Operating System

Microsoft Gambles It All, On Windows 8,... No More Start Button

Microsoft has been betting big on its new operating system, Windows 8, and the release of its new tablet, the Surface.

Last year Apple sold more iPads than any single PC maker sold in computers, desktops and laptops combined. Microsoft used to dominate the market, with nearly 90% of all devices that connected to the internet running some version of Windows, but that is down sharply with the proliferation of smartphones and tablets.

Microsoft To Launch Windows 8 On Oct 26 Along With Surface Tablet

Save the date... Says Microsoft in an announcement during its recent annual sales meeting that it will indeed be launching its newest Windows 8 operating system on October 26, and its new Surface Tablet will also be launched in conjunction with the event.

Microsoft also said its new Windows Phone 8 will launch on or about Oct 26 also.

Microsoft's Steven Sinofsky, president of Windows also said Windows 8 will work with touch-screen devices, mice, keyboard and styluses too.

Until now, the company had not given any exact dates, instead saying sometime in October.

Record Profits For Microsoft, But Less Profit; Company Says Xbox Still The Best Selling Game Console

Microsoft has posted a record profit of $17.41 billion for the first quarter of 2012, but actual profit was down 2.4% to $5.11 billion with game consoles helping to make ends meet. Despite lower than expected Xbox sales, Microsoft says the Xbox is still the number one selling game console for over a year now.

Sales of PC's and its operating system were down to just above break-even and the company cited tremendous demand for tablets and smartphones as the leading cause.

AOL To Sell 800 Patents To Microsoft For $1.06 Billion

New York

AOL has announced it it selling 800 patents to Microsoft for $1.06 billion, patents include advertising, search, content generation, social networking, mapping, multimedia, and security, plus other "core" technologies. AOL will still have about 300 patents after the sale.

AOL has been limping along as the broadband era surpassed dial-up, something AOL was famously dominate in. Revenue at AOL is just a fraction of what it used to be 10 years ago and the company has been looking for ways to stop the hemorrhaging of money and turn its fortunes around.