The money is technically in Ireland though it is actually residing in Manhattan. Huh?

"In a new device it’s calling the Xbox One, Microsoft has done what Apple has long been rumored to do. It has created a near-perfect living room machine, one that has the potential to finally make it simple for you to watch or play anything you want, from anywhere, very quickly."

Microsoft will unveil the next generation of the Xbox since the 2005 release of the Xbox 360 tomorrow.

Loss of Nook would leave the bookseller looking a lot like Borders (R.I.P.)

A rumored $1 billion deal makes the rounds. If true, the rivalry with Amazon would intensify.

It's not clear if Microsoft is going to use its upcoming release of an update (code-named "Blue") to rescue victory from disaster.

The gaming world is getting increasingly difficult, as games move to mobile devices.

Rather than creating a premium device to rival Apple and Samsung in the developed world, Microsoft plans to rely on partners to mine emerging markets with budget smartphones.

Netflix has decided to dump Microsoft's Silverlight streaming program and will be replacing it with HTML5 video. Microsoft plans to stop support for Silverlight by 2021.

Microsoft announced Tuesday it will officially be launching Windows Azure Infrastructure Services. The program gives users more control and access to a wider range of programs on the Azure cloud platform.