Microsoft Corp., the worlds largest software maker, needs to accelerate the pace of product development to compete with Google Inc. and Apple Inc., co-founder Paul Allen said in an interview.



From Businessweek:

Microsoft’s Windows 7 phone software and XBox Kinect sensors, which help people play video games using physical motion instead of controllers, are “resonating with a younger audience” as the company tries to “get more momentum” in new technology markets, said Allen, 58, who spoke at an event at the 92nd Street Y in New York last night.

  Microsoft Needs to Accelerate Product Development, Allen Says