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  OS Technical Updates [Page: 9 of 262] @ TACKtech Corp.  

09.13.2013 - MS13-067 - Critical : Vulnerabilities in Microsoft SharePoint Server Could Allow Remote Code Execution (2834052) - Version: 1.2



View Microsoft related news. Severity Rating: Critical
Revision Note: V1.2 (September 13, 2013): Revised bulletin to announce a detection change for the Excel Services on Microsoft SharePoint Server 2007 update (2760589). This is a detection change only. There were no changes to the update files. Customers who have successfully installed the update do not need to take any action.
Summary: This security update resolves one publicly disclosed vulnerability and nine privately reported vulnerabilities in Microsoft Office Server software. The most severe vulnerability could allow remote code execution in the context of the W3WP service account if an attacker sends specially crafted content to the affected server.
Full View / NID: 45816 / Submitted by: The Zilla of Zuron

09.13.2013 - MS13-072 - Important : Vulnerabilities in Microsoft Office Could Allow Remote Code Execution (2845537) - Version: 1.1



View Microsoft related news. Severity Rating: Important
Revision Note: V1.1 (September 13, 2013): Revised bulletin to announce detection changes for the Microsoft Office 2007 update (2760411) and the Microsoft Word 2010 update (2767913). These are detection changes only. There were no changes to the update files. Customers who have successfully installed the updates do not need to take any action. Also updated the Known Issues entry in the Knowledge Base Article section from "Yes" to "None".
Summary: This security update resolves 13 privately reported vulnerabilities in Microsoft Office. The most severe vulnerabilities could allow remote code execution if a specially crafted file is opened in an affected version of Microsoft Office software. An attacker who successfully exploited the most severe vulnerabilities could gain the same user rights as the current user. Users whose accounts are configured to have fewer user rights on the system could be less impacted than users who operate with administrative user rights.
Full View / NID: 45815 / Submitted by: The Zilla of Zuron

09.13.2013 - MS13-074 - Important : Vulnerabilities in Microsoft Access Could Allow Remote Code Execution (2848637) - Version: 1.1



View Microsoft related news. Severity Rating: Important
Revision Note: V1.1 (September 13, 2013): Revised bulletin to announce a detection change for the Microsoft Access 2013 (64-bit editions) update (2810009). This is a detection change only. There were no changes to the update files. Customers who have successfully installed the update do not need to take any action.
Summary: This security update resolves three privately reported vulnerabilities in Microsoft Office. The vulnerabilities could allow remote code execution if a user opens a specially crafted Access file with an affected version of Microsoft Access. An attacker who successfully exploited the vulnerabilities could gain the same user rights as the current user. Users whose accounts are configured to have fewer user rights on the system could be less impacted than users who operate with administrative user rights.
Full View / NID: 45814 / Submitted by: The Zilla of Zuron

09.13.2013 - New version of Microsoft PlayReady extends innovation across platforms



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AMSTERDAM — Sept. 13, 2013 — At the International Broadcasters Conference (IBC) today, Microsoft Corp. announced a host of new features to be included in the next version of its digital rights management system, PlayReady, when it is released later this year. This new version of PlayReady will support industry standards including HTML5, Encrypted Media Extensions (EME) and the MPEG-DASH streaming format as well as provide software development kits (SDKs) for iOS and Android.

“Microsoft is committed to enabling premium content without plug-ins in the browser using HTML5 EME and MPEG-DASH. Beginning with Windows 8.1, we have taken the lead in driving its adoption” said Hayete Gallot, Senior director for Microsoft’s PlayReady business. “We are working with companies across the content delivery spectrum to ensure that consumers can access premium content inside or outside the home on whichever device or service they choose.”

In addition, Microsoft will accelerate the adoption of PlayReady and HTML5 EME on devices such as mobile phones, set-top boxes and smart TVs by providing a reference implementation for integrating PlayReady into next-generation browsers on those devices. The reference implementation will shorten development times and reduce complexity for ecosystem partners while enabling service providers to offer premium video directly through a viewer’s browser without plug-ins on connected devices.

With the commercial availability of PlayReady SDKs from Microsoft for iOS and Android, companies across the ecosystem will get an easy, trusted way to extend the reach of their video services to iOS and Android devices.

At IBC this week, other major providers have announced their own support and integration with PlayReady for MPEG-DASH and first-party SDKs, including industry-leading streaming media providers Envivio Inc. and Wowza Media Systems LLC. Berlin-based systems integrator Fraunhofer FOKUS has also announced availability of a reference implementation of a Content Decryption Module interface for PlayReady to deliver on the promise of HTML5.

More information on Envivio’s announcement can be found at http://www.envivio.com/en/newsandevents/archives/envivio-press-releases/menu-id-113.html.

More information on Wowza’s announcement can be found at http://www.wowza.com/news/category/events.

Microsoft will be demonstrating the new features of PlayReady in the Microsoft booth MS 1 Hall 13 this week at IBC. More details and specifications on PlayReady and its support for MPEG-DASH and HTML5 can be found in Microsoft’s new white paper at http://www.microsoft.com/playready.

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at http://www.microsoft.com/news. Web links, telephone numbers and titles were correct at time of publication, but may have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/news/contactpr.mspx.

