EU antitrust regulators to accept Microsoft’s Office-Teams offer: Reuters

EU antitrust regulators to accept Microsoft’s Office-Teams offer: Reuters


The Microsoft Teams app on a laptop arranged in New York, US, on Tuesday, June 25, 2024.

Gabby Jones | Bloomberg | Getty Images

EU antitrust regulators are set to accept Microsoft’s offer to widen the price differential between the Office product sold with its chat and video app Teams and its software sold without the app, people familiar with the matter said on Wednesday.

The move would bring an end to a long-running case triggered by a 2020 complaint by Salesforce-owned Slack, which could have resulted in a hefty antitrust fine for the U.S. tech giant.

The European Commission is likely to seek feedback from rivals and customers on Microsoft’s offer in the coming months, the sources said.



Source

Banks say Trump’s ‘big beautiful bill’ could boost the U.S. economy – despite deficit concerns
World

Banks say Trump’s ‘big beautiful bill’ could boost the U.S. economy – despite deficit concerns

The U.S. Capitol in Washington, D.C. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump’s “big, beautiful bill” — or officially, the One Big Beautiful Bill Act — is a controversial piece of legislation, but some banks are in favor of it, saying it’s the shot in the arm the economy needs. It was advanced […]

Read More
Tesla shares tumble after Trump says DOGE should look at Elon Musk’s subsidies
World

Tesla shares tumble after Trump says DOGE should look at Elon Musk’s subsidies

Elon Musk speaks with U.S. President-elect Donald Trump as they watch the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images Shares of Tesla were under pressure on Tuesday after President Donald Trump said in a late […]

Read More
Euro rises after euro zone inflation hits ECB’s 2% target
World

Euro rises after euro zone inflation hits ECB’s 2% target

European government borrowing costs fall Yields on European government bonds moved lower in the wake of the latest euro zone inflation print, which showed inflation hit the ECB’s 2% target in June. The yield on the German 10-year bund — seen as a benchmark for the euro zone — was 4 basis points lower by […]

Read More