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Aug 27, 2013

Microsoft: The insiders who could be CEO

SEATTLE (Reuters) – Microsoft Corp has a stable of senior executives who could be contenders to succeed Chief Executive Steve Ballmer, even though outsiders have sparked the most discussion so far.

After Ballmer’s surprise announcement on Friday that he would retire within a year, the board’s lead independent director John Thompson, who heads the search for the new CEO, said the planned transformation of the software giant into a fast-moving ‘devices and services’ company is still on track.

Aug 27, 2013

New Microsoft CEO faces big choices post-Ballmer

SEATTLE (Reuters) – The next CEO of Microsoft has one big decision to make: press on with retiring chief executive Steve Ballmer’s ambitious plan to transform the software giant into a broad-based devices and services company, or jettison that idea and rally resources around its proven strength in business software.

Ballmer’s grand design – unveiled just six weeks before Friday’s surprise announcement that he would retire within a year – calls for ‘One Microsoft’ to pull together and forge a future based on hardware and cloud-based services.

Aug 26, 2013

Analysis: New Microsoft CEO faces big choices post – Ballmer

SEATTLE (Reuters) – The next CEO of Microsoft Corp has one big decision to make: press on with retiring chief executive Steve Ballmer’s ambitious plan to transform the software giant into a broad-based devices and services company, or jettison that idea and rally resources around its proven strength in business software.

Ballmer’s grand design – unveiled just six weeks before Friday’s surprise announcement that he would retire within a year – calls for ‘One Microsoft’ to pull together and forge a future based on hardware and cloud-based services.

Aug 25, 2013

Microsoft, Motorola set for second round of trial over patents

SEATTLE, Aug 25 (Reuters) – Microsoft Corp takes on
Google’s Motorola Mobility unit this week in the second
of two landmark trials between the companies that delve into hot
disputes over the patents behind smartphone and Internet
technology.

The jury trial, starting Monday in federal court in Seattle,
is set to resolve whether Motorola breached its contract with
Microsoft to license on reasonable terms its so-called standard
essential patents, covering wireless and video technology used
in the Xbox game console.

Aug 23, 2013

Steve Ballmer ends run as Microsoft’s relentless salesman

SEATTLE, Aug 23 (Reuters) – Few CEOs wielded more power than
Microsoft chief Steve Ballmer.

And yet the company’s first and foremost salesman never
gained the respect he deserved for his role in transforming Bill
Gates’ tiny startup in the woods outside Seattle into the
world’s largest software maker.

Aug 23, 2013

Microsoft CEO Ballmer to retire within 12 months

SEATTLE/NEW YORK (Reuters) – Microsoft Corp Chief Executive Steve Ballmer unexpectedly announced his retirement on Friday, ending a controversial 13-year reign at the head of the world’s largest software company and sending the company’s shares up nearly 6 percent.

Ballmer, 57, took over from co-founder Bill Gates in January 2000, but his leadership was questioned throughout his tenure by Wall Street and Silicon Valley, as Microsoft’s stock price floundered and the company that drove the personal computer revolution was overtaken by Apple Inc and Google Inc in the shift toward mobile computing.

Aug 14, 2013

Cisco cutting 4,000 jobs, CEO sees ‘slow’ progress

By Bill Rigby

(Reuters) – Network equipment maker Cisco Systems Inc is cutting 4,000 jobs, or 5 percent of its workforce, as it makes a fresh attempt to reduce costs and refocus on growth areas as it faces uncertain demand for its networking equipment.

“The environment in terms of our business is improving slightly but nowhere near the pace that we want,” said Chief Executive John Chambers on a conference call following its quarterly earnings.

Aug 7, 2013

How will Amazon’s Bezos change The Washington Post?

SEATTLE (Reuters) – Technology and media circles are abuzz at how e-commerce wunderkind Jeff Bezos plans to modernize The Washington Post, a money-losing bastion of the old economy.

Among the top predictions: the man who transformed retailing will want to wean the venerable paper off its print edition; expand the Post’s real-time content for a Twitter generation; share Amazon’s near-unparalleled data on online buyers; and devise novel avenues to sell anything from books to smartphones to the Post’s half a million readers.

Aug 6, 2013

Newsmaker: Jeff Bezos, tech pioneer to turn media baron

SEATTLE (Reuters) – Jeff Bezos, founder of Amazon.com Inc and soon to be the new owner of the Washington Post, is one of the few chief executives in corporate America who refuse to bow to Wall Street’s quarterly profit demands.

Since starting Amazon in 1994, he has frequently upset investors by spending heavily on long-term investments, even if it means missing analysts’ financial targets and sending the e-commerce giant’s stock price plunging.

Aug 6, 2013

Jeff Bezos, tech pioneer to turn media baron

SEATTLE, Aug 5 (Reuters) – Jeff Bezos, founder of Amazon.com
Inc and soon to be the new owner of the Washington
Post, is one of the few chief executives in corporate America
who refuse to bow to Wall Street’s quarterly profit demands.

Since starting Amazon in 1994, he has frequently upset
investors by spending heavily on long-term investments, even if
it means missing analysts’ financial targets and sending the
e-commerce giant’s stock price plunging.

    • 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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