Microsoft Corp (MSFT.O) Key Developments | Reuters.com
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Microsoft Corp (MSFT.O)

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Latest Key Developments (Source: Significant Developments)

Median Technologies and Microsoft sign collaborative agreement to develop new cancer detection
Wednesday, 22 Jun 2016 11:45am EDT 

:Median Technologies and Microsoft sign collaborative agreement to develop new cancer detection, diagnosis and monitoring methods using big data analytics.  Full Article

Salesforce also made a bid for LinkedIn, CEO Benioff confirms- Recode
Thursday, 16 Jun 2016 11:01pm EDT 

: Salesforce also made a bid for LinkedIn, CEO Benioff confirms- Recode . Goldman Sachs was the banker Salesforce used for the bid- Recode, citing Salesforce CEO . Salesforce was primarily interested in LinkedIn's recruiting business- Recode, citing sources . LinkedIn was already deep into negotiations with Microsoft when Salesforce made its approach - Recode, citing sources Source (http://on.recode.net/1YvsPmL) (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).  Full Article

Microsoft, Primus Power partner to drive energy innovation at datacenters
Thursday, 16 Jun 2016 04:00pm EDT 

Microsoft Corp : Microsoft partners with Primus Power to drive energy innovation at datacenters .Program will be carried out in collaboration with NRG Energy, University of Texas at San Antonio, and battery technology providers, including Primus Power.  Full Article

Microsoft acquires messaging app developer Wand Labs
Thursday, 16 Jun 2016 10:08am EDT 

Microsoft: Microsoft has acquired messaging app developer Wand Labs .Wand team a "great fit" to join bing engineering and platform team, especially with ongoing work on area of intelligent agents, chat bots.  Full Article

Fitch places Microsoft's 'AA+' on Watch Negative after LinkedIn deal announcement
Wednesday, 15 Jun 2016 10:29am EDT 

Fitch: Places Microsoft's 'AA+' on watch negative following LinkedIn acquisition announcement . Expects acquisition of LinkedIn will accelerate top line growth through at least intermediate term . Rating watch negative reflects expectation for structurally higher leverage, given Microsoft's intention to fund deal primarily with new debt .Sees supplemental adjusted net leverage to approach 1.5x, pro forma for deal, expectations Microsoft will continue borrowing to fund returns.  Full Article

Microsoft sets September dividend of $0.36 per share
Tuesday, 14 Jun 2016 08:32pm EDT 

Microsoft Corp : Microsoft announces quarterly dividend .Sets September dividend of $0.36 per share.  Full Article

S&P says LinkedIn unsolicited ratings placed on creditwatch positive on acquisition by Microsoft
Monday, 13 Jun 2016 05:17pm EDT 

S&P Global Ratings : Linkedin corp. Unsolicited ratings placed on creditwatch positive on acquisition by microsoft .Creditwatch placement is based linkedin's agreement to be acquired by microsoft, an entity with a stronger credit profile.  Full Article

S&P says Microsoft 'AAA/A-1+' ratings affirmed on its plan to acquire LinkedIn, outlook stable
Monday, 13 Jun 2016 03:14pm EDT 

S&P Global Ratings : Microsoft 'aaa/a-1+' ratings affirmed on its plan to acquire linkedin for $26.2 billion; outlook stable . Stable outlook reflects belief that microsoft will remain committed to maintaining high credit quality by sustaining its net cash position .Rating affirmation on microsoft reflects view that acquisition of linkedin adds to its diversified product portfolio, despite linkedin's relatively small revenue base.  Full Article

Moody's reviews Microsoft's AAA rating for downgrade
Monday, 13 Jun 2016 02:13pm EDT 

Moody's: Moody's reviews Microsoft's AAA rating for downgrade following announced acquisition of LinkedIn . Review will focus on strategic fit, monetization opportunities of LinkedIn with Microsoft's software offerings . Review to also consider Microsoft's plan to reduce, sustain gross leverage at or below 1.5 times while maintaining significant net cash position .Potential downgrade of Microsoft would likely be limited to one notch.  Full Article

Microsoft says Xbox One S to start at $299; Cortana coming to Xbox One
Monday, 13 Jun 2016 02:04pm EDT 

Microsoft Corp : 500GB Xbox One S is $299/249 pounds/299 euros . 1TB Xbox One S is $349/299 pounds/349 euros . Limited launch edition 2TB Xbox One S will be available in select markets for $399/349 pounds/399 euros . New Xbox wireless controller will be available worldwide starting in August for $59.99/49.99 pounds/59.99 euros . Announces "Project Scorpio"; coming holiday 2017, "Project Scorpio" will be "most powerful console ever created" with 6 teraflops of GPU . Xbox One S available for preorder beginning Monday and in stores starting August 2016 . Launches new Xbox wireless controller with added bluetooth radio . Announces 'Xbox Design Lab' for fans to create their own official, "one-of-a-kind" Xbox wireless controllers . Xbox Design Lab is open for orders now in U.S., Canada and Puerto Rico for $79.99 . Bringing digital assistant Cortana to Xbox One . Cortana will initially launch on Xbox One in U.S. and U.K. with additional markets coming soon after . Launches Xbox Elite wireless controller - "Gears Of War 4" Limited Edition . Enabling language region independence to give gamers more control over xbox experience . Xbox Elite wireless controller available in "very limited quantities" in early October for $199.99/199.99 euros/159.99 pounds.  Full Article

Mobile telecom challenger sees progress in Britain

LONDON Mobile start-up FreedomPop says it is generating revenue from almost half of its British users by providing optional paying services in addition to free voice and data plans.