Microsoft to buy speech tech company Nuance for nearly $20 billion
CBSN
Microsoft, on an accelerated growth push, is buying speech recognition company Nuance all-cash transaction valued at $19.7 billion, including the AI software company's debt.
This acquisition is Microsoft's second largest under CEO Satya Nadella, after its $26 billion acquisition of professional networking site Linkedin, in 2016. Microsoft will pay $56 per share, a 23% premium over the closing price of Nuance on April 9. "For Nadella & Co, this is the right acquisition at the right time with Microsoft doubling down on its healthcare initiatives over the coming years," said Wedbush Securities analysts Dan Ives and Strecker Backe in a research note.
Probationary workers across multiple federal health agencies in the Department of Health and Human Services received virtually identical letters Saturday evening informing them they would be terminated from their positions, sources told CBS News.
It was Sept. 18, 2003 when Justine Vanderschoot's remains were discovered in a remote location more than two weeks after she disappeared. But it's in the garden outside her bedroom window where her parents Don and Lynnette still come to find her.
This story previously aired on Feb. 10, 2024. It was updated on Feb. 15, 2025. AMIE HARWICK (video): You can seek therapy to address an issue like depression, anxiety, a breakup. You can also seek therapy to be a better you! GARETH PURSEHOUSE (voicemail): I have so much I need to say. Please give me a chance to just say it. … Please (crying) please.
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Probational federal employees who lost their jobs on Thursday as part of the Trump administration's mass firing of government workers expressed shock and anger at the terminations, which they contend will hurt the government's ability to provide services.