News

Microsoft to Face Breakup, Stock Plummets

CNN.com reports that Microsoft Corp. may be split in half as a result of Judge Thomas Penfield Jackson's ruling that the company has monopolized the Web browser market. As a result of the news, Microsoft's stock price plunged 12.3125 points from Thursday's close to $66.625.

In addition to the drop in Microsoft's (www.microsoft.com) stock price, several securities analysts removed Microsoft from their lists of "recommended" stocks. The Microsoft sell-off brought the Nasdaq (www.nasdaq.com) market down 161.4 points to 3482.48 at the end of trading today.

The proposal set forth by the Department of Justice and 19 states calls for a split of Microsoft into two separate companies, one for its Windows operating system and another for its software titles. The Washington Post reported that federal prosecutors have recommended a breakup of Microsoft into three separate companies.

Microsoft executives say that it is still early in the proceedings and that there is no reason to be worried yet. - Isaac Slepner

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

  • Get More Out of Your Outlook Inbox with TakeNote

    Brien comes across a handy, but imperfect, feature in Outlook that lets you annotate specific e-mails. Its provenance is something of a mystery, though.

  • Microsoft Resumes Rerelease of Windows 10 Version 1809

    Microsoft on Wednesday once more resumed its general rollout of the Windows 10 version 1809 upgrade, also known as the "October 2018 Update."

  • Microsoft Ups Its Windows 10 App Compatibility Assurances

    Microsoft gave assurances this week that organizations adopting Windows 10 likely won't face application compatibility issues.

  • SharePoint Online Users To Get 'Modern' UI Push in April

    Microsoft plans to alter some of the tenant-level blocking capabilities that may have been set up by organizations and deliver its so-called "modern" user interface (UI) to Lists and Libraries for SharePoint Online users, starting in April.

comments powered by Disqus
Most   Popular

Office 365 Watch

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.