Skype has officially become a member of the Microsoft family.

Jake managed to hack into the Xbox 360 servers for Call of Duty: Modern Warfare 2, and Microsoft wants to develop his talent for safe and legal use.

Microsoft Corp. announced today that they have entered into a definitive agreement to acquire internet communications company Skype for $8.5 billion in cash from the investor group led by Silver Lake.

Reports say Microsoft will not enter the tablet arena until late 2012 and a Samsung executive says that they are in trouble now that the thinner and price competitive iPad 2 has been announced.

Two of the most common names in the technology industry have announced their partnership in an effort to penetrate more in the mobile industry.

On the day that a gaming device will enable users to play video games without touching a game controller, a report was posted from a popular video gaming website that the device might be a little ‘racist’.

The much-awaited controller-free movement-sensing gaming device by Microsoft for its console XBox 360 will debut next month with several games to go along with it. Leading the pack of games will be that of the video game adaptation of the most popular book series to have hit bookstores in recent times.

“Windows Phone 7 is designed for small-screen devices such as smartphones and is not designed to work with larger screen devices.”

Microsoft has apologized to an Xbox Live player for suspending his account because they thought he was using an offensive name in his account for his hometown. The company apologized also to the town of Fort Gay, West Virginia due to the incident.

All employees of Microsoft across the globe will get a free handset that runs their latest mobile operating system. The company has around 90,000 employees worldwide which means that the announcement would cost them around 50 million dollars.