Microsoft Is at All-Time High Despite Boardroom Email Hack Claim
Microsoft Corporation is one of the longer established publicly listed high-technology companies within the North American 'big tech' industry.
Its foundation pre-dates the wave of internet giants that rose to prominence at the beginning of this millennium by such a margin that it was in existence and already a major corporation before many of the leaders of other tech firms around the world were actually born.
Microsoft's corporate standing differs from many of its peers in many other ways, too. Not only is it based in Seattle, its original homeland, as opposed to Silicon Valley in the next state westward, but it also manufactures computer hardware components as well as software, marking it out as a comprehensive provider of all aspects of the computer science industry. It could be fair to consider that Microsoft was viewed as a potential direct rival for Apple when Apple was founded just one year later, in 1976.
Since then, the two have been at the very top of their commercial game. However, Microsoft has recently been going from strength to strength, which is a remarkable feat considering its wranglings with anti-competition authorities in the United Kingdom and the United States, two of its vital markets.
This week, however, a further matter of interest has surfaced, adding to the ongoing market value speculation surrounding the viability of Microsoft's proposals to acquire electronic entertainment company Activision Blizzard for almost $69 billion, which has been an ongoing matter since the beginning of 2022.
As Microsoft's stock made an overall upward movement during the course of last year in the face of anti-competition authorities putting the brakes on the progress of the company's plans to acquire Activision Blizzard, the new year arrived with the deal still not complete and the American authorities sticking firmly to their premise that such an acquisition would create the largest corporate entity in the video game industry worldwide, potentially lessening the ability for other globally established companies such as Sony to compete in the market with its Playstation range of video games.
This matter rumbled on within the United States, but the British authorities made their decision to approve the merger later last year.
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