Full View / NID: 45809 / Submitted by: The Zilla of Zuron

09.11.2013 - MS13-067 - Critical : Vulnerabilities in Microsoft SharePoint Server Could Allow Remote Code Execution (2834052) - Version: 1.1



View Microsoft related news. Severity Rating: Critical
Revision Note: V1.1 (September 11, 2013): Removed the workaround, Enable viewstate MAC on sites where it is not already enabled, for CVE-2013-1330.
Summary: This security update resolves one publicly disclosed vulnerability and nine privately reported vulnerabilities in Microsoft Office Server software. The most severe vulnerability could allow remote code execution in the context of the W3WP service account if an attacker sends specially crafted content to the affected server.
Full View / NID: 45800 / Submitted by: The Zilla of Zuron

09.11.2013 - MS13-077 - Important : Vulnerability in Windows Service Control Manager Could Allow Elevation of Privilege (2872339) - Version: 1.1



View Microsoft related news. Severity Rating: Important
Revision Note: V1.1 (September 11, 2013): Updated the Known Issues entry in the Knowledge Base Article section from "None" to "Yes".
Summary: This security update resolves a privately reported vulnerability in Microsoft Windows. The vulnerability could allow elevation of privilege if an attacker convinces an authenticated user to execute a specially crafted application. To exploit this vulnerability, an attacker either must have valid logon credentials and be able to log on locally or must convince a user to run the attacker's specially crafted application.
Full View / NID: 45799 / Submitted by: The Zilla of Zuron

09.10.2013 - MS13-075 - Important : Vulnerability in Microsoft Office IME (Chinese) Could Allow Elevation of Privilege (2878687) - Version: 1.0



View Microsoft related news. Severity Rating: Important
Revision Note: V1.0 (September 10, 2013): Bulletin published.
Summary: This security update resolves a privately reported vulnerability in Microsoft Office IME (Chinese). The vulnerability could allow elevation of privilege if a logged on attacker launches Internet Explorer from the toolbar in Microsoft Pinyin IME for Simplified Chinese. An attacker who successfully exploited this vulnerability could run arbitrary code in kernel mode. An attacker could then install programs; view, change, or delete data; or create new accounts with full administrative rights. Only implementations of Microsoft Pinyin IME 2010 are affected by this vulnerability. Other versions of Simplified Chinese IME and other implementations of IME are not affected.
Full View / NID: 45790 / Submitted by: The Zilla of Zuron

09.10.2013 - MS13-076 - Important : Vulnerabilities in Kernel-Mode Drivers Could Allow Elevation of Privilege (2876315) - Version: 1.0



View Microsoft related news. Severity Rating: Important
Revision Note: V1.0 (September 10, 2013): Bulletin published.
Summary: This security update resolves seven privately reported vulnerabilities in Microsoft Windows. The vulnerabilities could allow elevation of privilege if an attacker logs on to the system and runs a specially crafted application. An attacker must have valid logon credentials and be able to log on locally to exploit these vulnerabilities.
Full View / NID: 45789 / Submitted by: The Zilla of Zuron

09.10.2013 - MS13-077 - Important : Vulnerability in Windows Service Control Manager Could Allow Elevation of Privilege (2872339) - Version: 1.0



View Microsoft related news. Severity Rating: Important
Revision Note: V1.0 (September 10, 2013): Bulletin published.
Summary: This security update resolves a privately reported vulnerability in Microsoft Windows. The vulnerability could allow elevation of privilege if an attacker convinces an authenticated user to execute a specially crafted application. To exploit this vulnerability, an attacker either must have valid logon credentials and be able to log on locally or must convince a user to run the attacker's specially crafted application.
Full View / NID: 45788 / Submitted by: The Zilla of Zuron

09.10.2013 - MS13-078 - Important : Vulnerability in FrontPage Could Allow Information Disclosure (2825621) - Version: 1.0



View Microsoft related news. Severity Rating: Important
Revision Note: V1.0 (September 10, 2013): Bulletin published.
Summary: This security update resolves a privately reported vulnerability in Microsoft FrontPage. The vulnerability could allow information disclosure if a user opens a specially crafted FrontPage document. The vulnerability cannot be exploited automatically; for an attack to be successful a user must be convinced to open the specially crafted document.
Full View / NID: 45787 / Submitted by: The Zilla of Zuron

09.10.2013 - MS13-079 - Important : Vulnerability in Active Directory Could Allow Denial of Service (2853587) - Version: 1.0



View Microsoft related news. Severity Rating: Important
Revision Note: V1.0 (September 10, 2013): Bulletin published.
Summary: This security update resolves a privately reported vulnerability in Active Directory. The vulnerability could allow denial of service if an attacker sends a specially crafted query to the Lightweight Directory Access Protocol (LDAP) service.
Full View / NID: 45786 / Submitted by: The Zilla of Zuron

09.10.2013 - Microsoft launches worldwide Office 365 donation program for nonprofits



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REDMOND , W ash. Sept . 10 , 201 3 Microsoft Corp. on Wednesday announced the global availability of Office 365 for Nonprofits for qualifying nonprofits and nongovernmental organizations (NGOs) through its software donation program. The donation is available immediately in 41 countries around the world and for up to 90 countries by July 2014.

