AMD Shares Surge Nearly 5% amid Praise from Microsoft CTO
The longstanding partnership between Microsoft and AMD has been a strategic alliance that has shaped the tech industry in various ways.
Leaked Documents Hint at Microsoft’s Crypto Plans for Xbox
Crypto integration into Xbox also has the potential to onboard millions to crypto, further propelling adoption.
Microsoft Is Gradually Closing In on Apple as It Eyes Position as World’s Largest Stock
By Tolu Ajiboye
Although hundreds of billions away, Microsoft’s valuation is gradually closing in on that of Apple, racing to become the world’s largest.
FTC Could Block Microsoft-Activision Deal in Latest Attempt to Rein in Global Tech Power
By Tolu Ajiboye
The FTC believes that Microsoft acquiring Activision will grant the software giant monopoly of some choice games in the video game space.
Video Game Industry Sustained Underwhelming Q2 2022 Period as Lockdowns Ease
By Tolu Ajiboye
Video game giants Sony, Microsoft, and Nintendo posted low figures for Q2 2022 due to inflation, semiconductor shortages and the end of lockdowns.
Epic Games to Donate Proceeds from New Seasons of Fortnite to Humanitarian Relief in Ukraine
According to the official announcement by Epic regarding the humanitarian relief for Ukraine, Xbox will also be participating in the effort.
Microsoft to Acquire Activision Blizzard in $68.7 Billion Deal
By Darya Rudz
Acquiring Activision Blizzard, Microsoft will be the owner of all the structural parts of the game company. In addition, once the transaction is closed, Microsoft will become the world’s third-largest gaming company by revenue.
Microsoft to Bring Cloud Gaming Services to Xbox Consoles by Year End
The switch to bring cloud gaming products to its Xbox consoles is a move that can impact the revenue potential of Microsoft in the mid to long term respectively.
Microsoft in Talks for $10 Billion Takeover of Discord
Many analysts believe that this move by Microsoft should be viewed as a strategic one.
MSFT Stock Up 0.4% in Pre-market, Analysts Remain Bullish about Microsoft Shares
The Wedbush analyst has positively rated Microsoft shares for the past 2 years. During this period, the tech company has had a one-year high of $245.92 and a one-year low of $132.52.
Microsoft and Ernst & Young (EY) Expands Xbox Blockchain for Rights and Royalties Management
The blockchain will allow Microsoft to utilize Azure-based artificial intelligence (AI) for swift contract creation.
Sony Announces that PlayStation 5 Will Hit Markets Starting November 12
Sony revealed that the launch of the PlayStation 5 (PS5) will come with the introduction of new game collections.
Gaming Giant Nintendo Reports 428% Increase in Q1 Profits
Gaming giant Nintendo has reported a 428% increase in its Q1 profits. It joined other gaming firms that have managed to record gains despite the COVID-19 crisis.
MSFT Stock Retreats from Record High Although Microsoft Unveils New Xbox Games
Microsoft Corp. stock (Nasdaq: MSFT) fell 4.35% on Thursday to close the day at $202.54, however it was 0.54% up in the after hours. Shares were downgraded to ‘hold’ rating despite the company unveiling new Xbox games.
MSFT Stock 2% After Market, Microsoft Posts 13% Higher Revenue in Q4
Microsoft reported Q4 earnings that exceeded Wall Street’s expectations, as the still-raging coronavirus outbreak proved no match for the tech giant’s booming cloud computing business. MSFT stock went down after hours.