Bill Gates Talks About Spinning Off Bing And Xbox Business From Microsoft
In an interview with FOX Business Network's Liz Claman, Warren Buffett and Bill Gates spoke about their respective fields and some things which are in common.
Bill Gates was asked by a student on whether Microsoft should spin off Bing and Xbox business to create more value to the shareholders. He replied that he don’t think Microsoft would do that. Because, Bing is becoming a fundamental technology platform that nowadays powers even Microsoft’s core business Office.
He also pointed out that Microsoft has spin off companies that they think are not relevant to Microsoft’s vision, some of the examples are Expedia and Slate magazine. But the basic research and the stuff that goes into Bing simple makes it impossible for Microsoft to spin it off. Similarly in Xbox business, Microsoft is bringing the power of PC gaming to console and they are trying to bring the culture together. Also, he said if Satya really wants to do that, he will support him. When...
The rest of the story...
Microsoft News
Quote
The debate of whether or not Microsoft should sell off its Bing and Xbox businesses has been going on for years. Regardless, the Redmond-based company has continued to invest in both ventures but with new CEO Satya Nadella at the helm, is now the right time to jettison the loss-making... 
