New York Times | Biz Break: Microsoft's sells Silicon Valley subsidiary, Xbox rumors propel AMD San Jose Mercury News Today: Microsoft sells a Silicon Valley subsidiary and reports that it will use AMD chips in new Xbox send Sunnyvale chipmaker up 13 percent. Also: Alcoa, J.C. Penney and Gilead make after-hours moves, Apple (AAPL) gains in regular trading. Microsoft sells ... From the rumor mill: Next-gen Xbox won't be backwards-compatible AMD shares get late boost on Xbox report Xbox Stingray Could Take the Sting out of Aging Console Prices |

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