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
07/22/201622:05:00Salesforce Would Have Bid 'Much Higher' for LinkedIn
07/21/201615:50:00Firefox Will Dump Adobe's Flash in August
07/21/201601:10:00Hong Kong Stocks Flirt With Bull Market
07/20/201603:04:00Microsoft Gets Lift From Cloud Gains -- WSJ
07/19/201619:43:00Microsoft Gets Lift From Cloud Gains -- Update
07/19/201617:10:00Microsoft Annual Revenue Falls, but Quarterly Profit Beats Expectations
07/19/201617:02:00Microsoft Annual Revenue Falls, but Quarterly Profit Beats Expectations
07/19/201616:09:00Microsoft Earnings Press Release Available on Investor Relations...
07/19/201616:08:32Current Report Filing (8-k)
07/19/201614:17:00What's Fintech? Nasdaq and KBW Offer an Answer With a New Index
07/18/201619:11:00Xbox One S Hits Stores Aug. 2, But Another Xbox Is On the Way
07/18/201616:24:00Boeing Shifts to Microsoft's Azure Cloud Platform -- Update
07/18/201615:30:00Boeing Shifts to Microsoft's Azure Cloud Platform
07/18/201613:35:00Boeing Shifts to Microsoft's Azure Cloud Platform
07/18/201612:00:00Boeing and Microsoft Reach Agreement to Advance Commercial Aviation...
07/17/201622:30:00Saudi Push for Tech Deals Stirs Silicon Valley Debate
07/16/201603:02:00Tech Firms May Face Foreign Warrants -- WSJ
07/15/201618:40:00Obama Administration Negotiating International Data-Sharing Agreements
07/15/201618:18:00Obama Administration Negotiating International Data-Sharing Agreements
07/15/201618:02:52Initial Statement of Beneficial Ownership (3)

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 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad