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BUSINESS
February 10, 2006 | From Bloomberg News
Microsoft Corp. said it would spend $1 billion expanding its main campus to make room for staff for new projects. The company said it would buy seven buildings in Redmond, Wash., and construct seven others, adding 3.1 million square feet of work space. Between those additions and some leased space, Microsoft will add capacity for 12,000 people. Microsoft plans to boost its workforce by as much as 5,000 worldwide this year, with about 40% of the hiring in the U.S., it said.
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BUSINESS
July 18, 2006 | From Reuters
Microsoft Corp. said it would report its financial performance starting in the 2007 business year based on five businesses, down from seven operating divisions. The software maker, which has $40 billion in annual revenue, said the change reflected a broad reorganization into three divisions, with the goal of making the company more nimble to compete with a diverse set of rivals, including Google Inc. and Oracle Corp.
BUSINESS
March 22, 2006 | From Reuters
Microsoft Corp. said that it planned to soon double or triple shipments of its Xbox 360 video game console to address shortages that have crimped game sales across the industry. The announcement came a week after rival Sony Corp. announced that it would delay the launch of its much-anticipated PlayStation 3 until November to finalize standards for the Blue-ray disc drive, a next-generation DVD player that will be included in PS3.
BUSINESS
October 25, 2006 | From Reuters
Microsoft Corp. said it would defer about $1.5 billion in revenue from its current fiscal second quarter to its third quarter to account for its upgrade plan and pre-shipments of its upcoming Windows Vista operating system and Office 2007 software suite. The company said it would begin a coupon program for personal computer buyers to upgrade to Vista when it premieres next year in an effort to avoid a drop-off in PC sales over the holidays and ahead of the software's release.
BUSINESS
September 4, 2002 | Bloomberg News
Microsoft Corp. hired a unit of Taiwan's Acer Inc. to make the Xbox video game console, seeking to cut costs and close the gap with market leaders Sony Corp. and Nintendo Co. Wistron Corp., the manufacturing arm of computer maker Acer, will make the console in its plant in Zhongshan, China, by the end of the year. Slack demand for the Xbox prompted the world's biggest software maker to drop prices in Europe for the second time last week.
BUSINESS
August 13, 2004 | From Associated Press
The European judge deciding whether to suspend European Union sanctions against Microsoft Corp. has told the company to provide more evidence to back up its contention that its intellectual property rights would be under threat if it were forced to divulge information on its server systems, a source close to the case said. The request was made by Bo Vesterdorf, president of the Luxembourg-based European Court of First Instance, the source said, according to a report in the Financial Times.
BUSINESS
February 26, 2004 | From Reuters
Japan's Fair Trade Commission said it was investigating the Japanese unit of Microsoft Corp. on suspicion of violating antitrust laws. The commission said it believed Microsoft imposed unfair conditions on computer makers wanting to license its Windows XP operating system software. A Microsoft spokeswoman confirmed that representatives of the fair-trade body were at its headquarters but said she had no further details. The investigation is only the latest for Redmond, Wash.
BUSINESS
July 31, 2004 | From Reuters
Microsoft Corp. issued a widely expected patch for its Internet Explorer browser, which was known to have a flaw that would let hackers take control of computers and distribute malicious software code. The security warning, which Microsoft rated as critical, was issued as an extra bulletin ahead of its regular monthly security bulletin because of the serious risk to computers, the world's largest software maker said. Shares of Microsoft, based in Redmond, Wash., rose 1 cent to $28.49 on Nasdaq.
BUSINESS
May 21, 2004 | From Bloomberg News
A federal judge ordered Microsoft Corp. to search a company computer to help explain why Vice President James E. Allchin told employees in 2000 to eliminate e-mails. U.S. District Judge J. Frederick Motz in Baltimore issued the order in an antitrust and patent suit by Burst.com Inc., which has accused Microsoft of stealing its technology for broadcasting sound and video over the Internet at high speeds. Burst.
BUSINESS
August 29, 2003 | From Bloomberg News
Microsoft Corp., which this month was found to have infringed a patented method for viewing Internet pages, will make changes to its Web browser software, according to the World Wide Web Consortium trade group. The consortium said the company would make changes "very soon" to its Internet Explorer program that "may affect a large number of existing Web pages." Microsoft spokesman Jim Desler said the company "may take precautionary steps in response to the ruling."
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