ADVFN - Advanced Financial Network.
HOME» NASDAQ » M » MSFT Stock Price » MSFT Stock News

Microsoft Share News

 Microsoft (mm) Stock Price
MSFT Stock Price
 Microsoft (mm) Stock Chart
MSFT Stock Chart
 Microsoft (mm) Stock News
MSFT Stock News
 Microsoft (mm) Company Information
MSFT Company Information
 Microsoft (mm) Stock Trades
MSFT Stock Trades

US Software Group Head Sees China's Anti-Piracy Pledges As Band-Aid

--USTR notes modest pickup in sales to the Chinese government, which completed a software legalization effort last May --USTR notes little improvement in state-owned enterprise sector By Tom Barkley Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The head of a software industry group said Friday that China's latest pledge to expand its anti-piracy campaign to state-owned enterprises won't work unless steps are made to improve transparency. Robert Holleyman, president and chief executive of the Business Software Alliance, welcomed commitments Beijing made to U.S. officials during last week's high-level talks, but said it will likely end up just putting a "Band-Aid" on the problem of rampant software piracy. "I think what the [Obama] administration is trying to get is absolutely on the right track. But it will yield little to no results in new legal sales unless the state-owned enterprises have adopted worldwide practices around managing their software," said Holleyman, whose trade group includes tech giants like Apple Inc. (AAPL) and Microsoft Corp. (MSFT), in an interview. The Obama administration has made software piracy and other intellectual property issues a top trade concern with Beijing, seeing the fact that nearly four out of five programs installed in China are unlicensed as not just an issue for U.S. software makers, but the overall competitiveness of the U.S. economy. In announcing last month that China once again made its watch list of the most egregious violators of intellectual property rights, the U.S. Trade Representative's office said the high piracy rate among state-owned enterprises in China are particularly troublesome because it provides those firms "an unfair trade advantage." USTR noted a modest pickup in sales to the Chinese government, which completed a software legalization effort last May, but little improvement in the state-owned enterprise sector that accounts for more than a quarter of the country's industrial output. Seeking to build on the modest progress made to promote legal software use at the government level, U.S. officials secured a commitment during the annual Strategic and Economic Dialogue last week for China to expand a pilot project focusing on enterprises more broadly. Holleyman said even if the enterprise initiative proves half successful, it could provide a significant boost in software sales and set an important precedent for companies throughout China. But given that China has so far showed little interest in adopting globally accepted best practices in software asset management--or even provided much transparency in its legalization drive--"it's most likely to be a Band-Aid rather than the type of true correction we need," he said. -By Tom Barkley, Dow Jones Newswires; 202-862-9275; tom.barkley@dowjones.com

Stock News for Microsoft (MSFT)
DateTimeHeadline
11/20/201417:23:05TECH STOCKS: Apple Leads The Tech Sector Higher
11/20/201417:16:35GameStop's Earnings, Holiday-Quarter Forecast Disappoint
11/20/201413:38:21Orange CEO Open to Selling Controlling Stake in Dailymotion
11/20/201412:50:45TECH STOCKS: Apple Gains Help Tech Sector Rise
11/18/201422:04:06Senate Fails to Advance NSA Data Collection Overhaul Legislation...
11/18/201421:43:11Proxy Adviser ISS Recommends Rejection of Microsoft CEO Pay Package
11/18/201406:20:04Nokia Returns to Consumer Market With Android Tablet
11/16/201416:02:20The Web Is Dying; Apps Are Killing It
11/12/201417:09:28TECH STOCKS: Weak Tech Action Ahead Of Cisco's Earnings
11/07/201416:27:21TECH STOCKS: Zynga Gains In Mildly Upbeat Tech Session
11/07/201411:28:53TECH STOCKS: Zynga Zooms Higher As Tech Mostly Struggles
11/06/201420:30:33Home Depot Hack Exposed 53 Million Email Addresses
11/06/201416:10:30Review: Microsoft Office, Now Free on Mobile, Still Out of Sync...
11/04/201411:14:19Bill Gates' $578 Million Planned Microsoft Stock Sale -- Barron's
11/03/201415:08:47Byron Wien: Slow Growth Good for Stock Market -- Barron's
10/30/201406:29:52InTrade Founders Launch New Forum for Political Predictions
10/29/201417:50:06Take-Two Raises Outlook on Strong Sales of New Titles
10/29/201413:30:13Correction On Oct. 20 Story About Microsoft CEO's Pay
10/28/201417:14:18Popular Software Gives Hackers Easy Targets, DOD Official Says
10/24/201417:15:27MARKET SNAPSHOT: S&P 500 Posts Biggest Weekly Gain Of 2014

Microsoft and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad