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The Federal Trade Commission has officially abandoned its attempt to block Microsoft’s $69 billion acquisition of Activision Blizzard, marking the end of one of the most high-profile antitrust challenges initiated during the Biden administration. In an order issued Thursday, the FTC stated that it would dismiss the case, concluding that “the public interest is best …

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A recent report reveals that two major tech players are working on a new agreement that could shape the future of artificial intelligence. The discussions focus on fresh investments and the possibility of one company going public in the future. These talks are crucial because they will decide how much ownership the investing company keeps …

Microsoft outage hits global users

Television channels, airports, and banks worldwide experienced a massive outage causing Windows computers to shut down unexpectedly. Sky News's breakfast show was off the air on Friday morning, replaced by archive footage. Downdetector, a site monitoring outages, reported sudden spikes in issues with Microsoft applications, banking websites, and airline apps. Ryanair's website urged passengers to …

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Microsoft will not have an observer seat on the board of OpenAI. Apple's possible similar role is also affecting the decision. In general, regulators are looking at how big tech firms are cooperating with AI startups to ensure competition stays fair and development is safe. Microsoft has announced it will step down from its observer …

OpenAI ends the role of APPLE microsoft

Microsoft has relinquished its observer seat on the board of OpenAI, while Apple will not be taking up a similar role, amid increasing global regulatory scrutiny of Big Tech’s investments in AI startups. Microsoft, which has invested $13 billion in OpenAI, the creator of the ChatGPT chatbot, announced in a letter to OpenAI that its …

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Last month, AI chip leader Nvidia briefly claimed the title of the world's richest company, surpassing Microsoft, which had recently overtaken Apple. This news prompted spontaneous applause at a tech industry event I attended in Copenhagen. Currently, Nvidia has slipped back to second place, with its market value dropping to $3 trillion (£2.4 trillion) compared …

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Microsoft intends to build a sizable data center close to Leeds. Known as a "hyperscale" datacenter, this new facility can be built on a 48-acre plot of land where the historic Skelton Grange power plant once stood. Similar to some other center they're constructing in Newport, this undertaking is a part of Microsoft's huge investment …

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Microsoft has regained its position as the world's most valuable company, overtaking Nvidia after the AI chip giant's shares fell by more than 3.5% on Thursday. Nvidia had briefly held the top spot from Tuesday, with a market valuation of $3.34 trillion. However, Nvidia's share price dropped to $130.78, bringing its value down to around …

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Rubrik Inc., a cloud and data security startup supported by Microsoft Corp., has finalized its initial public offering (IPO) above the expected range, raising a total of $752 million. Rubrik: Microsoft-Backed Startup Prices IPO at $32 per Share to Raise $752m Originally planning to sell 23 million shares within the $28 to $31 range, Rubrik …

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The origins of Microsoft trace back to April 4, 1975, when Bill Gates and Paul Allen founded the company in Albuquerque, New Mexico. The duo, driven by a shared passion for computers and programming, envisioned a future where personal computers would be a common fixture in homes and businesses. Founding Vision: Gates and Allen's initial …

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The FTC v. Microsoft hearing commenced with a bang as Microsoft dropped a bombshell email from Sony's PlayStation chief, Jim Ryan, during the opening statement of their lawyer, Beth Wilkinson. The email exchange between Ryan and former CEO of Sony Computer Entertainment, Chris Deering, revealed that Ryan did not believe Call of Duty would become …

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Microsoft acquired the popular sandbox video game, Minecraft, in 2014. Minecraft, which was developed by the Swedish company Mojang AB, was one of the most successful indie games of all time, having sold over 100 million copies across various platforms. Microsoft recognized the potential of Minecraft and the opportunities that it could bring to its …

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