Microsoft offers EU concessions over its $26bn LinkedIn bidNovember 16, 2016 - 18:16 AMT PanARMENIAN.Net - Microsoft has offered concessions to EU antitrust regulators over its $26 billion bid for social network LinkedIn, the European Commission said on Wednesday, November 16, as the U.S. software company seeks to allay concerns over its largest ever deal, Reuters reports. The move came after the EU competition enforcer expressed concerns about the deal at a meeting with Microsoft executives last week. The Commission, which will rule on the deal by Dec. 6, did not provide details. It is expected to seek feedback from rivals and customers before deciding whether to accept the concessions, demand more or open a full investigation. Microsoft declined to comment. The LinkedIn acquisition will allow it to add a suite of sales, marketing and recruiting services to its core business products as it gears up for next-generation computing. LinkedIn makes most of its $3 billion annual revenue from job hunters and recruiters who pay a monthly fee to post resumes and connect with people. U.S. rival Salesforce, which lost out on the bidding for LinkedIn, has warned of the threat to innovation and competition and urged regulators to examine the antitrust and data privacy issues thoroughly before clearing the deal. Microsoft however sees competition from social network Facebook and wants regulators to take that into account, people familiar with the matter said. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. |