Microsoft (MSFT) becomes the latest tech company to see its online video ambitions thwarted by...

|About: Microsoft Corporation (MSFT)|By:, SA News Editor

Microsoft (MSFT) becomes the latest tech company to see its online video ambitions thwarted by the onerous terms set by content owners, who are fearful of upsetting cable/satellite service providers. Reuters reports Microsoft is cancelling plans to offer a subscription video service for Xbox users after finding the licensing costs to be too high. Apple (AAPL) is reportedly dealing with a similar problem.