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"PARIS (AFP) - Microsoft on Monday said Netherlands-based vehicle navigation systems firm TomTom had agreed to a friendly settlement of claims it infringed on the software giant's patented technology."
Under a five-year agreement, Microsoft Live Search will become the default search service on cellphones and smartphones running on the Verizon Wireless network.
MSFT reports that it might exploit its excellent credit rating to generate extra revenue from a down market by selling bonds.
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New research shows that Microsoft's stock price suffers more than usual on days that it ships software updates to plug security holes, these, with few exceptions, being the second Tuesday of each month.
So far for 2008, "Patch Tuesday" has statistically seen the stock down -0.45 percent, as compared to the average day in 2008, -0.17.
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On October 23, 2008 Microsoft announced its first quarter 2009 earnings results. Revenues for the quarter were $15.06 billion, a 9% increase from the same period in 2008. The comany's earnings met analysts' expectations and satisfied investors' concerns over Microsofts ability to sustain its business in a weak economy. Shares climbed 3.67% following the earnings release.
"On "Manic Monday", October 13, the Dow rebounded 936.42 points to nearly double the largest daily point gain in history and record the first gain of more than 10% since 1933."
"Oct. 7 (Bloomberg) -- U.S. stocks fell, sending the Standard & Poor's 500 Index below 1,000 for the first time since 2003, on speculation banks and real-estate companies are running short of money as the credit crisis worsens."
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On July 16, 2008 Microsoft announced that it would acquire Zoomix, an Israli business intelligence company. The price of the acquisition was not released, but it was estimated by analysts to be in the $20-30 million range.
On June 17, 2008 Microsoft announced that it would purchase Navic Networks. Navic is a Massachusetts based company that specializes in technologies for placing targeted and interactive advertising on digital cable. This is Microsoft's first step into the television advertising arena.
Microsoft announced that it will sell 20 million windows Mobile smartphone liscenses. These results beat RIM in the last four quarters.
Microsoft, the world's largest software company, acquired travel Web site Farecast, gaining technology that predicts whether air fares will rise or fall. Farecast Chief Executive Officer Hugh Crean announced the purchase Thursday on the company's blog. He didn't disclose a price or other terms. Microsoft added the Seattle-based company's prediction and planning services to its MSN Travel Web site in July. Microsoft is making acquisitions to attract more Web users and boost online ad revenue. Microsoft is making acquisitions to attract more Web users and boost online ad revenue. After buying AQuantive for $6 billion last year, Microsoft is now trying to acquire Yahoo. The moves are an effort to catch up with Google in the $40.9 billion global online ad market. "We look forward to working closely with the Farecast team to incorporate and apply its technology in new and interesting ways," Whitney Burk, a spokeswoman for Redmond, Wash.-based Microsoft, said in an e-mailed statement. She declined to comment further.
NEW YORK (AP) - Microsoft (NASDAQ:MSFT) Corp. said Monday it is slashing the price of the Xbox 360 in Europe by 80 euros (about $123) to widen the market for the consoles ahead of the launch of 'Grand Theft Auto IV,' one of the year's most highly anticipated games.
The lowest-priced Xbox 360 Arcade console, which does not come with a hard drive but includes 256 megabytes of storage, will cost 199.99 euros ($307) beginning Friday -- 80 euros lower than its current estimated retail price.
The 20 gigabyte console will now cost 269.99 euros ($415) and the Xbox 360 Elite, which comes with a 120 gigabyte hard drive, will cost 369.99 euros ($568).
In an effort to get consumers to upgrade their older computers to its newest operating system, Microsoft (NSDQ: MSFT) said Friday that it plans to cut the prices of packaged versions of Windows Vista by as much as nearly 50% in some countries. Effective with release of the boxed edition of Vista Service Pack 1, expected to be available at stores within the next several weeks, the price for a full, retail copy of Windows Vista Ultimate in the U.S. has been reduced 20% to $320 from $400. The upgrade version of Ultimate has been cut to $220 from $260. The full version of Vista Home Premium falls 19% to $130 from $160, according to Microsoft. Computer users in Europe and emerging markets will see even bigger price cuts. In the U.K., the price for the full version of Vista Home Premium drops 44% to 131.92 pounds from 233.60 pounds. The list price for Home Premium in South Africa will fall 41% to about Rand 1700. Microsoft said Vista price cuts in emerging markets -- where the company faces the most competition from open source software -- will be as high as 48% in some countries.Yet these efforts to entice students and the under-privileged to begin using their products in the face of competition from open source software, Microsoft is gradually waning as a force to be reckoned with.
