Microsoft has announced the formation of a new team for funding tech start-ups, called Microsoft Ventures, a name acquired from an existing division which will now be known as Microsoft Accelerator.
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A former BlackBerry's executive has announced his departure from the company to join Microsoft where he will work with startups; Saunders has also worked for Microsoft in the past.
The head of Microsoft's recently created venture arm, Microsoft Ventures, has resigned as he plans to start up a new company but he isn't saying much about his new venture.
Earlier this year, Microsoft announced that it wanted to work with home automation startups, and today the company has announced that ten companies have been selected to be part of the program.
Microsoft has opened an 'Innovation Lounge' in the Washington D.C. 1776 hub for small but growing businesses that is packed with the latest Microsoft hardware and software for the companies to use.
Microsoft has announced that its investment division Microsoft Ventures has made its first seed commitment to a company called SkyGiraffe. The exact amount of the investment was not announced.