Microsoft Stock News

As the brutal Russian invasion of Ukraine remained front and center this week, several tech giants threw their weight behind the worldwide effort to punish Moscow economically.

The deal, which was announced last year, helps Microsoft Corp. get more entrenched into hospitals and the health care industry through Nuance''s widely used medical dictation and transcription tools

Gamers won''t be able to make digital purchases from Nintendo''s Russian eShop for now. The gaming giant has announced that the eShop in Russia has been temporarily placed in maintenance mode "due to the fact that the payment service [it uses] has suspended the processing of payments in rubles." As Nintendo Life notes, people have been reporting about the outage on social networks, showing photos of their Switch getting error code 2813-0999 when they try to access the Russian eShop. It''s unclear if Nintendo itself cut off payments in the region on purpose, or if the company had no choice but to place the eShop in maintenance mode because a third-party processor removed ruble payments from its system. The translated wording seems to indicate that the latter is more likely. Other gaming companies had previously taken steps to limit access to their products and services in Russia. CD Projekt Red halted sales of its games, including Cyberpunk 2077 and The Witcher 3: Wild Hunt , and all titles on its GOG store in Russia and Belarus.

Microsoft announced it suspended new sales in Russia in order to further aid Ukraine in the war. Apple, Nike and other companies have cut ties also.

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Microsoft has announced it is suspending all new sales of its products in Russia. These products include but are not limited to Azure, Windows, and Xbox systems. According to president and vice chairman Brad Smith, the company is "horrified, angered and saddened" by the images and news coming from the war in Ukraine, and "condemn this unjustified, unprovoked and unlawful invasion by Russia." Read more

Brad Smith, President and Vice Chair of Microsoft, said that the company condemns the unjustified, unprovoked and unlawful invasion by Russia

Russia said it would block Facebook for excluding state media and CNN said it would stop broadcasting in Russia after a new law punishing “fake news” raised the stakes in Moscow’s fight with foreign corporation. Friday marked an escalation in the dispute that began after the invasion of Ukraine. Russia blocked a wave of media […]

Russia said it would block Facebook for excluding state media and CNN said it would stop broadcasting in Russia after a new law punishing “fake news” raised the stakes in Moscow’s fight with foreign corporation. Friday marked an escalation in the dispute that began after the invasion of Ukraine. Russia blocked a wave of media […]

Russia said it would block Facebook for excluding state media and CNN said it would stop broadcasting in Russia after a new law punishing "fake news" raised the stakes in Moscow''s fight with foreign corporation.

Activision agreed in January to be bought by Microsoft in a deal worth almost $69 billion.

Activision Blizzard is dealing with particularly serious fallout from the sexual misconduct allegations surrounding the company. The Washington Post has learned Activision Blizzard is facing a wrongful death lawsuit from the family of Kerri Moynihan, a woman who died by suicide in April 2017 during a company retreat. The family alleges sexual harassment at the game developer played a "significant factor" in her death. Moynihan''s death was referenced in a California Department of Fair Employment and Housing (DFEH) lawsuit over Activision Blizzard''s reported "frat boy" culture , albeit without mentioning her name. Male colleagues reportedly shared an explicit photo of Moynihan at the holiday party preceding her death, according to that lawsuit, and referred to a male supervisor who supposedly brought sex toys to the retreat. The family lawsuit alleges Moynihan''s boss, Greg Restituito, lied to Anaheim police and otherwise tried to hide evidence of a sexual relationship with the victim. He made "unusual inquiries" with employees present with Moynihan the night before her demise, according to a police report cited in the suit.

Sanctions against Russia have continued in the form of technology companies worldwide ceasing sales of products and services. Here''s the list of companies involved.

Bobby Kotick, who has been a director at Coca-Cola since 2012, said he was stepping down to provide full attention to the company’s pending tie-up with Microsoft.

Microsoft Corp (NASDAQ: MSFT ) suspended sales of products and services in Russia as it condemned the country’s invasion of Ukraine, Bloomberg reports . Microsoft worked closely with governments of the U.S., European Union, and the U.K. and stopped multiple aspects of its business in Russia in compliance with coordinated sanctions rules. Microsoft said its “single most impactful area of work almost certainly is the protection of Ukraine’s cybersecurity .” Related Content: More US Companies … Full story available on Benzinga.com