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UNBELIEVABLE: 11 | History Defined

This Gadget-Rental Firm's Latest Fundraising Earns It Unicorn Status

Grover Deutschland GmbH raised $330 million at a valuation of over $1 billion, the Wall Street Journal reports. In a Series C round led by Energy Impact Partners, Grover raised $110 million in equity and $220 million in debt. The New York-based sustainability-focused investment firm provided $28 million in equity. Grover looks…

Boeing Partners With Microsoft, Amazon, Google For Cloud Services

Boeing Partners With Microsoft, Amazon, Google For Cloud Services

Boeing Co (NYSE:BA) is deepening its strategic relationship with Microsoft Corp. (NASDAQ:MSFT) to drive its digital transformation. Boeing will use the Microsoft Cloud and its AI capabilities to upgrade its technology infrastructure and mission-critical applications with intelligent new data-driven solutions, opening up new ways of working, operating, and conducting business. Boeing also expanded its relationship with Amazon.com, Inc. (NASDAQ:AMZN)…

US Big Tech Continue To Raise Global Regulatory Concerns

US Big Tech Continue To Raise Global Regulatory Concerns

The House Oversight Committee on Friday launched an investigation into Amazon.com Inc's (NASDAQ:AMZN) labor practices, CNBC reports. The House demanded information about a deadly warehouse collapse in Illinois in 2021 as a tornado hit the warehouse, killing six workers. The workers had alleged inadequate safety protocols for severe weather events. The Competition Commission…

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Microsoft Stock Marches Higher Over Last Month: What's Going On?

Microsoft Corp (NASDAQ: MSFT) shares are trading slightly lower Friday morning. The stock was up about 7% during the month of March. Here's a look at what happened.

Read About Apple's Latest Subscription Offering As It Looks To Reduce Dependence On Devices

Apple Inc (NASDAQ:AAPL) launched Apple Business Essentials, a new program for businesses to set up, manage and install software on workers' iPhones, iPads, and Macs. The product is aimed at smaller customers, primarily those without dedicated IT departments. It comes at a monthly price of $2.99 to $24.99 per worker. The product enables…

Global M&A activity hits the skids in Q1

The value of global merger and acquisition (M&A) activity took a 29% hit in the first quarter of 2022 as market volatility fuelled by Russia's invasion of Ukraine pushed the brakes on last year's breakneck pace of dealmaking.

Microsoft Snaps This Process Mining Specialist For Undisclosed Sum

Microsoft Corp (NASDAQ:MSFT) acquired Minit, a leader in process mining technology. The financial terms of the transaction remain undisclosed. Minit enabled businesses to transform how they analyze, monitor, and optimize their processes. Minit’s solutions have helped businesses gain deep insights into how processes run, uncover root causes of operational challenges and help mitigate…

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Microsoft-Activision Deal Faces Regulatory Roadblock: WSJ

Microsoft-Activision Deal Faces Regulatory Roadblock: WSJ

Four U.S. Senators sent a letter to the Federal Trade Commission citing concerns about Microsoft Corp’s (NASDAQ:MSFT) proposed acquisition of Activision Blizzard Inc (NASDAQ:ATVI), the Wall Street Journal reports. The Senators voiced concerns over undermining employees’ calls for accountability over alleged misconduct at the videogame giant. The deal could aggravate the barrage of sexual abuse, harassment, and…

Datadog And Microsoft? Why DDOG Shares Are Rising After Hours

Datadog And Microsoft? Why DDOG Shares Are Rising After Hours

Datadog Inc (NASDAQ: DDOG) shares are trading higher in Wednesday's after-hours session after the company announced a partnership with Microsoft Corp (NASDAQ: MSFT).

Grab Loses Its Tech Lead To This Crypto Gaming Startup

Grab Loses Its Tech Lead To This Crypto Gaming Startup

Grab Holdings Inc's (NASDAQ:GRAB) technology head quit the ride-hailing and food-delivery company after seven years to lead a new cryptocurrency gaming venture, Bloomberg reports. Wui Ngiap Foo, in charge of Grab's mobility-services fleet, would depart on March 31. Foo looked to join crypto gaming startup, Ethlas, as CEO and co-founder in the…

Sony's New Gaming Subscription PlayStation Plus Vs. Microsoft Game Pass - How Analysts View It

Sony's New Gaming Subscription PlayStation Plus Vs. Microsoft Game Pass - How Analysts View It

Sony Group (NYSE:SONY) bundled its existing PlayStation Plus and PlayStation Now services into one single subscription service called PlayStation Plus. Sony's move seems to pit it against Microsoft Corp's (NASDAQ:MSFT) Xbox Game Pass game subscription service, Reuters reports. The revamped Sony service combines the current PlayStation Plus, which has 48 million subscribers, with PlayStation Now, which…

Microsoft Security Chief Suggests Mandatory Steps To Secure Metaverse

Microsoft Security Chief Suggests Mandatory Steps To Secure Metaverse

Microsoft Corp's (NASDAQ:MSFT) new security chief, Charlie Bell, strongly urged to build protection from hackers and criminals in the emerging metaverse. Hackers could make genuine-looking avatars making it hard to resist. Bell warned against the possibilities of an avatar of a teller in a virtual bank lobby seeking information or a CEO avatar…

