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AI-related spending expected to comprise 10% of 2024 IT budgets: Wedbush

AI-related spending expected to comprise 10% of 2024 IT budgets: Wedbush
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Microsoft s $75B Acquisition of Activision Cleared of Insider Trading Concerns by SEC - Microsoft (NASDAQ:MSFT)

The SEC & Justice Dept found no grounds for charges after investigating Barry Diller, Alexander von Furstenberg & David Geffen's investments in Activision before Microsoft's acquisition.

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Microsoft s $75B Acquisition of Activision Cleared of Insider Trading Concerns by SEC

Securities regulators concluded their investigation into significant investments Barry Diller, Alexander von Furstenberg, and David Geffen made in Activision Blizzard shortly before Microsoft Corp (NASDAQ:MSFT) acquired the company in 2022. The Securities and Exchange Commission (SEC) and the Justice Department investigated these options purchases for potential insider trading but found no grounds for charges, the Wall Street Journal reports. Microsoft completed its $75 billion acquisition of Ac

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Microsoft expands its AI empire abroad

Microsoft expands its AI empire abroad
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Microsoft expands its AI empire abroad

Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial intelligence abroad in recent months, the price it is willing to pay to remain a top player in this crucial market. The overnight success of OpenAI's ChatGPT thrust generative AI as Silicon…

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