With Google jumping headfirst into the mobile phone industry, other big IT companies are — wisely — following suit. CNet news is reporting that Microsoft has purchased Danger, the Palo Alto-based manufacturer of the T-Mobile Sidekick smart phone. In a statement released recently, Microsoft confirmed that Danger had been acquired for an undisclosed amount.
Microsoft Buys “Danger” the Mobile Phone Maker
Recession? What Recession? Online Advertising is Booming
Microsoft’s attempt to buy out Yahoo Inc. for $44.6 billion is a firm testament to the continuing profitability of online advertising. With some economists talking “recession” and the stock market reacting unpredictably over the last few weeks, online advertising continues to show robust growth thanks to companies like Google, Yahoo and Microsoft.
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