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  Microsoft CEO Backs Decision to Boost Spending
Time: 00:01 EST/05:01 GMT | News Source: *Linked Within Post* | Posted By: Kenneth van Surksum

Microsoft Chief Executive Officer Steve Ballmer addressed an investor conference this week, and backed the software giant’s month-old decision to sink some heavy cash into research and development (R&D), in an effort to tailor its business to the ever-changing world of the Internet and better position itself for competition with such Web heavies as Google, The Wall Street Journal reports.

Ballmer told the Microsoft investors that the company will continue to boost operating expenses, including higher capital expenditures and R&D costs, according to the Journal.

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