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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers

1

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
TechMicrosoft

Rivals Microsoft and Sony Strike Pact for Gaming, Cloud Services

By
Dina Bass
Dina Bass
and
Bloomberg
Bloomberg
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By
Dina Bass
Dina Bass
and
Bloomberg
Bloomberg
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May 16, 2019, 4:11 PM ET
Person's silhouette appears besides Microsoft's logo in office building
A customer stands near the Microsoft Corp. logo during the Microsoft Corp. Xbox One X game console global launch event in New York, U.S., on Monday, Nov. 6, 2017. As Microsoft Corp. begins selling a new Xbox console, the focus of its video-game unit is shifting toward software and services. The company plans to increase investment in developing in-house video games. Photographer: Mark Kauzlarich/Bloomberg via Getty ImagesMark Kauzlarich—Bloomberg via Getty Images
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Microsoft Corp. and Sony Corp., bitter rivals in the game console market, are exploring partnerships in cloud-computing and artificial intelligence, including the use of Microsoft’s Azure for their own video and content-streaming services.

By working together, the two companies aim to provide more enhanced entertainment experiences for their customers worldwide, including building better platforms for content creators, they said in a statement Thursday. The companies also may collaborate on semiconductors, potentially working on new image sensors that would combine Sony’s image sensor technology with Microsoft’s AI tools in Azure.

While the companies have worked together in some parts of their businesses, Sony’s PlayStation and Microsoft’s Xbox compete fiercely, particularly for the attention of hard-core gamers. At the same time, as both companies face rivals such as Alphabet Inc.’s Google, Apple Inc., and Amazon.com Inc., Sony will want cloud horsepower to run its services. The two companies said they will share additional information in the future.

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—While Twitter-user-reported violations rise, the number of accounts punished drops

—Startups disrupted breast pumps, and infant formula could be next

—Walmart says free one-day shipping will save the company money

Catch up with Data Sheet, Fortune‘s daily digest on the business of tech.

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