Microsoft Ex-Employee Raises Corruption Charges In Middle East, Africa

Microsoft Ex-Employee Raises Corruption Charges In Middle East, Africa

Microsoft Corp (NASDAQ:MSFT) fired some employees and terminated partnerships concerning bribery allegations in its sales efforts in the Middle East, the Wall Street Journal reports. A former Microsoft manager Yasser Elabd, who worked throughout the Middle East and Africa from 1998 to 2018, made the allegations public after being fired. Elabd alleged that Microsoft…

After US, Big Tech Sees More Trouble From EU: Reuters

After US, Big Tech Sees More Trouble From EU: Reuters

Strict new rules targeting the U.S. tech giants will likely be effective in October, Reuters reports based on EU antitrust chief. In 2021, Margrethe Vestager proposed a list of dos and don'ts for Amazon.com Inc (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL), Meta Platforms Inc (NASDAQ:FB), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) unit Google and Microsoft Corp (NASDAQ:MSFT) under the Digital Markets Act. Also Read: US Senate Votes…

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China Orders Temporary Suspension Of Microsoft Search Engine Auto Suggest: Reuters

Chinese regulator ordered Microsoft Corp (NASDAQ:MSFT) search engine Bing to suspend its auto-suggest feature for a week for undisclosed reasons, Reuters reports. It marks Bing's second regulatory suspension since December. "Bing is a global search platform and remains committed to respecting the rule of law and users' right to access information," Bing said. Recently…

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China Requires Microsoft’s Bing to Suspend Auto-Suggest Feature

Microsoft Corp's Bing, the only major foreign search engine available in China, said a "relevant government agency" has required it to suspend its auto-suggest function in China for seven days. The suspension marks the second of its kind for Bing since December, and arrives amid an ongoing crackdown on technology…

Google Shares Findings On Ransomware Hacker Group

Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google detected a group of ransomware hackers trying to breach companies in 2021, exploiting a vulnerability in Microsoft Corp’s (NASDAQ:MSFT) Windows. The group sent over 5,000 malicious emails a day to up to 650 global organizations, often leveraging a flaw in MSHTML. Microsoft issued a security fix for the Windows vulnerability…

Jefferies Sees Potential In Microsoft's Power Platform

Jefferies analyst Brent Thill notes Microsoft Corp's (NASDAQ: MSFT) emerging Power Platform has "an outsized impact via a halo effect" on the entire Microsoft suite.

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How Snowflake Investors Can Learn From Microsoft

Leading up to the dot-com bubble, Microsoft Corp (NASDAQ: MSFT) and other high-growth tech stocks surged as investors awarded the companies higher multiples on future prospects.

Microsoft Joins Other Investors In Raising Funds For This Blockchain Start-up

Blockchain start-up ConsenSys raised $450 million in a new round of funding that more than doubled its valuation to $7 billion, CNBC reports. Joseph Lubin founded ConsenSys. Lubin was also the co-founder of Ethereum, the blockchain platform behind ether, the second-biggest cryptocurrency. ConsenSys' most popular products include the MetaMask cryptocurrency wallet and Infura,…

Microsoft CFO Stressed On The Importance Of Windows: CNBC

Microsoft Corp (NASDAQ:MSFT) CFO highlighted the success of Windows, which held ~80% share of the market in 2021, compared to ~11% for Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Google-backed Chrome OS, and 8% for Apple Inc's (NASDAQ:AAPL) MacOS, CNBC reports. Amy Hood emphasized that Windows still earned Microsoft tens of billions of dollars per year in highly profitable…

DOJ, SEC Investigate Possible Insider Trading Violation On Microsoft-Activision Deal: WSJ

Federal prosecutors and securities regulators are investigating three men with an unrealized profit of ~$60 million on the options trade, betting on Microsoft Corp's (NASDAQ:MSFT) acquisition of Activision Blizzard Inc (NASDAQ:ATVI), the Wall Street Journal reports. The Justice Department investigated for possible violation of insider-trading law by the options trades violated insider-trading laws. The SEC…

Benchmark Remains Bullish On Take-Two Interactive Software, Thanks To Sony and Microsoft

Benchmark analyst Mike Hickey reiterated a Buy rating and $200 price target (29.1% upside) on Take-Two Interactive Software Inc (NASDAQ:TTWO). The re-rating came after he confirmed software pricing with the company for the upcoming "Grand Theft Auto V" and "GTA Online" releases for Sony Group Corp (NYSE:SONY) PlayStation 5 and Microsoft Corp (NASDAQ:MSFT) Xbox Series X/S. Hickey said the…

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Microsoft Unveils Fourth Data Center in India

Microsoft Corp unveiled its fourth data center in India on Monday, betting on rising digital consumption in one of its fastest-growing markets. Microsoft India head Anant Maheshwari said the company was making long-term investments in the country, although he declined to confirm reports by local media of a $2 billion…

Microsoft Suspends Sales In Russia; Wedbush Sees Minimal Effect To US Tech Industry From Pullback

Microsoft Corp (NASDAQ: MSFT) suspended sales of product

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