By , ZeniMax, parent company of Bethesda Softworks, has developed hits including Fallout and Doom. It was valued at $2.5 billion in May 2016, and has raised over $600 million from investors, according to PitchBook data.Microsoft, which will own 23 creative studio teams after the acquisition, said it plans to bring Bethesda’s future games into its monthly Xbox Game Pass subscription service when it launches on Xbox or PC. The game pass now has more than 15 million subscribers, up from the 10 million the company shared in April.Bethesda’s structure and leadership will remain in place,...…By , ZeniMax, parent company of Bethesda Softworks, has developed hits including Fallout and Doom. It was valued at $2.5 billion in May 2016, and has raised over $600 million from investors, according to PitchBook data.Microsoft, which will own 23 creative studio teams after the acquisition, said it plans to bring Bethesda’s future games into its monthly Xbox Game Pass subscription service when it launches on Xbox or PC. The game pass now has more than 15 million subscribers, up from the 10 million the company shared in April.Bethesda’s structure and leadership will remain in place,...WW…

By , (Reuters) - Amazon.com Inc has started to use thermal cameras at its warehouses to speed up screening for feverish workers who could be infected with the coronavirus, employees told Reuters.The cameras in effect measure how much heat people emit relative to their surroundings. They require less time and contact than forehead thermometers, earlier adopted by Amazon, the workers said.Cases of the virus have been reported among staff at more than 50 of Amazon’s U.S. warehouses. That has prompted some workers to worry for their safety and walk off the job. Unions and elected officials have...…By , (Reuters) - Amazon.com Inc has started to use thermal cameras at its warehouses to speed up screening for feverish workers who could be infected with the coronavirus, employees told Reuters.The cameras in effect measure how much heat people emit relative to their surroundings. They require less time and contact than forehead thermometers, earlier adopted by Amazon, the workers said.Cases of the virus have been reported among staff at more than 50 of Amazon’s U.S. warehouses. That has prompted some workers to worry for their safety and walk off the job. Unions and elected officials have...WW…

By , (Reuters) - Amazon.com Inc has started to use thermal cameras at its warehouses to speed up screening for feverish workers who could be infected with the coronavirus, employees told Reuters.The cameras in effect measure how much heat people emit relative to their surroundings. They require less time and contact than forehead thermometers, earlier adopted by Amazon, the workers said.Cases of the virus have been reported among staff at more than 50 of Amazon’s U.S. warehouses. That has prompted some workers to worry for their safety and walk off the job. Unions and elected officials have...…By , (Reuters) - Amazon.com Inc has started to use thermal cameras at its warehouses to speed up screening for feverish workers who could be infected with the coronavirus, employees told Reuters.The cameras in effect measure how much heat people emit relative to their surroundings. They require less time and contact than forehead thermometers, earlier adopted by Amazon, the workers said.Cases of the virus have been reported among staff at more than 50 of Amazon’s U.S. warehouses. That has prompted some workers to worry for their safety and walk off the job. Unions and elected officials have...WW…

By , (Reuters) - Amazon.com Inc is in preliminary talks to invest in U.S. cloud services provider Rackspace Technology Inc, people familiar with the discussion said on Monday.The deal would involve Amazon acquiring a minority stake in Rackspace, the sources said. Rackspace helps companies migrate their data to Amazon Web Services, and the investment would strengthen the ties between the two companies. Rackspace also migrates companies to Alphabet Inc’s Google Cloud, Microsoft Corp’s Azure and VMware Inc.There is no certainty that Amazon and Rackspace, which is majority-owned by private...…By , (Reuters) - Amazon.com Inc is in preliminary talks to invest in U.S. cloud services provider Rackspace Technology Inc, people familiar with the discussion said on Monday.The deal would involve Amazon acquiring a minority stake in Rackspace, the sources said. Rackspace helps companies migrate their data to Amazon Web Services, and the investment would strengthen the ties between the two companies. Rackspace also migrates companies to Alphabet Inc’s Google Cloud, Microsoft Corp’s Azure and VMware Inc.There is no certainty that Amazon and Rackspace, which is majority-owned by private...WW…

