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Saturday, Sep 25, 2021
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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.
Cheung Sha Wan tenements set for wrecking ball to provide 2,000 flats
Authority estimates about HK$10 billion will be needed to rehouse and compensate around 2,100 families in the Kim Sin Lane blocks.
'China Won't Care About Their Ties With US...': Chinese Media On Quad
The editorial in the Chinese Communist Party-backed Global Times comes on a day when Prime Minister Narendra Modi is scheduled to hold a bilateral with US President Joe Biden
Tiananmen Square vigil group in Hong Kong denies it threatens national security
Hong Kong Alliance in Support of Patriotic Democratic Movements of China responds to Chris Tang ahead of its vote on disbanding.
This Caribbean island is open...but only to the rich
A holiday on the volcanic island requires a $70,000 salary and an open calendar, but things are about to change.
HK$4.28 million worth of contraband seized, including lobsters and abalone
Officers intercepted the speedboat in Deep Bay off the border town of Lau Fau Shan, near the maritime boundary with mainland China, in third cross-border smuggling attempt foile...
EU Aims to Deny Tax Breaks to Multinationals With Shell Entities
The European Union will make an official proposal to deny companies tax benefits linked to the use of shell entities, a top tax official said Wednesday.
Hong Kong’s NGO Leadership Programme awards pair of HK$400,000 grants
Organised by UBS and Chinese University, and co-sponsored by Operation Santa Claus, the programme chose this year’s winners from a pool of 28 candidates.
Johnson tells French president UK govt wants to ‘re-establish cooperation’ after nuclear sub dispute, Macron’s office says
The office of the French president says UK Prime Minister Boris Johnson has expressed a desire to “re-establish cooperation” amid tension between the states following the recent...
Phone scammers in Hong Kong posing as health officials, Amazon staff
Anti-fraud squad says con artists contact residents and tell them Covid-19 shots have ‘lost effectiveness’, asking for personal information.
Huawei CFO Meng Wanzhou reaches deferred prosecution agreement with U.S.
Meng Wanzhou, the Huawei Technologies executive detained in Canada since December 2018 to await extradition to the United States, has reached a deal with the U.S. government.
Police officer ‘solicited HK$1 million in loans’ from victim and suspect
Au Kar-man, 46, has been charged with soliciting unauthorised loans under Hong Kong’s Prevention of Bribery Ordinance.
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