Microsoft Trolling for New Acquisitions
NewShinyCD writes "Sources tell Valleywag that startup Ustream.tv is in advanced discussions with Microsoft to acquire the lifecasting service for more than $50 million, but there are other companies in the bidding as well. Ustream is currently raising a very large initial round of VC financing, and Microsoft is attempting to grab them prefunding for a cheap price. Our tipster also mentions that Microsoft would use Ustream as a way to promote its Adobe Flash competitor, Silverlight." Relatedly, Microsoft has also announced their intent to buy Sidekick maker Danger. Financial details of the Danger buyout were not disclosed.
Bwuahahahahahah! Whatever you're smoking... I want some! Microsoft innovate? Puhleeze. They wouldn't know what innovation is if it fucked them in the ass. By their very nature they are incapable of innovating. They are in fact "anti innovation". Even if they bought Apple they wouldn't know how to innovate anything.