Microsoft, Icahn offered Yahoo $2.3 bln annual revenue (Reuters)

Reuters - Microsoft Corp and billionaire investor Carl Icahn's joint proposal for Yahoo Inc , which was rejected on Saturday, included $2.3 billion in guaranteed annual revenue from search advertising for five years, people familiar with the matter said on Sunday. Read more…


Microsoft cuts Xbox 360 price, releases new model (Reuters)

13.07.2008 11:00 Computer Security - Source: Yahoo Microsoft

SEATTLE (Reuters) - Microsoft Corp (MSFT.O) cut on Sunday the price of its best-selling Xbox 360 Pro model with a 20 gigabyte hard drive to $299 from $349.

The company also announced in news release a new Xbox 360 model with a 60 gigabyte hard drive, which will go on sale in stores in the U.S. and Canada for $349 in early August.

(Reporting by Daisuke Wakabayashi; Editing by Louise Heavens)

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