Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant's approach to licensing.
Microsoft faces legal action in Britain over a claim that thousands of businesses using cloud computing services provided by Amazon, Google and Alibaba could be paying higher licence fees to use Windows Server software.
Microsoft was accused in a U.K. lawsuit filed Tuesday of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud. The lawsuit alleges U.K. businesses are forced to pay more to license Microsoft's Windows Server software on rival firms' clouds than its own Azure platform.
Microsoft is in the crosshairs of a U.K. competition class-action style lawsuit that's seeking £1 billion (around $1.25 billion at current exchange rates) in damages. It revolves around accusations related to fees the software giant charged businesses and other organizations for licensing Windows Server when they were customers of rival cloud computing platforms.
CNBC's Steve Kovach reports on the legal battle between Elon Musk and OpenAI.
Elon Musk has asked a federal judge to block Sam Altman's OpenAI from completing plans to become a for-profit entity – arguing that it would cause “irreparable harm” to the public.
Microsoft's (NASDAQ: MSFT) share price is holding steady above the near-term $420 support zone as the company battles new antitrust allegations from United States authorities.
Microsoft's essential products and consistent revenue growth justify its premium valuation, making it a cautious buy despite a slim margin of safety. Sustained growth driven by strong management and capital allocation, with a 10-year revenue CAGR of 10.9% and significant expansion in all business lines. Current valuation reflects expected growth, but potential positive surprises in cloud revenue and AI integration could enhance returns.
Elon Musk is seeking an injunction against OpenAI to stop its transition to a for-profit entity. It's part of Musk's suit against Sam Altman, which says OpenAI engaged in anticompetitive behavior.
Elon Musk is asking a federal court to stop OpenAI from converting into a fully, for-profit business. Lead counsel for Musk, Marc Toberoff, filed a motion for a preliminary injunction on Friday.
Technology giant Microsoft (NASDAQ: MSFT) is the center of a major regulatory issue, the outcome of which is likely to impact the company's stock.
Microsoft (MSFT) reported earnings 30 days ago. What's next for the stock?