The US Federal Trade Commission has opened an antitrust investigation of Microsoft Corp., drilling into everything from the company’s cloud computing and software licensing businesses to cybersecurity offerings and artificial intelligence products.
Leah Nylen, Josh Sisco and Dina Bass, Bloomberg NewsThomas Martin, senior portfolio manager of GLOBALT Investments, joins us and gives his thoughts on Microsoft Q1 revenue beatings its estimates.
FTC antitrust lawyers are set to meet with Microsoft competitors next week to gather more information about the Redmond, Washington-based company’s business practices, according to two other people familiar with the plans who like the others asked not to be named discussing a confidential matter.The FTC’s scrutiny of Microsoft’s cloud computing business gained steam after a string of cybersecurity incidents that involved the company’s products.
A key focus of the current probe is Microsoft’s bundling of both its popular office productivity and security software with its cloud offerings, according to the people familiar with the information request. The CrowdStrike crash that affected millions of devices operating on Microsoft Windows systems earlier this year was itself a testament to the widespread use of the company’s products and how it directly affects the global economy.
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