Microsoft's is expected to launch Windows 11 on June 24, and it's going to need to be a hit with some important buyers.
Back in January, Roku (NASDAQ: ROKU) bought Quibi, a short-lived streaming platform that offered short "quick bite" videos for mobile devices, for less than $100 million. The acquisition brought over 75 new shows to The Roku Channel, which provides free movies, programs, and live TV channels. First, it rebranded Quibi's shows as "Roku Originals" in April.
Microsoft Corp will show off on Thursday the first major revamp of its Windows operating system since 2015. The software that turned Microsoft into a household name and dominated personal computers for years has been overtaken in popularity by devices using Apple and Google software, but it is still core to Microsoft's strength in the corporate market. And the upgraded operating system may also appeal to individuals, who have helped drive sales of PCs sharply higher over the past year due to work-from-home practices adopted during the COVID-19 pandemic.