Latest Microsoft Corp News

FILE - President Donald Trump points to a question as he speaks during a briefing with reporters in the James Brady Press Briefing Room of the White House, in Washington.  TikTok and its U.S. employees are planning to take the Trump administration to court over a sweeping order that could ban the popular video app, according to a lawyer preparing one of the lawsuits. The employees’ legal challenge to Trump’s executive order will be separate from a pending lawsuit from the company that owns the app, says Mike Godwin, an internet policy lawyer representing the employees. (AP Photo/Alex Brandon)

TikTok and its employees prepare to fight Trump over app ban

Aug. 13, 2020 7:52 PM EDT

TikTok and its U.S. employees are planning to take President Donald Trump's administration to court over his sweeping order to ban the popular video app, according to a lawyer preparing one of the lawsuits. The employees' legal challenge to Trump's executive order will be separate from a pending lawsuit from the...

FILE - This July 21, 2020 file photo shows The New York Stock Exchange.  Stocks are rebounding in early trading on Wall Street Wednesday, Aug. 12, carrying the S&P 500 back toward the cusp of its record high. The benchmark index was up 1% after the first half-hour of trading and on pace for its eighth gain in nine days.  (AP Photo/Mark Lennihan, File)

Stocks rebound on Wall Street, S&P 500 trades above record

Aug. 12, 2020 5:54 PM EDT

Stocks marched broadly higher on Wall Street Wednesday, briefly nudging the S&P 500 above its all-time closing high set in February, before the coronavirus pandemic led to a historic market plunge. The benchmark index notched a 1.4% gain, its eighth in nine days. It ended within 0.2% of its record high from...

FILE - In this Oct. 2, 2019, file photo, a Microsoft Surface Duo is displayed in New York. Microsoft is back to selling smartphones for the first time since it abandoned its mobile business more than four years ago.
The company began taking orders Wednesday, Aug. 12, 2020, for the Surface Duo, a new dual-screen Android device that costs $1,399 and begins shipping in September. (AP Photo/Mark Lennihan, File)

Microsoft back in the smartphone business with its new Duo

Aug. 12, 2020 9:39 AM EDT

Microsoft is back to selling smartphones for the first time since it abandoned its mobile business more than four years ago. The company began taking orders Wednesday for the Surface Duo, a new dual-screen Android device that costs $1,399 and begins shipping in September. The high-priced gadget is designed to...

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Aug. 12, 2020. Shares were mostly lower in Asia on Wednesday after Wall Street pumped the brakes on its recent rally. (AP Photo/Eugene Hoshiko)

Shares mostly lower in Asia after retreat on Wall Street

Aug. 12, 2020 12:07 AM EDT

Shares were mostly lower in Asia on Wednesday after Wall Street pumped the brakes on its recent rally. Tokyo’s Nikkei 225 index edged higher while the Shanghai Composite sank 2%. Overnight, a late slide in big technology companies left indexes broadly lower on Wall Street, breaking a seven-day winning...

How major US stock indexes fared Tuesday

Aug. 11, 2020 4:59 PM EDT

A late slide in big technology companies left indexes broadly lower on Wall Street Tuesday, erasing an early gain and breaking a seven-day winning streak for the S&P 500. The benchmark index remains within striking distance of the all-time high it reached in February. Gains for banks and industrial companies...

A visitor to an Apple store wears a t-shirt promoting Tik Tok in Beijing on Friday, July 17, 2020. U.S. President Donald Trump on Thursday, Aug 6, 2020 ordered a sweeping but unspecified ban on dealings with the Chinese owners of consumer apps TikTok and WeChat, although it remains unclear if he has the legal authority to actually ban the apps from the U.S. (AP Photo/Ng Han Guan)

Q&A: What's up with Trump's orders on TikTok and WeChat?

Aug. 7, 2020 9:50 PM EDT

NEW YORK (AP) — President Donald Trump has ordered sweeping but vague ban on dealings with the Chinese owners of popular apps TikTok and WeChat, saying they are a threat to U.S. national security, foreign policy and the economy. But it's far from clear what the administration intends to actually do when...

Women wearing masks to prevent the spread of the coronavirus chat as they pass by the ByteDance headquarters in Beijing, China on Friday, Aug. 7, 2020. President Donald Trump on Thursday ordered a sweeping but unspecified ban on dealings with the Chinese owners of consumer apps TikTok and WeChat, although it remains unclear if he has the legal authority to actually ban the apps from the U.S. TikTok is owned by Chinese company ByteDance. (AP Photo/Ng Han Guan)

As Trump digs in, will it be US versus China in tech?

Aug. 7, 2020 6:49 PM EDT

NEW YORK (AP) — President Donald Trump’s bans on two popular Chinese social media apps — TikTok and WeChat — are the latest moves in an escalating U.S.-China rift, and point to a future where technology and innovation are increasingly walled behind political barriers. In China, the...

President Donald Trump pumps his fist as he finishes speaking during an event at the Whirlpool Corporation facility in Clyde, Ohio, Thursday, Aug. 6, 2020.  (AP Photo/Susan Walsh)

Trump bans dealings with Chinese owners of TikTok, WeChat

Aug. 7, 2020 3:02 AM EDT

NEW YORK (AP) — President Donald Trump on Thursday ordered a sweeping but unspecified ban on dealings with the Chinese owners of consumer apps TikTok and WeChat, although it remains unclear if he has the legal authority to actually ban the apps from the U.S. The twin executive orders — one for each...

FILE - In this Tuesday, June 16, 2020 file photo, the sun is reflected on Apple's Fifth Avenue store in New York.  Apple has managed to shine amid the gloom, putting it on the cusp of becoming the first U.S. company to boast a market value of $2 trillion, just two years after it became the first to reach $1 trillion. With its stock already up 50% this year, the only question among analysts is whether Apple will pass the $2 trillion milestone before the release of its next-generation iPhones in October.(AP Photo/Mark Lennihan, File)

Apple shines in pandemic with $2 trillion value on horizon

Aug. 6, 2020 1:57 PM EDT

Early in 2020, Apple appeared to be caught in a horrible bind. The initial spread of the novel coronavirus shut down the factories in China that assemble its iPhones and also closed its retail stores in a country that ranks as the company's biggest market besides the U.S. Things looked even bleaker in March after...

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, Aug. 5, 2020. Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. (AP Photo/Vincent Yu)

Asian shares fall on jitters over US stimulus, China trade

Aug. 4, 2020 11:43 PM EDT

BEIJING (AP) — Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney declined. Investors are watching the stalemate among U.S. legislators over employment benefits for...