Latest Stephen Elop Stories
Nokia's new company head Stephen Elop said on Wednesday that the world's top mobile phone maker is "standing on a burning platform" surrounded by a "blazing fire" of competition. He said the company must now make radical changes. "We too, are standing on a 'burning platform,' and we must decide how we are going to change our behavior," Elop said in a company memo.Nokia was once the industry's top dog, with a 40 percent share of the mobile device market, but has...
Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, has been hired by Nokia to replace its chief executive officer in order to compete better with Apple in the smartphone market. Nokia said Olli-Pekka Kallasvuo, who headed Nokia for four years, would hand over the company to Elop on September 21. Elop has risen rapidly over the past five years from chief executive of San Francisco Web software maker Marcromedia to chief operating officer of Juniper Networks to...
According to a senior executive at Microsoft, the company will begin selling online versions of its software and expects the weak economy to accelerate the growth of the Web-based software market.Stephen Elop, president of Microsoft's business division, is helping lead Microsoft's charge into the "software as a service" market, offering programs hosted online instead of being installed on computer hard drives.Microsoft customers will not have to spend as much money on computer maintenance by...
Microsoft partners meeting in Houston responded with resignation and some optimism Tuesday to the company's move toward more Internet-based software and services, despite worries that it could cut into some of their business. The company unveiled details of the plan during the annual meeting of thousands of partners that form the crucial link between Microsoft and its customers. About 7,500 partners and 2,500 Microsoft employees are attending the Worldwide Partner Conference at the George R....
