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Sep 18, 2014

Oracle’s Ellison steps aside, co-CEOs Catz and Hurd take over

SAN FRANCISCO, Sept 18 (Reuters) – Oracle Corp’s
longstanding Chief Executive Larry Ellison stepped down on
Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, as
the business software company looks to modernize and fend off
fast-moving cloud-based rivals.

Ellison, who co-founded the database company that became
Oracle in 1977, will become executive chairman and chief
technology officer.

Sep 18, 2014

Microsoft lays off 2,100, axes Silicon Valley research

SEATTLE (Reuters) – Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz) will close its Silicon Valley research-and-development operation as part of 2,100 layoffs announced on Thursday, as it moves toward its new CEO’s goal of cutting 18,000 staff, or about 14 percent of its workforce.

News of the closure of the Microsoft Research lab at the company’s campus in Mountain View, California, was first made public on Twitter by employees. The company later confirmed the move and said it would involve the loss of 50 jobs.

Sep 15, 2014

Microsoft to buy Minecraft maker Mojang for $2.5 billion

STOCKHOLM/SEATTLE (Reuters) – Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz) has agreed to acquire the Stockholm-based developer of the wildly popular Minecraft video game for $2.5 billion, as it tries to lure a new and mostly young audience into its mobile world.

Minecraft – a construction game in which players can build nearly anything imaginable, block by block, in a digital, Lego-like world – has spread like wildfire since its full release by developer Mojang in 2011.

Sep 12, 2014

Analysis – Microsoft needs Minecraft to boost mobile ambitions

SEATTLE (Reuters) – Microsoft’s impending purchase of Mojang, the Swedish developer with 100 million players of its open world Minecraft game, is more aimed at pulling users onto the software company’s obscure mobile platform than its better known PC system or Xbox game console.

The software company’s Windows Phone system has only 2.5 percent of the world’s smartphone market, and its Surface tablet barely more, according to tech research firm IDC. Growth is hampered because many app and game developers ignore it.

Sep 12, 2014

Microsoft needs Minecraft to boost mobile ambitions

SEATTLE (Reuters) – Microsoft’s impending purchase of Mojang, the Swedish developer with 100 million players of its open world Minecraft game, is more aimed at pulling users onto the software company’s obscure mobile platform than its better known PC system or Xbox game console.

The software company’s Windows Phone system has only 2.5 percent of the world’s smartphone market, and its Surface tablet barely more, according to tech research firm IDC. Growth is hampered because many app and game developers ignore it.

Sep 4, 2014

Silicon Valley builds up in Microsoft’s backyard

SEATTLE (Reuters) – In the last week of August, Twitter entertained dozens of potential young recruits at a chic studio, while Facebook served drinks and snacks to job-seekers at its own office. More than 175 showed up to a similar event at Google in June.

San Francisco? No, Seattle, home of Microsoft Corp and Amazon and fast becoming a second home for Silicon Valley companies looking to access the city’s plentiful pool of relatively cheap tech talent.

Sep 4, 2014

Analysis – Silicon Valley builds up in Microsoft’s backyard

SEATTLE (Reuters) – In the last week of August, Twitter entertained dozens of potential young recruits at a chic studio, while Facebook served drinks and snacks to job-seekers at its own office. More than 175 showed up to a similar event at Google in June.

San Francisco? No, Seattle, home of Microsoft Corp (MSFT.O: Quote, Profile, Research) and Amazon and fast becoming a second home for Silicon Valley companies looking to access the city’s plentiful pool of relatively cheap tech talent.

Aug 20, 2014

Ex-CEO Ballmer quits Microsoft board to focus on NBA’s Clippers

SEATTLE (Reuters) – Former Microsoft Corp Chief Executive Steve Ballmer has left the software company’s board in order to spend more time on his newly acquired Los Angeles Clippers basketball team, but said he plans to hang on to his 4 percent stake in Microsoft.

“I see a combination of the Clippers, civic contribution, teaching and study taking a lot of time,” Ballmer said in a letter to Microsoft CEO Satya Nadella made public by Microsoft on Tuesday.

Aug 19, 2014

Former Microsoft CEO Steve Ballmer leaves board

SEATTLE (Reuters) – Former Microsoft Corp Chief Executive Steve Ballmer, the new owner of the Los Angeles Clippers basketball team, has left the software company’s board in order to spend more time on his new project.

“I see a combination of the Clippers, civic contribution, teaching and study taking a lot of time,” said Ballmer in a letter to Microsoft CEO Satya Nadella made public by Microsoft on Tuesday.

Jul 25, 2014

Seattle man gets one and a half years for Microsoft insider trades

SEATTLE (Reuters) – An online stock trader who profited from inside information passed to him by a former Microsoft Corp finance employee was sentenced to 1-1/2 years in prison in Seattle on Friday.

Sean Stokke had pleaded guilty to charges of insider trading, which federal prosecutors said netted more than $400,000(235,711 pounds) in illicit profits over an 18-month period for him and his Microsoft accomplice, Brian Jorgenson.

    • About Bill

      "Bill Rigby is Reuters' chief correspondent in Seattle, reporting on Microsoft and Boeing and overseeing coverage of general news in Washington state, Oregon and Alaska. He has been a Reuters journalist since 1998, reporting on banks, insurers, stock markets, defense companies and airlines from Reuters bureaux in London, New York and Seattle."
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