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  1. Although Satya Nadella is being widely praised as a terrific choice as Microsoft’s new CEO, he won’t be completely free of Bill Gates and Steve Ballmer, his two predecessors who will stay on at the company as a technology advisor and a board member, respectively. The very well-connected Bob Cringely writes that that Nadella would be wise to keep Gates at his side early in his tenure because he’ll need Gates to help him to get Ballmer to back off if he decides to diverge from the outgoing CEO’s plan to remake Microsoft into a devices and services company. “Ballmer still owns 333 million Micro
  2. For the past few years, Microsoft Chairman Bill Gates has attended, but has not spoken, during the company's annual shareholder meeting. That changed today when Gates made a brief address during today's 2013 shareholder event, held in Bellevue, Wash. Gates talked about several subjects during his address to Microsoft shareholders, which was also livestreamed on the Internet. One of the bullet points was the search for a new chief executive to replace the retiring Steve Ballmer. Gates said that the search committee, which he is a member of, has been meeting regularly, including a gathering
  3. By Bogdan Popa January 30th, 2014, 10:28 GMT Microsoft could announce the name of Steve Ballmer’s successor as soon as next week, according to a new report, with all bets currently on cloud boss Satya Nadella. According to Recode, who cites sources close to the matter, Microsoft has almost completed the selection of a new CEO, so an announcement on the matter is prepared for the next week. Even though more than 100 candidates have been involved in the talks, it turns out that Satya Nadella will be the one to take over from Ballmer, with BUILD 2014 to mark his first public appearance as a Mic
  4. By Norman Young 02-04-14 11:00 AM Satya Nadella's insider status has given him the experience to continue reinventing the software giant for the post-PC world, says Morningstar's Norm Young. As had been widely expected, Microsoft (MSFT) has named Satya Nadella as its next CEO. Additionally, Bill Gates has stepped down from his role as chairman of the board and now holds the title of founder and technology advisor, while independent director John Thompson will assume the role of chairman of the board. We remain comfortable with our $39 fair value estimate and wide moat rating. The selection of
  5. It's no secret that Bill Gates isn’t short of a dollar or two. Truth be told, he really isn’t too badly off at all. Oh, OK... he's completely rolling in money! Earlier in the year he managed to regain his title of being the world's richest person, and throughout 2013 the Microsoft founder's fortunes have continued to grow. Over the last twelve months, Gates' coffers have swelled by $15.8 billion, increasing his fortune to a staggering $78.5 billion. While usually associated with Microsoft, Gates has also invested in a number of other companies that have helped to increase his worth. In fac
  6. Sony is dumping its PC business, and while that may appear like it will be repudiating its relationship with Microsoft, it may not be the case, after all. Sony CEO, Kazuo Hirai has hinted at something we saw coming already, Sony’s inclination towards making a Windows Phone. Let's address the elephant in the room first. It didn't come as a huge surprise when Sony pulled out of the PC business, as it had become a black hole for the company's money. Losing one of its biggest OEM partners wasn't something Nadella would have wanted to happen in his first week as CEO. To make matters worse, Hirai
  7. geeteam

    Nokia Appoints New CEO

    Starting on May 1 Nokia will have a new CEO – Rajeev Suri. Suri has been with Nokia since 1995 and has been the CEO of Nokia Siemens Networks (now rebranded Nokia Networks) since October 2009. Considering Nokia Networks is the big bread earner in the new Nokia, the one after the sale of the phone division, the choice makes sense. “As Nokia opens this new chapter, the Nokia Board and I are confident that Rajeev is the right person to lead the company forward,” said Risto Siilasmaa, Chairman of the Nokia Board of Directors. Siilasmaa served a sinterim CEO, but will go back to his Ch
  8. We've seen a steady stream of potential suitors for BlackBerry in recent months, but unnamed sources are now claiming ex-Apple CEO John Sculley is looking into taking control of the company. The Globe and Mail reports that Sculley, who famously helped oust Steve Jobs from Apple in the '80s, is working with partners in "exploring a joint bid" for the troubled Canadian smartphone maker. Although he refused to confirm or deny the rumor, Sculley has long been a fan of the company. Speaking to The Globe and Mail, Sculley says "there's a lot of future value in Blackberry," but that "without
  9. Today was always going to be a momentous day for BlackBerry, with a looming deadline for its proposed takeover deal with Fairfax Financial Holdings. As it turns out, the full takeover isn't taking place, but the company is going to receive an investment of $1 billion from Fairfax and a group of other institutional investors as it seeks to steer a new course. That will involve some major reshuffling at board level, starting with CEO Thorsten Heins, who is stepping down to be replaced by interim CEO John S. Chen. In the wake of the news, BlackBerry's already battered stock price has taken yet an
  10. Feb 1, 2014, 07.02 AM IST HYDERABAD/MANGALORE: Many in NGO circles in Hyderabad and Delhi still remember B N Yugandhar. He was Prime Minister's special secretary and known for his NGO leanings. Ultimately, this 1962 batch IAS offi cer landed in the Planning Commission as a member. On Friday, when TOI caught up with him outside his modest house in the swanky Sagar Society of Banjara Hills, he was just returning from his evening walk. "I know why you have come, but can I talk to you after a few weeks? I can't be talking about him at this juncture," Yugandhar said leaning on his walking stick. T
  11. In a new interview with The Wall Street Journal, Apple CEO Tim Cook was asked for his thoughts on Google's pending sale of Motorola to Lenovo. "I wasn't surprised," Cook said, calling the deal "a logical transaction." Cook pointed out that Motorola was a financial disaster for Google — a point many others have raised as reason enough for a sale. But Apple's chief executive also took a shot at Mountain View, describing Motorola as something that Google wasn't "committed to." "I think it’s really hard to do hardware, software and services and to link all those things together," said Cook, rep
  12. Microsoft co-founder and Chairman Bill Gates may want to focus most of his efforts on the charity work with the Bill and Melinda Gates Foundation, but in a new interview with the Financial Times Gates admitted that he's working a lot more at Microsoft than he first agreed to do. When Gates decided to stop working full time at Microsoft, he did pledge to spend one day a week at the company he helped to build. However, the FT interview, which is mostly about his philanthropic work, does say that matters at Microsoft take up a "bigger slice of his time", which include regular meetings with so
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