“Today we are donating to nonprofits and NGOs access to Microsoft’s best-in-class cloud-based productivity and collaboration tools, enabling them to spend fewer resources and time on IT and focus on their missions addressing global issues, such as disease eradication, education and literacy, and environmental sustainability,” said Jean-Philippe Courtois, president, Microsoft International. “Nonprofits operate in the same way as any other organization or business; however, many lack the resources to implement the latest technology. The donation of Office 365 allows them to be more effective and efficient in the work they do.”

In a study by Microsoft’s software donation partner TechSoup Global, nonprofits reported that the top four advantages of cloud computing are easier IT administration (79 percent), cost savings (62 percent), improved collaboration (61 percent) and data security (54 percent).

“In many of the countries served by the International Federation of Red Cross and Red Crescent Societies (IFRC), connectivity can be unreliable and equipment disproportionately expensive. Our Digital Divide Initiative aims to build professional capacity across our global network and help Red Cross Red Crescent National Societies that work in challenging environments to introduce technologies, such as cloud-based email servers, that are suited to their needs,” said Edward Happ, global chief information officer, IFRC. “Building on this, we’ve made available Office 365 as our cloud-based solution. The technology just works; it helps people do what they need to do. This means that the time and energy of the National Society is devoted to helping the vulnerable, not to managing its IT systems. It makes a real difference to humanitarian delivery at minimum cost.”

Office 365 for Nonprofits provides nonprofits and NGOs with access to Microsoft’s always up-to-date Office cloud service, tailored to the needs of nonprofits through the following benefits:

  • Ability to access information from virtually anywhere. Office 365 for Nonprofits increases an organization’s ability to work from virtually anywhere with access to documents and files from Office applications optimized for use across PCs, smartphones and tablets.

  • Easy collaboration. Nonprofits are able to work together easily across an organization by using familiar Office applications with email, shared calendar, document sharing and videoconferencing.

  • Easy IT implementation. Office 365 for Nonprofits includes access to easy-to-use administrative controls and the ability to install Office without uninstalling previous versions.

  • Reliability and up-to-date technology. Office 365 for Nonprofits allows organizations to spend less time on IT maintenance, while providing access to always up-to-date technology that is simple and easy to use. And Office 365 for Nonprofits is backed by industry-leading security features and a 99.9 percent financially backed uptime guarantee.

“Microsoft has a long-standing history of philanthropy, providing nonprofits with software donations and cash grants for the past 30 years,” said Lori Harnick, general manager, Citizenship and Public Affairs, Microsoft. “Office 365 for Nonprofits is a new, critical investment Microsoft is making in the global nonprofit community so nonprofits can streamline their IT and focus on doing more good.”

Microsoft’s donation of Office 365 for Nonprofits is part of the company’s 30-year history of community support. In fiscal year 2013 alone, Microsoft donated $795 million (fair market value) in cash, software and services to 70,286 nonprofits in more than 115 countries around the world.

Nonprofits and NGOs interested in implementing Microsoft Office 365 can check eligibility and order donations at http://www.microsoft.com/office365nonprofits. Migration information and resources can be found at http://fasttrack.office.com.

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at http://www.microsoft.com/news. Web links, telephone numbers and titles were correct at time of publication, but may have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/news/contactpr.mspx.

Full View / NID: 45783 / Submitted by: The Zilla of Zuron

09.09.2013 - Microsoft launches Xbox Music across iOS and Android, adds free streaming on the Web



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REDMOND, Wash. — Sept. 8, 2013 Nearing its one-year anniversary, Microsoft Corp.’s all-in-one music service, Xbox Music, continues making strides to deliver all the music people want, wherever they want it played. Today, Microsoft announced its plans to bring Xbox Music to iOS and Android devices, as well as free streaming on Xbox Music via the Web.[1]

Accessing music across all the different devices people interact with has become complicated. People today use PCs, laptops, tablets, phones and TVs to access different music services that don’t connect with one another. Xbox Music is designed to solve this common problem by combining the best of all music offerings with free streaming on the Web and on Windows 8 PCs and tablets, Internet radio, subscription (called Xbox Music Pass), and download-to-own options.[2] With today’s news, access to Xbox Music grows to include iOS and Android devices, as well as a free Web-based interface on computers.

“Xbox Music now, more than ever, powers music experiences between Windows 8, Xbox, Windows Phone, and now iOS, Android and the Web,” said Jerry Johnson, general manager of Xbox Music. “We’re also excited to connect artists with their fans on the most anticipated consumer product of the year when Xbox One launches Nov. 22.”

Expanding the Xbox Music f amily of d evices

Starting today, your Xbox Music Pass brings the catalog of music to iOS and Android devices. Get unlimited access to the songs and artists you want at any time with playback across your tablet, PC, phone and Xbox console for $9.99 per month or $99.99 per year. Add a song to your collection on your Xbox, and you’ll also have that song on your iOS, Android or Windows 8 device on the go or at the office. Xbox Music Pass also unlocks unlimited access to tens of thousands of music videos on your Xbox 360.

