[ Technology Blogs Articles News Reviews ]

 
Google
www Technoclicks.com
Post Tech Blog Article News Reviews

Top Articles

Microsoft Takes a Wallop at MySpace

Posted by iNext - 2006-04-29

Microsoft is entering the social networking market currently led by MySpace.com and Friendster with its own entry, Wallop.

The new company is being spun out from Microsoft IP Ventures, which was formed in 2003 and expanded last year to make Microsoft technologies available to appropriate start-ups for licensing.

Both Microsoft and Cupertino, California-based Bay Partners will provide funding for Wallop but did not specify how much, Microsoft said.

Few Details Available

Microsoft claimed the site, due to launch later this year, will offer users "an entirely new way for consumers to express their individuality online," but did not explain further.

In the process of developing products and services, companies occasionally create technologies that are not central to their core offerings, or that they are willing to share with others.

Such technologies may then be licensed by outside parties to generate additional revenue for the company.

The IP Ventures program also seeks to connect entrepreneurs and venture capitalists with technology, to form individual companies that will utilize the licensed technology.



Related Category :

Microsoft ||

Next ....: Microsoft puts money behind Web strategy talk

:: Previous Articles
:: Microsoft Shares Updated Windows Mobile Timeline
:: Visual Studio 2005 Express Goes Free
:: Microsoft hires CEO of Ask.com to head Web unit

Recent Articles

 


 

Home | | Members | Search | Upadtes | RSS | Tags | Site Map | Tags | Conact

© Technoclicks.com - All rights reserved.