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Stockreport

Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say [Globe and Mail, The (Toronto, Canada)]

Microsoft Corporation (MSFT)  More Company Research Source: Globe and Mail, The
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
said on Wednesday, signaling the deal will avoid a formal European probe that could have led to onerous remedies for the U.S. tech giant. The regulators had said in January that the deal may be subject to merger rules in the region. Microsoft decrease , OpenAI and a spokesperson of the European Commission did not immediately respond to Reuters requests for comment. Microsoft is not out of the woods, however, with the EU competition enforcer still looking into partnerships between large digital market players and generative AI developers and providers that could lead to intrusive and lengthy investigations in their market power. Bloomberg News first reported the development. Sign up for the Lately Newsletter. What we are thinking about and talking about in tech each week. Explore newsletters Tickers mentioned in this story Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 17/04/24 1:19pm EDT Symbol Name % [Read more]
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Stockreport

Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say [Globe and Mail, The (Toronto, Canada)]

Microsoft Corporation  (MSFT) 
More Company Research Source: Globe and Mail, The
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
said on Wednesday, signaling the deal will avoid a formal European probe that could have led to onerous remedies for the U.S. tech giant. The regulators had said in January that the deal may be subject to merger rules in the region. Microsoft decrease , OpenAI and a spokesperson of the European Commission did not immediately respond to Reuters requests for comment. Microsoft is not out of the woods, however, with the EU competition enforcer still looking into partnerships between large digital market players and generative AI developers and providers that could lead to intrusive and lengthy investigations in their market power. Bloomberg News first reported the development. Sign up for the Lately Newsletter. What we are thinking about and talking about in tech each week. Explore newsletters Tickers mentioned in this story Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 17/04/24 1:19pm EDT Symbol Name % [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS