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Technology / AI and automation

PAUL ALLEN SELLS $785M OF MICROSOFT STOCK

Microsoft Corp co-founder Paul Allen has sold another tranche of his Microsoft shares, raising around $785m in the process. He has filed to sell 5.45 million shares, leaving him with some 94 million shares. But we need not worry that he’s running short, as that represents around $13.5bn worth of the company’s stock at today’s prices. Allen invests in a wide variety of companies and also owns Seattle football team the Seahawks and the Portland Trailblazers basketball team.

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CBR Staff Writer

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