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Posts Tagged ‘Microsoft’

AOL and Microsoft Make Video Distribution Deal

AOL and Microsoft have struck a deal that will bring the former’s videos to the latter.

According to Recode, Microsoft will now be able to share any AOL video, including original programming — like what you see on HuffPost Live — and videos it distributes for companies like ESPN.

The AOL videos will be featured on MSN.com and Windows and Windows Phone Bing apps.

Microsoft will handle ad sales for the videos, with both companies sharing the ad revenue.

Morning Media Newsfeed: Netflix to Up Prices | NBC Evaluates Gregory | Slate Plus Launches

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Netflix Plans Price Raise as Streaming Subscribers Grow (Reuters)
Video streaming service Netflix Inc. said it intends to raise its subscription price for new customers by $1 or $2 a month to help the company buy more movies and TV shows and improve service for its 48 million global subscribers. WSJ Netflix said the price increase for the $7.99 a month service, the first since 2011, would help pay for its continued investment in original programs, including series such as House of Cards and Orange Is The New Black. Netflix has committed to spend billions of dollars in programming in the past few years as it has grown to become the biggest stand-alone subscription programming service in the U.S., passing some long-standing traditional TV outlets like HBO in terms of subscribers. Mashable Current subscribers would stay at the $7.99 price for a “generous time period,” the company wrote in a statement to investors. “Our current view is to do a one or two dollar increase, depending on the country, later this quarter for new members only,” the company wrote. The news came as Netflix announced that it added 4 million new members in the first quarter of 2014, as the company beat revenue and profit expectations. Variety In after-hours trading Monday, Netflix’s stock climbed as much as 7 percent to $372.05 per share, after closing up 0.8 percent for the day at $348.49. Netflix also said that in the second quarter of 2014, it will launch the first pay-TV integration of its service in the U.S. That’s after lining up deals with European providers including the U.K.’s Virgin Media to provide access to the unlimited streaming-video service through operator-supplied boxes. Deadline New York The company generated $53.1 million in net income in the first quarter of 2014, up from $2.7 million in the same period in 2013, on revenues of $1.27 billion, up 24 percent.

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AOL Sells Microsoft Patents for $1 Billion in Cash

Now this is how you start a week: Aol is selling 800 patents to Microsoft for $1.056 billion in straight cash, homey. Aol is keeping over 300 patents related to advertising, search, content management and more. As part of the deal, Microsoft has a non-exclusive license to those retained patents.

Aol is returning a “significant portion of the sale proceeds” to its shareholders and as of right now, stock is up 42 percent. Quite a nice Monday for Aol.

Microsoft Finds A Chink in Google’s Armor Named News Corp.

bing.jpg Two weeks ago, Rupert Murdoch announced that he would be taking content from his News Corp entities like The Wall Street Journal and The New York Post off of Google’s search engines, ostensibly because the man doesn’t know jack about the Internet and can’t tell the difference between a search engine and an aggregator.

But as last night’s news broke that Microsoft, which just launched its own search engine Bing to compete with Google, is in talks with the Australian mogul in the hopes of paying him to remove his listings from its rival, we have to amend our previous statement. Crazy? Yes. Crazy like a fox.

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Battle of the Twitter Titans? Microsoft and Google Both Express Interest

bktwwtfg.jpgRegardless of the fact Twitter makes no money, and thus far no one has figured out a way to make money from the microblogging service that has saturated the media landscape in the past few months, everyone wants a piece (including Facebook, who recently based their enormously unpopular redesign on Twittery features).

Rumors have been circulating for the last few weeks that Google has been making moves to purchase the site. Now AllThingsD is reporting that Microsoft and Google are both in talks with the company.

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Microsoft Finally Fixing Zune

zune_logo.jpgAt long last, Microsoft will update its Zune players. The company’s answer to the iPod, um, wasn’t — 3.2 million Zunes have been sold in comparison to 200 million of the Apple device — but the computer giant won’t give it up.

Brian Seitz
, Microsoft’s marketing manager, announced the news on his Twitter account. Of course he did.

Microsoft Not Pursuing NYT, Thank You Very Much!

newspaper-stack.jpgMicrosoft does NOT want to buy the New York Times. Got that? Not that the Times is for sale, per se — at least to our knowledge. So perhaps the larger point Steve Ballmer was trying to make outside the McGraw-Hill building yesterday is that Microsoft has no interest in investing in what newspapers have to offer (even as newspapers are trying to figure out for themselves what exactly it is they have to offer).

