Yesterday, 3:32 PM
- With Salesforce (reportedly working with Bank of America) (CRM -0.2%), Alphabet (GOOG, GOOGL) and The Walt Disney Co. (DIS -1.3%) rumored to be in the mix, Twitter (NYSE:TWTR) is said to be gearing up to present itself to potential acquirers.
- While a bid by Salesforce is seen as unlikely and unfavorable by some (Citi, Morgan Stanley), last Friday it appeared firmly in the mx. Alphabet, meanwhile, is considered a favorite by others, with the available cash, advertising expertise and social network tie-in possibilities to make Twitter work under a new parent organization. Now that Disney is the latest to reportedly join the group, sports, distribution and video prospects are being weighed.
- Trading up more mildly than Friday's run on this development, it appears analysts, investors and Twitter itself are unsure of what direction the company will take next. The negative reaction of Salesforce shares on Friday and Disney shares today, though, may signal difficulty in attaining favorable terms for all parties involved in a deal should one come closer to materialization.
- Update (3:41 PM ET): CNBC's David Faber adds Microsoft (MSFT -0.8%) in as a potential bidder.
Yesterday, 10:10 AM
- Connected-car services developed by Microsoft (MSFT -0.9%) and Renault-Nissan Alliance to be powered by Microsoft's Azure cloud platform.
- Advanced navigation, predictive maintenance, remote monitoring and other services in focus.
- Ogi Redzic, senior VP, Connected Vehicles and Mobility Services at Renault-Nissan Alliance: "A car is becoming increasingly connected, intelligent and personal. Partnering with Microsoft allows us to accelerate the development of the associated key technologies needed to enable scenarios our customers want and build all-new ones they haven't even imagined. We aim to become the provider of connected mobility for everyone with one single global platform."
- Microsoft has additionally announced today a deal with Adobe and other new developments revealed at its Ignite conference in Atlanta.
Yesterday, 9:38 AM
- Microsoft Azure (MSFT -0.9%) to become preferred cloud platform for Adobe Systems' (ADBE -0.4%) Marketing Cloud, Creative Cloud and Document Cloud products.
- Adobe Marketing Cloud to become preferred marketing service for Microsoft's Dynamics 365 Enterprise edition.
- Microsoft CEO Satya Nadella: "Business leaders in every industry are focused on how to better engage their digital customers, wherever they are. Together, Adobe and Microsoft are bringing the most advanced marketing capabilities on the most powerful and intelligent cloud to help companies digitally transform and engage customers in new ways."
- Adobe president and CEO Shantanu Narayen: "Customers today expect a well-designed, personalized and consistent experience every time they engage with a brand. Adobe and Microsoft will bring together the cloud horsepower and end-to-end capabilities brands need to design and deliver great digital experiences."
- Alliances between major cloud-service providers have been highlighted of late, with Oracle and Salesforce most recently announcing their own cloud arrangement last week.
Fri, Sep. 23, 11:55 AM
- Uber (Private:UBER) introduces "Real-Time ID Check", a new safety feature requiring drivers to periodically share selfies before accepting riders. If a photo taken, analyzed by Microsoft Cognitive Services (MSFT -0.7%), doesn't match one on file corresponding to a driver's account, that account is then suspended.
- The new check follows up other safety-related app enhancements Uber announced back in June.
Thu, Sep. 22, 1:57 PM
- LinkedIn Learning will merge content LinkedIn (LNKD +0.1%) gained through its $1.5B Lynda acquisition with its professional data and network.
- Business and higher education users targeted.
- Over 9K courses available.
- With Microsoft's (MSFT +0.2%) takeover of LinkedIn pending, the former will be looking to further leverage the latter's 450M users in education and other arenas going forward.
- Content overview
- Blog post
Wed, Sep. 21, 11:20 AM
- The SEC just charged Leon Cooperman with insider trading over Atlas Pipeline Partners, and Omega holdings such as Alitsource Portofolio, Navient, Aercap, and Tribune Media have knee-jerked sharply lower.
