Citing compatibility issues, China's State Administration for Industry and Commerce said Microsoft is suspected of a monopoly.» Read More
BEIJING— China's anti-monopoly agency announced an investigation Tuesday of Microsoft Corp., stepping up regulatory pressure on foreign technology companies.
BEIJING, July 29- A Chinese regulator said on Tuesday it is conducting an anti-monopoly investigation into Microsoft Corp over its Windows operating system, in the latest in a growing number of competition probes that have unnerved Western firms in China.
China's State Administration for Industry& Commerce was investigating a Microsoft vice president and senior managers, and has made copies of the firm's financial statements and contracts, the SAIC said on its website.
BEIJING, July 28- Microsoft Corp appears to be the latest U.S. company targeted by China for anti-trust investigation after government officials paid sudden visits to the software firm's Chinese offices on Monday.
BEIJING, July 28- Microsoft Corp appears to be the latest U.S. company targeted by China for antitrust investigation as government officials paid sudden visits to the software firm's Chinese offices on Monday.
Apple Inc. rose 1.4 percent to $99.02 with 52,754,400 shares traded. Applied Materials Inc. rose. 6 percent to $21.36 with 18,488,300 shares traded. Cisco Systems Inc. fell. 2 percent to $25.92 with 27,283,500 shares traded.
Chinese media reported that officers from the State Administration for Industry and Commerce visited the software giant in at least 4 cities.
Tech companies will be cutting a lot more jobs this year than they have in a long time, according to a recent report.
Chinese officials have made sudden visits to Microsoft offices in China, the company said, but declined to give a reason for the inspections.
BEIJING, July 28- Chinese government officials have made sudden visits to Microsoft Corp offices in China, a spokeswoman for the company said on Monday, but declined to give any reason for the inspections.
The "Fast Money" traders share their final trades of the day.
SEATTLE, July 25- An online stock trader who profited from inside information passed to him by a former Microsoft Corp finance employee was sentenced to 1-1/ 2 years in prison in Seattle on Friday.
Insight to options activity in Microsoft's stock, with FMHR trader Pete Najarian.
July 25- Amazon.com Inc's heavy investment in content and technology to fight off deep-pocketed rivals is proving to be more costly than many had expected, raising fears that operating earnings will be remain under pressure indefinitely. Amazon's shares fell 12 percent to $314.76 in early trading on Friday, wiping out about $18 billion from its market value.
July 25- Amazon.com Inc's heavy investment in new content and technology to fight off deep-pocketed rivals is proving expensive and analysts fear this will hurt operating earnings for some time.
BEIJING, July 25- China Telecom Corp Ltd will sell Microsoft Corp's Xbox One gaming console in China from September through an exclusive contract, the country's third-largest telecommunications company said on Friday. Joanna Li, Microsoft's China spokeswoman, said the console would be offered exclusively to China Telecom's 30 million broadband customers.
BEIJING, July 25- China Telecom Corp Ltd will start selling Microsoft Corp's Xbox One gaming console in China from September through an exclusive contract, the country's third-largest telecommunications company said in a statement on Friday.
Google's handling of removal requests has drawn criticism. *Google has received 91,000 removal requests across Europe.
WASHINGTON— The risk of losing your job is getting smaller and smaller. As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers.
Apple Inc. fell. 2 percent to $97.03 with 44,545,900 shares traded. Ariad Pharmaceuticals Inc. rose 5.2 percent to $6.18 with 26,030,200 shares traded. BlackBerry Ltd. rose 5.6 percent to $10.38 with 31,147,300 shares traded.