Tag Archives: SteveBallmer
Microsoft and Google agree to work out regulatory disputes
Microsoft and Google have reached a worldwide ceasefire agreement in their ongoing regulatory disputes, Re/code reports today. In September, the two tech superpowers dropped the boatload of lawsuits they'd carried against each other for years. Today,...
Steve Ballmer says he couldn’t change Microsoft fast enough
Steve Ballmer's announcement that he would retire from Microsoft came as something of a surprise, and left many wondering whether his eventual exit is voluntary. Thanks to an interview with the outgoing CEO at the Wall Street Journal, we now know that it is -- although it's coming after intense pressure. Ballmer explains that the company board of directors has been pushing him to speed up Microsoft's transformation into a devices and services company ever since January. By May, he decided that his own way of thinking was slowing down the transition; he was the "pattern" that had to break. New leadership might reshape the company at a faster pace, Ballmer says. While the success of his strategy will depend heavily on just who takes the reins next year, it's clear that the chief executive is willing to sacrifice a lot to keep Microsoft healthy... including himself.
Filed under: Cellphones, Misc, Software, Microsoft
Via: Business Insider
Source: Wall Street Journal
Steve Ballmer says he couldn’t change Microsoft fast enough
Steve Ballmer's announcement that he would retire from Microsoft came as something of a surprise, and left many wondering whether his eventual exit is voluntary. Thanks to an interview with the outgoing CEO at the Wall Street Journal, we now know that it is -- although it's coming after intense pressure. Ballmer explains that the company board of directors has been pushing him to speed up Microsoft's transformation into a devices and services company ever since January. By May, he decided that his own way of thinking was slowing down the transition; he was the "pattern" that had to break. New leadership might reshape the company at a faster pace, Ballmer says. While the success of his strategy will depend heavily on just who takes the reins next year, it's clear that the chief executive is willing to sacrifice a lot to keep Microsoft healthy... including himself.
Filed under: Cellphones, Misc, Software, Microsoft
Via: Business Insider
Source: Wall Street Journal
Ballmer confirms what we all knew: Elop candidate for Microsoft CEO job
File this one in the "Well, yeah," department. Stephen Elop may have stepped down from his CEO gig at Nokia, but Microsoft's former head of its Business Division may still harbor C-level dreams. In an interview with The Seattle Times, Redmond's soon-to-be-former CEO Steve Ballmer confirmed that Elop is in the running for his gig, stating, "Stephen will go from external [candidate] to internal." So the personable mobile exec will be keeping his name badge either way -- time will tell, of course, which washroom he ultimately gets the key for.
Filed under: Cellphones, Mobile, Microsoft, Nokia
Source: Seattle Times
Microsoft to acquire Nokia’s devices & services business for around $5 billion (Update: due early 2014)
Whoa. Big news from the middle of the night. According to Nokia, Microsoft will purchase "substantially" all of Nokia's device and service arms as well as licensing the phone maker's patents and mapping know-how. The Redmond company will pay Nokia a cool 3.79 billion euros ($4.99 billion) for the business, and 1.65 billion euros ($2.18 billion) for its patent armory.
Microsoft hopes that allying with its biggest Windows Phone manufacturer will speed up growth (and improve its smartphone market share) -- the company is already promising "increased synergies." CEO Steve Ballmer added: "It's a bold step into the future - a win-win for employees, shareholders and consumers of both companies. Bringing these great teams together will accelerate Microsoft's share and profits in phones, and strengthen the overall opportunities for both Microsoft and our partners across our entire family of devices and services."
According to the companies' press releases, 32,000 people will transfer across Microsoft, including 4,700 people in Finland and 18,300 employees directly involved in product manufacture. If you thought it was only the Windows Phone component of the phone business, you'd be wrong: Microsoft will also take into ownership Nokia's Asha range of feature phones. Patent-wise, Microsoft gets 10-year non-exclusive license to its Finnish partner's library of ideas and "reciprocal rights" to use Microsoft patents within its HERE mapping services. While Microsoft will be able to use the Nokia branding on its products, the Finnish company will now focus on its mapping, infrastructure and advanced tech arms.
Update: In Microsoft's presentation on the rationale of the acquisition, the two parties state that "we are confident about our prospects for approval by early 2014." Just a few more months to go!
Filed under: Cellphones, Mobile, Microsoft, Nokia
Source: Nokia
Weekly Roundup: Gamescom 2013, Ballmer stepping down, Connecting Cape Town, and more!