Microsoft (NSDQ: MSFT) is giving away, free of charge, development software that would normally cost about $3,300, the company announced Tuesday. The effort, called DreamSpark, is aimed at giving jump starts to current high school and college students for their IT careers.
DreamSpark includes Visual Studio 2005 Professional Edition, Visual Studio 2008 Professional Edition, Expression Studio, XNA Game Studio 2.0 with a free yearlong subscription to the XNA Creators Club, SQL Server 2005 Developer Edition and Windows Server 2003 R2 Standard Edition. When Windows Server 2008 is released to MSDN, it will be available to students as well.
Microsoft has announced the departure of several top level executives and has also announced appointment of seven new senior vice presidents and seven new corporate vice presidents .
The changes come just two weeks after Microsoft offered to buy Web portal and search competitor Yahoo Inc. for more than $40 billion.
If the proposed Yahoo takeover is completed, Microsoft is expected to make more radical changes, according to Associated Press (AP) report.
Microsoft proposed a buyout of Yahoo for $44.6 Billion
Bolstered by strong holiday sales and enterprise demand, Microsoft's revenue increased by 30% to $16.37 billion while operating income increased by 87% to $6.48 billion.
Microsoft Live Labs announced today a new technology preview 11 am PST. Volta, an experimental developer toolset, enables developers to build multi-tier web applications by applying familiar techniques and patterns from developing .NET applications. Volta’s declarative tier-splitting enables developers to postpone architectural decisions about distribution until the last possible responsible moment. Also, thanks to a shared programming model across multiple-tiers, Volta enables new end-to-end profiling and testing for higher levels of application performance, robustness, and reliability. Using the declarative tier-splitting, developers can refine architectural decisions based on this profiling data. This saves time and costs associated with manual refactoring. In effect, Volta extends the .NET platform to further enable the development of software+services applications, using existing and familiar tools and techniques.
Despite some worries, Microsoft's video revamped offerings beat out Yahoo's well-established online video service in October. Although Google still has an overwhelming lead with more than 50% of total market share (compare to 8.9% and 8.4% for Microsoft and Yahoo), Microsoft may see increasing momentum.
Microsoft announces net profit of 4.29 billion, a 23% rise in profit, beating estimates on strong demand for PCs and sales of Halo 3. The stock continues to rise on upbeat economic outlook and rate cut from the Fed.
Microsoft (MSFT) announced a minority $240 million investment in social networking company Facebook in late October, valuing the company as high as $15 billion overall. Microsoft already has a deal to provide advertising for Facebook.
The 360 console moved a total of 527,800 units during the month, nearly double the number of units sold in August, according to NPD data. The main factor in growing demand for the console can be largely attributed to "Halo 3," a massively popular first-person shooter game that was released on Sept. 25 and managed to rack up about 3.3 million unit sales by the end of the measuring period on Oct. 6.
The third installment of the popular Halo video game franchise is expected to sell $150 million within its first 24 hours. In comparison, the Spiderman 3 movie raked in about the same amount over the span of an entire weekend. Content is king, and the success of Halo 3 may help spur sales of Xbox game consoles, adding to the fight currently being won by Nintendo's Wii.
Microsoft's aquisition of aQuantive is approved by shareholders.
Microsoft announced a $50 cut in its Xbox video game console ahead of the holiday season and its Halo 3 video game software launch.
A federal judge threw out a $1.5B ruling against Microsoft which had claimed infringement on MP3 technology patents held by Alcatel-Lucent. The companies are also locked in a patent battle around its Xbox console.
Despite the issues surrounding its Windows Vista launch, Microsoft reportes a 7% increase in Q4 profits, bolstered by its stronger than expected sales of Office 2007.
Microsoft announced that it will take a charge this quarter in the range of $1.05B to $1.15B due to complaints about failures for its Xbox 360 video game console. The company also announced a new extended warranty for the hardware. Stock dipped slightly to $29.81 after closing at $29.99
Microsoft announces aquisition of aQuantive for $6 Bn.
Microsoft reports that it will buy Tellme, a California voice recognition company. This will support both Microsoft's voice recognition capabilities in mobile phones and its push for greater market share in internet telephony.
Microsoft's Vista launch was anemic.
Microsoft debuts its new Windows Vista Operating System worldwide. Stocks rise slightly, but the trend is not too pronounced--public reception of Vista is lukewarm.
The European Union announces to Microsoft that it will have a little over a week to comply with restrictions and fines decided on during the 2004 EU antitrust investigations.