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As a result, the company will record an impairment and restructuring charge of approximately $950 million, of which approximately $200 million will relate to severance payments. However, the plan was short-lived, as Altman was subsequently reinstated as OpenAI’s CEO and Brockman rejoined the company amid pressure from OpenAI’s employees and investors on its board. On January 18, 2022, Microsoft announced the acquisition of American video game developer and holding company Activision Blizzard in an all-cash deal worth $68.7 billion. The increased necessity for remote work and distance education drove demand for cloud computing and grew the company’s gaming sales. The public cloud computing platform provides access to quantum software and quantum hardware including trapped ion, neutral atom, and superconducting systems.
It has been criticized for its monopolistic practices, and the company’s software received criticism for problems with ease of use, robustness, and security. In April 2019, Microsoft became the third public U.S. company to be valued at over $1 trillion. In the enterprise and development fields, Microsoft most notably provides the Azure cloud computing platform, Microsoft SQL Server database software, and Visual Studio.citation needed
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