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...
Read Full Article →OpenAI negotiates with Microsoft to unlock new funding and future IPO
OpenAI’s ongoing discussions with Microsoft to secure additional investment and support are crucial for transitioning to a profit-driven structure and preparing for a potential pub...
Read Full Article →Microsoft wins Big Tech’s first earnings battle since Trump’s tariffs
Microsoft's strong earnings contrast with Apple and Amazon's struggles, highlighting the financial impact of trade tensions on the technology sector, particularly affecting hardwar...
Read Full Article →Microsoft raises Xbox prices globally amid tariff uncertainty
Microsoft's decision to increase Xbox prices globally reflects broader market challenges, including recent price hikes by Sony for PlayStation 5 and delays by Nintendo, amidst ongo...
Read Full Article →Microsoft shares jump after AI bets pay off
Microsoft experienced a significant increase in its stock value following the announcement of strong quarterly earnings, propelled by growth in its cloud services and artificial in...
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