John Thompson

Microsoft invests $15M in Foursquare, inks licensing deal for location-based data

Tech giant Microsoft invested $15 million in location-based social networking app Foursquare and inked a licensing deal to use the latter's places database in their products and services.

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Microsoft CEO wealth totals USD786 million as Ballmer retires

Microsoft CEO Steve Ballmer would sit as the second biggest shareholder in Microsoft, after co-founder Bill Gates, after his retirement to follow in the next 12 months.

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