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  Microsoft says Mideast piracy costs $100mln/year
Time: 07:25 EST/12:25 GMT | News Source: Reuters | Posted By: Byron Hinson

Computer software piracy in the Middle East costs U.S. industry giant Microsoft Corp (NasdaqNM:MSFT - news) $100 million a year, although piracy has declined in some parts of the region, a senior company official said on Monday. ``Software piracy is costing the company yearly about $100 million in the Middle East and $12 billion worldwide,'' Bahram Mohazzebi, Microsoft's general manager for the Gulf and Eastern Mediterranean, told Reuters.
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