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Microsoft Reaches Licensing Deal with Sharp

Microsoft Corp. (MSFT) reached a licensing agreement with consumer electronics company Sharp Corp. (6753.TO, SHCAY) for technology that eases the transfer of larger files between personal computers and other electronic devices. The agreement covers the use of extended file allocation table--or exFAT--technology in smartphones distributed by Sharp that are based on the Android platform. Terms of the agreement weren't disclosed. Microsoft has similar agreements with other consumer-electronics makers such as Sony Corp. (6758.TO, SNE), Canon Inc. (7751.TO, CAJ) and Sanyo Electric (Taiwan) Co. Ltd. (1614.TW). Microsoft recently reported that it swung to a fiscal fourth-quarter loss as the software giant booked a hefty write-down in its online-services division and deferred revenue related to its Windows 8 upgrade promotion. The company's continued strength in sales of its Office suite of products to corporate customers has helped cushion the company from the impact of slumping personal computer sales. Microsoft shares were up 1.2% at $30.30 in recent trading amid a broad market upturn. Write to Tess Stynes at Tess.Stynes@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Microsoft (MSFT)
DateTimeHeadline
08/23/201613:40:00Sony to Raise Price of PlayStation Plus Service
08/22/201619:00:00Lenovo and Microsoft deepen strategic ties across devices
08/22/201603:03:00HP Prepares Long-Term Wagers -- WSJ
08/21/201623:20:00Sony to Sell Updated Model of Standard PlayStation 4
08/16/201618:12:34Statement of Changes in Beneficial Ownership (4)
08/16/201618:09:22Statement of Changes in Beneficial Ownership (4)
08/16/201614:40:00Intel Shows Off 'Project Alloy' Virtual-Reality Headset
08/15/201612:20:00EU Looks to Level Regulatory Playing Field With Apps, Telecoms
08/15/201603:03:00Workday in Deal to Use IBM's Cloud Services -- WSJ
08/15/201601:20:00Workday Inks Seven-Year Deal to Use IBM Cloud Services
08/15/201600:30:00Workday Inks Seven-Year Deal to Use IBM Cloud Services
08/12/201618:24:00Forty U.S. Companies Sign on to EU Data Protection Agreement--Update
08/12/201618:20:00Forty U.S. Companies Sign on to EU Data Protection Agreement
08/12/201618:07:10Annual Statement of Changes in Beneficial Ownership (5)
08/12/201618:05:36Annual Statement of Changes in Beneficial Ownership (5)
08/12/201613:51:00MARKET SNAPSHOT: Stocks Slip Off Records As A Drop In Miners...
08/12/201613:18:00MARKET SNAPSHOT: Stocks Slip Off Records As A Drop In Miners...
08/12/201612:03:00MARKET SNAPSHOT: Stocks Pare Losses As Energy Stocks Rally
08/11/201618:04:24Statement of Changes in Beneficial Ownership (4)
08/09/201618:15:15Statement of Changes in Beneficial Ownership (4)

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