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Microsoft buys Skype: Loaded

About Video Transcript

Loaded: Microsoft buys Skype

2:28 /

Adobe releases three new Photoshop apps for the iPad, YouTube expands its movie rental library, Google readies a test version of Google Music, and Microsoft buys Skype.

IT'S TUESDAY, MAY 10TH. I'M JEFF BAKALAR, AND IT'S TIME TO GET LOADED. MICROSOFT HAS AGREED TO BUY VIDEO-CONFERENCING GIANT, SKYPE, FOR $8.5 BILLION. THIS IS BIG NEWS FOR XBOX 360 OWNERS, AS MICROSOFT CEO STEVE BALLMER HAS SAID THE COMPANY WILL INTEGRATE SKYPE TECHNOLOGY WITH KINECT AND XBOX 360. "GOOGLE IS GETTING READY TO LAUNCH A TEST VERSION OF A NEW DIGITAL MUSIC SERVICE THAT WILL ALLOW USERS TO UPLOAD THEIR OWN LIBRARY TO THE COMPANY'S SERVERS AND ACCESS THEM FROM A CONNECTED DEVICE.. MUSIC BETA BY GOOGLE WILL FIRST BE AVAILABLE BY INVITATION ONLY, BUT YOU CAN REQUEST ACCESS BY HEADING OVER TO MUSIC.GOOGLE.COM. " CONSUMER REPORTS HAS JUST PUBLISHED A STUDY CLAIMING 7.5 MILLION FACEBOOK USERS ARE UNDER THE SITE'S MINIMUM AGE OF 13. THE SURVEY FALLS IN LINE WITH SIMILAR ONES CONDUCTED, DISCOVERING 37 PERCENT OF 10 TO 12 YEAR OLDS ARE ON THE SOCIAL NETWORKING WEBSITE. OF COURSE THIS IS A DIFFICULT ISSUE TO ENFORCE AS THE ONLY USERS BEING WEEDED OUT ARE THOSE WHO HAVE DIFFICULTY SUBTRACTING 13 FROM 2011. YOUTUBE IS EXPANDING ITS MOVIE RENTAL LIBRARY. THE COMPANY LOOKS TO ADD ROUGHLY 3000 NEW TITLES FROM STUDIOS LIKE NBC UNIVERSAL, SONY PICTURES, AND WARNER BROS. SOME OF THE SITES 20,000-PLUS PARTNERS ARE ALSO RAMPING UP THE PRODUCTION OF ORIGINAL CONTENT, WHICH YOUTUBE SAYS WILL BE ARRIVING IN THE COMING YEAR. OVER 23,000 PEOPLE MAY SOON BE GETTING NOTIFICATIONS THAT THEY ARE BEING SUED FOR DOWNLOADING THE SYLVESTER STALLONE FILM, "THE EXPENDABLES." A FEDERAL JUDGE HAS AGREED TO ALLOW THE COMPANY--THE U.S. COPYRIGHT GROUP--TO SUBPEONA I-S-PS. ALL TOLD UP TO 140,000 MAY BE TARGETED ACROSS THE COUNTRY. ADOBE HAS RELEASED THREE NEW PHOTOSHOP APPS FOR THE IPAD. THE FIRST, CALLED EAZEL IS A MULTITOUCH PAINT PROGRAM FOR FIVE DOLLARS. ADOBE COLOR LETS DESIGNERS CREATE COLOR THEMES FOR THREE DOLLARS, AND FINALLY ADOBE NAV LETS USERS CONTROL PHOTOSHOP REMOTELY FROM AN IPAD FOR JUST TWO DOLLARS. THOSE ARE YOUR HEADLINES FOR TODAY, IM JEFF BAKALAR FOR CNET. COM AND YOU'VE JUST BEEN LOADED.

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