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Let the robots take our jobs
In Wired, Kevin Kelly argues that an increasingly automated world of robotic technology won't be the job-killer many fear. Read more at Counterparties
Economic theory hates the fiscal cliff deal
Tech's hot new market: the poor
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Analysis: Republicans start new Congress bruised and divided
02 Jan 2013
U.S. drone strike kills important Taliban commander: sources
Gun checks soar 39 percent, set new record: FBI
02 Jan 2013
Bigger fights loom after "fiscal cliff" deal
02 Jan 2013
NY Times loses bid to uncover details on drone strikes
02 Jan 2013
Americans blame Republicans more than Democrats for ”fiscal cliff”: Reuters/Ipsos poll
”Fiscal cliff” tumble looms despite Senate efforts
French court rejects 75 percent millionaires’ tax
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Microsoft acquires start-up id8: source
Silicon Valley entrepreneur Krikorian quits Amazon board
Fri, Dec 28 2012
Owner of OpenTV slaps Netflix with patent lawsuit
Wed, Dec 19 2012
As global consumers shop mobile, Apple outshines rivals
Wed, Dec 12 2012
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The interior of a Microsoft retail store is seen in San Diego January 18, 2012.
Credit: Reuters/Mike Blake
By Alistair Barr
SAN FRANCISCO |
Wed Jan 2, 2013 7:30pm EST
SAN FRANCISCO (Reuters) - Microsoft Corp bought start-up id8 Group R2 Studios Inc as it looks to expand further in technology focused on the home and entertainment, a person familiar with the situation said on Wednesday.
id8 Group R2 Studios was started in 2011 by Silicon Valley entrepreneur and investor Blake Krikorian. It recently launched a Google Android application to allow users to control home heating and lighting systems from smartphones.
Krikorian's Sling Media - which was sold to EchoStar Communications in 2007 - made the "Slingbox" for watching TV on computers.
Krikorian will join Microsoft with a small team, according to the Wall Street Journal, which reported the acquisition earlier on Wednesday. Microsoft also purchased some patents owned by the start-up related to controlling electronic devices, the newspaper added.
Krikorian and a Microsoft spokesman declined to comment.
Krikorian resigned from Amazon.com Inc's board in late December after about a year and a half as a director at the company, the Internet's largest retailer.
(Reporting By Alistair Barr; Editing by Steve Orlofsky)
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