

Justice Department and 20 state attorneys general file an antitrust suit against Microsoft, charging the company with abusing its market power to thwart competition.

Michel Lacombe, president of MS Europe, Middle East and Africa (Microsoft EMEA) states, "Microsoft is serious about providing its customers with the tools they need for their systems to function smoothly with the new single currency."
Microsoft pinball arcade theme song update#
A product update will be made available for Windows 95 and Windows NT 4.0. Microsoft announces plans to support the Euro Currency Symbol in the Windows operating systems family, including Windows 98, Windows NT 5.0 and Windows CE 2.1. Terms of the Agreement include a payment to General Magic of six million dollars. Agreements between the two companies include an equity investment as well as the licensing of certain General Magic technologies. Microsoft makes a minority investment in General Magic. The reorganization focuses the product groups on investing in Windows with the goal of delivering simplicity and scalability, allowing businesses to maximize their competitive advantage through their digital nervous system, and promoting the Web lifestyle. Microsoft realigns its product groups to respond to changing consumer and market needs. As of December 31, 1997, Microsoft had approximately 1.2 billion common shares outstanding. Shareholders will receive one additional common share held on the record date of February 6, 1998. Microsoft Corporation's Board of Directors approves a 2-for-1 split of its common shares. They join preschool Barney™, who debuted last year as the first ActiMates plush character. Marc Brown's Arthur, and Arthur's little sister, D.W., will be introduced at Toy Fair in New York on Feb. Microsoft will add two new Actimates learning system characters to its product lineup. Official Subsidiaries Launched: Microsoft India (R&D) Private Limited, Microsoft El Salvador S.A. The 1998 fiscal Year employee headcount totals 27,055 people. Microsoft Corporation's Board of Directors approves a 2-for-1 split of its common shares and The U.S. For Microsoft, 1998 means a changing of the guard as Bill Gates appoints Steve Ballmer president of Microsoft.
