 21%, giving cushion for gaming push

Jan. 25, 2022 17:02 PM EST

REDMOND, Wash. (AP) — Demand for Microsoft’s cloud-computing services and work software helped boost its quarterly profits by 21% as the pandemic continued to keep many office workers at home. The Redmond, Washington company on Tuesday reported fiscal second-quarter profit of...

EXPLAINER: Microsoft's Activision buy could shake up gaming

Jan. 19, 2022 16:40 PM EST

Microsoft stunned the gaming industry when it announced this week it would buy game publisher Activision Blizzard for $68.7 billion, a deal that would immediately make it a larger video-game company than Nintendo. Microsoft, maker of the Xbox gaming system, said acquiring the owner...

Microsoft buys game maker Activision Blizzard for about $70B

Jan. 18, 2022 19:23 PM EST

Microsoft is paying the enormous sum of nearly $70 billion for Activision Blizzard, the maker of Candy Crush and Call of Duty, a deal that would immediately make it a larger video-game company than Nintendo while raising questions about the deal’s possible anti-competitive effects. ...

Majority of US states pursue nuclear power for emission cuts

Jan. 18, 2022 17:23 PM EST

PROVIDENCE, R.I. (AP) — As climate change pushes states in the U.S. to dramatically cut their use of fossil fuels, many are coming to the conclusion that solar, wind and other renewable power sources might not be enough to keep the lights on. Nuclear power is emerging as an answer...

In tiny Wyoming town, Bill Gates bets big on nuclear power

Jan. 18, 2022 17:21 PM EST

KEMMERER, Wyoming (AP) — In this sleepy Wyoming town that has relied on coal for over a century, a company founded by the man who revolutionized personal computing is launching an ambitious project to counter climate change: A nationwide reboot of nuclear energy technology. Until...

US regulators aiming at illegal and anticompetitive mergers

Jan. 18, 2022 15:24 PM EST

WASHINGTON (AP) — U.S. competition regulators have mounted an effort to tighten enforcement against illegal mergers, in line with President Joe Biden’s mandate for greater scrutiny to big business combinations. The Justice Department and the Federal Trade Commission announced...