Norman Young, Senior Equity Analyst at Morningstar, says the acquisition of the "Minecraft" gamemaker is a "good low-risk bet" that will shore up Microsoft's mobile strategy.» Read More
Roughly one in four workers put in at least a few hours between 10 p.m. and 6 a.m. on a regular basis, according to a recent report.
Garlinghouse left Hightail when the company's board didn't want to sell, Re/code reports.
Apple Inc. rose. 2 percent to $101.66 with 60,867,000 shares traded. Cisco Systems Inc. fell. 1 percent to $25.16 with 31,665,700 shares traded. eBay Inc. rose 3.0 percent to $52.19 with 42,136,100 shares traded.
Google, the world's largest Internet company by market value, is in the early days of its next big bet: education.
WASHINGTON, Sept 12- Wall Street executives may have personally escaped the wrath of the U.S. Department of Justice but executives at companies accused of foreign bribery schemes may not be so lucky.
REDWOOD CITY, Calif.— A company headed by Microsoft co-founder Paul Allen has filed a lawsuit in the San Francisco Bay Area over a World War II-era German tank it says it paid $2.5 million for but never received. After his death, his family turned them over to the Massachusetts- based Collings Foundation, which put some of them up for auction in Portola Valley in July.
NEW YORK, Sept 12- U.S. stocks were slightly lower on Friday as the latest economic data gave investors few reasons to buy with indexes still hovering near record levels. The day's losses continued a recent trend of being shallow but broad, with nine of the ten primary S&P 500 sectors down on the day.
The U.S. government threatened Yahoo with a $250,000-per-day fine in 2008 if it did not hand over user data, declassified documents reveal.
SAN FRANCISCO, Sept 11- The U.S. government in 2008 threatened to fine Yahoo Inc $250,000 a day if it failed to turn over customer data to intelligence agencies, according to documents unsealed on Thursday.
Apple Inc. fell. 9 percent to $100.11 with 31,488,000 shares traded. Facebook Inc. rose. 2 percent to $77.57 with 18,907,700 shares traded. FireEye Inc. rose 4.7 percent to $36.49 with 11,463,000 shares traded.
BEIJING, Sept 11- China's three anti-monopoly regulators on Thursday launched a vigorous defence of their recent investigations into foreign companies, which have prompted mounting international criticism, and said they are not targeting multinational firms.
Internships are a great dress rehearsal but that first job may deliver a shock of reality. Here are 5 tips from career coach Marie McIntyre.
BEIJING— China on Thursday announced it will fine Audi $40.5 million and Chrysler $5.2 million in a sweeping anti-monopoly probe of the auto industry that has prompted complaints foreign businesses are being treated unfairly.
Xu also said that the NDRC's investigation of U.S. chipmaker Qualcomm Inc was "basically done" and that Qualcomm President Derek Aberle would meet with the regulator on Friday. On Wednesday, U.S. Federal Trade Commission Chairwoman Edith Ramirez spoke publicly about reports of China's enforcement of its anti-trust law and its investigation of Qualcomm.
Microsoft's potential purchase of Mojang may not be a big deal financially, but it could be the ticket to expanding its mobile business.
Norman Young, Senior Equity Analyst at Morningstar, explains why the $2 billion deal will be more significant for the Swedish game developer Mojang than Microsoft.
Discussing the potential deal between Microsoft and Minecraft developer Mojang, with Dan Ives, FBR Capital Markets. "Nadella needs to go aggressive," he says.
The video game's sales, which equate to roughly 9 million copies sold, were even higher than most analysts had forecast.
CNBC's Josh Lipton reports Mojang, the developer behind blockbuster game MineCraft, may be bought up by Microsoft.
Vestager will have to take on powerful companies such as U.S. internet giant Google, Russia's Gazprom and a clutch of banks suspected of rigging the foreign exchange markets.