CURRENT AFFAIRS

Detailed explanation-1: -Following Facebook’s acquisition of WhatsApp, Microsoft’s acquisition of LinkedIn, which is valued at approximately USD 26 billion[19], is considered to be the greatest large-scale company transaction thus far in technology history.

Detailed explanation-2: -The type of deal described in the Microsoft-LinkedIn press release is a traditional merger and represents the most common deal structure: The target’s management negotiates with the buyer’s management and board.

Detailed explanation-3: -Judgment. Citing ongoing abuse by Microsoft, the EU reached a preliminary decision in the case in 2003 and ordered the company to offer both a version of Windows without Windows Media Player and the information necessary for competing networking software to interact fully with Windows desktops and servers.

Detailed explanation-4: -The European Commission fined Microsoft Corp. $613 million and ordered the U.S. software giant to offer a version of its Windows operating system without the Windows Media Player software within 90 days, the commission announced today.

Detailed explanation-5: -From 2015 most of the company’s revenue came from selling access to information about its members to recruiters and sales professionals. Since December 2016, it has been a wholly owned subsidiary of Microsoft. As of February 2022, LinkedIn has 830+ million registered members from over 200 countries and territories.