Microsoft today announced that they have hired former Yahoo and Google executive Preston McAfee as their new chief economist. Preston, was most recently director of Google strategic technologies and previously Vice President and Research Fellow at Yahoo. In his new role at Microsoft, Preston McAfee will be responsible for leading a team of economists who will work closely with Amy Hood, chief financial officer, and business and engineering groups across the company on developing new business models and metrics, designing marketplaces for advertising and apps, assisting with government relations and policy, and developing an economic strategy for the company. Harry Shum, Executive Vice President, Technology and Research, at Microsoft commented the following on McAfee, This isn’t the first time Preston will be a chief economist. For five years, from 2007 to 2012, Preston was chief economist and research fellow for our search partner, Yahoo!, where he captured our attention by ...

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Microsoft released Bing Apps for Windows 8.0 including News, Finance, Weather, Sports, Maps and Travel last year and they released to two new members of the app family as part of Windows 8.1 Release Preview – Bing Food & Drink and Bing Health & Fitness. As Windows 8.1 was released to public yesterday, Bing team has updated all the Bing Apps and has also released the final versions of Bing Food & Drink and Bing Health & Fitness. They detailed all the new changes and features in each of these app on their blog. Bing Food & Drink:  Learn from the Best We think if you’re going to learn to cook, you should learn from the best. That’s why we’ve enlisted help from world renowned chefs including Tom Colicchio, Wolfgang Puck, Jacques Pepin, Joel Robuchon, Marcus Samuelsson and Vikas Khanna (just to name a few.) We work closely with them to ...

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At FAM held yesterday, Microsoft revealed some new stats regarding its revenue. While tech press is arguing whether Microsoft is a consumer company or an enterprise company, the actual number speaks for itself. Microsoft revealed that 55% of its revenue comes from the Enterprise, 19% from OEMs and 20% from consumer and services. Also they have 5 diverse business groups each contributing revenue significantly except Bing & Online. too often for you by customer segment. But if you look at our business and the makeup of the company today, well over 55 percent of the business is enterprise, and additionally, there’s some OEM business there that belongs in enterprise, but that’s how we count it, and market it. 19 percent is OEM. 20 percent is consumer and online. And a fair piece of the OEM is also consumer and online. And 6 percent is our small and midsize business. And ...

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Microsoft announced a realignment of its organizational structure as part of its transformation to a devices and services company back in July. There are new divisions like Operating Systems group, Application and Services group, and more. But the financial reporting structure will not be same as a operating organizational structure.  Beginning in fiscal year 2014, the Microsoft will report its financial performance based on the five reportable segments described below. Devices and Consumer Devices and Consumer (“D&C”) develops and markets products and services designed to entertain and connect people, increase personal productivity, help people simplify tasks and make more informed decisions online, and help advertisers connect with audiences. D&C revenue is generated from three segments: * D&C Licensing, comprising: Windows, including OEM and other non-volume licensing of the Windows operating system and related software (“Consumer Windows”); non-volume licensing of Microsoft Office for consumers (“Consumer Office”); Windows Phone, including related patent ...

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