Windows closed? Not quite.
Tech giants Microsoft are in hot water over their new tablet, the Surface RT; namely their financial reporting. Although technologically impressive and a comparable product to the Apple iPad, Microsoft’s latest offering did not exactly fly off the shelves. Low sales and failed expectations led Microsoft to write down about $900 million. The class-action lawsuit claims Microsoft committed fraud by falsely reporting information to their investors. The earnings report in the fourth financial quarter of 2013 was, in simple terms, not good. Read more
