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Microsoft gives up YouTube chase | |
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| Time: 17:20 EST/22:20 GMT | News Source: CNET | Posted By: Andre Da Costa | ||
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SAN FRANCISCO--In the coming months, Microsoft plans to significantly scale back Soapbox, the video site it once hoped might take on YouTube in the user-generated content arena. In an interview on Tuesday, Microsoft Vice President Erik Jorgensen said Soapbox is one of the areas that Microsoft is pulling back on in the wake of a tough economic environment. His unit also recently pulled the plug on Microsoft Money, the company's personal finance software product. | ||
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