Shares of Microsoft Corporation (NASDAQ:MSFT) ended Tuesday session in red amid volatile trading. The shares closed down -0.06 points or -0.10% at $57.61 with 16.28 million shares getting traded. Post opening the session at $57.78, the shares hit an intraday low of $57.21 and an intraday high of $57.80 and the price vacillated in this range throughout the day. The company has a market cap of $449.55 billion and the numbers of outstanding shares have been calculated to be 7.79 billion shares.
On Aug. 23, 2016 Microsoft Corporation (MSFT) and Lenovo announced on Friday a deepening of their strategic relationship. Lenovo will load Microsoft’s productivity apps – including Microsoft Office, OneDrive and Skype – on select Lenovo devices that use the Android™ operating system. Lenovo expects to ship millions of these Android-based devices worldwide over the next several years. This expanded collaboration between Microsoft and Lenovo also includes a patent cross-licensing agreement that covers Lenovo and Motorola devices.
“Microsoft’s thrilled that our productivity apps will be pre-installed on Lenovo’s premium devices,” said Nick Parker, corporate vice president OEM Division, Microsoft. “The marriage of Microsoft’s apps and Lenovo’s Android-based devices will enable customers around the world to be more productive, more connected and achieve even more.”
“Our collaboration with Microsoft will create new opportunities for our customers to take advantage of some of Microsoft’s most popular apps,” said Christian Eigen, Leader of Corporate Alliances, Lenovo. “Installing Microsoft apps and services on our devices will bring additional value to consumers around the globe.”
Microsoft’s commitment to licensing IP
The patent agreement is another example of the important role intellectual property (IP) plays in ensuring a healthy and vibrant technology ecosystem. Since Microsoft launched its IP licensing program in December 2003, it has entered into more than 1,200 licensing agreements. More information about Microsoft’s licensing programs is available at http://www.microsoft.com/iplicensing.
Shares of Intel Corporation (NASDAQ:INTC) ended Tuesday session in green amid volatile trading. The shares closed up +0.49 points or 1.36% at $36.57 with 22.34 million shares getting traded. Post opening the session at $36.38, the shares hit an intraday low of $36.17 and an intraday high of $36.60 and the price vacillated in this range throughout the day. The company has a market cap of $173.30 billion and the numbers of outstanding shares have been calculated to be 4.73 billion shares.
On Aug. 30, 2016 Sony Pictures Home Entertainment (SPHE) and Intel Corporation announced that ULTRA, SPHE’s 4K movie streaming service, will debut on computers powered by 7th Gen Intel® Core™ processors beginning Q1 in 2017.
Coinciding with the expanded availability of the service, ULTRA will add new features like 48 hour rentals and free 10 minute previews, allowing customers to experience a sample of any film on the service in full 4k resolution before buying.
With its new 7th Gen Intel Core processor, Intel is bringing 4K content to mainstream PC users. This latest processor sets a higher bar for richer experiences and incredible performance and responsiveness, with long battery life and true 4K entertainment. More than 100 stunning new devices powered by 7th Gen Intel Core will be available this holiday season, and some will be available as early as September.
By leveraging new hardware security technologies in its processor, computers powered by 7th Gen Intel Core will be the first PCs to provide secure access to premium 4K movies and television content through Sony Pictures Home Entertainment’s ULTRA 4K service.
“More and more people are turning to their PC as their main movie viewing device. At the same time, studios like Sony Pictures Home Entertainment are leading the way in producing beautiful 4K content,” said Navin Shenoy, general manager of Intel’s Client Computing Group. “The combination of the amazing technology in our 7th Gen Intel Core processors combined with the fantastic 4K titles on ULTRA means that anyone with these new computers will be immersed in a 4K viewing world.”
“Audiences have shown a strong and growing appetite for premium 4K content, and ULTRA takes advantage of the latest industry innovations – high dynamic range, digital movie extras, and now the 7th Gen Intel Core with Intel hardware security technologies – so viewers get the most out of their movie collections,” said Pete Wood, SPHE’s Senior Vice President, Digital Distribution.