FTC signals crackdown on loopholes protecting Big Tech's unreported acquisitions
The FTC's Office of Policy Planning released findings on Wednesday from a study which focused on over 600 unreported acquisitions by Alphabet, Amazon, Apple, Facebook, and Microsoft between Jan. 1, 2010 and Dec. 31, 2019.
Microsoft scraps some passwords: Here's what that means for you
The tech giant created a passwordless sign-in for users, meaning they will no longer need to enter a password in order to gain entry into a Microsoft account.
Biden recruits Disney, Microsoft CEOs to push COVID-19 vaccine mandate
President Biden on Wednesday met with some of the top business leaders in the country, including the CEOs of Microsoft, Walt Disney and Walgreens, days after the White House announced strict vaccination rules for millions of workers as the highly contagious delta variant surges.
Microsoft announces share buyback of up to $60 bln, ups dividend
Microsoft Corp said on Tuesday its board had authorized a new share buyback program of up to $60 billion, while also raising the quarterly dividend by 11%.
Microsoft scraps plans for returning to the office amid COVID-19 delta variant spread
Microsoft and its subsidiary LinkedIn have decided to ditch their plans for employees to return to U.S. offices in October, postponing such a move indefinitely as COVID-19 cases increase due to the delta variant.
Microsoft warns Azure customers of flaw that could have permitted hackers access to data
Microsoft warned some of its Azure cloud computing customers that a flaw discovered by security researchers could have allowed hackers access to their data.
Microsoft stock's record run being driven by Office 365 pricing and cloud
Microsoft is raising prices on its Office 365 product and the move is being hailed as savvy as a good poker play.
Facebook, Twitter, LinkedIn taking steps to protect Afghan users from Taliban targeting
Tech companies like Facebook, Twitter and LinkedIn were working this week to secure the accounts of Afghans at risk of being targeted by the Taliban, which has taken over the country, according to reports.
Microsoft protests government's decision to award Amazon cloud contract
Microsoft Corporation has filed a protest with the Government Accountability Office (GAO) against a Department of Defense contract awarded to Amazon.com.
Inside Jeffrey Epstein, Bill Gates' relationship, late financier's final 'f--- you' to the tech boss: report
More details are emerging about the depth of former Microsoft boss Bill Gates and Jeffrey Epstein's relationship.
LinkedIn must face narrowed US lawsuit claiming it overcharged advertisers
Led by TopDevz Inc and Noirefy Inc, the advertisers said LinkedIn had been counting video ad "views" from users' LinkedIn apps, even when the videos were playing only off-screen because users had scrolled past them.
Melinda French Gates and MacKenzie Scott team up for $40M donation
The ex and soon-to-be ex of two of the richest men in the world are teaming up to give away $40 million to four organizations that promote gender equality.
House Republicans introduce draft bill to strip Big Tech companies of Section 230 protections
Reps. Cathy McMorris Rodgers and Jim Jordan have drafted legislation that would remove Section 230 protections from Big Tech companies and require them to report any content moderation decisions.
Microsoft beats expectations on earnings and revenue
Microsoft reported beating expectations on earnings and revenue in its fiscal fourth-quarter results after the closing bell on Tuesday.
Microsoft applauds Biden's China slap after hack
China’s Microsoft hack is being condemned by the Biden administration and NATO. Now, the software giant says it’s a first step in cracking down on accountability.
Texas Rep. Pat Fallon dumped Microsoft stock before Pentagon nixed $10B JEDI contract
A congressman who supervises the Defense Department’s tech spending dumped up to $250,000 worth of Microsoft stock two weeks before the Pentagon revealed it was canceling a $10 billion contract with the software giant, according to public documents.
Bill Gates, amid controversies, hits Sun Valley to talk climate change
Microsoft co-founder Bill Gates and the world's fourth-richest person is one of the most high-profile speakers at Sun Valley Idaho's Allen & Co. conference.
Pentagon cancels JEDI contract as Amazon, Microsoft duke it out
The Defense Department has canceled its Joint Enterprise Defense Infrastructure (JEDI) contract as Amazon and Microsoft sparred for years over the deal.
ViacomCBS chief Bakish blocked again from major media mogul meeting
Fox Business has learned that ViacomCBS CEO Bob Bakish once again won’t be attending the investment bank’s annual “summer camp for billionaires” in Sun Valley where the rich and famous in the world of the media and finance think big thoughts and at times lay the groundwork for potential deal making.
Cash-laden companies are on a mergers and acquisitions spree
Businesses spent $1.74 trillion on mergers and acquisitions involving U.S. companies during the first six months of the year—the highest amount in more than four decades—as finance chiefs tapped into cheap funding options to acquire technologies, services and other assets.