All Posts Tagged With: "Microsoft"

Microsoft Acquiring LinkedIn in Deal Worth $26.2 Billion in Cash

In the world of mergers and acquisitions, a huge deal in the social networking industry was announced on Monday when Microsoft said it would acquire LinkedIn, the social networking site for professionals that has over 433 million members for the price of $26.2 billion equal to $196 a share in cash. The offer of $196 […]

Microsoft Shutters Last Big Part of Purchase of Nokia

Microsoft, to cut the losses from the now ill-fated acquisition, will take a restructuring charge of $950 million and job cuts will come at Finland’s Mobile Oy. Microsoft will close the last big piece of its phone hardware business acquired from Nokia, ending a saga of two years that saw the business stumble badly in […]

Microsoft Stock Plunges On Missed Earnings, Weak Guidance

Software giant Microsoft reported quarterly earnings for its quarter ending March 31. While it was in line more or less with Wall Street expectations, shares plunged in after hours trading late Thursday by over 5%. In part, growth of revenue has become almost non-existent making investors unimpressed. The company issued a poor guidance as well […]

Microsoft Suing United States Government Due to Data Requests

Microsoft Corp sued the United States government for the right to tell customers when a governmental agency was investigating their emails. This is the latest of a number of clashes over the privacy between the tech industry and the U.S. government. The lawsuit, which Microsoft filed Thursday in Seattle, says that the U.S. government is […]

Skype Outage Angers Users Worldwide

A Skype outage has sparked outrage around the world, as users are unable to access many of the service’s features. Skype is a popular messaging app that provides Internet-calling, video and text service to users. Nearly 300 million people around the world use Skype to connect with family, friends, and business colleagues. Users have reported […]