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Oracle Corp’s (NYSE: ORCL)...

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15%...

RTX Corp (NYSE: RTX)...

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03...

GameStop Corp. (NYSE:GME) Quarter...

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after...

Advanced Micro Devices (NASDAQ:AMD)...

Shares of Advanced Micro Devices (NASDAQ:AMD) drops 0.38% in afterhours in last trading...
HomeTech InsidesMicrosoft Corp (NASDAQ:...

Microsoft Corp (NASDAQ: MSFT) About To Abandon an Audio Experimental Research as Still Seeks $69b Acquisition Proposal

Shares of Microsoft Corp (NASDAQ: MSFT) slightly down in pre trading session on Wednesday as the corporation was about to abandon an experimental research project that used audio-based technology to assist visually-impaired persons in navigating and becoming more aware of their environment.

However, Microsoft stated that the code will be made available to other developers under an open-source license. Microsoft released Soundscape in 2017, assisting individuals in becoming “more comfortable with strange environments” through the use of 3D audio cues.

According to TechCrunch, the effort resulted in an Apple Inc (NASDAQ: AAPL) iOS app in 2018 that calls out points of interest as the user travels by major roads and crossroads. Microsoft will delete the Soundscape app from the App Store on January 3, 2023, and share the underlying code on GitHub.

In related news, Microsoft is planning to create a “super app” that would merge shopping, texting, online search, news feeds, and other services into a single smartphone app.

Microsoft officials hoped that the app would help the company’s multibillion-dollar advertising and search businesses, as well as attract more users to Teams messaging and other mobile services.

Microsoft offered to accede to the FTC consent decree on ‘Call of Duty’ games

Microsoft President Brad Smith said on Tuesday that the business has proposed to enter into a legally binding consent decree with the United States Federal Trade Commission to distribute “Call of Duty” games to competitors such as Sony and others for a decade.

The news comes as Microsoft seeks clearance for its $69 billion acquisition proposal for video game producer Activision Blizzard Inc.

Sony, the creator of the Playstation platform, has criticized the agreement, noting Microsoft’s influence over games such as the “Call of Duty” franchise.

On Tuesday, neither the FTC nor Activision Blizzard responded promptly to a request for comment.

In an effort to deflect criticism, Microsoft announced this month a 10-year commitment to deliver “Call of Duty” to Nintendo systems. Sony received the same offer from the corporation.

The Biden administration moved earlier this month to prevent Microsoft’s proposal to purchase Activision, putting a stumbling block in the computer giant’s aspirations to swiftly grow its library of popular games and catch up to larger rivals.

The agreement is also being scrutinized outside of the United States. The European Union launched a full-scale inquiry in November, and the EU competition agency said it will decide whether to clear or ban the agreement by March 23, 2023.

In September, Britain’s antitrust authority announced a full-scale investigation.

Oracle Corp’s (NYSE: ORCL) Cloud Business Faces Headwinds: What Lies Ahead

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15% or $15.21 to trade at $111.50 in pre trading session on...

RTX Corp (NYSE: RTX) Updates 2023-2025 Outlook amid Engine Part Challenge

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03 per share, bringing its current trading price to $77.45. The company,...

GameStop Corp. (NYSE:GME) Quarter Report: Resilience amidst Market Turbulence

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after the market closes today. Shares were slightly down in the pre-trading...

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Barrick Gold Corp (NYSE: GOLD) Executive Rules Out Counterbid for Australia’s Newcrest

Barrick Gold Corp (NYSE: GOLD) inches down on pre trading session on Tuesday as The company's chief executive has ruled out a counterbid for Australia's largest gold producer, Newcrest Mining (OTCMKTS: NCMGY), after the world's largest gold producer, Newmont...

Solar Energy Stocks Regains Prime Time Show: VivoPower International (NASDAQ: VVPR), NYSE:NOVA, NASDAQ:SEDG

VivoPower International PLC (NASDAQ: VVPR) jumped around 5% in pre trading session on Monday as it is delighted to share an update on Tembo e-LV B.V., its fully owned subsidiary, including strategic investments, finance, and development (Tembo). The Design Services...

Coinbase Global Inc. (NASDAQ: COIN) Faces $3.6 Million Fine on Failure of Proper Registration in the Netherlands

Shares of Coinbase Global Inc. (NASDAQ: COIN) surges over 2.14% in pre trading session on Thursday as Due to the U.S. cryptocurrency exchange Coinbase's failure to get the proper registration in the Netherlands before to providing services, the Dutch...

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