LS-HACKS

Microsoft and Verizon Wireless are in discussion to release an iPhone rival, according to the Wall Street Journal.

"MicrosoftCorp. is in discussions with Verizon Wireless to launch a touch-screenmultimedia cellphone on the carrier's network early next year, in a bidto compete with Apple Inc.'s iPhone, people familiar with the mattersay,"

-Amol Sharma and Nick Wingfield report for The Wall Street Journal.

"Microsoft'sproject, which is code-named 'Pink,' is aiming to produce a phone thatextends the tech giant's Windows Mobile cellphone operating system,adding new software capabilities. It would also likely includeMicrosoft's new Windows Marketplace for Mobile, a mobile applicationstore along the lines of Apple's, these people say,"

-Sharma andWingfield report.

Read More