Microsoft ready to spend--but on what?
C|Net | at | by Mike
Just what does Microsoft plan to spend all those billions of dollars on?
That's the question that Wall Street has been asking since last week, when the company announced that it would pay out far more than expected in the next 15 months--roughly $2.4 billion according to estimates--as it bulks up several of its new business efforts, particularly its online services.
Investors may get some answers this week, as the Redmond, Wash., software maker hosts an annual gathering for hundreds of MSN advertisers and other ad industry notables. Microsoft is expected to give further details of its strategy and to show off some of the earliest fruits of its labors.