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Open source takes no hostages
,----[ Quote ]
| Have you ever had the experience of creating and storing data in a certain
| application, only to find that your dependency on a proprietary format means
| that you have lost all your data?
|
| [...]
|
| With a package like Money, new versions take into account the changing laws
| that govern small business and personal finances and the headache of managing
| money disappears.
|
| But what about your data? Is Microsoft going to offer a package that can
| translate that data into something that could, perhaps, be used by a package
| like that put out by Intuit?
|
| Unlikely, given that Microsoft once tried to buy Intuit and was only stopped
| by the US department of justice which "felt strongly that the proposed merger
| would lead to higher prices and less innovation in the personal finance
| software market."
`----
http://www.itwire.com/content/view/25627/1148/
The End Of Microsoft Money: Big Company Doesn't Always Win
,----[ Quote ]
| A great example of this is the failure of Microsoft Money. The company has
| now announced that it's going to discontinue the product despite years of
| effort and millions of dollars spent to try to defeat Intuit's Quicken
| product. In fact, the saga of the battle between Intuit and Microsoft
| highlights (yet again) that it wasn't so much the invention part that allowed
| Intuit to win the battle, but the innovative way in which Intuit kept and
| grew marketshare. In an interview with News.com, the guy who ran Microsoft
| Money for a few years, noted that Intuit beat Money because they did a better
| job with the marketing.
`----
http://techdirt.com/articles/20090612/0032535204.shtml
Recent:
Microsoft debt offering raises questions about plans for funds
,----[ Quote ]
| Microsoft, which has historically avoided borrowing money, this morning took
| the next step in its previously announced plan to raise funds through a
| public debt offering. The company made the move in a preliminary prospectus
| filed with the Securities and Exchange Commission.
`----
http://www.techflash.com/microsoft/Microsoft_debt_offering_raises_questions_about_plans_for_funds_44725857.html
Microsoft to close the till on Microsoft Money
,----[ Quote ]
| Microsoft announced in August 2008 that it would no longer sell Money through
| retail stores. The company said at that time that plans to release a Money
| Plus 2009 release were cancelled.
`----
http://blogs.zdnet.com/microsoft/?p=3021
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