Microsoft Seeks EU Approval for $26 Billion LinkedIn Acquisition

Microsoft sought EU antitrust approval on Friday for its $26 billion bid for social network LinkedIn, a spokesman said on Friday, kicking off a month-long review by regulators of its largest deal. “We filed today,” company spokesman Robin Koch said. He said the European Commission has set a November 22 deadline to examine the case. The […]

BlackBerry Posts Quarterly Loss on Restructuring, Acquisition Costs

BlackBerry Ltd posted a quarterly net loss on Friday, mainly from restructuring and acquisition-related costs. The smartphone industry pioneer reported a net loss of $238 million (roughly Rs. 1,578 crores), or 45 cents a share, for the fourth quarter ended on Feb. 29, compared with year-earlier profit of $28 million (roughly Rs. 185 crores), or […]