- A check of other top Omega holdings: First Data (FDC -1.3%), Allergan (AGN -0.9%), AIG (AIG +0.4%), Walgreens (WBA -0.6%), Dow Chemical (DOW), United Continental (UAL -0.7%), Ashland (ASH +0.3%), Chimera Investment (CIM -0.4%), Motorola (MSI +0.1%), HRG Group (HRG -1%), Microsoft (MSFT +1%), E*Trade (ETFC), New Residential (NRZ -1%), OneMain Holdings (OMF -2.3%), PVH (PVH +0.4%), UnitedHealth (UNH +0.7%), MGM Resorts (MGM -0.5%), New Media (NEWM -1.9%), Dish Network (DISH +0.5%), Synchrony Financial (SYF +1%), Eastman Chemical (EMN +0.3%).
- Previously: Cooperman holdings head south after insider trading charge (Sept. 21)
- Previously: Leon Cooperman charged with insider trading (Sept. 21)
Tue, Sep. 20, 4:29 PM
- Microsoft (NASDAQ:MSFT) declares $0.39/share quarterly dividend, 8.3% increase from prior dividend of $0.36.
- Forward yield 2.75%
- Payable Dec. 8; for shareholders of record Nov. 17; ex-div Nov. 15.
- In addition, Board approved a new share repurchase program authorizing up to $40B in share repurchases.
Tue, Sep. 20, 4:28 PM
- Microsoft (NASDAQ:MSFT) board approves new share repurchase program authorizing up to $40B in share repurchases.
- The new program has no expiration date.
- MSFT says it is on track to complete its current $40B stock repurchase program by December 31, 2016.
- 2016 Annual Shareholders Meeting to be held on November 30, 2016.
- Source: Press Release
Thu, Sep. 15, 6:36 PM
- Videogame sales ticked up Y/Y, rising 1% as key new game releases reversed a trend of declines, according to NPD Group.
- Spending had been falling against tough comparisons with last summer's releases. But a strong release schedule, including a new year's Madden NFL and a high-profile release in No Man's Sky, rescued August from summer doldrums.
- Overall sales rose to $573.4M as a pickup in software slightly more than offset continuing declines in hardware and accessories.
- Hardware sales continued a downward trend, coming on the cusp of a console refresh cycle at Sony (NYSE:SNE) and Microsoft (NASDAQ:MSFT). Those revenues fell 6% Y/Y to $178.1M.
- "The unit growth in sales for the Xbox One and the 3DS was not enough to offset the decline in spending on the PS4, Wii U and older consoles," says NPD's Sam Naji. "The decline in unit spending was also compounded by the 7 percent decline in the ARP for consoles and a 22 percent decline in the ARP for portables.”
- Videogame software spending, including digital estimates, grew 8% to $273.7M. And PC game sofware rose 18% to $14.2M. Meanwhile, accessory spending dropped 5% to $107.4M.
- In individual games (ranked by dollar sales), new releases took the spotlight: Madden NFL 17 (NASDAQ:EA) topped the chart, followed by No Man's Sky (SNE) and Deux Ex: Mankind Divided (Square Enix). Grand Theft Auto V, a cash cow at Take-Two (NASDAQ:TTWO), was No. 4, followed by Overwatch (NASDAQ:ATVI).
Wed, Sep. 14, 12:39 PM
- He discussed the technologies this morning during an ABC News interview.
- On AR: "My own view is that augmented reality is the larger of the two, probably by far, because this gives the capability for both of us to sit and be very present talking to each other, but also have other things visually for both of us to see. Maybe it's something we're talking about, maybe it's someone else here that is not here, present, but could be made to appear to be present with us. So there's a lot of really cool things there."
- On VR: "Virtual reality sort of encloses and immerses the person into an experience that can be really cool, but probably has a lower commercial interest over time, or less people would be interested in that." He does, though, go on to note that Apple (AAPL +4.5%) has a lot of consideration for virtual reality as it relates to gaming and education.
- The company had reportedly assembled a large team of specialists within the fields earlier this year.
- While AR and VR initiatives have already been most notably underway at Alphabet (GOOG, GOOGL), Facebook (FB +0.7%), Samsung (OTC:SSNLF) and Microsoft (MSFT -0.1%), efforts by Intel (INTC +0.4%), Snapchat (Private:CHAT) and Line (LN +2.1%) have developed within the last few weeks, demonstrating broad increased movement throughout the space. With Cook's comments today, it appears Apple's entry to the arena is not far off.
