The end of Nokia Corporation(NYSE NOK is near. Nokia users in the United Kingdom are now being redirected from Nokia.com to Microsoft Corporation (NASDAQ MSFT)’s website. This is part of Microsoft’s absorption of the Nokia brand. As of this writing, this only affects U.K.-based users. Microsoft now directs U.K.-based Nokia.com users to a new Microsoft…
Microsoft Corporation (NASDAQ MSFT) did a second round of layoffs on Thursday, cutting 2,100 jobs worldwide. About 747 of these jobs were from the Seattle area. Last July, the company laid of 13,000 employees and an additional 2,900 jobs will be cut within a year. The previous job cuts were due to the Nokia wave,…
It’s beginning to feel as though nothing is meant to remain the same under new CEO Satya Nadella. After replacing former CEO Steve Ballmer, he’s seen his predecessor not only his post but also leave the board in order to look after his billion dollar Los Angeles Clippers, he’s decided that Microsoft Corporation (NASDAQ MSFT)…
Microsoft Corporation (NASDAQ MSFT) announced this week that it paid $2.5 billion to acquire Swedish gaming company Mojang, maker of the popular Minecraft game. Analysts are starting to weigh in on that deal, and those at Morgan Stanley think it’s a smart way for the company to use its offshore cash. Some investors may be…
Microsoft Corporation (NASDAQ MSFT) scores another acquisition and this time its the popular PC game Minecraft for about $2.5 billion. This could possibly be a big move for the company’s Xbox gaming empire. Microsoft announced the acquisition on Monday and added that the deal won’t be final until the end of the year. Microsoft’s latest…
In 2014, Microsoft Corporation (NASDAQ MSFT) has not been the most favorite tech stock for many investors. Many investors preferred Apple Inc (NASDAQ AAPL) and Google Inc (NASDAQ GOOGL) over Microsoft. But, Microsoft has displayed a consistent growth with a 9% increase in share price YTD. Chairman and Co-founder of StockTwits, Howard Lindzon said, “I…
