Moody's Places Microsoft (MSFT) Ratings on Review for Downgrade
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Xbox introduces future of gaming beyond console generations and without boundaries
June 13, 2016 2:00 PM EDTLOS ANGELES, June 13, 2016 /PRNewswire/ -- Monday at the Xbox E3 2016 Briefing, Microsoft Corp. unveiled a new family of Xbox One devices, a host of new Xbox Live features and the biggest lineup of games in Xbox history. Head of Xbox Phil Spencer underscored the Xbox team's commitment to building a future of gaming beyond console generations and inviting gamers to play without... More
Microsoft to acquire LinkedIn
June 13, 2016 8:36 AM EDTREDMOND, Wash., and MOUNTAIN VIEW, Calif., June 13, 2016 /PRNewswire/ --Â Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn's net cash. LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. Reid Hoffman, chairman of the board, co-founder and controlling shareholder of... More