A Microsoft logo is seen on an office building in New York City, U.S. on July 28, 2015. REUTERS/Mike SegarRegister now for FREE unlimited access to Reuters.comApril 20 (Reuters) - Messaging platform Discord Inc has ended deal talks with Microsoft Inc and plans to focus on expanding the business as a standalone company, sources familiar with the matter told Reuters on Tuesday.The company will focus on building the chat platform and making money from its user base that has grown quickly during the pandemic. A public listing is on the table but not imminent, the sources added.Microsoft and...…A Microsoft logo is seen on an office building in New York City, U.S. on July 28, 2015. REUTERS/Mike SegarRegister now for FREE unlimited access to Reuters.comApril 20 (Reuters) - Messaging platform Discord Inc has ended deal talks with Microsoft Inc and plans to focus on expanding the business as a standalone company, sources familiar with the matter told Reuters on Tuesday.The company will focus on building the chat platform and making money from its user base that has grown quickly during the pandemic. A public listing is on the table but not imminent, the sources added.Microsoft and...WW…

Register now for FREE unlimited access to Reuters.comApril 12 (Reuters) - Microsoft Corp said on Monday it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion, as it expands cloud solutions for healthcare customers.The deal comes after the companies partnered in 2019 to automate clinical administrative work such as documentation. It shows Microsoft's ambition to extend its leadership into an industry where digital transformation has picked up speed during the pandemic. Healthcare providers have invested more in technology to improve...…Register now for FREE unlimited access to Reuters.comApril 12 (Reuters) - Microsoft Corp said on Monday it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion, as it expands cloud solutions for healthcare customers.The deal comes after the companies partnered in 2019 to automate clinical administrative work such as documentation. It shows Microsoft's ambition to extend its leadership into an industry where digital transformation has picked up speed during the pandemic. Healthcare providers have invested more in technology to improve...WW…

By , , (Reuters) - U.S. grocery delivery app Instacart is considering going public through a direct listing, concerned that it could leave money on the table through a traditional initial public offering (IPO), according to people familiar with the matter.The move would make Instacart the latest company to snub an IPO, for decades the primary path to a stock market debut, because it risks pricing its offering too low compared to where its shares end up trading. In a direct listing, companies go public without raising money through a stock sale.Shares of newly listed U.S. companies that went...…By , , (Reuters) - U.S. grocery delivery app Instacart is considering going public through a direct listing, concerned that it could leave money on the table through a traditional initial public offering (IPO), according to people familiar with the matter.The move would make Instacart the latest company to snub an IPO, for decades the primary path to a stock market debut, because it risks pricing its offering too low compared to where its shares end up trading. In a direct listing, companies go public without raising money through a stock sale.Shares of newly listed U.S. companies that went...WW…

By , (Reuters) - For Jonny Coreson, $4 billion is worth $5 billion.The 32-year-old test prep business owner from Denver invested $100,000 in shares of veteran hedge fund manager Bill Ackman’s special purpose acquisition company (SPAC), Pershing Square Tontine Holdings Ltd, after they soared 25% in December with no imminent deal in sight. This valued the blank-check acquisition firm at $5 billion, when on paper it was worth only the $4 billion it had raised in an initial public offering in July.“There weren’t very many options for retail investors to get into the stock before its IPO. If I’m...…By , (Reuters) - For Jonny Coreson, $4 billion is worth $5 billion.The 32-year-old test prep business owner from Denver invested $100,000 in shares of veteran hedge fund manager Bill Ackman’s special purpose acquisition company (SPAC), Pershing Square Tontine Holdings Ltd, after they soared 25% in December with no imminent deal in sight. This valued the blank-check acquisition firm at $5 billion, when on paper it was worth only the $4 billion it had raised in an initial public offering in July.“There weren’t very many options for retail investors to get into the stock before its IPO. If I’m...WW…

By , (Reuters) - Shares of Unity Software Inc soared in their debut on the New York Stock Exchange on Friday, giving the gaming platform a market value of around $18 billion and signaling sustained demand for new stocks.The Silicon Valley startup’s stock, which debuted on the New York Stock Exchange at $75 per share, closed at $68.35, well above the $52 per share in its initial public offering on Thursday.“Going public is good for discipline. We can also compensate our employees with more transparency,” said Unity Chief Executive John Riccitiello. “We picked the date earlier this year, and...…By , (Reuters) - Shares of Unity Software Inc soared in their debut on the New York Stock Exchange on Friday, giving the gaming platform a market value of around $18 billion and signaling sustained demand for new stocks.The Silicon Valley startup’s stock, which debuted on the New York Stock Exchange at $75 per share, closed at $68.35, well above the $52 per share in its initial public offering on Thursday.“Going public is good for discipline. We can also compensate our employees with more transparency,” said Unity Chief Executive John Riccitiello. “We picked the date earlier this year, and...WW…