Tag Archives: Microsoft

Microsoft Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest US company to warn of a hit from a stronger greenback and sending its shares down 1.5% in midday trading. A hawkish Federal Reserve and heightened geopolitical tensions have driven a 14%...

The antitrust review of Microsoft’s $68.7 billion proposed acquisition of “Call of Duty” maker Activision Blizzard will be handled by the Federal Trade Commission, Bloomberg News reported, citing a person familiar with the matter. The FTC, instead of the Justice Department, will...