
Microsoft Corporation (NASDAQ:MSFT) is apparently in talks with Ericsson (NASDAQ:ERIC) (STO:ERIC-A) (STO:ERIC-B) to sell its TV streaming software. The news comes as Ericsson prepares to exit its mobile chip joint venture with STMicroelectronics N.V. (NYSE:STM). The company announced today that it had finished reducing its presence in Sweden, including the elimination of almost 1,400 jobs. Today Bloomberg cites sources who say a transaction between Microsoft Corporation (NASDAQ:MSFT) and Ericsson could be announced within weeks....
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