Finance News – U.K.
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Inside the collapse of Microsoft-backed UK tech unicorn Builder.ai
Several major investors, including those from Qatar, are recognizing that their financial support may have been given to a company whose revenue figures were significantly overstat...
Read Full Article →FTC drops case over Microsoft’s $69bn Activision Blizzard acquisition
The abandonment of the legal challenge allows Microsoft to finalize its significant investment in the gaming industry, potentially impacting market dynamics and shareholder value i...
Read Full Article →Microsoft-backed Builder.ai collapsed after finding potentially bogus sales
The UK start-up supported by Microsoft significantly lowered its revenue forecasts following concerns over the authenticity of reported sales, highlighting serious financial discre...
Read Full Article →Microsoft is past its glory days says UK fund manager
A UK investment team suggests that Microsoft, despite its current high valuation, might face challenges in sustaining growth compared to other prominent technology companies over t...
Read Full Article →Microsoft to lay off 6,000 workers despite streak of profitable quarters
Microsoft's decision to reduce its staff by approximately 6,000 employees reflects an effort to optimize operational costs despite recent profitability and overall workforce growth...
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