Microsoft’s plan to stop Bing’s $1 billion Loss

Microsoft’s plan to stop Bing’s $1 billion Loss (CNN – Money)

Bing, Microsoft’s two-year old search engine, is losing nearly a $1 billion a quarter, with no sign of letting up. Microsoft has lost $5.5 Billion on Bing since its start in June 2009. Microsoft says it has a solution and will fix it by changing the game fundamentally. The new Bing will change the way people think about search, sooner or later users will switch over from Google. (Continue reading at CNN-Money)

My Two Cents: I am interested on how Windows 8 and Bing will operate together along with Microsoft Mobile systems? Very interesting times ahead. It will take something beyond amazing for people to switch from Google to Bing. Lets see it soon!

Microsoft unveils a radically redesigned Windows 8

Microsoft unveils a radically redesigned Windows 8 (CNN)

Microsoft formally introduced Windows 8 on Tuesday to thousands of software developers gathered at the company’s annual Build conference in Anaheim, Calif. The software giant said it reimagined Windows for the “changing world of computing.”

My Two Cents: I like the look. As long as the new system is bug free we should welcome this new version.

Solyndra Goes bankrupt

Solyndra Goes bankrupt (CNN – Money)

Solar panel maker Solyndra today said that it will file for Chapter 11 bankruptcy protection, after raising billions of dollars in startup funding since 2005. They are laying off 1,100 full-time and part-time employees right now!  The US Department of Energy loaned them $527 million.

My Two Cents: What a pure waste of money. Solyndra claims their loses are based on China. I claim not. This was just a scam from the very beginning. I see this BS all the time, and millions and billions of dollars wasted on a horrible business plan. I am sure their folks at the top got their huge bonus checks thanks to the DOE, and other investors. I had a real energy corporation turned down by the DOE for 500 million dollars in investment even if the energy corporation matched the 500 million with their own cash for the creation of green energy, and smart grid and meter technology. They would rather loan it to this scheme then the real deal. This is just so upsetting. However I am being paid by large investment firms and large banks to check out these firms for risk before loaning them a few million dollars to them. These investment firms should not have wasted a cent on this firm! This just hurts real Tech and Green Energy startups in the long run, from getting funding.