It’s no secret Microsoft is trying to overhaul its approach to the Internet — not to mention sort out its on-again, off-again relationship with Yahoo. So, what does that overhaul include if not the NYT? ZDNet reports that they company is “working on a ‘set change’ in how it approaches search on the Internet, code-named Kumo.com. Exclusive high-quality news, behind a registration or pay wall, could distinguish either a refashioned search business or its Web portal.” Whether this includes Yahoo is unclear, what it won’t include, apparently is newspapers no matter how cheap their share price is.

EXCLUSIVE: Yahoo! To Lay Off 1,500 In California on Wednesday; 200 In L.A.

jerryyang.jpgYahoo!, via an email from departing CEO Jerry Yang, told its California employees that on Wednesday, as many as 1,500 employees will be tossed, inside sources confided to FBLA.

yahoosign.jpgNo details were available regarding the email, but one employee who read it said Yang talked about the need to make cutbacks. This was in keeping with his statement in mid-November that Yahoo! would have to layoff as much as 10% of its global workforce. He targeted Dec. 10 as D-Day for these employees.

In her technology blog All Things Digital, Kara Swisher said Yang had told her in October that layoffs were a distinct possibility and described them as “consolidation and organizational corrections.”

“We’re asking ourselves — should we sell it or should we shut it down?” Yang said. “That is the kind of comprehensive look we are doing across the company.”

The layoffs, which could ultimately number as high as 2,000, are generally across the board, but human resources will likely take the biggest hit because their expenses are cost-based and most of their costs are staff.

Swisher said employees will be told Wednesday, but FBLA sources saw the email on Monday afternoon. Staff is supposedly allowing for a “normal seperation period,” but that could mean that employees will have to exit within a few hours of being told.

Swisher’s sources said Yahoo executives are not expecting any serious problems like extremely upset employees because the layoffs have been long in coming. Security will be present, however, at its Sunnyvale headquarters and presumably in Los Angeles.

Most employees do not know if they will be let go yet, Swisher maintained, because the cuts have not yet been made public.

Yahoo! is playing it close to the vest because entire projects might be eliminated and the secrecy allows time to restructure further if necessary.

Swisher conjectures that rumors have surfaced of whole divisions being juggled among the bigger managers presumably to stake out territory before a new CEO is installed.

Meanwhile, Yang has not officially left his slot, though he said last month that he was planning on leaving.

Yahoo’s Jerry Yang Steps Down as CEO

JerryYang.jpgLooks like at least one chapter of the long Yahoo soap opera has drawn to a close. Jerry Yang, who co-founded Yahoo back in 1995 announced yesterday that he was stepping down from his position as CEO. The move comes after many, many months of wrangling, proxy battling, and failed takeover and merger attempts — most notably Yang turned down a unsolicited offer of $31 a share in cash and stock from Microsoft — and more recently a failed move to strike a search-advertising partnership with Google.

Yang took over as CEO in June of 2007 amidst “high hopes” but quickly became the object of shareholder frustration and criticism after turning down the Microsoft offer amidst plummeting stock shares. Proxy battler Carl Icahn had promised to replace Yang if he was successful in his bid this past spring, but in the end the two managed to strike a truce, which kept Yang in is position. That said, apparently Yang has been considering stepping down for months. Wired says Yang is “out of the company he cofounded looking anything but a visionary, but instead as yet another high tech entrepreneur…who didn’t realized that time had passed him by.” On the upside Yang’s return to a figurehead position (Chief Yahoo) may pave the way for another deal with Microsoft. As for who might fill Yang’s shoes?

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Icahn Forsakes Yahoo Shareholder’s High Noon Throwdown

highnoon.gifThis is no fun at all. After months of stirring up trouble and headlines (and blog posts) proxy battler Carl Icahn will not be attending the Yahoo‘s long anticipated annual shareholders meeting today. Per Icahn’s blog:

I will not be attending. The proxy fight is over and it will not do shareholders or Yahoo any good to have the annual meeting turn into a media event for no purpose.
Ha! As if media events need a purpose, this is an election year after all. Ichan goes on to say that the reason he’s been on the DL these past two weeks is because he saw the writing on the wall and decided there was “no point in spending the final two weeks in a debilitating fight.”

Anyway, the end result is that Yahoo head Jerry Yang will be flying solo today when he faces shareholders, though with Icahn’s absence and a zero deal with Microsoft the mood feels a tiny bit more conciliatory than it did a few months ago, and certainly (sadly for us, we admit) will result in less fireworks. That’s not to say Yahoo doesn’t face a uphill battle, stock prices plunged after Yang turned down the Microsoft deal back in May, and have yet to recover.

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