Latest Steve Ballmer Stories

2008-07-04 00:00:04

NEW YORK: Microsoft is preparing a new bid for Yahoo Inc's search business and has approached other media companies about joining it in a deal that would effectively lead to Yahoo's breakup, the Wall Street Journal said. Quoting people familiar with discussions, the Journal said talks with Time Warner Inc and News Corp, among others, were preliminary and unlikely to result in a deal. It said that two weeks ago, Microsoft chief executive Steve Ballmer called Yahoo chairman Roy Bostock to...

2008-07-03 12:10:00

In the wake of Microsoft's failed bid to buy all of Yahoo, one thing is clear: The two companies have what could be called a failure to communicate. As the Microsoft-Yahoo takeover saga grinds into its sixth month, contacts between the companies are continuing. But the status of talks between them is an increasingly muddled mess complicated by the fact that Time Warner's AOL has quietly been put in play, according to sources familiar with the matter who have not been authorized to speak by...

2008-07-01 06:00:00

Amid a proxy battle led by billionaire investor Carl Icahn, Yahoo Inc began seeking shareholder support on Monday for the company's executives and current board of directors. In a 32-page shareholder presentation, the company provided details on the rationale behind the rejection of a $47.5 billion acquisition bid from Microsoft Corp., and even questioned whether Microsoft was sincere about a full-scale merger. Yahoo argued that its current board and management deserve the opportunity to...

2008-06-30 09:01:28

1st LD Writethru: Bill Gates bids teary farewell to Microsoft LOS ANGELES, June 27 (Xinhua) -- Microsoft co-founder Bill Gates bid farewell to Microsoft on Friday, resigning from his full-time post as chairman of the software giant. At a town hall meeting in Redmond, Washington, more than 800 Microsoft employees gathered to send Gates off into the new era of his life. Accompanied by Microsoft CEO Steve Ballmer, Gates walked in smiling to a standing ovation, and introduced his wife,...

2008-06-29 17:25:00

The departure of Bill Gates, who stepped down as chairman of Microsoft this week to focus full time on his $37 billion philanthropic foundation, means the fate of the world's largest software maker will now rest with Steve Ballmer. Ballmer, 52, has been Microsoft's CEO for the past eight years, and is the company's second-largest shareholder after Gates, with a 4.3 percent stake in the company valued at more than $11 billion. He will likely face increasing pressure in the wake of the...

2008-06-28 12:00:48

By Jessica Mintz Associated Press REDMOND, Wash. -- On his final full day at Microsoft Corp., Bill Gates went on stage Friday to reminisce with his longtime friend Steve Ballmer, and neither man could hold back tears as Ballmer handed Gates a large scrapbook as a farewell present. Gates, who is stepping back to focus on his philanthropy, sat with CEO Ballmer in a Microsoft conference room and meandered through moments in Microsoft's history. They stopped to get in a few good digs at IBM...

2008-06-28 12:00:40

By Benjamin J. Romano, Seattle Times Jun. 28--For all the superlatives used to describe Microsoft's rise and stature over the years, at its heart are two guys who never would have guessed how big the company and the industry have become. That sentiment came out as Microsoft said goodbye Friday to Bill Gates, who co-founded the company 33 years ago and now turns his full-time attention to philanthropy. Gates made an exception to his usual distaste for self-congratulation, spending more...

2008-06-27 15:01:01

By JESSICA MINTZ, THE ASSOCIATED PRESS SEATTLE It is almost unthinkable that any one human could pick up where Bill Gates leaves off when he ends his full-time tenure today as Microsoft's leader. But as Gates bones up on epidemiology at his charitable foundation, the software company he built with a mix of visionary manifestos and extreme hands-on management must still wake up Monday to face hard problems even he could not solve. Among them: beating Google Inc. on the Web while fending...

2008-06-27 12:00:23

By Benjamin J. Romano, Seattle Times Jun. 27--He made a career, a company and an industry by looking over the horizon and charting a course. Bill Gates, who today ends his full-time involvement with the company he and Paul Allen cofounded 33 years ago, was often right. The Microsoft empire of 91,200 employees, billions in profit and ubiquitous products stands as testament. Now, Seattle's most famous son points his full intellect and attention to the world's poor, giving them a voice...

2008-06-27 05:55:00

One of the world's most successful software experts is trading computers for philanthropy. Bill Gates announced he is stepping down on Friday from his daily duties at Microsoft Corp. (MSFT), to focus on his $38 billion charitable foundation. The Bill & Melinda Gates Foundation -- built by his vast fortune-has been around for ten years. Gates is the world's third richest man, and he says with great wealth brings great responsibility. The 52-year-old will trade a lifetime of developing...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.