Updated from Nov. 1
Microsoft(MSFT Quote) has long envied the fat margins being harvested from the Web at Google(GOOG Quote) and Yahoo!(YHOO Quote).
On Tuesday, Bill Gates & Co. took a step toward narrowing the lead. Microsoft unveiled a new family of software products, "Software Live," that the company plans to offer on the Internet either free with advertising, or on a subscription basis. While nominally a software campaign, the success of competitors in search-based Internet advertising -- and Microsoft's inability to date to catch up to them -- is clearly a big driver behind the new offerings.
"We have 10% share of the online ad market today," said Ray Ozzie, the chief technology officer at Microsoft who is leading the company's software-as-services charge. "We fully intend to grow that share." ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,409.61 | 1,103.39 | 2,197.38 | 34.67 |
Oil *
72.46
|
|
UP
72.56
|
UP
7.45
|
UP
13.65
|
UP
0.44
|
10 Yr
3.47%
SPDR Gold
110.82
|
|
+0.70%
|
+0.68%
|
+0.63%
|
+1.29%
|
Data delayed 20 minutes |
Connect with TheStreet