MS TouchWall

Microsoft is keeping sure that their revenues never goes down in near future, as young dudes (google) are hogging the llimelite every time and money speedingly. Bill and Steve are making thier bets on the area where huge money needs to put in Rnd and which the young guys not afford to spend money at time right now. In simple words Google tries to find out the new breakthrough in internet where as Microsoft trying to sweep new obvious markets.
If you have MS stock you can safely hold this for next 10 years :).

Third Time Lucky

Swan Fanning's "Rupture", a High end Computer gamers Social Networking web site, is acquired by Electronic Arts for $30Million. Now this is the same who created "Napster" the online music files sharing application which changed the whole music industry . On his third attempt he got money as first two attempt fails to create money for him and led to Bankruptcy.
Fanning's friend and confounder of Napster Max Levchin also founded couple of firms later on which the most successful PayPal and Slide are the ones.

Adobe’s Open Screen Project: This is we all all devs wanted!

Adobe is making Flash a viewing environment not only for Web apps on your PC, but also on mobile phone, your TV, and any other screen you can think of. Adobe Announces the Open Screen Project to make it easier to develop applications across devices—using Flash, of course. David Wadhwani, general manager of Adobe’s platform business (which includes Flash/Flex, AIR, and Cold Fusion), says:

We believe it is time for an industry-wide movement for a consistent way to develop across the Web for PCs, mobile devices, and TVs.

To help the project along, Adobe is:

1. Opening up the runtime to its Flash player for the first time so that anybody can create their own customized player. Specifically, it is going to open up the SWF and FLV/F4V specifications.

2. Removing licensing fees for Flash on mobile devices. While Flash is free on PCs, cell phone makers and other device manufacturers must pay a royalty fee.

3. Publishing the APIs for porting Flash to other devices. This currently also incurs a royalty fee. By opening it up, there is no reason why every device shouldn’t come with Flash pre-installed.

4. Publishing Adobe protocols for pushing content to devices like Flash Cast and AMF.

Read This
http://www.adobe.com/openscreenproject/