With the addition of free streaming on the Web, enjoy on-demand access to 30 million songs globally for free on the Xbox Music Web player at http://music.xbox.com or through the Xbox Music app on all Windows 8 tablets and PCs. Discovering and enjoying free music is as easy as typing an artist or song name and hitting “play.” Songs are instantly available to stream at no cost and for you to create an unlimited amount of playlists.[1]

Continued i nnovation

Xbox Music will continue to grow and evolve over the coming months. Microsoft will add Radio to the free Web player, a quick and dynamic way to personalize your collection, discover new favorites, and create ultimate playlists by launching instant mixes based on your favorite artists. With unlimited skips and a view of the full recommended music stream, Radio puts you in control of your Internet radio experience.[1]

Xbox Music will grow on Windows 8 when it adds the anticipated new Web Playlist tool this fall. The tool scans all the artists and music available on a given Web page and creates a custom playlist of all that music. Think about the Web page of your favorite radio station, or an upcoming music festival, and all the bands and songs included on that Web page. Web Playlist identifies all that music and creates an instant, custom playlist inside Xbox Music with the simple touch of a button. Web Playlist along with Windows 8.1 will be released Oct. 17.

In the coming months, additional updates for iOS and Android platforms will become available, including an offline mode that lets you save your music to your device for playback without an Internet or data connection.

About Xbox

Xbox is Microsoft’s premier entertainment brand for the TV, phone, PC and tablet. In living rooms or on the go, Xbox is home to the best and broadest games, as well as one of the world’s largest libraries of movies, TV, music and sports. Your favorite games, TV and entertainment come to life in new ways through the power of Kinect, Xbox SmartGlass and Xbox Live, the world’s premier social entertainment network. More information about Xbox can be found online at http://www.xbox.com.

About Microsoft

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

[1] Free streaming available only on the Web and devices running Windows 8 or later. Limited hours of free streaming after six months; unlimited with paid subscription. Coming later this fall: artist-based Radio on Android, iOS and the Web.

[2] Xbox Music Pass is streaming only on Xbox consoles, Android, iOS and the Web. Applicable taxes extra. On Xbox consoles, Xbox Music requires an Xbox Music Pass and an Xbox Live Gold membership (both sold separately). Download music on up to four devices. Some Xbox Music content may not be available via Xbox Music Pass, and may vary over time and by region. Coming later this fall: Xbox music download-to-own on Android and iOS, and playlists and song sync on Windows Phone 8. See http://www.xbox.com/music.

For details, please visit http://news.xb o x.com .

For assets, please visit http://news.xbox.com/media.

Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at http://www.microsoft.com/news. Web links, telephone numbers and titles were correct at time of publication, but may have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/news/contactpr.mspx.

Full View / NID: 45770 / Submitted by: The Zilla of Zuron

09.05.2013 - MS13-055 - Critical : Cumulative Security Update for Internet Explorer (2846071) - Version: 1.3



View Microsoft related news. Severity Rating: Critical
Revision Note: V1.3 (September 5, 2013): Added CVE-2013-3846 as a vulnerability addressed by this update. This is an informational change only.
Summary: This security update resolves eighteen privately reported vulnerabilities in Internet Explorer. The most severe vulnerabilities could allow remote code execution if a user views a specially crafted webpage using Internet Explorer. An attacker who successfully exploited the most severe of these vulnerabilities could gain the same user rights as the current user. Users whose accounts are configured to have fewer user rights on the system could be less impacted than users who operate with administrative user rights.
Full View / NID: 45751 / Submitted by: The Zilla of Zuron

09.03.2013 - Accelerating growth



View Microsoft-Press related news.

Download pdf version here.

Download PowerPoint version here.

Full View / NID: 45739 / Submitted by: The Zilla of Zuron

09.03.2013 - Media alert: Microsoft to acquire Nokia’s Devices & Services business, license Nokia’s patents and mapping services



View Microsoft-Press related news.

REDMOND, Wash. — Sept. 3, 2013 — Microsoft Corp. and Nokia Corp. today announced that the boards of directors for both companies have decided to enter into a transaction whereby Microsoft will purchase substantially all of Nokia’s Devices & Services business, license Nokia’s patents, and license and use Nokia’s mapping services.

Under the terms of the agreement, Microsoft will pay EUR 3.79 billion to purchase substantially all of Nokia’s Devices & Services business, and EUR 1.65 billion to license Nokia’s patents, for a total transaction cost of EUR 5.44 billion in cash. Microsoft will draw upon its overseas cash resources to fund the transaction. The transaction is expected to close in the first quarter of 2014, subject to approval by Nokia’s shareholders, regulatory approvals and other closing conditions.

Building on the partnership with Nokia announced in February 2011 and the increasing success of Nokia’s Lumia smartphones, Microsoft aims to accelerate the growth of its share and profit in mobile devices through faster innovation, increased synergies, and unified branding and marketing.

Microsoft has published a document summarizing the strategic rationale for the agreement at http://www.microsoft.com/en-us/news/Press/2013/Sep13/StrategicRationale.aspx.

“It’s a bold step into the future — a win-win for employees, shareholders and consumers of both companies. Bringing these great teams together will accelerate Microsoft’s share and profits in phones, and strengthen the overall opportunities for both Microsoft and our partners across our entire family of devices and services,” said Steve Ballmer, Microsoft chief executive officer. “In addition to their innovation and strength in phones at all price points, Nokia brings proven capability and talent in critical areas such as hardware design and engineering, supply chain and manufacturing management, and hardware sales, marketing and distribution.”

“We are excited and honored to be bringing Nokia’s incredible people, technologies and assets into our Microsoft family. Given our long partnership with Nokia and the many key Nokia leaders that are joining Microsoft, we anticipate a smooth transition and great execution,” Ballmer said. “With ongoing share growth and the synergies across marketing, branding and advertising, we expect this acquisition to be accretive to our adjusted earnings per share starting in fiscal year 2015, and we see significant long-term revenue and profit opportunities for our shareholders.”

