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According to Microsoft, the productivity software suite has been restored after an outage

September 12 (Reuters) – Microsoft (MSFT.O)opens new tab said its cloud-based productivity software suite, which includes Word, Excel and Teams among other widely used tools, had recovered from an outage that affected thousands of users on Thursday. “We can confirm…

Nvidia’s forecast dampens AI enthusiasm of other technology stocks

Nvidia loses $200 billion in market value Other AI companies such as Broadcom, AMD, Microsoft and Amazon are also losing ground Investors’ high expectations led to disappointment despite Nvidia’s strong earnings August 28 (Reuters) – Nvidia shares (NVDA.O)opens new tab…

Exclusive: Evolent Health in sale talks after takeover interest, sources say

NEW YORK, Aug 22 (Reuters) – Evolent Health (EVH.N)opens new tab is currently in talks with private equity firms and health care providers about a potential sale. The process was initiated after interest in an acquisition emerged, people familiar with…

Mike Lynch was a British technology pioneer who died at sea after being acquitted in a US trial

LONDON, Aug 22 (Reuters) – Tech tycoon Mike Lynch, who died when his luxury yacht sank off Sicily, spent more than a decade building Britain’s biggest software company – and for almost as long he fought accusations that he inflated…

AMD acquires server manufacturer ZT Systems for $4.9 billion in cash and stock

Aug 19 (Reuters) – AMD (AMD.O)opens new tab announced on Monday that it plans to acquire server maker ZT Systems for $4.9 billion. The company wants to expand its portfolio of chips and hardware for artificial intelligence and compete against…