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Jul 23, 2014

Microsoft sees end to Nokia losses, shares rise after hours

SEATTLE (Reuters) – Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years, helping its stock rise in after-hours trade.

The world’s largest software company reported a 7 percent dip in quarterly profit on Tuesday, chiefly due to incorporating the struggling handset business of the Finnish mobile pioneer.

Jul 22, 2014

Microsoft revenue rises, profit falls as Nokia absorbed

SEATTLE (Reuters) – Microsoft Corp reported a greater-then-expected 17 percent jump in revenue on Tuesday, beating Wall Street expectations, but its profit fell 7 percent, chiefly due to the costs of incorporating the struggling handset business of Nokia.

Shares of the world’s largest software company, which hit 14-year highs this week, rose 0.3 percent in after-hours trading.

Jul 17, 2014

Microsoft says to cut up to 18,000 jobs

SEATTLE, July 17 (Reuters) – Microsoft Corp said on Thursday it will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it trims its newly acquired Nokia phone business and reshapes itself into a cloud-computing and mobile-friendly software company.

The deepest job cuts in the company’s 39-year history come five months into the tenure of Chief Executive Officer Satya Nadella, who outlined plans for a “leaner” business in a public memo to employees last week.

Jul 17, 2014

Microsoft to cut 18,000 jobs this year as it trims Nokia

SEATTLE, July 17 (Reuters) – Microsoft Corp said on
Thursday it will slash up to 18,000 jobs, or 14 percent of its
workforce, this year as it trims its newly acquired Nokia phone
business and reshapes itself into a cloud-computing and
mobile-friendly software company.

The deepest job cuts in the company’s 39-year history come
five months into the tenure of Chief Executive Officer Satya
Nadella, who outlined plans for a “leaner” business in a public
memo to employees last week.

Jul 16, 2014

Microsoft starts taking EU ‘right to be forgotten’ requests

SEATTLE (Reuters) – Microsoft Corp on Wednesday started taking requests from individuals in Europe who want to be removed from its Bing search engine results following a court judgment in May guaranteeing the “right to be forgotten.”

Microsoft, whose Bing search engine has 2.5 percent of the European search market, follows market leader Google Inc which complied with the ruling in May, and started removing some search results last month.

Jun 19, 2014

Insight – Power of Microsoft’s Bing an open question in search industry

SEATTLE (Reuters) – Microsoft Corp’s new chief executive, Satya Nadella, likes to boast that Bing is growing and powers 30 percent of the Internet search market, making it a worthy competitor to Google Inc.

But within the advertising and research industries that measure and manage search as a business, Microsoft’s strength is an open question.

Jun 19, 2014

Power of Microsoft’s Bing an open question in search industry

SEATTLE (Reuters) – Microsoft Corp’s (MSFT.O: Quote, Profile, Research, Stock Buzz) new chief executive, Satya Nadella, likes to boast that Bing is growing and powers 30 percent of the Internet search market, making it a worthy competitor to Google Inc (GOOGL.O: Quote, Profile, Research, Stock Buzz).

But within the advertising and research industries that measure and manage search as a business, Microsoft’s strength is an open question.

Jun 10, 2014

Accused Seattle college shooter planned rampage: prosecutors

SEATTLE (Reuters) – A man accused of killing a Seattle Pacific University student and wounding two others in a shooting last week had recently visited the college and was intent on killing students and himself, according to entries in his journal released by prosecutors on Tuesday.

Aaron Ybarra, 26, has been charged with premeditated murder and attempted murder in Thursday’s shootings, according to documents released by prosecutors. He has been held without bail since the incident.

Jun 6, 2014

Accused Seattle gunman suffers severe mental illness, his lawyer says

SEATTLE (Reuters) – The man accused of killing one person and wounding two others in a shooting spree at a small Christian college in Seattle suffers from “significant and long-standing mental health issues” that were a factor in the tragedy, his lawyer said on Friday.

Speaking to reporters after a court hearing in which a judge ordered the suspect, Aaron Ybarra, 26, held without bail on suspicion of first-degree murder and assault, defense attorney Ramona Brandes also said her client had been involuntarily committed in the past because of mental illness.

May 21, 2014

Microsoft’s new Surface tablet takes aim at Apple’s MacBook

NEW YORK (Reuters) – Microsoft Corp unveiled a larger but lighter version of its Surface Pro tablet on Tuesday, hoping that the company’s expertise in business software will help it take on Apple Inc in mobile devices.

At a presentation in New York, new Chief Executive Officer Satya Nadella made it clear that Microsoft, which recently acquired Nokia’s handset business, is committed fully to making its own devices, despite a lack of success for its phones and tablets so far.

    • 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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