Microsoft (MSFT) Moves to Acquire Its Own VR Technology (FB)
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Microsoft's (MSFT) Office for iPad Goes Live as 'Nadella Era' Takes Shape
March 27, 2014 2:05 PM EDTMicrosoft's (NASDAQ: MSFT) new CEO, Satya Nadella, confirmed the release of Office for iPad at an event today. The app will be available today at the App Store in 29 languages. The apps require an iPad running iOS 7.0 or later. Given the news was widely expected shares sold off slightly (-0.9%).
The app is available as a free download from the App Store, enabling users to read and present documents, spreadsheets and presentations. However, editing will require a subscription to Office 365.
"Microsoft is focused on delivering the cloud for everyone, on... More
Microsoft (MSFT) Expands Cloud Services; Annouces Office for iPad & Apps for iPhone/Android Phones
March 27, 2014 1:48 PM EDTMicrosoft Corp. (Nasdaq: MSFT) on Thursday announced several new and updated applications and services including Microsoft Office for iPad and free Office Mobile apps for iPhone and Android phones. Microsoft also announced the Enterprise Mobility Suite, a comprehensive set of cloud services to help businesses manage corporate data and services on the devices people use at work and at home. In addition, the company announced the upcoming availability of Microsoft Azure Active Directory Premium and enhancements to Windows Intune.
"Microsoft is focused on delivering the cloud for everyone, on every device. It's a... More
Facebook (FB) to Acquire Oculus VR for $2B
March 25, 2014 5:31 PM EDTFacebook (NASDAQ: FB) today announced that it has reached a definitive agreement to acquire Oculus VR, Inc., the leader in immersive virtual reality technology, for a total of approximately $2 billion. This includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing price of the 20 trading days preceding March 21, 2014 of $69.35 per share). The agreement also provides for an additional $300 million earn-out in cash and stock based on the... More
