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Elon Musk's Wish Granted? Microsoft President Joins OpenAI In Advocating For AI Regulation
Friday, May 26, 2023 - 1:46am | 607Microsoft Corporation’s (NASDAQ:MSFT) president Brad Smith joined forces with OpenAI CEO Sam Altman in urging Congress for artificial intelligence regulation — but will this be enough to make Elon Musk happy? What Happened: On Thursday, during a speech in Washington, Smith expressed...
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Activision Blizzard Acquisition Blocked By UK Regulator, Microsoft Says It Will Appeal: Gaming Experts Weigh In
Wednesday, April 26, 2023 - 2:55pm | 1522The U.K.'s Competition and Markets Authority (CMA) announced it is blocking Microsoft Corp.'s (NASDAQ: MSFT) $68.7 billion proposed acquisition of Activision Blizzard Inc. (NASDAQ: ATVI). The British regulatory body cited concerns the deal would have a negative impact on the...
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Microsoft President Brad Smith To Meet With FTC About $69B Activision Blizzard Deal: Report
Tuesday, December 6, 2022 - 7:09pm | 509Back in January, Microsoft Corp (NASDAQ: MSFT) announced the company was acquiring game developer and interactive entertainment content publisher Activision Blizzard (NASDAQ: ATVI). On Wednesday, Microsoft President Brad Smith and his attorneys will be heading to Washington D.C. to meet with the...
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Bulls And Bears Of The Week: Tesla, Netflix, Microsoft And A Crypto That Could Reach $2,300
Saturday, July 23, 2022 - 4:00pm | 847Benzinga has examined the prospects for many investors' favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro. In the midst of earnings season, the three major indices showed some strength this week. The Dow was...
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Why Are Execs Musk, Zuckerberg, Smith Concerned About The Future Of The US Workforce?
Monday, July 18, 2022 - 2:38pm | 457Microsoft Corporation (NASDAQ: MSFT) President Brad Smith expressed concern about the future of the workforce in a recent interview with Reuters. U.S. companies are in a “new era,” with few people entering the workforce and employees pressuring employers to pay higher salaries, he...
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Microsoft To Buy Back $60B Worth Of Shares, Hikes Dividend By 11%
Tuesday, September 14, 2021 - 10:18pm | 391Microsoft Corporation (NASDAQ: MSFT) said in a statement Tuesday it plans to buy back $60 billion worth of shares. What Happened: The company’s share repurchase program has no expiration date and can be terminated at any time, as per the statement. The Redmond, Washington-based tech giant...
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White House Says The Paris Climate Accord Hurt American Businesses; Do American Businesses Agree?
Friday, June 2, 2017 - 10:29am | 1731It doesn't seem so. In fact, President Donald Trump's decision to withdraw Thursday prompted instant activism or, in many cases, slacktivism by corporate dissenters. Tesla Inc (NASDAQ: TSLA) CEO Elon Musk resigned from three presidential councils in protest, abandoning his previous influence-by-...
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The Blame Game: The Definitive Guide To Who's At Fault For The Ransomware Cyberattack
Monday, May 22, 2017 - 2:30pm | 1723A luxury hotel in Austria pays ransom — for the fourth time — when hackers keep the keycards of guests out of their ritzy rooms. The San Francisco transit system resists the urge to buy its way out of a hack that kidnaps its light-rail system, leaving strap-hangers unhinged. A premier...
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Microsoft Sues Justice Department: 'Keeping Secrecy The Exception, Not The Rule'
Thursday, April 14, 2016 - 4:51pm | 647"This morning we filed a new lawsuit in federal court against the United States government," a recent blog post by Microsoft Corporation (NASDAQ: MSFT) President and Chief Legal Officer Brad Smith read. The lawsuit has been initiated "to stand up for what we believe are our...
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Cybersecurity A Hot Topic At Davos
Thursday, January 21, 2016 - 10:06am | 420Cybersecurity has been a hot-button issue in both the public and private sectors over the past year after a spate of hacking attacks left several companies in jeopardy and illustrated that the U.S. government is struggling to keep pace with hackers. With concerns about cyber-terrorism ramping...
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Intuit CEO Weighs In On Competition
Tuesday, May 26, 2015 - 11:12am | 391Intuit Inc. (NASDAQ: INTU) came out with better than expected first-quarter results last Thursday after the closing bell, following which its shares opened strong on Friday. Intuit CEO Brad Smith was on CNBC recently to discuss the competition Intuit is facing from other players in the same space...
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Intuit CEO: Good Companies Can Make Mistakes
Saturday, February 21, 2015 - 3:46pm | 330Intuit Inc. (NASDAQ: INTU) declared better-than-expected quarterly results on Thursday, causing the company’s shares to rally on Friday. Intuit CEO Brad Smith was on CNBC to talk about measures Intuit is deploying to prevent data theft and how the company got the consumer preference...
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Intuit Posts Q4 Miss; Calls F15 'Transition Year'
Friday, August 22, 2014 - 6:56am | 161Intuit (NASDAQ: INTU) shares trended down after the company missed fiscal fourth-quarter earnings and offered a disappointing outlook. Intuit Chief Executive Brad Smith said 2015 will be "a transition year" as the company shifts to subscription services and the cloud. "We fully expect fiscal 2016...
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Intuit Conference Call Summary
Wednesday, May 21, 2014 - 4:30pm | 1371Intuit (NASDAQ: INTU) reported its third quarter earnings on Wednesday. Shares of the company traded up 0.83 percent or $0.64 to $77.48. Below are some key takeaways from the company's conference call: Brad Smith, President and CEO: • Today, we reported third quarter revenue of $2.4 billion...
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Top 10 Highest-Rated CEOs
Monday, March 24, 2014 - 5:14pm | 180A couple of mainstays, coupled with some not-so-everyday names. Glassdoor, a jobs and career community, has released its annual report of the highest-rated CEOs for 2014. The list is determined by employee feedback shared over the last year. Employees voluntarily and anonymously provided...