Microsoft officially closes its $26.2B acquisition of LinkedIn

microsoft-acquires-linkedin-managed-solution

Microsoft officially closes its $26.2B acquisition of LinkedIn

By Ingrid Lunden as written on TechCrunch.com
After getting its final European Commission approvals earlier this week, Microsoft and LinkedIn today announced that Microsoft’s $26.2 billion acquisition of LinkedIn, the social networking site, has officially closed.
The news comes six months after news first broke of the deal.
In an internal memo, LinkedIn CEO Jeff Weiner went through the areas where the two companies would be working together, and how they will in other ways remain independent. That memo is copied below.
LinkedIn today has over 400 million registered users, making it the largest social networking site focused on the working world. People use the service both to make work connections with other people in their fields, but also to look for jobs and hire people. As we reported earlier this week, the fact that LinkedIn essentially has a dominant position in this area meant that Microsoft had to make concessions to the EC about how it would work to allow other social networking sites to integrate on its platforms.
The fact that these concessions had to be made speaks a little to what Microsoft’s intentions might be with LinkedIn. It seems like one key area for Microsoft will be to upsell those using LinkedIn to recruit, to then buy into Microsoft’s software in areas like HR and sales to extend that functionality.
Microsoft has up to now not really been a significant player in open-ended social networking, although with products like Yammer and Skype it’s clearly put a lot of investment into the kinds of collaboration products that are in demand from enterprises and business users today. It will be interesting to see how and if it tries to marry these two sides of enterprise-focused social networking down the line.
LinkedIn CEO Jeff Weiner:
Six months ago, we announced our intention to be acquired by Microsoft. At the time, Satya and I shared the background of the deal and our joint vision for changing the way the world works. Today I’m pleased to announce that we’ve just officially closed the acquisition. I’m more confident than ever that our move to join forces with Microsoft will accelerate our mission to connect the world’s professionals to make them more productive and successful, and ultimately help create economic opportunity for every member of the global workforce.
Over the past few months, the LinkedIn and Microsoft leadership teams have been meeting to understand and prioritize the opportunities ahead. We’ve been able to see first-hand the level of innovation being driven at scale — in artificial intelligence, machine learning, the cloud, devices, and more. We’ve also had the chance to build a deeper relationship with Satya and the Microsoft leadership team, and to witness the strategic and cultural shifts they are driving, and the impressive traction they are seeing as a result.
As we move forward, our day-to-day operations will essentially remain unchanged: We’ll continue to have the same mission and vision, the same culture and values, the same brand, and the same leadership team.
Our members still come first. Our commitment to privacy and security will not change. And our partners are still core to our business. We’ll continue to remain focused on growing LinkedIn and creating value for our members and customers. Over the coming months we’ll start sharing more about how we’re integrating products, especially in areas where we can leverage Microsoft’s scale, e.g.,
  • LinkedIn identity and network in Microsoft Outlook and the Office suite
  • LinkedIn notifications within the Windows action center
  • Enabling members drafting résumés in Word to update their profiles, and discover and apply to jobs on LinkedIn
  • Extending the reach of Sponsored Content across Microsoft properties
  • Enterprise LinkedIn Lookup powered by Active Directory and Office 365
  • LinkedIn Learning available across the Office 365 and Windows ecosystem
  • Developing a business news desk across our content ecosystem and MSN.com
  • Redefining social selling through the combination of Sales Navigator and Dynamics 365
Getting to this point wouldn’t have been possible without the teams who have been working tirelessly on the close since we announced the deal in June. I’d like to thank them for all they’ve done to set us up for success as we begin our next chapter.

Microsoft today announced that fully featured DVR capability is coming to Xbox One.

DVR-Xbox-One-1024x524

Microsoft today announced that fully featured DVR capability is coming to Xbox One. Users can schedule recordings and watch TV shows and programs at their convenience. From your Xbox One, you can stream recorded TV shows to other devices, either via the Xbox app on Windows 10, or through Xbox SmartGlass for iOS and Android. Even better, you can also download shows to your Windows 10 phone, PC or tablet so you can watch them anywhere. You can schedule recordings from OneGuide on your Xbox One console, the Xbox app on Windows 10 devices or with Xbox SmartGlass on iOS and Android devices. You can also add, review and edit your scheduled recordings from your PC, tablet or phone while you are away from home with ease.
With DVR for Over-the-Air TV, you’ll never miss a minute of your favorite TV shows, movies or sporting events when you want to play a game or need to step out. Once your Xbox One is set up for over-the-air TV*, it’s as easy as plugging a USB hard drive into your Xbox One console and recording your content. And by recording content to an external drive, there’s no impact on your gameplay activities or ability to save to the console.
This feature will be free and it will be coming in 2016.

14 million devices running Windows 10 within 24 hours of the launch - now on 18.5 million machines

windows 10 news update

Last week, Microsoft announced that they have more than 14 million devices running Windows 10 within 24 hours of the launch. Over the weekend, Microsoft has added additional 4.5 million PCs. Windows 10 has been installed now on 18.5 million machines, the new number comes from Neowin's source inside Microsoft. At its peak, Windows 10 was being installed at a rate of 1500 machines per second.