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

Microsoft Breaks From NBC, Launches News Portal

SAN FRANCISCO -- Software giant Microsoft Corp. (MSFT) has parted company with NBC News, pulling out of their joint venture MSNBC to launch its own online news service, NBC News said Sunday. Moving on "allows us to go out and innovate," Bob Visse, general manager of MSN.com, told NBC news, confirming that MSN.com had begun hiring for a new news operation that will launch later this year. "If you start thinking about what we're going to be doing in Windows and the Bing app and what we're going to be doing...across multiple platforms, it makes a lot of sense for Microsoft," he said. "We're talking about using technology and using data to solve information delivery and news delivery in new and innovative ways. It's really difficult for us to do that when we have an exclusive, single-source relationship with one news provider." Under the joint venture, NBC News had been the sole provider of news for MSN.com, which will now be free to forge partnerships with other media organizations. NBC News said it would continue to provide news for MSN.com and would continue to sell the rebranded NBCNews.com's advertising inventory for an undisclosed period to minimize the disruption in ad revenue. The deal means NBC effectively buys Microsoft's 50% stake in the MSNBC. No details of the financial arrangement were provided. Anyone opening up the MSNBC.com website is now automatically redirected to NBCNews.com.

Stock News for Microsoft (MSFT)
DateTimeHeadline
03/03/201519:15:47GameStop Raises Annual Dividend by 9%
03/02/201517:13:44Nasdaq Composite Ends Above 5000 for First Time Since Dot-Com...
03/02/201515:28:08Microsoft Plays Waiting Game in Smartphone Race -- Update
03/02/201511:44:34Microsoft Plays Waiting Game in Smartphone Race
03/01/201520:39:28Actavis Readies Big Bond Deal
02/27/201515:02:34Obama Aides Break Tradition in Career Path After White House...
02/26/201514:30:23Microsoft Closing Two Handset Plants in China
02/24/201517:04:08WebMD Profit Rises on Higher Advertising Revenue
02/23/201517:04:20U.S. Stocks Decline, Mirroring Oil's Resumed Drop
02/19/201522:59:44Hillary Clinton's Complex Corporate Ties

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