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Latest Steve Ballmer Stories

2014-08-12 16:25:00

LOS ANGELES, Aug. 12, 2014 /PRNewswire/ -- On behalf of the Sterling family trust, Shelly Sterling today announced that the record-setting $2 billion sale of the Los Angeles Clippers to former Microsoft CEO Steve Ballmer closed this morning. The $2 billion deal is not only the largest price paid for a National Basketball Assn. team, it is the most paid for any North American professional sports franchise. "I am thrilled that the Clippers now have such a wonderful new owner," said...

Satya Nadella
2014-07-18 08:55:47

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 giant, various media outlets have reported. According to Reuters reporter Bill Rigby, the cuts announced Thursday by new CEO Satya Nadella represent 14 percent of Microsoft’s total workforce, and the “larger-than-expected” layoffs come as the...

Microsoft's New CEO Refocuses Company On Productivity, Platform
2014-07-11 06:04:08

Peter Suciu for redOrbit.com - Your Universe Online Microsoft named Satya Nadella the company's chief executive officer and a member of the board of directors back in February. Since he took the reins of the technology giant it was clear that he would likely take the company in a very different direction than his predecessor Steve Ballmer. Ballmer's vision was reportedly to chase Apple's business model, and declared that Microsoft would be a "devices and services" company. It is now...

2014-05-30 04:21:38

LOS ANGELES, May 30, 2014 /PRNewswire/ -- Shelly Sterling announced today that she has signed a binding contract for the sale of the Clippers by The Sterling Family Trust to Steve Ballmer at a price of $2 billion. Shelly Sterling was acting under her authority as the sole trustee of The Sterling Family Trust which owns the Clippers. "I am delighted that we are selling the team to Steve, who will be a terrific owner," Shelly Sterling said. "We have worked for 33 years to build the...

2014-05-30 04:21:35

NEW YORK, May 30, 2014 /PRNewswire/ -- Embattled billionaire Donald Sterling's net worth will rise to US$2.2. billion, according to a Wealth-X estimate, after the sale of his NBA team, the Los Angeles Clippers, to former Microsoft CEO Steve Ballmer for a record price of US$2 billion. The US$2 billion price tag is the highest amount ever paid for any professional basketball franchise - nearly four times the previous record of $US550 million paid for the NBA's Milwaukee Bucks earlier...

2014-03-20 16:29:39

Luczo was a member of the Compensation Committee and the CEO search committee that selected new CEO Satya Nadella. REDMOND, Wash., March 20, 2014 /PRNewswire/ -- Microsoft Corp. announced Thursday that Stephen J. Luczo, chairman and CEO of Seagate Technology PLC, has stepped down from the company's board of directors. http://photos.prnewswire.com/prnvar/20000822/MSFTLOGO "It has been a pleasure serving on the Microsoft board, and helping to guide the company through such a...

2014-02-04 08:44:13

Bill Gates steps up to new role as Technology Advisor; John Thompson assumes role as Chairman of Board of Directors REDMOND, Wash., Feb. 4, 2014 /PRNewswire/ -- Microsoft Corp. today announced that its Board of Directors has appointed Satya Nadella as Chief Executive Officer and member of the Board of Directors effective immediately. Nadella previously held the position of Executive Vice President of Microsoft's Cloud and Enterprise group. (Logo:...

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...

2013-11-09 23:00:35

STEM education strategies are primarily designed to inspire youth and provide them a strong foundation in basic subjects. eReflect strongly supports STEM initiatives and congratulates the Microsoft CEO for making the list of Top 100 STEM CEOs. New York City, NY (PRWEB) November 10, 2013 STEMconnector recently published a list of the top 100 CEOs that are actively engaged in promoting science, technology, engineering, and math (STEM) education for students. Steve Ballmer, CEO of the...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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