What :
Conference call and webcast for investors, analysts and media on Microsoft – Nokia transaction.

Who :
Members of Microsoft Corp. executive leadership

When:
Tuesday, Sept. 3, 2013, 5:45 a.m.–6:45 a.m. PDT

Teleconference

Information:
Interested parties should call toll-free at (888) 459-9165, or for international calls dial +1-773-799-3324
Passcode: Microsoft

Webcast Information:
http://www.microsoft.com/investor

Media and analysts can check http://www.microsoft.com/newscenter or http://www.microsoft.com/investor for additional materials.

Teleconference

Replay Information: A playback of the conference will also be available through 5 p.m. on Tuesday, Sept. 10, 2013, at (866) 405-7294, or for international calls dial +1-203-369-0606.

For more information, financial analysts and investors only:

Chris Suh, general manager, Investor Relations, (425) 706-4400

Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at http://www.microsoft.com/news. Web links, telephone numbers and titles were correct at time of publication, but may have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/news/contactpr.mspx.

Forward-Looking Statements

This press release contains forward-looking statements, which are any predictions, projections or other statements about future events based on current expectations and assumptions that are subject to risks and uncertainties. The potential risks and uncertainties include, among others, that the expected financial and other benefits from the Nokia transaction may not be realized, including because of: our inability to close the transaction, or Nokia’s inability to repay the financing should it take down the financing and the transaction doesn’t close; the response to the acquisition by the customers, employees, and strategic and business partners of Nokia’s Devices & Services business; the extent to which we achieve anticipated operating efficiencies and cost savings, and anticipated smart device and mobile phone market share targets; the overall growth rates for the smart device and mobile phone markets; ongoing downward pressure on prices for mobile devices; unanticipated restructuring expenses; any restrictions or limitations imposed by regulatory authorities; the impact of Microsoft management and organizational changes resulting from acquisition of Nokia’s Devices & Services business; the ability to retain key Nokia personnel; our effectiveness in integrating the Nokia Devices & Services business with Microsoft’s businesses; the response of existing Microsoft smart devices original equipment manufacturers; risks related to the Nokia Devices & Services international operations; and our ability to realize our broader strategic and operating objectives. Actual results may differ materially from the forward-looking statements because of these and other risk and uncertainties of our business, which are described in our filings with the Securities and Exchange Commission (“SEC”), including our Forms 10-K and 10-Q.

For further information regarding risks and uncertainties associated with Microsoft’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Microsoft’s SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting Microsoft’s Investor Relations department at (800) 285-7772 or at Microsoft’s Investor Relations website at http://www.microsoft.com/investor.

All information in this release is as of September 2, 2013. Microsoft undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company’s expectations.

Full View / NID: 45738 / Submitted by: The Zilla of Zuron

09.03.2013 - Microsoft to acquire Nokia’s devices & services business, license Nokia’s patents and mapping services



View Microsoft-Press related news.

REDMOND, Washington and ESPOO, Finland – Sept. 3, 2013 – Microsoft Corporation and Nokia Corporation today announced that the Boards of Directors for both companies have decided to enter into a transaction whereby Microsoft will purchase substantially all of Nokia’s Devices & Services business, license Nokia’s patents, and license and use Nokia’s mapping services.

Under the terms of the agreement, Microsoft will pay EUR 3.79 billion to purchase substantially all of Nokia’s Devices & Services business, and EUR 1.65 billion to license Nokia’s patents, for a total transaction price of EUR 5.44 billion in cash. Microsoft will draw upon its overseas cash resources to fund the transaction. The transaction is expected to close in the first quarter of 2014, subject to approval by Nokia’s shareholders, regulatory approvals and other closing conditions.

Building on the partnership with Nokia announced in February 2011 and the increasing success of Nokia’s Lumia smartphones, Microsoft aims to accelerate the growth of its share and profit in mobile devices through faster innovation, increased synergies, and unified branding and marketing. For Nokia, this transaction is expected to be significantly accretive to earnings, strengthen its financial position, and provide a solid basis for future investment in its continuing businesses.

“It’s a bold step into the future – a win-win for employees, shareholders and consumers of both companies. Bringing these great teams together will accelerate Microsoft’s share and profits in phones, and strengthen the overall opportunities for both Microsoft and our partners across our entire family of devices and services,” said Steve Ballmer, Microsoft chief executive officer. “In addition to their innovation and strength in phones at all price points, Nokia brings proven capability and talent in critical areas such as hardware design and engineering, supply chain and manufacturing management, and hardware sales, marketing and distribution.”

“We are excited and honored to be bringing Nokia’s incredible people, technologies and assets into our Microsoft family. Given our long partnership with Nokia and the many key Nokia leaders that are joining Microsoft, we anticipate a smooth transition and great execution,” Ballmer said. “With ongoing share growth and the synergies across marketing, branding and advertising, we expect this acquisition to be accretive to our adjusted earnings per share starting in FY15, and we see significant long-term revenue and profit opportunities for our shareholders.”

