Microsoft CEO Announces Largest Workforce Reduction In The

Microsoft CEO Announces Largest Workforce Reduction In The Company's History

redOrbit Staff & Wire Reports - Your Universe Online Microsoft has announced that it will be cutting as many as 18,000 jobs, the largest workforce reduction in the 39-year history of the Redmond, Washington-based computer and technology...

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Nadella and Elop
2014-04-26 05:24:34

redOrbit Staff & Wire Reports - Your Universe Online Approximately seven months after first announcing it was planning to acquire one-time mobile heavyweight Nokia, Microsoft announced on Friday that it had sealed the deal, acquiring the Finnish firm for a reported $7.2 billion to $7.5 billion dollars. According to Hayley Tsukayama of the Washington Post, the Redmond, Washington-based company’s bid to purchase Nokia’s devices business has “made it through all of the regulatory...

2014-04-25 08:24:43

Microsoft and the Nokia Devices and Services business are coming together as one to deliver a family of devices and services that will delight consumers and empower businesses. REDMOND, Wash., April 25, 2014 /PRNewswire/ -- Microsoft Corp. announced it has completed its acquisition of the Nokia Devices and Services business. The acquisition has been approved by Nokia shareholders and by governmental regulatory agencies around the world. The completion of the acquisition marks the...

microsoft nokia mashup
2014-03-24 11:09:05

Peter Suciu for redOrbit.com - Your Universe Online While it sounded like a “done deal,” Nokia has delayed the sale of its smartphone business to tech giant Microsoft until April after reports on Monday stated that Nokia had still not received approvals from certain antitrust authorities in Asia. Last September, Microsoft announced its plans to acquire Nokia’s Devices & Services business, which included the smartphone and mobile phone parts of the Finnish-based handset maker,...

Who Will Replace Steve Ballmer As CEO At Microsoft In 2014?
2013-12-18 12:29:10

Peter Suciu for redOrbit.com - Your Universe Online In August Steve Ballmer, CEO of Microsoft, announced that he would retire within a year, but he will apparently still ring in the New Year while holding the top spot at the Redmond, Washington-based software giant. Microsoft will not announce the next chief executive until 2014, the company’s board announced on Tuesday. This has lowered speculation as who might succeed Ballmer, who is only the second person to helm the company during...

Phablet Market Heats Up As Nokia Unveils New Lumia Handsets
2013-10-22 13:32:31

Peter Suciu for redOrbit.com - Your Universe Online Finnish-based Nokia is looking to enter the “galaxy” of larger handsets that practically merge with smartphones – the so-called “phablet” market – Samsung has found success in. This week, at its Nokia World Conference in Abu Dhabi, the company unveiled its first extra-large handsets that run on Microsoft’s Windows Phone 8 operating system. To date, most of Nokia’s smartphones have been of comparable size to Apple’s...

2013-09-03 23:20:53

Technology Industry Analyst Jeff Kagan is available to speak with reporters, or may be quoted through this release. Atlanta, GA (PRWEB) September 03, 2013 Microsoft is buying Nokia wireless phone patents according to MSN News, on Sept 3. Tech analyst Jeff Kagan offers comment. “Congratulations to Microsoft on the Nokia acquisition. This move into wireless could be just what Microsoft needs to do in order to get back on the growth path. The next question is, will Microsoft be interested...

Microsoft Acquires Nokia Handset Division For $7.2 Billion
2013-09-03 08:29:58

Michael Harper for redOrbit.com - Your Universe Online Microsoft has agreed to buy Nokia’s handset division and patent portfolio for $7.2 billion. Though the deal adds some 32,000 new employees to Microsoft’s roster, a remaining 56,000 Nokia employees will not be transitioning. The two companies have been partners since February 2011 when Nokia agreed to focus its attention on creating phones for the Windows Phone platform, a move which it hoped would increase its standings in the...

Microsoft Reorganizes At Corporate Level
2013-07-11 11:51:27

Michael Harper for redOrbit.com - Your Universe Online Microsoft CEO Steve Ballmer sent out a memo to all Microsoft employees this morning which outlines a reorganization for the company. A shakeup in executive aligning in Redmond has been rumored for some time. Ballmer defined a new vision for Microsoft, one which places more emphasis on their relatively new business model of building devices as well as services. As a part of the restructuring, Microsoft Office's head, Kurt DelBene,...

Word of the Day
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).