HomeAdvisor, the MSN Web site Microsoft spun off as a separate company earlier this year, has received $100 million in investments from the Chase Manhattan Mortgage and GMAC-Residential Funding mortgage loan companies. In exchange for the cash infusion, both groups will now be using Microsoft and HomeAdvisor technology on their own sites.
Amazon.com and Microsoft are joining together to set up an e-book store inside Amazon's existing site. In exchange for Amazon's help selling its books, Microsoft will provide a customized version of its Reader software for the site's customers. An Amazon.com spokesman made clear that the deal will not be exclusive, with the site free to sell e-books from other companies. Microsoft has a similar deal with barnesandnoble.com.
On the 29th day of August Microsoft announced an investment in Big Huge Games, a small game publisher with no titles released to date. According to a press release, the unspecified equity investment gives Microsoft exclusive rights to publish and distribute any software released by BHG.
According to a Japanese media outlet, about 150 employees of Microsoft Japan have been ordered to pay some $28 million (US) in back-taxes on $65 million in undeclared earnings from stock options. The local government has refused to comment on the reports, while Microsoft Japan chose to simply say that it does not track gains or losses made on stock options, and the filing of tax documents is a responsibility held by individual employees.

MS dumping Win95 support in next version of Office?

Report Questions a Number in Microsoft Trial

Experts corroborate Windows, IE security hole

MicrosoftÕs Money 2001 gets personal

MS takes X-box to digital VCR market

IBM, Microsoft, Ariba team on e-commerce standard

Microsoft won't fix new Windows security flaw

Microsoft glitch leaves IM contact lists vulnerable

Microsoft: The next quarter century