Microsoft closes bricks-and-mortar stores in China as US tech giant slashes retail network

Microsoft Corp has closed its authorised bricks-and-mortar stores in mainland China, according to three local distributors, as the US technology giant restructures its retail operations in the world’s second-largest economy. The company on Monday told local media that it decided to “integrate [all distribution] channels in mainland China”, although consumers can continue buying products and … Read more

EU hits Microsoft with antitrust charge for bundling Teams with Office, risking hefty fine

Microsoft faces a hefty antitrust fine after the European Commission on Tuesday accused it of illegally linking its chat and video app Teams with its Office product, giving it an unfair advantage over rivals such as Slack. Two decades after Microsoft’s last EU fine, the EU competition watchdog’s latest action was triggered by a 2020 … Read more

Microsoft has limited exposure to China, but US lawmakers still raise questions

American tech giant Microsoft has come under the spotlight amid rising geopolitical tensions between Beijing and Washington, as US lawmakers questioned the company over its ties to the world’s second largest economy. Brad Smith, Microsoft president since 2015, disclosed that China only accounted for around 1.5 per cent of its global revenue, but said there … Read more

France lands record €15B in foreign investments as Macron hosts business summit – POLITICO

“We’re breaking a new record today,” Macron wrote on X, adding that the investments should generate 10,000 new jobs for French people. Technology and software giant Microsoft will invest €4 billion in France with aim of opening a new data center in eastern France and the expansion of several others, with a focus on artificial … Read more

Microsoft President Does A 180 On UK Regulators After Initial Clash Over Activision Deal

In a shift from past criticism, Microsoft’s Brad Smith now says the UK regulator’s tough stance on the Activision deal was “tough and fair”. Last year, the UK’s Competition and Markets Authority (CMA) blocked Microsoft’s Activision Blizzard deal. Britain’s antitrust regulator believed the deal could damage the industry if the Redmond-based tech giant used its … Read more

Microsoft President Meets Chinese Government To Discuss AI, Trade Relations, More

Microsoft President Brad Smith recently met with China’s Minister of Commerce Wang Wentao to discuss important topics including artificial intelligence (AI), economic cooperation and trade relations between Washington and Beijing. According to a CNBC report, key details about this meeting are mentioned in a Chinese government announcement, which has been translated using the Chinese search … Read more