“For Nokia, this is an important moment of reinvention and from a position of financial strength, we can build our next chapter,” said Risto Siilasmaa, Chairman of the Nokia Board of Directors and, following today’s announcement, Nokia Interim CEO. “After a thorough assessment of how to maximize shareholder value, including consideration of a variety of alternatives, we believe this transaction is the best path forward for Nokia and its shareholders. Additionally, the deal offers future opportunities for many Nokia employees as part of a company with the strategy, financial resources and determination to succeed in the mobile space.”

“Building on our successful partnership, we can now bring together the best of Microsoft’s software engineering with the best of Nokia’s product engineering, award-winning design, and global sales, marketing and manufacturing,” said Stephen Elop, who following today’s announcement is stepping aside as Nokia President and CEO to become Nokia Executive Vice President of Devices & Services. “With this combination of talented people, we have the opportunity to accelerate the current momentum and cutting-edge innovation of both our smart devices and mobile phone products.”

Nokia has outlined its expected focus upon the closing of the transaction in a separate press release published today.

TERMS OF THE AGREEMENT

Under the terms of the agreement, Microsoft will acquire substantially all of Nokia’s Devices and Services business, including the Mobile Phones and Smart Devices business units as well as an industry-leading design team, operations including all Nokia Devices & Services-related production facilities, Devices & Services-related sales and marketing activities, and related support functions. At closing, approximately 32,000 people are expected to transfer to Microsoft, including 4,700 people in Finland and 18,300 employees directly involved in manufacturing, assembly and packaging of products worldwide. The operations that are planned to be transferred to Microsoft generated an estimated EUR 14.9 billion, or almost 50 percent of Nokia’s net sales for the full year 2012.

Microsoft is acquiring Nokia’s Smart Devices business unit, including the Lumia brand and products. Lumia handsets have won numerous awards and have grown in sales in each of the last three quarters, with sales reaching 7.4 million units in the second quarter of 2013.

As part of the transaction, Nokia is assigning to Microsoft its long-term patent licensing agreement with Qualcomm, as well as other licensing agreements.

Microsoft is also acquiring Nokia’s Mobile Phones business unit, which serves hundreds of millions of customers worldwide, and had sales of 53.7 million units in the second quarter of 2013. Microsoft will acquire the Asha brand and will license the Nokia brand for use with current Nokia mobile phone products. Nokia will continue to own and manage the Nokia brand. This element provides Microsoft with the opportunity to extend its service offerings to a far wider group around the world while allowing Nokia’s mobile phones to serve as an on-ramp to Windows Phone.

Nokia will retain its patent portfolio and will grant Microsoft a 10-year license to its patents at the time of the closing. Microsoft will grant Nokia reciprocal rights to use Microsoft patents in its HERE services. In addition, Nokia will grant Microsoft an option to extend this mutual patent agreement in perpetuity.

In addition, Microsoft will become a strategic licensee of the HERE platform, and will separately pay Nokia for a four-year license.

Microsoft will also immediately make available to Nokia EUR 1.5 billion of financing in the form of three EUR 500 million tranches of convertible notes that Microsoft would fund from overseas resources. If Nokia decides to draw down on this financing option, Nokia would pay back these notes to Microsoft from the proceeds of the deal upon closing. The financing is not conditional on the transaction closing.

Microsoft also announced that it has selected Finland as the home for a new data center that will serve Microsoft consumers in Europe. The company said it would invest more than a quarter-billion dollars in capital and operation of the new data center over the next few years, with the potential for further expansion over time.

NOKIA LEADERSHIP CHANGES

Nokia expects that Stephen Elop, Jo Harlow, Juha Putkiranta, Timo Toikkanen, and Chris Weber would transfer to Microsoft at the anticipated closing of the transaction. Nokia has outlined these changes in more detail in a separate release issued today.

EXTRAORDINARY SHAREHOLDERS MEETING

Nokia plans to hold an Extraordinary General Meeting on November 19, 2013. The notice of the meeting and more information on the transaction and its background are planned to be published later this month.

PRESS CONFERENCE

Nokia will host a press conference today, Tuesday, Sept. 3, at 11 a.m. EEST in Dipoli, Espoo (Otakaari 24). Registration will start at 10 a.m., and the doors will open at 10.40 a.m. Due to space constraints, only media who show valid press credentials at the registration will be admitted. Media are encouraged to watch a live webcast of the press conference at: http://press.nokia.com/

INVESTOR CALLS

Microsoft will hold a conference call for investors, financial analysts and news media Tuesday, Sept. 3, at 3:45 p.m. EEST/8:45 a.m. EDT. Interested parties should call toll-free at (888) 459-9165, or for international calls dial +1-773-799-3324. You may also access the call online at http://www.microsoft.com/investor.

Nokia executives will hold an investor call at 3 p.m. EEST today, Tuesday, Sept. 3. A webcast of the conference call will be available at http://investors.nokia.com. Media representatives can view the webcast or listen in at +1 706 634 5012, conference ID 45390451.

