Microsoft could give its mobile operating system a boost by subsidizing phones itself, rather than waiting for carriers to do that.
Microsoft’s newest incubator, the Bing Fund, will invest $50,000-$100,000 in early-stage startups, through standard convertible notes. It will also provide mentorship, office space, and more.
Microsoft is preparing to unveil a new investment arm called the Bing Fund. The company hasn’t made an official announcement, but a variety of public statements and job postings paint a preliminary picture.
Hewlett-Packard’s announcement today that it will shut its WebOS operations and spin off its PC business is drawing some ridicule on Twitter. Among the witty cracks is a comment from Michael Dell, the chief executive of Dell, who wrote, “If HP spins off their PC business, maybe they will call it Compaq?”