Latest Microsoft Corp News
Asian shares track Wall Street retreat on pandemic pains
Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain. Hong Kong's Hang Seng lost 0.3% to 23,894.72 and the Kospi in South Korea sank 1.7% to 2,348.24. The S&P/ASX 200 in Australia lost 0.6% to 5,787.00 and the Shanghai Composite index edged 0.1%...
Micosoft will buy video game maker ZeniMax for $7.5 billion
REDMOND, Wash. (AP) — Microsoft is buying the company behind popular video games The Elder Scrolls, Doom and Fallout. The software giant said Monday that it is paying $7.5 billion for ZeniMax Media, the parent company of video game publisher Bethesda Softworks. Microsoft said it is buying Bethesda in part...
As Trump holds back, tech firms step in on election security
WASHINGTON (AP) — Adam Schiff was in the audience at the 2018 Aspen Security Forum when a Microsoft executive mentioned an attempted hacking of three politicians up for reelection. It was the first that Schiff, then the top Democrat on the House Intelligence Committee, had ever heard of it. Schiff said he...
US stocks fall as market decline extends for third week
Wall Street capped another turbulent week of trading Friday with a broad slide in stocks that left the S&P 500 with its third-straight weekly loss. The S&P 500 fell 1.1%, led once again by a sell-off in technology companies, with Apple, Amazon and Alphabet weighing particularly on the market. Technology...
Sony's new $500 PlayStation 5 will launch Nov. 12
Sony's upcoming PlayStation 5 video game console will cost $500 and launch Nov. 12, the company said Wednesday, setting up a holiday battle with Microsoft's Xbox Series X over whose new console will turn up under more trees this year. Video game fans have been chomping at the bit for the new consoles, and not...
The Latest: UN assembly head warns of pandemic unilateralism
UNITED NATIONS — The new president of the U.N. General Assembly is warning that unilateralism will only strengthen the COVID-19 pandemic and is calling for a new commitment to global cooperation including on the fair and equitable distribution of vaccines. Turkish diplomat and politician Volkan Bozkir, who...
Bill Gates Sr., father of Microsoft co-founder, dies at 94
SEATTLE (AP) — William H. Gates II, a lawyer and philanthropist best known as the father of Microsoft co-founder Bill Gates, has died at 94. Gates died peacefully Monday at his beach home in Washington state from Alzheimer's disease, the family announced Tuesday. In an obituary the family credited the...
Asian markets mixed after Wall Street rises on dealmaking
Asian stocks were mixed Tuesday after Wall Street rose on a flurry of corporate deals and China's economic activity improved. Tokyo declined while Hong Kong and Seoul gained. Shanghai was little-changed. Wall Street's S&P 500 index closed 1.3% higher, driven by gains for technology, health care and finance...
Oracle and TikTok struck a deal. What it is, none will say
The short-video app TikTok has chosen Oracle as its corporate savior to avoid a U.S. ban ordered by President Donald Trump. The U.S. government will review the prospective deal. That much is known. Everything else is confusion, at least to outsiders. For instance: — What does it mean that, as Oracle...
Q&A: What does a deal between TikTok and Oracle mean?
HONG KONG (AP) — ByteDance, the Chinese company that owns the popular video-sharing app TikTok, has chosen Oracle over Microsoft as a new American technology partner to help keep the app operating in the U.S. TikTok confirmed the decision Monday, echoing earlier statements from Oracle and the U.S. treasury...
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