MEDIA ENQUIRIES

Nokia
Communications
Tel. +358 7180 34900
Email: press.services@nokia.com
www.nokia.com

Microsoft
Rapid Response Team, Waggener Edstrom Worldwide, +1 (503) 443-7070, rrt@waggeneredstrom.com

FORWARD-LOOKING STATEMENTS: NOKIA

It should be noted that Nokia and its business are exposed to various risks and uncertainties and certain statements herein that are not historical facts are forward-looking statements, including, without limitation, those regarding: A) the planned sale by Nokia of substantially all of Nokia’s Devices & Services business, including Smart Devices and Mobile Phones (referred to below as "Sale of the D&S Business") pursuant to a purchase agreement between Nokia and Microsoft (referred to below as “Agreement”); B) the closing of the Sale of the D&S Business; C) obtaining the shareholder approval for the Sale of the D&S Business; D) receiving timely, or at all, necessary regulatory approvals for the Sale of the D&S Business; E) expectations, plans or benefits related to or caused by the Sale of the D&S Business; F) expectations, plans or benefits related to Nokia’s strategies, including plans for Nokia with respect to its continuing business areas that will not be divested in connection with the Sale of the D&S Business; E) expectations, plans or benefits related to changes in leadership and operational structure; F) expectations and targets regarding our operational priorities, financial performance or position, results of operations and use of proceeds from the Sale of the D&S Business; and G) statements preceded by "believe," "expect," "anticipate," "foresee," “sees,” "target," "estimate," "designed," "aim", "plans," "intends," “focus,” "will" or similar expressions. These statements are based on management's best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors, including risks and uncertainties that could cause these differences include, but are not limited to: 1) the inability to close the Sale of the D&S Business in a timely manner, or at all, for instance due to the inability or delays in obtaining the shareholder approval or necessary regulatory approvals for the Sale of the D&S Business, or the occurrence of any event, change or other circumstance that could give rise to the termination of the Agreement; 2) the potential adverse effect on the sales of our mobile devices, business relationships, operating results and business generally resulting from the announcement of the Sale of the D&S Business or from the terms that we have agreed for the Sale of the D&S Business; 3) any negative effect caused by us entering into the Sale of the D&S Business, as we may forego other competitive alternatives for strategies or partnerships that would benefit our Devices & Services business and if the Sale of the D&S Business is not closed, we may have limited options to continue the Devices & Services business or enter into another transaction on terms favorable to us, or at all; 4) our ability to effectively and smoothly implement planned changes to our leadership and operational structure or maintain an efficient interim governance structure and preserve or hire key personnel; 5) any negative effect from the implementation of the Sale of the D&S Business, which will require significant time, attention and resources of our senior management and others within the company potentially diverting their attention from other aspects of our business; 6) disruption and dissatisfaction among employees caused by the plans and implementation of the Sale of the D&S Business reducing focus and productivity in areas of our business; 7) the amount of the costs, fees, expenses and charges related to or triggered by the Sale of the D&S Business; 8) any impairments or charges to carrying values of assets or liabilities related to or triggered by the Sale of the D&S Business; 9) potential adverse effect on our business, properties or operations caused by us implementing the Sale of the D&S Business; 10) the initiation or outcome of any legal proceedings, regulatory proceedings or enforcement matters that may be instituted against us relating to the Sale of the D&S Business; and, as well as the risk factors specified on pages 12-47 of Nokia's annual report on Form 20-F for the year ended December 31, 2012 under Item 3D. "Risk Factors." and risks outlined in our most recent interim report. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Nokia does not undertake any obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.

Forward-Looking Statements: Microsoft

This press release contains forward-looking statements, which are any predictions, projections or other statements about future events based on current expectations and assumptions that are subject to risks and uncertainties. The potential risks and uncertainties include, among others, that the expected financial and other benefits from the Nokia transaction may not be realized, including because of: our inability to close the transaction, or Nokia’s inability to repay the financing should it take down the financing and the transaction doesn’t close; the response to the acquisition by the customers, employees, and strategic and business partners of Nokia’s Devices & Services business; the extent to which we achieve anticipated operating efficiencies and cost savings, and anticipated smart device and mobile phone market share targets; the overall growth rates for the smart device and mobile phone markets; ongoing downward pressure on prices for mobile devices; unanticipated restructuring expenses; any restrictions or limitations imposed by regulatory authorities; the impact of Microsoft management and organizational changes resulting from acquisition of Nokia’s Devices & Services business; the ability to retain key Nokia personnel; our effectiveness in integrating the Nokia Devices & Services business with Microsoft’s businesses; the response of existing Microsoft smart devices original equipment manufacturers; risks related to the Nokia Devices & Services international operations; and our ability to realize our broader strategic and operating objectives. Actual results may differ materially from the forward-looking statements because of these and other risk and uncertainties of our business, which are described in our filings with the Securities and Exchange Commission (“SEC”), including our Forms 10-K and 10-Q.

For further information regarding risks and uncertainties associated with Microsoft’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Microsoft’s SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting Microsoft’s Investor Relations department at (800) 285-7772 or at Microsoft’s Investor Relations website at http://www.microsoft.com/investor .

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09.03.2013 - Steve Ballmer email to Microsoft employees on Nokia Devices & Services acquisition



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From: Steve Ballmer
To: MS FTEs
Date: Sep. 2, 8:00 PM PDT (Sep. 3, 6:00 AM EET)
Subject: Accelerating Growth

We announced some exciting news today: We have entered into an agreement to purchase Nokia’s Devices & Services business, which includes their smartphone and mobile phone businesses, their award-winning design team, manufacturing and assembly facilities around the world, and teams devoted to operations, sales, marketing and support.

For Microsoft, this is a bold step into the future and the next big phase of the transformation we announced on July 11.

