MICROSOFT TO BUY GITHUB FOR $7.5 BN

Microsoft is buying the open-source coding platform GitHub in an allstock deal worth $7.5 billion. San Francisco-based GitHub provides coding tools to more than 28 million developers and claims to be the largest code host. The deal will bolster the Windows maker’s pivot to cloud services, undertaken by CEO Satya Nadella, and help the company compete better with the likes of Amazon.