Washington Post buys online magazine from Microsoft
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The Washington Post Company announced yesterday its decision to acquire Slate online magazine from Microsoft. The terms of the deal were not announced, although experts project the value to hover in the range between $15 million and $20 million.
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Microsoft Corp. agreed to buy search engine company Fast Search & Transfer ASA for $1.2 billion Tuesday, adding software products that help companies trawl for information on the Internet.
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Blog: The textbook publisher says it signed a pact with Microsoft to develop a new digital education system for school districts.
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Washingtonpost.com harnesses the power of Macs and the latest interactive technologies to deliver the news beyond the headlines and the printed word.
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U.S. software giant Microsoft Corp.   MSFT.O has bought Israeli start-up Gteko, a developer of   technical support products, Israeli newspapers reported on   Wednesday.
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By Kim Hart, Washington Post Staff Writer  Yahoo Inc. and Microsoft Corp. joined forces yesterday on the instant messaging front, allowing users of their systems to communicate with each other and rivaling AOL's messaging system for the top spot.
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WASHINGTON -- Microsoft Corp. sold its popular Slate online magazine Tuesday to The Washington Post Co., a move that makes Slate&#39;s political commentary and quirky feature articles more broadly available across the Internet.
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The latest rumor to sweep the world of high tech claims that Microsoft has its eyes on eBay for a possible buyout. Last week, a report in the New York Post said that Microsoft has engaged in preliminary talks with eBay about acquiring the online auction company and merging it with MSN.
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Microsoft continues to make acquisitions to boost its online services and advertising strategy. Early Wednesday, the company said it snapped up Multimap, a U.K. company that provides online mapping for Europe, North America, and Australia.The companies did not disclose the terms of the deal. Multimap, based in London, will act as a wholly owned subsidiary of Microsoft, and employees will be integrated into the company&#39;s Virtual Earth and Search teams in its Online Services Group (OSG), Microsoft said.Multimap has staff in the United Kingdom, the&#160;United States, and Australia, and Microsoft said it is not sure yet if those employees will stay where they are or move to other offices. The Multimap office in the United Kingdom will remain open and employees will continue business as usual there, the company added.In addition to providing online maps, Multimap also offers location-based services to find local businesses, hotels, and restaurants, as well as business services to provide mapping, proximity searching, routing, aerial images with map overlay, and local information to business Web sites.Microsoft has been looking for ways to boost the value and, thus revenue, of OSG, which oversees MSN and Windows Live. Microsoft hopes to leverage these properties to sell online advertising and generate revenue in this area to compete with Google.Last week, the company said it&#160;purchased Seattle startup WebFives, formerly Vizrea, which provides a Web-based file-sharing service for Internet and mobile video, photos, audio, and blogs. Microsoft also made its largest acquisition to date to boost the revenue of OSG with its&#160;purchase of aQuantive digital advertising and marketing services firm for $6 billion&#160;earlier this year.In addition to making acquisitions, Microsoft also has been partnering with online content and service providers to offer online advertising. On Monday, the company announced a deal to be the&#160;exclusive provider of display and contextual advertising for CNBC.com, a deal similar to ones it already has&#160;in place with Facebook globally&#160;and&#160;Digg in the United States.All of these efforts are part of a now two-year push to add services and content for its online brands to boost the revenue of its Online Services Business segment. To date, Wall Street analysts have said they are unimpressed by the growth of this segment, and Microsoft&#39;s moves seem to be evidence the company is getting that message loud and clear.Revenue from online services grew only 8.7 percent from $2.3 million to $2.5 million for Microsoft&#39;s fiscal year 2007, ended June 30. For the company&#39;s first-quarter 2008, during which the aQuantive deal closed, revenue from OSG was better, up 25 percent year over year. But even Microsoft chief financial officer Chris Liddell acknowledged when first-quarter earnings were revealed that Microsoft would like to see more growth from this business segment.
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US software giant Microsoft said on Tuesday it would offer to buy the Norwegian Internet search company Fast Search and Transfer for 1.2 billion dollars (836 million euros).
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Microsoft Corp is in talks to buy up to 5 percent of Facebook in a deal that could value the fast-growing online social network company at $10 billion or more, the Wall Street Journal reported on Monday.
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U.S. software giant Microsoft Corp.   has bought Israeli start-up Gteko, a developer of  technical support products, Israeli newspapers reported on  Wednesday.
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Microsoft Corp  is talking to  Facebook about buying a minority stake in the fast-growing  online social network that could value the company at $10  billion or more, the Wall Street Journal reported on its Web  site on Monday.
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NEW YORK - Microsoft Corp. , lagging behind Google Inc. in the online advertising market, is in talks to purchase a stake of as much as 5 percent in social-networking site Facebook Inc., the Wall Street Journal reported.
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The Washington Post Co. has agreed to sell Post Newsweek Tech Media, its portfolio of technology magazines, to 1105 Media of Chatsworth, Calif., for an undisclosed amount, acknowledging that the business-to-business venture no longer fits the company's strategy.
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Microsoft Corp is talking to Facebook about buying a minority stake in the fast-growing online social network that could value the company at $10 billion or more, the Wall Street Journal reported on its Web site on Monday.
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Dow Jones &amp; Co., publisher of The Wall Street Journal, has agreed to buy online financial news provider MarketWatch Inc. for about $463 million in a bid to boost its revenue from the fast-growing Internet advertising market.