Wed, Sep. 14, 4:43 AM
- European officials will unveil new technology rules today aimed at reining in many of the world's largest tech firms.
- Under the proposals, which will take years to complete, European publishers may be given powers to charge internet companies whenever their content shows up in online results or other services.
- Chat apps will also be more heavily policed by extending rules which currently only cover telecoms providers.
- Related tickers: GOOG, GOOGL, FB, MSFT, ORAN, OTCQX:DTEGY, OTC:AXSPY
Mon, Sep. 12, 10:25 AM
- Microsoft (MSFT) registers a new major customer for its CRM offering, marking a win over competitors Salesforce (CRM +0.4%) and Oracle (ORCL +0.6%).
- HP (HPQ +1.4%) will utilize Dynamics throughout its marketing and sales and services operations. HP already uses Microsoft's Azure, Office 365 and other Microsoft Cloud offerings.
- HP COO, Jon Flaxman: "We have chosen Microsoft Dynamics as our CRM solution for our direct selling, partners and services. This brings us a cloud-based solution that delivers a more effective and efficient collaboration engine across our business."
- Though the opportunity for the cloud enterprise space lies within all sizes of businesses, winning a large and notable client like HP demonstrates Microsoft continues to make headway within the highly competitive industry.
Thu, Sep. 8, 2:58 PM
- The European Commission was said to be close to moving in the direction last month and is now expected to release reformed regulations with broader scope next week. Some of the services cited in the proposal include WhatsApp (FB -0.6%), FaceTime (AAPL -2.5%) and Skype (MSFT -0.5%), though a range of offerings would be impacted in a rules tightening.
- Directives are alleged to involve reporting security breaches and maintaining backup plans along with service continuance policies.
- The obligations for individual firms, however, will supposedly vary. Document: "Providers of such services should thus ensure a level of security commensurate with the degree of risk posed to the security of the communications services they provide." Further: "Therefore, whenever it is justified by the actual assessment of the security risks involved, the security requirements ... should be lighter."
Wed, Sep. 7, 1:51 AM
- Microsoft (NASDAQ:MSFT) is developing a Slack (Private:SLACK) competitor called "Skype Teams," MSPoweruser reports.
- Features channels, direct messages and other Slack features. Adds threaded conversations which Slack lacks.
- Will integrate with Office 365.
- Microsoft reportedly considered buying Slack for $8B earlier this year.
Mon, Aug. 29, 2:46 PM
- UBS analyst Brent Thill restates a Buy rating and raises his price target on Microsoft (MSFT +0.4%) to $64 (current price $58.28).
- Microsoft management has previously projected $20B annual commercial cloud business revenue by 2018. Thill is on board with this forecast and believes the company has the potential to even exceed it on a viewpoint discerning "multiple pieces of the business moving in the right direction.”
Mon, Aug. 22, 7:05 PM
- Videogame spending fell 14% overall in July, again facing tough comparisons with last summer and again led down by hardware, according to NPD Group.
- Overall sales fell to $480.1M, while hardware dropped 30% Y/Y to $141.3M. With a new Xbox One S already released, and two new PS4s reportedly on the way, unit sales fell 10%, and average price was down 22%. Portables were up 23%; consoles down 37%.
- Videogame software (now including digital estimates) dropped 5%, to $210.3M, and PC game software fell 12% to $11.4M. Accessories spending also dropped 5%, to $117.1M.
- In individual games (ranked by dollar sales), cash cow Grand Theft Auto V (TTWO +0.8%) overtook Overwatch (ATVI +0.4%) for the top spot, followed by Lego Star Wars: The Force Awakens (TWX -0.4%). Including digital full-game sales has lifted GTA V, which had been falling down the physical sales chart. Other titles of interest: Call of Duty: Black Ops III (NASDAQ:ATVI) at No. 5, and Minecraft (MSFT +0.1%) at No. 6.
- In an uncommon outcome, Xbox One outsold the PlayStation 4 (SNE +0.9%) in July thanks to a reduced average price, with Wii U (OTCPK:NTDOY +1.6%) again in third place among hardware.