Confirmed—Microsoft Buys GitHub For $7.5 Billion

Here's the biggest news of the week—Microsoft has reportedly acquired GitHub for $7.5 billion.
For those unaware, GitHub is a popular code repository hosting service that allows developers to host their projects, documentation, and code in the cloud using the popular Git source management system, invented in 2005 by Linux founder Linus Torvalds.
GitHub is used by many developers and big tech companies including Apple, Amazon, Google, Facebook, and IBM to store their corporate code and privately collaborate on software, but Microsoft is one of the top contributors to the web-hosting service.

Microsoft has uploaded several of its most important projects, including PowerShell, the .NET framework, and the Microsoft Edge JavaScript engine, to the website under open source licenses. Microsoft also partnered with Canonical to bring Ubuntu to Windows 10.