Microsoft (MSFT) Declares $0.42 Quarterly Dividend; 1.7% Yield
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Microsoft women filed 238 discrimination and harassment complaints
March 12, 2018 10:41 PM EDTBy Dan Levine
SAN FRANCISCO (Reuters) - Women at Microsoft Corp working in U.S.-based technical jobs filed 238 internal complaints about gender discrimination or sexual harassment between 2010 and 2016, according to court filings made public on Monday.
The figure was cited by plaintiffs suing Microsoft for systematically denying pay raises or promotions to women at the world's largest software company. Microsoft denies it had any such policy.
The lawsuit, filed in Seattle federal court in 2015, is attracting wider attention after a series of powerful men have left or been fired from their jobs in entertainment,... More
Microsoft touts progress of chat app Teams in battle with Slack
March 12, 2018 9:09 AM EDTBy Salvador Rodriguez
SEATTLE (Reuters) - Microsoft Corp (NASDAQ: MSFT) on Monday said 200,000 organizations are now using Teams, its year-old workplace collaboration software, up from 125,000 in September, a sign the company may be making some progress in its battle with Slack Technologies Inc.
Microsoft also announced a slate of new features for Teams, including instant language translation.
Slack's emergence as a popular platform for workplace messaging and document-sharing is a threat to Microsoft's long-standing dominance in office productivity software.
Teams now comes bundled with Microsoft Office 365 as the company battles rival offerings... More
Microsoft (MSFT) PT Raised to $120 at Deutsche Bank Following Investor Meeting
March 12, 2018 7:19 AM EDTDeutsche Bank raised its price target on Microsoft (NASDAQ: MSFT) to $120.00 (from $115.00) while maintaining a Buy rating after hosting investors at the company's headquarters in Seattle. Deutsche Bank also hosted meetings with the CEO of a premier AWS consulting partner as well as a... More
Dropbox IPO price range puts valuation nearly a third below peak
March 12, 2018 7:11 AM EDTBy Heather Somerville and Diptendu Lahiri
(Reuters) - Dropbox Inc (NYSE: DBX) on Monday offered a price range for shares in its initial public offering that would value it at up to $7.1 billion, nearly a third below the valuation it commanded in 2014, a clear sign of how overheated the private tech market became a few years back.
Cloud storage company Dropbox is the largest tech IPO after a protracted dry spell, and investors are carefully watching it for signs of how other highly valued tech companies will be received by... More
