Microsoft has put its talks with media companies about an online subscription service for TV shows and movies on hold, according to people familiar with the discussions. The company had been in intense talks with potential programming partners for over a year and was hoping to roll out the service in the next few months. But it pulled back after deciding that the licensing costs were too high for the business model Microsoft envisaged, the sources said. Microsoft is still working to distribute TV shows over the Web, focusing on delivering programming via its Xbox gaming system to existing cable subscribers.
Groupon called off an IPO roadshow slated for next week because of market volatility, the Wall Street Journal reported. The Internet coupons site is reassessing the timing for an offering on a week-by-week basis, the newspaper added, citing an unidentified source. Some on Wall Street have questioned Groupon’s financial disclosures, while others are concerned the company’s rapid growth is starting to slow in North America. Groupon CEO Andrew Mason sent a memo to employees recently that was widely reported in the media, in which he blasted critics in the press and on Wall Street.
Michael Dell says — in no uncertain terms — that his company, which shed thousands of jobs over the past few years, is hiring. There’s only one problem: it can’t find enough qualified people.
from Summit Notebook:
It's hard to tell how much anticipation there is out there for Dell's upcoming "Streak" micro-tablet. The No. 3 PC maker's latest foray into a consumer arena that Apple's iPad has essentially helped create is set to hit stores this summer in the United States.
The latest buzz online is that Dell is planning to unveil a tablet PC, possibly using the gala Consumer Electronics Shows in Las Vegas next month for its debut. The details provided by gadget site Pocket-lint are a little bare, but the technology zeitgeist is tablet-obsessed at the moment, so the rumor is raising plenty of eyebrows.
The U.S. computer services industry is back in favor, after a decade of struggling to cut costs and compete with offshore firms from India and elsewhere. At least that would be the obvious conclusion to draw from a recent string of multibillion-dollar deals.
Apple on Thursday unveiled an overhauled environmental Web page and green strategy, complete with some interesting new data. Most notably, the Mac and iPhone maker is now calculating what it calls its entire carbon footprint–including emissions generated by its products. As the company puts it, “what happens when we design them, what happens when we make them, and what happens when you take them home and use them.”