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Thursday, Jun 20
Microsoft (MSFT) has apparently been dreaming big lately. A day after the WSJ reported the...
Microsoft (MSFT) has apparently been dreaming big lately. A day after the WSJ reported the software giant held M&A talks with Nokia, it reports Microsoft recently explored creating an e-commerce marketplace that would challenge eBay (EBAY) and Amazon (AMZN). A Microsoft spokeswoman admits the existence of an e-commerce initiative, codenamed Brazil, but adds the company has tabled its plans. Sources claim Microsoft was actually thinking of "subsidizing the price of goods" on its marketplace via ad dollars, presumably to deal with the chicken-and-egg problem any such service would have.