Latest in Angel

Image credit:

Bing Fund taking shape to help Microsoft search for the next big thing in online services

Tim Stevens
07.09.12
Share
Tweet
Share
Save

Sponsored Links

Microsoft's Online Services Division (OSD) hasn't exactly had a lot of good news to share lately, most painful being the recent $6.2 billion write-down thanks to the aQuantive acquisition, so it's turning to a higher power for its next bet. The company appears to be creating an angel incubator called the Bing Fund, which would foster startups that could "bring a wave of innovation to OSD" -- which currently includes MSN, adCenter and, of course, Bing. While the company is being slightly coy about the details of Bing Fund, hosting only the tangerine teaser shown above at BingFund.com, some digging by ZDNet's Mary Jo Foley has revealed that Rahul Sood will be the chief cherub of this angel fund, stepping away from the Entertainment and Devices Division (aka the Xbox Division). Who better, we say, than the open-minded Voodoo PC founder who famously cut his chocolate birthday cake with a MacBook Air and later said: "Every executive in the PC industry should use an Apple notebook."

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share
Save

Popular on Engadget

Ransomware attack in Texas targets local government agencies

Ransomware attack in Texas targets local government agencies

View
Tesla's relaunched solar power efforts include $50 panel rentals

Tesla's relaunched solar power efforts include $50 panel rentals

View
After Math: Plead the fifth

After Math: Plead the fifth

View
The best smart home sensors for Alexa

The best smart home sensors for Alexa

View
Drako's GTE electric supercar will be a four-motor, 1,200HP monster

Drako's GTE electric supercar will be a four-motor, 1,200HP monster

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr