A cricket buff and poetry loving electrical engineer from Hyderabad Satya Nadella is the next occupant of the Microsoft corner office in Redmond from where Bill Gates built his software empire.
A poetry aficionado and a cricket fan, Microsoft's new CEO India-born Satya Nadella learnt lessons in teamwork and leadership by playing the gentleman's game.
Its Windows 8 system has shown no growth at all, disappointing investors.
Gates owns about 4.5 per cent of the $277 billion company and is its largest individual shareholder.
Microsoft discussed the possibility of buying out Adobe Systems at a recent meeting between their chief executives Steve Ballmer and Shantanu Narayen, says a media report.
The $9.5 billion Nokia deal was the last in a string of bad deals struck by Chief Executive Satya Nadella's predecessor, Steve Ballmer.
Qi Lu would join as president of online services group to lead its search and online advertising and all its online communications services, Microsoft Corp said. He would report to Microsoft chief executive officer Steve Ballmer, the statement added.
"Our partnership with Nokia is an important step forward ... The key there is not only to innovate on software, which we will work together over time, but also work on next- generation hardware innovations with them," Microsoft Chief Executive Officer Steve Ballmer said.
The company is announcing changes, including higher compensation, that would benefit employees, Microsoft CEO Steve Ballmer said in an internal memo.
My experience with a high-tech phone makes me ask a few questions which every potential user of such multi-feature devices should ask.
Interestingly, the companies are cutting jobs in India too, even as they have hiring plans in the country. For instance, software giant Microsoft recently said it would create employment opportunities in tune with the growth of the Indian economy.
Microsoft's India-born CEO Satya Nadella has been named the company's chairman, an additional role in which he will 'lead the work to set the agenda for the board.'
Microsoft sees significant adoption in industries such as banking and financial services.
A proposed online search advertising deal between Yahoo and Google came under fire at a US Senate hearing as Microsoft claimed that Yahoo CEO Jerry Yang had himself admitted that the agreement would hurt competition.
Following developments on Thursday, Microsoft is likely to pursue a hostile bid for Yahoo Inc takeover, people familiar with the proceedings said. Price will be a key factor if Microsoft turns hostile towards Yahoo. Microsoft's cash-and-stock offer was valued at $29.48 a share as of 4 p.m. on Thursday, on Nasdaq stock market composite trading. Yahoo had rejected this offer on the grounds of undervaluation. Microsoft had decided to up its bid as much as $ 33 per Yahoo share.
In January, the software major announced that it would trim 5,000 jobs over the next 18 months. Rattled by the adverse global economic conditions, Microsoft posted a fall in quarterly revenue for the first time in 23 years, last month.
Microsoft announced the biggest acquisition in its history by buying digital marketing firm aQuantive for $6 billion in an all-cash deal.
Anil Ambani-spearheaded Reliance Communications Ltd will on Thursday launch online video streaming on mobile phones, a service that would allow the company to mobile cast events to all its subscribers.
If the software giant gets tired of chasing Yahoo!, there are plenty of other ways it can spend $40 billion.
Billed as the biggest development centre outside America, the global IT giant Microsoft inaugurated a new campus in Hyderabad.
Global software behemoth Microsoft on Wednesday said it aims to capture a respectable marketshare in the popular online search engine space currently dominated by Google and Yahoo.
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Surprisingly, Jeff Bezos is the new entrant to the list and ends up holding the first position.
Gates has sold 20 mn shares each quarter under a pre-set trading plan
Finland's Nokia, once the undisputed leader in mobile phones, has been struggling to respond to the challenge from smartphone makers such as Apple and Samsung.
Nadella's journey, from being a Hyderabad boy to possibly helming one of the world's biggest technology companies is what dreams are made of.
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From Seema Hakhu Kachru Houston, Jul 12 (PTI) Software giant Microsoft has announced a long-awaited restructuring, organising itself around key areas designed to make the company more nimble in a fiercely-competitive technology sector. The company said in a release that it will deliver multiple devi ...
Dorsey works to rebuild employee morale and confidence at Twitter after a spate of high-level departures.
Nadella has been ranked fifth among 50 global corporate heads by Fortune Magazine in its annual 'Businessperson of the Year' compilation, followed by CEO of Milwaukee-based maker of water heaters A O Smith Ajita Rajendra on the 34th spot, HDFC Bank's Managing Director Aditya Puri on the 36th position and Banga on 40th.
Microsoft on Tuesday said it will offer commercial cloud services from local data centres in India by 2015 as the tech giant gears for competition for the estimated $2 trillion domestic market opportunity from rival firms like Google and IBM.
After Satya Nadella, Manipal University is celebrating another alumni's rise to the global boardroom, Rajeev Suri, who has been appointed as the CEO of Finnish firm Nokia.
Between 2000, when Steve Ballmer became the chief executive officer of Microsoft, and now, when he has announced his retirement, the company's earnings have more than doubled and its revenues have increased over three-fold.
Microsoft had acquired Nokia's phone business for $7.2 billion two years ago under its then CEO, Steve Ballmer.
Buying LinkedIn means Microsoft will control the best-known network.
Pune-based entrepreneur's unlisted company is already the largest vaccine manufacturer in the world and the networth has been helped by vaccine distribution and manufacturing potential of his business, it added. Recentrly, Serum struck an agreement with AstraZeneca to manufacture 1 billion doses of coronavirus vaccine being developed by Oxford University.
With the emergence of cloud computing, Microsoft has a real opportunity in India.
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