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Microsoft in talks to buy AI firm Nuance Communications for about $16 billion -source
Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc at about $16 billion, according to a source familiar with the matter.
The price being discussed could value Nuance at about $56 a share, the source said, adding that an agreement could be announced as soon as Monday.
Bloomberg News, which first reported the deal between Nuance and Microsoft, said bloom.bg/2Qgfm7e talks are ongoing and the discussions could still fall apart.
Burlington, Massachusetts-based Nuance whose voice recognition technology helped launch Apple Inc’s assistant Siri, makes software for sectors ranging from healthcare to the automotive industries.
The deal with Nuance would be Microsoft’s second-biggest deal, after its $26.2 billion acquisition of LinkedIn in 2016.
Microsoft and Nuance did not immediately respond to Reuters’ request for comment.
The former king of Spain was sued by a mistress for trying to get back from her $100 million he got as a bribe from Saudi Arabia
A London court has unveiled a lawsuit against Juan Carlos filed by Corina Larsen, a former lover, for illegal surveillance, harassment and libel that led to damage to her liveli...
US: A New Bill Proposal Aims to Raise $30B Through Crypto Taxes
A newly introduced bill in Congress proposes to raise $28 billion from crypto investors by applying new information reporting requirements to exchanges and other parties.
PayPal Rolling Out Crypto 'Super App Wallet' Soon In The US
According to PayPal CEO, Dan Schulman the project is already "code complete" and the plan is to release the app in the United States in the coming months.
Burger King Brazil's DOGE Campaign: Dogecoin Accepted for Dog Treats
Burger King restaurants in Brazil have a new DOGE-themed marketing campaign. Burger King fast food restaurants in the country are accepting Dogecoin for Whopper-themed dog treat...
Google Requires Employee Vaccinations, Pushes Back Reopening
"Anyone coming to work on our campuses will need to be vaccinated," Sundar Pichai said in a blog post.
Don’t expect post-Brexit Britain to match EU’s fight against big tech
Profits for America’s tech firms continue to soar and there are few signs they will face tougher rules
Ready For Take Off? 10 Celebrity-Inspired Outfits to Ensure Your Trip Is a Sartorial Success
Take a cue from Angelina Jolie, Helen Mirren, Kaia Gerber, Gabrielle Union, and more.
IBM: Cost of data breaches hit 17-year high
The US experienced the most expensive breaches at more than $9 million per incident
Joby's electric flying taxi completes 150-mile flight
Joby Aero Inc. has reached a milestone with its electric flying taxi, successfully flying the prototype a complete 150 miles on one battery charge.
Israel Approves COVID-19 Vaccines For At Risk Children Aged 5-11
The health ministry issued a list of medical problems like -- children with brain, heart or lung problems and others-- where a vaccination was advised.
Britain’s Most Expensive Home Approved For $276 Million Renovation
The renovations planned for Rutland Gate in London's Knightsbridge are expected to cost as much as its purchase price.
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