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Microsoft Announces Acquisition of Moderation Company Two Hat -Breaking

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© Reuters.

Sam Boughedda

Investing.com — Microsoft Corporation (NASDAQ) announced Friday that it had acquired Two Hat, a content moderation company.

Two Hat’s technology is used to protect the Xbox, Minecraft, MSN and MSN communities from harmful content.

Two Hat and Microsoft worked together over the years to incorporate proactive moderation technology to gaming and nongaming experiences in order to remove any harmful content from our communities. Dave McCarthy is corporate vice president of Xbox Product Services.

Microsoft claimed that the acquisition would accelerate its first-party content moderating solutions in gaming as well as a broad range of Microsoft consumer services.

Two Hat stated that it was “thrilled” by the news, in a blog statement.

Microsoft shares rose 1.3% on Friday. This is a continuation of their upward climb. Tuesday’s earnings report. The company is now the world’s largest and most valued, having surpassed Apple’s current market value.

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