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Mar 25, 2014

Microsoft’s CEO may come out swinging

SEATTLE (Reuters) – Satya Nadella, the Indian-born self-described cricket fanatic who took over as Microsoft Corp’s chief executive last month, makes his public debut on Thursday and is expected to go on the offensive right away with some bold strokes.

When Nadella hosts his first major press conference this week, he’s likely to describe – if not officially launch – versions of Word, Excel and PowerPoint designed for Apple Inc’s iPad, looking to cash in on a market worth up to $7 billion a year, according to Wall Street analysts.

Mar 19, 2014

Major plane buyer sees Boeing, Airbus supply chain risk

SAN DIEGO, March 18 (Reuters) – Boeing Co and Airbus
are risking over-stressing the fragile aerospace supply
chain as they ramp up plane production to unprecedented levels
to meet strong demand, one of the world’s most influential plane
buyers said on Tuesday.

Steven Udvar-Hazy, chief executive of Air Lease Corp,
one of the world’s biggest aircraft lessors, is also urging the
two plane makers to build new jets to fill the gap between
larger twin-aisle aircraft and smaller narrow-bodied planes,
dubbing the proposed aircraft the ‘Boeing 797′ and ‘Airbus
A360′.

Mar 18, 2014

Malaysia jet mystery obsesses aero industry, just what to do unclear

SAN DIEGO (Reuters) – The global aviation industry is reverberating with shock as well as a range of theories over the fate of the missing Malaysia Airlines jet, but most in the business think the unsolved mystery is more of a tragic red herring than a wake-up call for drastic changes.

Despite the lack of new information, flight MH370 was at the top of the agenda on the street, at the pubs and in private meetings this week at the International Society of Transport Air Trading in San Diego, the annual gathering of 1,600 airplane makers, buyers and lessors.

Mar 17, 2014

Microsoft’s CEO may unveil Office for iPad on March 27 -source

March 17 (Reuters) – Microsoft Corp Chief Executive
Satya Nadella may unveil an iPad version of the company’s Office
software suite on March 27, a source familiar with the event
told Reuters, and use his first big press appearance to launch
the company’s most profitable product in a version compatible
with Apple Inc’s popular tablet.

Nadella, who replaced longtime CEO Steve Ballmer earlier
this year, will address the media and industry executives in San
Francisco on March 27.

Mar 17, 2014

GECAS may spend $4 billion on ship, chopper investments: CEO

SAN DIEGO (Reuters) – GECAS, the world’s largest aviation leasing firm, is looking at investing at least $4 billion in ship financing and helicopter leasing to diversify its portfolio – a potential move that reflects concerns over the value of some current jets.

The aviation leasing arm of General Electric Co (GE.N: Quote, Profile, Research, Stock Buzz) invests up to $7 billion annually to resupply and expand its portfolio of 1,700 aircraft, which are rented out to airlines in exchange for a monthly fee, and support its other aviation businesses.

Mar 13, 2014

Microsoft poised to fight back as iPad generation shuns Office

SAN FRANCISCO/SEATTLE (Reuters) – It may be one of Microsoft Corp’s biggest squandered opportunities.

Tired of waiting for Office to be optimized for their mobile gadgets, a growing contingent of younger companies is turning to cheaper, simpler and touch-friendly apps that can perform word processing and other tasks in the cloud.

Mar 3, 2014

Microsoft makes pollster Penn head of strategy, exact role unclear

SEATTLE (Reuters) – Microsoft Corp on Monday put pugnacious pollster and political adviser Mark Penn in charge of strategy but left company watchers uncertain what exactly his new role will entail.

In the newly created job of chief strategy officer, Penn’s “blend of data analysis and creativity” will be applied across new product areas and strategic investments, not just marketing, new Microsoft chief executive Satya Nadella told employees in a memo.

Feb 5, 2014

Microsoft hopes new, old leaders can rekindle magic

SEATTLE (Reuters) – Microsoft Corp is betting a mix of old and young blood will revive the aging technology pioneer, but new Chief Executive Officer Satya Nadella may find it tough to push change with co-founder Bill Gates and former CEO Steve Ballmer breathing down his neck.

The 46-year-old India native and former enterprise business chief takes on the monumental task of exploring new directions – but with Gates as his consigliere, and on a strategy that Ballmer orchestrated with the board.

Feb 4, 2014

Microsoft names Satya Nadella as next CEO, Thompson as chairman

SEATTLE (Reuters) – Microsoft Corp (MSFT.O: Quote, Profile, Research) named 22-year company veteran Satya Nadella as its next chief executive officer on Tuesday, ending a protracted search for a new leader after Steve Ballmer announced his intention to retire in August.

Nadella called the appointment “humbling” in an email to the company’s employees. He is only the third CEO in Microsoft’s 39-year history, following co-founder Bill Gates and Ballmer.

Feb 4, 2014

Microsoft names Nadella as next CEO, Thompson as chairman

SEATTLE (Reuters) – Microsoft Corp named 22-year company veteran Satya Nadella as its next chief executive officer on Tuesday, ending a protracted search for a new leader after Steve Ballmer announced his intention to retire in August.

Nadella called the appointment “humbling” in an email to the company’s employees. He is only the third CEO in Microsoft’s 39-year history, following co-founder Bill Gates and Ballmer.

    • 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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