BBCNEWS World Business Report June 4, 2024 05:48:00
And everything that comes around that. microsoft is to buy a 4% stake in the london stock exchange group as part of a 10—year deal to migrate the exchange's data into the cloud. as part of the deal, the lse will spend $2.8 billion dollars on microsoft's cloud computing services. regulators though have raised concerns about the over—reliance of financial firms on too few cloud providers, given the potential for disruption if a provider went down. joining me now is justin urquhart—stewart, founder of the investment platform regionally you know the stock exchange well and you've worked arou...