The careful dismantling of Steve Ballmer's legacy is moving apace. Microsoft just announced 18,000 job cuts, more than two-thirds of which relate to Nokia, the handset maker the former boss bought for $7.2 billion.
Microsoft chief Steve Ballmer has sold shares worth $1.34 billion in the software giant this month, offloading the company's shares for the first time in seven years.
Satya Nadella is a "proven leader" whose "strong technical skills and great business insights" will drive the world's leading technology company, says Microsoft's outgoing CEO Steve Ballmer about his successor.
Steve Ballmer would be dead in the water without Windows and Office, which he inherited.
Microsoft CEO Steven A Ballmer made a passionate presentation, introducing India to the Microsoft Cloud concept.
Microsoft Corporation CEO Steve Ballmer is perhaps the most expressive CEOs in the world.
Ballmer said he is proud of the fact that no company can beat Microsoft in terms of profit and he is not bothered about stock market assessment.
Microsoft is likely to buy around 15 companies this year, in line with previous years.
However, his backing as an investor is no guarantee of success for Twitter
Microsoft Chairman Bill Gates and retiring Chief Executive Steve Ballmer are standing for re-election to Microsoft Corp's board of directors, despite recent moves by some investors to reduce their influence.
Microsoft Corp Chief Executive Steve Ballmer took his farewell bow before thousands of applauding employees on Thursday with a typically loud and emotional performance at his last companywide meeting, talking up the software giant's prospects and taking swipes at rivals.
These two feature in Business 2.0's '10 people don't matter list'
India is 'relatively under-computerised' with only 4 million personal computers, as against China where the penetration of PCs stood at around 18 million, Microsoft Corporation Chief Executive Officer Steven A Ballmer said.
Earlier this year, Yahoo! had spurned a $47.5-billion takeover bid from the software giant. The deal was mainly opposed by its chief executive Jerry Yang. Yang who is a co-founder of Yahoo! had last month announced that he would step down as the chief executive but would remain with the firm.
Microsoft Corp said on Friday that Chief Executive Officer Steve Ballmer would retire within the next 12 months, once it has selected a successor, sending its shares up almost 9 per cent.
A group of Los Angeles investors also bid $1.2 billion for the team.
The Redmond-based company had announced in January that it would axe 5,000 jobs globally amid the ongoing slowdown.
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.'
These leaders also created wealth for their investors.
Compared to its peers, the company has not created shareholder value in the past 10 years.
These leaders also created wealth for their investors.
Microsoft Corp is betting a mix of old and young blood will revive the aging technology pioneer, but new Chief Executive Officer Satya Nadella may find it tough to push change with co-founder Bill Gates and former CEO Steve Ballmer breathing down his neck.
If Microsoft can't clearly define its destination, a confused organisational structure isn't going to help it get there.
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.
Emerging markets like India are crucial, given the investment Microsoft has made.
Surprisingly, Jeff Bezos is the new entrant to the list and ends up holding the first position.
While Google's phenomenal growth may by the envy of many, Microsoft Corp CEO Steve Ballmer criticised the Internet company for trying to grow too fast.
Take the Rediff Business Quiz and find out how much you know about some of the world's largest corporations and their chiefs.
Software giant Microsoft's new operating system, Windows 7, will be available in the market by Christmas 2009, the company's chief executive officer Steve Ballmer said on Wednesday.
As Microsoft's new search engine Bing competes for market share with well-established rivals Google and Yahoo, chief executive Steve Ballmer on Thursday said the company should have entered the online search engine market earlier at the same time is willing to make investments in its search business over the next five years.
Gates has sold 20 mn shares each quarter under a pre-set trading plan
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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 ...
Internet's second most popular search engine Yahoo! has said it was open to selling itself to Microsoft, but the software giant's chief executive Steven A Ballmer and his deal makers were not keen to negotiate and ultimately withdrew their proposal. Microsoft had offered to buy Yahoo, second only to Google, for $31 a share, or $44.6 billion, in February, but the search engine felt it was worth more.
Though Ballmer was caught off guard, he pulled himself together and went on record: "Oh no, not at all. Why should we be? We are the market leaders. Every day is a day of opportunities for us and we are eager to take those opportunities."
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 on Tuesday announced its decision to localise Windows and Office software in 14 Indian languages over the next 12 months and that the company would hire 'hundreds' in India this year.
Technology giant Microsoft is likely to name Indian-American top executive Satya Nadella to replace longtime chief Steve Ballmer as the new Chief Executive Officer, capping a five-month search for the only third CEO in the company's history.
These include executives from firms such as Google, Facebook and Apple.
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