Monday, May 8, 2006

Web services top R&D priority

Microsoft plans to double spending on research and development at its MSN Internet unit as the company <A HREF="http://today.reuters.com/news/newsarticle.aspx?type=internetNews&storyid=2006-05-04T183821Z_01_N04314941_RTRUKOC_0_US-MICROSOFT-RD.xml&src=rss">focuses on software services,</A> Chief Executive Steve Ballmer said. The world's largest software maker caught investors off guard last week when it said it would sacrifice billions of dollars in profit next year to invest in new business areas.

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