Latest Microsoft Corp News

Asian shares little changed, mixed in lackluster trading

Jul. 15, 2019 10:35 PM EDT

TOKYO (AP) — Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. Japan's benchmark Nikkei 225 lost 0.7% in early trading to 21,531.05. Australia's S&P/ASX 200 was little changed but slightly lower at...

Judge sides with Pentagon and Amazon in cloud bidding case

Jul. 12, 2019 5:56 PM EDT

A federal judge has dismissed allegations that bidding for a $10 billion cloud computing contract with the Pentagon was rigged to favor Amazon. Friday's ruling dismissing Oracle's claims clears the Defense Department to award the contract to one of two finalists: Amazon or Microsoft. It will be a boon for...

Business Highlights

Jul. 12, 2019 5:01 PM EDT

___ Report: FTC approves roughly $5B fine for Facebook SAN FRANCISCO (AP) — A Wall Street Journal report says that the FTC has voted this week to approve a fine of about $5 billion for Facebook over privacy violations. The report Friday cites an unnamed person familiar with the matter. Facebook and the FTC...

Microsoft strikes next deal to extend broadband in 3 states

Jul. 9, 2019 1:04 PM EDT

COLUMBUS, Ohio (AP) — Microsoft Corp. and an Ohio-based provider of telecommunications services announced an agreement Tuesday to extend broadband internet access to underserved rural areas of Ohio, Indiana and Illinois over the next three years. The deal between Microsoft and Lima-based Watch...

More alcohol seized in connection to resort for ultra-rich

Jul. 8, 2019 6:56 PM EDT

HELENA, Mont. (AP) — Montana officials said Monday that they confiscated over 800 bottles and cans of alcohol in a raid just days after the Yellowstone Club signed a deal to settle charges of serving booze at unlicensed bars at the private ski resort for the ultra-rich. Officials believe the alcohol seized...

Asian shares climb after US benchmarks hit record highs

Jul. 3, 2019 10:58 PM EDT

TOKYO (AP) — Shares opened higher in Asia on Thursday, tracking the ascent by major U.S. indexes to record highs. The rally follows a slight easing of trade tensions between the U.S. and China after they agreed to refrain from new tariffs pending a new round of negotiations. That has relieved some pressure...

Asian stocks rise after Wall Street record on trade truce

Jul. 2, 2019 12:22 AM EDT

BEIJING (AP) — Most Asian stock markets rose Tuesday after Wall Street's benchmark hit a new high following the latest truce in the costly U.S.-Chinese trade war. Tokyo and Sydney rose, while Shanghai was unchanged. Hong Kong rose strongly in early trading despite protests over a proposed extradition law...

Former Microsoft employee gets 2 years for embezzlement

Jun. 28, 2019 6:07 PM EDT

SEATTLE (AP) — A former Microsoft sports marketing director has been sentenced to more than two years in prison after admitting he tried to embezzle $1.5 million — including $240,000 worth of Super Bowl tickets. U.S. District Judge Ricardo Martinez sentenced Jeff Tran to 28 months Friday. Tran, who...

Wayfair workers protest furniture sale to detention center

Jun. 26, 2019 5:49 PM EDT

BOSTON (AP) — Employees at online home furnishings retailer Wayfair walked out Wednesday to protest the company's decision to sell $200,000 worth of furniture to a government contractor that runs a detention center for migrant children in Texas. The protest triggered a broader backlash against the company,...

Asian shares mostly lower as investors look to G-20 meeting

Jun. 25, 2019 11:04 PM EDT

TOKYO (AP) — Asian shares were mostly lower Wednesday as investors awaited developments on the trade friction between the U.S. and China at the Group of 20 meeting of major economies in Japan later in the week. Japan's benchmark Nikkei 225 slipped 0.5% to 21,088.32 in early trading, while Australia's...