Microsoft Completed Their $69 Billion Acquistion of Activision
After overcoming regulatory problems all over the globe, Microsoft has completed their $69 billion acquisition of the video game company Activision.
Microsoft Posted Slowest Growth in Over 6 Years
Microsoft announced that the company had its slowest growth in over 6 years for the latest quarter.
Microsoft to Layoff 10,000 Workers
Microsoft to layoff 10,000 workers as the billion dollar company looks to trim costs. This is the largest layoff in almost 8 years.
Paul G. Allen’s Art Collection Sold at Christie’s for Over a $1 Billion
New York City, NY: Microsoft co-founder Paul G. Allen’s art collection sold at auction at Christie’s for over a $1 billion. This makes it the largest art sale in auction…
Stocks Were Down for the Day
The Dow Jones Industrials Average fell 2.4%, Nasdaq fell 4%, The S&P 500 fell 2.8%, Microsoft fell 3.7% and Tesla fell 12%.
Forbes Magazine Named The Year’s Richest People
Forbes Magazine named the wealthiest people: 1- former Amazon CEO and current executive chairman Jeff Bezos $177 billion. 2- Elon Musk $151 billion Tesla. 3- Bernard Arnault and his family…
Mostly Good News for Stocks
The indexes and some major stocks rose today: Dow Jones Industrials Average 1%, Nasdaq 1.4%, S&P 500 1.4% to a record high, Apple 2.4%, Cisco 1.8%, GoDaddy 8.4%, Microsoft 2.3%,…
AT&T Sells Xandr to Microsoft
AT&T will sell Xandr, an advertising platform on the internet, to rival Microsoft.
Microsoft To Shut Down LinkedIn in China
10/14/2021-Microsoft will shut down LinkedIn in China. LinkedIn is the last major U.S. social media site operating in China.