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r00t writes:
"It appears that Microsoft has decided it's time they own a video streaming website. Orange, the current owners of the video streaming site, have been quoted as saying 'I think it makes a lot of sense for us, as for Microsoft, to reach an accord that would be above all a partnership.' Yahoo tried to purchase DailyMotion last year, however the French Industry Minister Arnaud Montebourg blocked the deal.
Orange's Chief Executive Stephane Richard said that while no agreement had been made yet, he is 'confident' that the companies could come to some arrangement. Whatever the terms may be, Orange will retain a majority stake in the company."
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Microsoft Looking to Purchase DailyMotion
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(Score: 2, Insightful) by strattitarius on Wednesday February 26 2014, @03:46PM
I just submitted a story [dev.soylentnews.org] about how Richard said they should have come up with WhatsApp, and bitching about how these apps are making all the money while the poor telcos are going broke. Then they want to sell the one service they have?
These guys don't seem to understand that capitalism favors not just capital (laying fiber), but also innovation (new things to do over the fiber). And that is something the Telco's haven't done in quite a while. Hell, even our new VOIP phone system, once you get under the hood, is just about the same as they were 20 years ago.
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(Score: 1) by monster on Thursday February 27 2014, @05:44AM
The strategy is to earn MOAR MONEY!.
Making customers pay 10 for what costs them maybe 1-2 is really nifty. Starting new services, innovating and in general doing something different than a rounder wheel (like telcos have been doing with xDSL or 2G, 3G and 4G) may lose money, so it's better if someone else loses it, no?
After some time, when someone else succeeds and they are left behind, they cry it's not fair!. Well, it was your fault. WhatsApp is not much different from MMS, if it wasn't because of the outrageous prices of the latter (and Groups, but that could be done). So they had a nice goose that could lay gold eggs, killed it and now cry because someone else weren't so stupid to do the same and now has a nice pile of gold. And we are supposed to feel pity for them?