The Latest Breaking News from Microsoft Corp

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google invested in its Africa product development center debut in Nairobi, looking to host 800 million internet users and a third of the world's youth population by 2030. Its peer, Microsoft Corp (NASDAQ: MSFT), also invested in technology development hubs in Kenya and Nigeria, pumping $100 million and hiring hundreds of engineers…

Two analysts remained bullish despite slashing their price targets on Microsoft Corp (NASDAQ:MSFT). Citigroup analyst Tyler Radke maintained Microsoft with a Buy and lowered the price target from $386 to $355 (24.8% upside). Amidst rising investor concerns around the sustainability of robust software demand and valuation multiples, Citi analyst Tyler Radke expects MSFT's results to…

RBC Capital analyst Brad Erickson reiterated Outperform on Meta Platforms Inc (NASDAQ:FB), but lowered the price target from $245 to $240 (11.3% upside). Another round of SMB ad agency channel checks raised the conviction that FB will likely see another rocky quarter, prompting lower estimates and PT to $240.  The beneficiaries from FB erosion…

Microsoft Corp (NASDAQ: MSFT) shares are down about 10% over a five-day period. The stock continues to slide Tuesday after analysts warned of Office 365 deceleration.

Some Microsoft Corp (NASDAQ:MSFT) customers and rivals alleged that Microsoft repeatedly used its leverage over one market to hinder competition in another, Bloomberg reports.  Microsoft’s practices cut across cloud computing, where it played catch-up, and productivity software, where it dominated. The Windows operating system held a 96% share of the personal-computer market in 2021,…

German entrepreneur Christian Reber who sold his to-do list app Wunderlist to Microsoft Corp (NASDAQ:MSFT) in 2015, raised funding for a follow-on app called Superlist, CNBC reports. Reber secured €10 million ($11 million) in a seed funding round led by venture capital firm EQT Ventures, reaching a total of €13.5 million. Superlist will…

UBS painted a cautious picture of Microsoft Corp (NASDAQ: MSFT) and Alibaba Group Holding Ltd (NYSE: BABA).

Activision Blizzard Inc (NASDAQ:ATVI) looks to convert 1,100 U.S.-based temporary and contingent quality assurance workers of some divisions to full-time employees, starting July 1, Reuters reports. Microsoft Corp's (NASDAQ:MSFT) acquisition target looks to raise the minimum hourly wages for the employees from the Activision Publishing and Blizzard divisions to $20 or more and offer them…

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 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)…

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…