The company also said it would make a more secure version of its Bing search engine available immediately to businesses, aiming to address their data-protection concerns, grow their interest in AI
Microsoft Corp. kicked off its hotly-anticipated court hearing with the UK antitrust agency Monday as it moves closer to sealing the $69 billion Activision Blizzard Inc. deal
This deal puts an end to the battle between two tech and gaming giants that has been going on since Microsoft announced the acquisition of Activision in January 2022
The deal is for 10 years, a Microsoft spokesperson said. Microsoft inked a 10-year deal last year with Nintendo Co. Ltd. for the availablility of Call of Duty
Activision climbed as much as 4.4% in after-hours trading, rising to $94 from its close of $90.07. Microsoft gained 1.5%
British antitrust regulators on Friday extended their deadline to issue a final order blocking Microsoft's USD 69 billion plan to buy video game maker Activision Blizzard, allowing them to consider the US tech giant's detailed and complex submission" pleading its case. The Competition and Markets Authority had rejected the deal the biggest in tech history over fears it would stifle competition for popular game titles like Call of Duty in the fast-growing cloud gaming market. But the UK watchdog appears to have softened its position after a judge thwarted US regulators' efforts to block the deal. The authority says it has pushed its original deadline back six weeks to August 29 so it could go through Microsoft's response, which details material changes in circumstance and special reasons why regulators shouldn't issue an order to reject the deal. The watchdog's decision could be a good sign for Microsoft and Activision as they battle to close the agreement signed nearly 18 months
A China-based hacking group has breached email accounts linked to government agencies in Western Europe, Microsoft Corp. says. In a blog post published Tuesday, Microsoft said the group, which it identified as Storm-0558, focuses on acts such as espionage and data theft. The group gained access to email accounts affecting about 25 organisations including government agencies and to accounts of individuals linked to these organisations, and had gone undetected for about a month until customers complained to Microsoft about abnormal mail activity. We assess this adversary is focused on espionage, such as gaining access to email systems for intelligence collection, Charlie Bell, Microsoft's executive vice president of security, said in a separate Microsoft post. The hackers carried out the breach by forging authentication tokens a piece of information used to verify the identity of a user required to access the email accounts. Microsoft has since dealt with the attack and informed ..
A China-based hacking group has breached email accounts linked to government agencies in Western Europe, Microsoft Corp. says. In a blog post published Tuesday, Microsoft said the group, which it identified as Storm-0558, focuses on acts such as espionage and data theft. The group gained access to email accounts affecting about 25 organisations including government agencies and to accounts of individuals linked to these organisations, and had gone undetected for about a month until customers complained to Microsoft about abnormal mail activity. We assess this adversary is focused on espionage, such as gaining access to email systems for intelligence collection, Charlie Bell, Microsoft's executive vice president of security, said in a separate Microsoft post. The hackers carried out the breach by forging authentication tokens a piece of information used to verify the identity of a user required to access the email accounts. Microsoft has since dealt with the attack and informed ..
KPMG will incorporate AI into its core audit, tax and advisory services for clients as part of the five-year partnership. This move is in response to a slowdown in advisory deals
Microsoft and Activision can't close their deal because of the UK veto, said Tom Smith, a competition lawyer at Geradin Partners
The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI's ChatGPT dazzled users with its ability to engage in human-like conversations
Venkat Krishnan, who was heading partnerships, has been promoted to head the government business unit
Maheshwari's exit comes amidst the rejig among top-level executives at the software company; COO Irina Ghose has been promoted to managing director of India
The analysts, led by Keith Weiss, named Microsoft their top pick among large cap software companies, and said that it is the best placed in the sector to benefit from the growth of AI
The company also launched its new Generative AI Enterprise adoption offering for clients, making a bet on the rapidly growing artificial intelligence space
Slack alleged that its rival had unfairly integrated workplace chat and video app Teams into its Office product
Global companies that found mention in the list were Nvidia, SpaceX, OpenAI, Crocs, Taco Bell, BYD, LVMH, and Lockheed Martin
Microsoft on Thursday will try to gain clearance to complete a USD 69 billion takeover of video game maker Activision Blizzard in a legal showdown with U.S. regulators that will reshape a pastime that's bigger than the movie and music industries combined. The battle will pit Microsoft's ambition to expand its video game imprint beyond its Xbox console against the U.S. Federal Trade Commission's bid to block a deal that it contends will stifle competition and innovation to the detriment of consumers. It's the latest twist in a deal that was announced 17 months ago. Both Microsoft CEO Satya Nadella and Activision Blizzard CEO Bobby Kotick are expected to testify at some point during five days of hearings in San Francisco before U.S. District Judge Jacqueline Scott Corley that will conclude June 29. FTC lawyers will call upon experts and a top executive for Sony, the maker of the industry-leading PlayStation video game console, to show why Microsoft will gain an unfair advantage if it
Last year, the list was topped by Microsoft, followed by Mercedes-Benz and Amazon
Other top Microsoft executives, including Chief Financial Officer Amy Hood and Phil Spencer, who heads Microsoft Gaming, are expected to take the witness stand