You might say the week is never really done in consumer technology news. Your workweek, however, hopefully draws to a close at some point. This is the Weekly Roundup on Engadget, a quick peek back at the top headlines for the past seven days -- all handpicked by the editors here at the site. Click on through the break, and enjoy.
Daily Roundup: Camera buyer’s guide, Droid Ultra review, Steve Ballmer stepping down, and more!
You might say the day is never really done in consumer technology news. Your workday, however, hopefully draws to a close at some point. This is the Daily Roundup on Engadget, a quick peek back at the top headlines for the past 24 hours -- all handpicked by the editors here at the site. Click on through the break, and enjoy.
Microsoft: Steve Ballmer stepping down within a year
One thing's for sure: we'll certainly miss keynote dances and chants of, "Developers! Developers! Developers!" when Steve Ballmer steps down from his job as the head of Microsoft some time within the next 12 months -- no matter who the John Thompson-chaired succession committee picks to fill his shoes. There aren't a ton of details regarding the decision at the moment -- though a press release issued by the company (which you can find in all of PR speak glory below) is certainly positioning the move as voluntary on Ballmer's part, stating that the exec, "has decided to retire."
No direct replacement has been lined up, and as such, he'll remain on-board as CEO until the committee finds the right person. Along with Thompson, Bill Gates, Chuck Noski and Steve Luczo will also take part in the search. Gates had some nice things to say about his successor and old pal, "We're fortunate to have Steve in his role until the new CEO assumes these duties." For his part, Ballmer continues to sound bullish when it comes to the company's future, "there is never a perfect time for this type of transition, but now is the right time. We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. My original thoughts on timing would have had my retirement happen in the middle of our company's transformation to a devices and services company. We need a CEO who will be here longer term for this new direction."
Update: Well, ask and ye shall receive. Just like that, Microsoft has revealed Ballmer's "internal email" to the staff. We've included that below, just under the aforementioned press release. The opening of the letter is comprised of the same quote Microsoft issued in this morning's release, as well as, interestingly, a link to press release itself. Ballmer goes on to praise current senior leadership and adds that the company has managed to balloon from "$7.5 million to nearly $78 billion," since the 30 staff member days when he first joined up. The note doesn't shed much more additional light on any future plans, though the executive does add that he will "[continue] as one of Microsoft's largest owners." The exit, he explains is "emotional" and "difficult." No doubt there will be much dancing and shouting in the months to come.
Update 2: The Seattle Times scored interviews with Ballmer and Thompson, revealing a couple of tidbits. First, Thompson notes that the CEO will, indeed, have some input on choosing his successor. In fully reflective mode, Ballmer (not shockingly, perhaps) admits that Vista was his biggest disappointment during his tenure. He also added that he plans to stay in Seattle post-retirement, so that tropical island paradise will have to wait. Also, as plenty have noted before us, the Wall Street reaction to news has been been initially fairly positive, so read into that what you will.
Filed under: Cellphones, Desktops, Displays, Gaming, Laptops, Peripherals, Tablets, Software, HD, Mobile, Microsoft
Microsoft’s metamorphosis: Ballmer restructures Redmond, focuses on services and devices
Rumors of a massive reorg in Redmond have been floating around for awhile now. And the noise reached a fever pitch when Don Mattrick left Microsoft for Zygna's (apparently) greener pastures -- purportedly because he didn't like the role he'd receive in the pending restructuring. Now, a mere ten days after the ex-Xbox chief's departure, we know what the new Microsoft will look like.
As expected, the company has been bifurcated into services and devices divisions, with Julie Larson-Green getting the nod as hardware chief and Terry Myerson becoming the Grand Poobah of Windows. Of course, quite a few other execs have seen their roles shift as well, with Qi Lu managing productivity, communication and search apps and services, and Satya Nadella heading up the company's cloud initiatives. Additionally, Skype president Tony Bates has been tapped to manage the Business Development and Evangelism group, where he'll lead corporate strategy and developer outreach.
There are even more changes afoot. CTO Eric Rudder is now responsible for an Advanced Strategy and Research group and Tami Reller is the new US marketing chief. COO Kevin Turner, CFO Amy Hood, General Counsel Brad Smith and Chief People Officer Lisa Brummel will maintain their current positions. Finally, Office president Kurt DelBene will be retiring from Microsoft, according to the company-wide reorganization email published on the company's site. So what this all this mean for MS? Hit up the source for a 2,700-word memo detailing Steve Ballmer's vision.
Filed under: Cellphones, Gaming, Tablets, Software, Microsoft
Via: AllThingsD
Source: Microsoft