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All Posts Tagged Tag: ‘Steve Ballmer’

Microsoft CEO Steve Ballmer’s Tearful Goodbye

Steve Ballmer announced to an arena of Microsoft employees that, after 33 years with the company, he will resign as its CEO within 12 months. On June 11, 1980,  Steve Ballmer became the 30th member of the Microsoft company and the first business manager hired by Bill Gates. In 1981,  Microsoft became incorporated, and Ballmer acquired 8 percent of the …

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Microsoft Explains The Rationale Behind Its Nokia Purchase

By now, it’s no secret that Microsoft is purchasing Nokia’s Devices and Services business. With the purchase, Microsoft will integrate Nokia’s hardware business into its own to help push Windows Phone 8 forward. The market isn’t being too kind on the news this morning, but Microsoft assures its investors that the purchase will benefit them in the end. As part …

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Microsoft’s Nokia Purchase Is Causing Another Organizational Shuffle

Early this morning, Microsoft announced its intention to purchase Nokia’s Devices and Services business for $5 billion. It also paid $2.18 billion to license Nokia’s patents. It’s a deal that many are surprised didn’t come sooner, but Microsoft may have been waiting until it announced its reorganization before making the purchase. In an email sent to all Microsoft employees by …

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Microsoft Buys Nokia’s Phones Unit, Brings Elop Back

Microsoft and Nokia announced that the former will acquire the latter’s devices and services business for 3.79 billion Euros ($5 billion), and will pay 1.65 billion Euros ($2.18 billion) to license Nokia’s patents, bringing the total transaction price to 5.44 billion Euros ($7.17 billion) in cash. The deal will also bring Nokia CEO Stephen Elop, a former Microsoft employee, back …

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There Is A Reason Behind Ballmer’s Sudden Retirement [Report]

On Friday, Steve Ballmer announced that he would be retiring as CEO of Microsoft within the next 12 months. The stock market had a field day with the news, but the rest of us were were wondering why the longtime CEO was suddenly leaving right after announcing his intention to restructure Microsoft into a devices and services company. According to …

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Microsoft Stock Surging on Ballmer Retirement News

Microsoft CEO Steve Ballmer announced this morning that he will be stepping down from his position within the next 12 months. The executive has been a part of Microsoft for over 33 years, joining the company as its first business manager and only its 30th employee. Ballmer praised his executive team in a statement this morning, saying that “now is …

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Let’s Celebrate The Strange And Wondrous Career Of Steve Ballmer

Microsoft CEO Steve Ballmer announced today that he would be retiring within the next 12 months after working with the tech company for more than 30 years. To celebrate the life and career of Microsoft’s energetic CEO, here’s a collection of Ballmer’s best moments from YouTube user mekintosz7. It includes everything from his time as a Windows 3.1 salesman all …

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Steve Ballmer To Retire As Microsoft CEO Within 12 Months

For the past 13 years, Steve Ballmer has ruled Microsoft as its CEO. He oversaw the rollout of four Windows operating systems including the most recent Windows 8. Most of us thought he’d be around for the release of Windows 9, or whatever else is next, but it looks like the CEO that wouldn’t quit is finally doing just that. …

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Watch Steve Ballmer Talk About Microsoft’s Big Restructuring Plan

On Thursday, Microsoft CEO Steve Ballmer announced a massive restructuring of the core Microsoft business. The strategy calls for Microsoft to realign itself as a single entity focused on one goal – keeping people in the Windows ecosystem. Ballmer announced the restructuring plans at a Microsoft Town Hall Meeting where he outlined the plan in detail to Microsoft’s employees and …

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Microsoft’s New Windows Strategy Is Full Of Potential, But It Could Easily Backfire

For a while now, it’s been rumored that Microsoft was planning a massive internal restructuring that would turn it into a devices and services company. What that means is that Microsoft would be more like Apple in that it creates hardware to deliver its services to consumers. In a memo released today detailing said restructuring, Microsoft CEO Steve Ballmer gave …

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Ballmer Outlines Microsoft’s Big Restructuring

News came out earlier this week that Microsoft would announce a restructuring plan on Thursday. Well, it’s Thursday, and the announcement has just come out. CEO Steve Ballmer said in an email to Microsoft employees that the company has released to the public, “Going forward, our strategy will focus on creating a family of devices and services for individuals and …

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Microsoft Restructuring Plan Could be Unveiled on Thursday

Earlier this month, Microsoft’s Don Mattrick, president of the Xbox division, left the company to become the CEO of struggling mobile game developer Zynga. The move was quite sudden, with Microsoft left leaving CEO Steve Ballmer in charge of this fall’s launch of the new Xbox home console, the Xbox One. Though the reasons for Mattrick’s departure were the subject …

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