Friday, November 25, 2011

Microsoft Corporation (NASDAQ:MSFT) Makes Live Streaming Deal

Microsoft Corporation (NASDAQ:MSFT) has teamed up with Comcast and Verizon for
live streaming. Microsoft Corporation (NASDAQ:MSFT) Makes Live Streaming Deal
Bloomberg has reported that Microsoft is adding Verizon and Comcast to the
already existing list of AT&T U-verse, Netflix, Hulu and ESPN as company
partners. Xbox users will soon have one more way to watch TV, as Microsoft
Corporation (NASDAQ:MSFT) is unveiling an Xbox Live interface. The online TV
service will be available through a software update to Microsoft Corporation
(NASDAQ:MSFT)s Xbox firmware. The update will be based on Microsoft Corporation
(NASDAQ:MSFT)s Silverlight application and will include a roster of 40
entertainment providers. Reports say that the Kinect for Xbox 360 will also be
incorporated into the new interface through Bing. Steve Ballmer, Microsoft
Corporation (NASDAQ:MSFT) CEO, said that, "We all know the frustrations of
using guides and menus and controllers, and we think a better way to do all of
this is simply to bring Bing and voice to Xbox". Microsoft Corp. (NASDAQ:MSFT)
stocks were at 24.47 at the end of the last days trading. Theres been a -1.7%
change in the stock price over the past 3 months. Microsoft Corp. (NASDAQ:MSFT)
Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.87
(1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.76 Zacks Rank: 31 out of 89 in the
industry

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