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Microsoft reportedly plans to take a cut of used game sales

Xbox One games are installed to the console’s hard drive and registered to users’ Xbox Live accounys. It remains unclear how the system will handle used games and Microsoft has failed to address the issue. According to a report from gaming news website MCV, retailers will be allowed to charge whatever they want for pre-owned Xbox One games, however both Microsoft and publishers will receive a percentage of every sale. Microsoft is looking to take control of the pre-owned market and will reportedly only allow specific retailers that have agreed to its terms to resell games. After a customer sells a game to an approved retailer, it will be registered in Microsoft’s cloud-based system as having been traded-in then it

Samsung reportedly supplying OLED displays for Google Glass

One of the more intriguing stories to follow in recent months has been the relationship between Samsung and several of the big-name tech companies that have relied upon it for components. Apple has made definitive moves away from Samsung and Google has shown some wariness about the company’s overwhelming clout in the Android ecosystem. But any anxieties Google might have about Samsung haven’t been enough to keep the South Korea-based manufacturer out of the loop on Google’s most experimental projects. The Korea Times reports that Google is using Samsung’s OLED displays for the consumer version of Google Glass, a decision that one of the publication’s supply chain sources describes as “a really big thing because it means that Google shares

Yahoo reportedly places bid to buy Hulu stake

Yahoo is apparently determined to show that it can do more than pay $1.1 billion for a bunch of teenage girls’ blogs. Unnamed sources tell Bloomberg that Yahoo has submitted an offer to buy video streaming website Hulu, a sign that the company is still considering ways to counter the enormous video streaming clout that Google now holds with YouTube. Yahoo was interested in buying a majority stake in French video streaming website Dailymotion earlier this year but that deal fell apart after the French government reportedly threatened to block it. In making an official bid for Hulu, Yahoo will be competing with Time Warner Cable, which is considering buying a 33% equity stake in the company. It’s unknown at

Another patent suit bites the dust: Motorola can’t ban Xbox

The good news with patent suits is that even when they’re successful they very rarely result in outright sales bans of popular products. And now Ars Technica reports that yet another attempt to enforce a sales ban has fallen flat on its face, this time Motorola’s attempt to stop sales of Microsoft’s Xbox. According to Ars, Motorola filed suit against Microsoft back in 2010 because its Xbox allegedly infringed upon Motorola patents that detailed technologies for “video transmission and compression as well as Wi-Fi.” Motorola’s quest against the Xbox ended this week, however, when a six-person panel at the International Trade Commission decided to toss out the company’s complaint. A Microsoft spokesperson described the ITC’s decision as “a win for

News Corp. OKs poison pill, buyback before split

LOS ANGELES (AP) — News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the volatile trading period after the split is complete.

Report: Yahoo, pay-TV operators among Hulu bidders

LOS ANGELES (AP) — Online video site Hulu is again up for sale, with Yahoo and pay TV operators DirecTV and Time Warner Cable among the seven bidders, according to a person with direct knowledge of the matter.

Despite upcoming Xbox One launch, Microsoft aims to sell 25 million more Xbox 360s

Microsoft’s newly unveiled Xbox One has gamers excited despite some huge question marks, but Microsoft thinks its current-generation Xbox 360 still has legs. Speaking with Official Xbox Magazine, Microsoft’s senior vice president of Interactive Entertainment Business Yusuf Mehdi said that the company is looking to sell 25 million more Xbox 360 consoled over the next five years. The Xbox 360 recently registered its 28th consecutive month as top-selling console, but sales of the 8-year-old console have slowed significantly in recent quarters. Inevitable price cuts may help Microsoft on its mission, but the company also has a few tricks up its sleeve that will be announced during the annual E3 video game conference next month.

Tiger Global invests $50 million in Automattic's WordPress.com

By Sarah McBride SAN FRANCISCO (Reuters) - Automattic, the company that operates blogging service WordPress.com, announced a $50 million investment from hedge fund and private-equity investor Tiger Global on Friday. The investment comes on the heels of Yahoo's $1.1 billion acquisition of blogging company Tumblr, showing the high prices fast-growing services that targeting Internet users can command. The valuation for Automattic was similar, Fortune reported. A spokeswoman for WordPress declined to comment. WordPress powers the blogs at companies such as CNN. ...

Google to bankroll, build wireless networks across Africa: WSJ

(Reuters) - Google Inc intends to finance, build and help operate wireless networks from sub-Saharan Africa to Southeast Asia, hoping to connect a billion or so people in emerging countries to the Internet, the Wall Street Journal reported on Friday. The Internet search giant - which has for years espoused universal Web access - is employing a patchwork quilt of technologies and holding discussions with regulators from South Africa to Kenya, the WSJ cited people familiar with the strategy as saying. ...

Microsoft and Google partner to bring YouTube app back to Windows Phone

Both Google and Microsoft think it’d be a shame to deny Windows Phone users the glory of Keyboard Cat videos, which is why the two companies have agreed to team up and jointly create a native YouTube app for Microsoft’s mobile platform. The Next Web reports that the companies released a joint statement today saying that they “are working together to update the new YouTube for Windows Phone app to enable compliance with YouTube’s API terms of service, including enabling ads, in the coming weeks.” Once they finish the new app, Microsoft will remove the YouTube app it created from the Windows Phone store. The two companies’ decision to collaborate on a new app comes just a week after Google