Microsoft Is Just About To Buy LinkedIn For $26 Billion
Tech giant Microsoft is about to buy LinkedIn in a $26 billion deal, since the company accepted to allow the social media competitors some access to its software, in order that the European Union (EU) could approve an acquisition that could be very beneficial and lucrative for both parties, since there was a general concern regarding who this deal could threaten competition in an injustice manner.
To Buy LinkedIn Would Represent A Huge Inconvenient For The Competition
According to Investopedia, the reason why Bill Gates company is just about to buy the social media is because the European Commission feels satisfied with these concessions, considering that it required feedback from Microsoft´s rivals and customers as Salesforce.com,Inc., which also wanted to acquire LinkedIn. Naturally, in a usual move that many believe that is usually made just to annoy, the company urged regulators to check the anti-trust and information privacy issues thoroughly before approving the acquisition.
In addition to these concessions, the tech giant will additionally allow third-party manufactures as Dell Inc. or Hewlett-Packard (HP) Enterprise Co. to disable the LinkedIn shortcut on its desktops and laptops, which many believe that could be too much beneficial for the competitors. However, a precedent shows that the European Union antitrust decision condemned Microsoft 12 years ago for bundling unnecessary programs in its operating system, so the company feels forced to make this kind of concessions so its acquisition doesn´t have any problems.
Both Companies Needs The EU´s Approval
According to Tech Times, although this resolution seems more than for Microsoft to close the deal with LinkedIn, there´s no guarantees that the EU wouldn´t disapproved it. If this happens things will turn very ugly, since the EU commission would choose to investigate, which could stall the deal for a little bit less than five months. The committee analyzing the acquisition deal will give the final ruling by December 6, and everyone is expecting a favorable call. Bill Gates´ is about to buy LinkedIn, but it could stay this way.
Apple´s Most Controversial And Succesful Decisions With The iPhone
Apple has always innovated in most of its products, but what the Cupertino company did with its iPhone, change the history of mobile devices because of its greatness and risky decisions.
Samsung´s SDI Battery Affiliate Is Facing A Lot Of Troubles After The Galaxy Note 7 Fiasco
Although Samsung get its reputations extremely damage after the Galaxy Note 7 recall, its SDI battery affiliate has been indirectly blamed for being the main responsible in the phones outburst.
Samsung´s Headquarters Got Raided By South Korean Prosecutors
The political scandal has been one of the most controversial news in South Korea in the last weeks. This situation represents a great damage for Samsung´s reputations, in addition to the Galaxy Note 7 fiasco.
No More Browser For Facebook Messenger: Windows and Mac Desktop App With Video Chat Is Here!
Facebook has just recently announced that the Facebook Messenger app for both Windows and Mac is finally here!
The Potato Microsoft Teams Incident: Boss Can't Get Rid of Potato Filter During a Video Meeting! Everyone Decided to Just Go With It
A recent Microsoft Teams incident has happened where a particular boss accidentally turned the potato filter on and was not able to turn it off staying the entire meeting!
MORE IN ITECHPOST
Facebook Android App Switched Features To The Bottom Of The Screen: Why!?
Ever wondered why Facebook has decided to switch its features to the bottom side of the screen?
NASA's Cassini Mission Now Has Strong Evidence Why Saturn's Atmosphere is Scorchingly Hot!
The upper layers in the atmospheres of gas giants such as Saturn, Jupiter, Uranus, and Neptune, are hot, similar to Earth's. The similarity ends there, as these giants are much farther from the sun to explain their blazing temperatures. The new mapping of Saturn's upper atmosphere has illustrated the reason why it's so hot.
Riot Games Release Brand-New VALORANT; Watch Now To Get A Chance To Play The Game Early!
The launch of the' all-new Valorant is one of the most significant events in history with millions of players wanting early access. Here's how!