SBC, Microsoft in $400 Million Deal
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SBC Communications Inc., the second-largest local phone company in the United States, said Wednesday it signed a 10-year, $400 million agreement with Microsoft Corp. to provide next-generation television services using Microsoft's TV Internet protocol television edition software platform.
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San Antonio-based SBC Communications Inc. (NYSE: SBC) has developed a new IP-based service Monday that will allow customers to combine their wireline and wireless voice mailboxes, e-mail accounts and faxes.
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SBC Communications SBC.N will pay  Microsoft Corp. MSFT.O at least $400 million over 10 years  for technology to help SBC sell video services over its  upgraded broadband lines, the companies said Wednesday.
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The Financial Times reported yesterday that Microsoft paid the Computer and Communications Industry Association $19.75 million earlier this month to settle an antitrust suit, and that the association&#39;s top official received $9.75 million of that amount.
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SBC and Microsoft strike a $400 million deal to provide internet TV.   Also: Gates agrees to computer charity work in developing countries & hellip;.  Japan gives us surround-sound cell phones & hellip;. and more.
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Facebook will sell a $240 million minority stake to Microsoft, which as part of the deal will also expand the advertising services it provides to the social networking phenom, the companies said Wednesday in a statement.The size of the ownership stake Microsoft will take during Facebook&#39;s next round of financing puts Facebook&#39;s valuation at a whopping $15 billion.&#160;Google had reportedly been courting Facebook as well.In addition to the ownership piece, Microsoft will also extend its existing agreement to provide banner ads to Facebook in the U.S. With this deal, Microsoft will become Facebook&#39;s exclusive third-party ad platform as well as provide Facebook ads internationally.Facebook will likely devote the cash influx from its next financing round to bankroll the torrid growth it is expecting in the coming 12 months in usage and headcount.With about 300 employees now, Facebook expects to have about 700 a year from now, its CEO and co-founder Mark Zuckerberg said last week at the&#160;Web 2.0 Summit.Meanwhile, the site is growing its usage at breakneck speed with about 250,000 new users registering every day.Founded in 2004, it currently has about 49 million active users today, up from 12 million in December. More than half of its active members return to the site daily. Some 59 percent of its users are outside the U.S.Earlier Wednesday, The Wall Street Journal and The New York Post reported that Facebook was in the final stages of making a decision on whether to do this deal with Microsoft or Google.For Microsoft, which hasn&#39;t attained as strong a position in online advertising as it had hoped and lags behind Google, landing this deal could be a major win, as long as Facebook proves to be as attractive an advertising vehicle as expected.The Journal reported later on Wednesday that Facebook expects a profit of about $30 million this year, on revenue of $150 million.Google and Yahoo provide ads for Facebook rival MySpace.Still, questions remain about social networking sites&#39; full potential for advertising, since most of their content is largely unregulated and created by millions of individuals, resulting often in material that is vulgar and objectionable.Facebook plans to share more ideas for revving up its advertising business on Nov. 6, at an event in New York to which it has invited what it calls &quot;its closest advertisers.&quot;&quot;As part of [the event], Facebook executives will discuss new approaches for advertising online,&quot; a Facebook spokeswoman said. &quot;We are not sharing any further details.&quot;Facebook, MySpace, and others are also under close scrutiny from law enforcement agencies in the U.S. and abroad because sexual predators use social-networking sites to stalk and victimize people, in particular minors.The Journal first reported Google&#39;s and Microsoft&#39;s pursuit of the Facebook investment a month ago.
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ATLANTA - BellSouth Corp. and SBC Communications Inc. again are joining forces in an effort to lead the way in Internet-based phone directories, with a planned purchase of www.
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SBC Communications has announced it is finalizing an agreement that will pay each school $530,000 for the naming rights to the annual Michigan-Ohio State season-ending showdown for the next two years.
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SBC Communications Inc. , the second-largest U.S. regional phone company, is in talks to buy AT&T Corp.  for more than &#36;16 billion, The New York Times reported on Thursday, citing executives close to the negotiations.
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SBC Communications has agreed to pay more than &#36;1 million for the naming rights to the Ohio State-Michigan game for the next two years.
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The boards of directors of SBC  Communications Inc. SBC.N and AT&T Corp. T.N met on Sunday  afternoon to vote on a more than $15 billion stock deal in  which SBC will acquire AT&T, according to a source familiar  with the situation.
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In preparation for offering video service, SBC will spend $4 billion to upgrade its network infrastructure from copper to fiber optics.
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SBC Communications Inc. will use a Microsoft Corp. software system to transmit television over high-speed Internet connections like the ones SBC will offer after replacing the local arteries of its copper telephone network with fiber-optic cables.
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SBC Communications Inc., the second-largest local phone company in the United States, said Wednesday it signed a 10-year, &#36;400 million agreement with Microsoft Corp. to provide next-generation television services using Microsoft's TV Internet protocol television edition software platform.
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KANSAS CITY, Mo. -- Customers of Sprint Corp. and SBC Communications Inc. will be able to use both companies&#39; wireless Internet connections with less hassle under a reciprocal deal announced Friday.
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Microsoft agreed yesterday to pay more than $500 million to settle a potential antitrust lawsuit by rival software maker Novell but will likely have to fight another part of Novell&#39;s claim in court.
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SBC Communications Inc. will use a Microsoft Corp. software system to transmit television over high-speed Internet connections like the ones SBC will offer after replacing the local arteries