We are very excited about the proposal to bring the best mobile device efforts of Microsoft and Nokia together. Our Windows Phone partnership over the past two and half years has yielded incredible work - the stunning Lumia 1020 is a great example. Our partnership has also yielded incredible growth. In fact, Nokia Windows Phones are the fastest-growing phones in the smartphone market.

Now is the time to build on this momentum and accelerate our share and profits in phones. Clearly, greater success with phones will strengthen the overall opportunity for us and our partners to deliver on our strategy to create a family of devices and services for individuals and businesses that empower people around the globe at home, at work and on the go, for the activities they value most.

We have laid out Microsoft’s strategic rationale for this transaction in a presentation that I encourage you to read.

This is a smart acquisition for Microsoft, and a good deal for both companies. We are receiving incredible talent, technology and IP. We’ve all seen the amazing work that Nokia and Microsoft have done together.

Given our long partnership with Nokia and the many key Nokia leaders that are joining Microsoft, we expect a smooth transition and great execution.

As is always the case with an acquisition, the first priority is to keep driving through close, which we expect in the first quarter of 2014, following approval by Nokia’s shareholders, regulatory approvals, and other closing conditions.

But I also know people will have some questions about what happens post-close. While details aren’t final, here is what we know, and how we’re generally approaching integration:

While today’s announcement is big news, we have to stay heavily focused on running the current business. We have a huge fall and holiday season ahead of us, so we need to execute flawlessly and continue to drive our business forward. I have no doubt we will.

Steve

Full View / NID: 45736 / Submitted by: The Zilla of Zuron

08.30.2013 - Microsoft and ValueAct Capital sign cooperation agreement



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REDMOND, Wash. — Aug . 30, 2013 — Microsoft Corp. today announced that it has signed a cooperation agreement with ValueAct Capital, a San Francisco-based investment firm with $12 billion in assets under management that beneficially owns approximately 0.8 percent of the outstanding shares of Microsoft common stock and is one of the company’s largest shareholders.

The cooperation agreement provides for regular meetings between Mason Morfit, president of ValueAct Capital, and selected Microsoft directors and management to discuss a range of significant business issues. The agreement also gives ValueAct Capital the option of having Morfit join the Microsoft board of directors beginning at the first quarterly board meeting after the 2013 annual shareholders meeting.

“Our board and management team are committed to enhancing growth and value for Microsoft shareholders, and we look forward to ValueAct Capital’s input,” said Steve Ballmer, Microsoft chief executive officer.

“Mason has extensive experience as a public company director, a wealth of financial knowledge and the perspective of a major shareholder. We have enjoyed getting to know Mason over the past few months and are looking forward to working with him,” said John Thompson, lead independent director and chair of Microsoft’s Governance and Nominating Committee.

“Microsoft is a world-class company with tremendous long-term potential,” said Morfit. “At this critical inflection point in the company’s evolution, I look forward to actively working together with the board and Microsoft’s management team to continue to create value for all shareholders.”

Morfit is the president of ValueAct Capital. Before joining ValueAct Capital in January 2001, he worked in equity research for Credit Suisse First Boston. Morfit is also a director of Valeant Pharmaceuticals International and a former director of Advanced Medical Optics Inc., C.R. Bard Inc., Immucor Inc., MSD Performance Inc. and Solexa Inc. He has a B.A. from Princeton University and is a CFA charterholder.

The agreement between Microsoft and ValueAct Capital will be included as an exhibit to the Form 8-K filed with the Securities and Exchange Commission.

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

For more information , financial analysts and investors only :

Investor Relations, Microsoft, (425) 706-4400

Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at http://www.microsoft.com/news. Web links, telephone numbers and titles were correct at time of publication, but may have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/news/contactpr.mspx.

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08.29.2013 - Microsoft names new “channel chief” for Worldwide Partner Group



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REDMOND, Wash. — Aug. 29, 2013 — Microsoft Corp. today announced the appointment of Phil Sorgen as corporate vice president of the company’s Worldwide Partner Group. Sorgen will manage a team of sales and marketing professionals tasked with helping Microsoft’s 640,000-member-strong partner community capitalize on new areas of growth in cloud computing, mobility, big data and enterprise social technologies.

A 17-year veteran of Microsoft, Sorgen previously led the company’s U.S. Small and Midmarket Solutions and Partners (SMS&P) Group, which provided Microsoft technology solutions for more than 20 million small and midsized businesses in the United States. Before this position, he served as president of Microsoft Canada for 3 1/2 years.

“Our partner ecosystem is a key asset to Microsoft and carries tremendous strategic importance to the company,” said Vahé Torossian, corporate vice president of worldwide SMS&P. Phil has been a member of Torossian’s extended leadership team for several years and has been involved in multiple global initiatives that have shaped the worldwide SMS&P business and partner strategies.

“Phil’s rich leadership experience in working with our customers and partners in the United States and Canada makes him an ideal fit to help our partners drive new opportunities as Microsoft transforms into a company delivering devices and high-value cloud services,” Torossian said.

Sorgen will officially assume his new role on Sept. 1, 2013, reporting to Torossian. He replaces Corporate Vice President Jon Roskill, who served for three years as channel chief.

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at http://www.microsoft.com/news. Web links, telephone numbers and titles were correct at time of publication, but may have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/news/contactpr.mspx.

Full View / NID: 45722 / Submitted by: The Zilla of Zuron
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