Microsoft Corp.
MSFT
+0.61%
will cut the price of Windows 8.1 by 70% for lower-priced computer and
tablet makers, Bloomberg reported on Saturday, citing sources. In a bid
to compete with cheaper rivals like Google Inc.'s
GOOG
-0.03%
Chromebooks, manufacturers will pay $15 to license Windows 8.1 and
preinstall on devices that sell for under $250, which is cheaper than
the normal fee of $50, those sources said. Any product that meets the
price limit will get the discount. Julia Kelly-Echeverio, a spokeswoman
for Microsoft, declined to comment on the report to Bloomberg.
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The euro fell for a second straight day against the dollar yesterday,
pulling away from seven-week highs, after eurozone business surveys
pointed to a sluggish recovery and underlined a fragile outlook for the
currency bloc.
The euro fell to a session low of US$1.3685, pulling further away from a
seven-week high of US$1.37735 struck this week, and down 0.3 per cent
on the day. The euro's weakness was broad- based, losing ground against
the British pound, the Swiss franc
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