Latest Steve Ballmer Stories

2008-06-24 02:29:37

Amid the big shift from print to the Internet, Rupert Murdoch, who has a foot in each camp as chairman and chief executive officer of the News Corp., probably knows more than most about what's ahead. He foresees at least 20 or 30 more years for the print version of The Wall Street Journal, which he took over last December and is busy transforming, but says he is neutral about whether people read it from newsprint or online. He predicts that its Web site "will be more and more powerful, and...

2008-06-24 02:29:14

Microsoft targets engineers at Yahoo LOS ANGELES, June 21 (Xinhua) -- Microsoft intensified its recruitment campaign on Saturday to woo Yahoo's technical talent as turmoil in Yahoo intensified with a stream of new reports about departing executives. "There is just great search talent here," said Doug Free, a Microsoft spokesman, who noted that the company has been expanding in the Silicon Valley for years. Microsoft Chief Executive Steve Ballmer may have given up on the idea of...

2008-06-17 18:00:08

REDMOND, Wash., June 17 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced that after 25 years of service, Jon A. Shirley has chosen not to seek re-election to Microsoft's board of directors at the company's annual shareholder meeting, to be held in November 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO) Shirley's contributions to Microsoft have been numerous, including his time as president and chief operating officer from 1983 to 1990, as well as his...

2008-06-15 12:00:15

By Joe Nocera To: Jerry Yang From: Joe Nocera Re: What you did to Yahoo's shareholders * Dear Jerry, Congratulations - you pulled it off. You got Microsoft to walk away from your beloved Yahoo for good. There isn't going to be any megamerger. No smaller deal to sell your search business, or take a minority stake, either. As Yahoo's co-founder, chairman and chief executive, you're undoubtedly thrilled. But your shareholders aren't. Yes, it's true, you did try to salvage...

2008-06-12 14:10:00

For those considering whether the grass may be greener with a different employer, a new Web site is hoping to provide the answer.Sausalito, CA-based startup Glassdoor.com offers information on current salaries paid by hundreds of major employers, along with anonymously written reviews from current and past employees. The service is provided free of charge."We think it's super important that people are able to find a job where they can go home happy at the end of the day," Robert Hohman,...

2008-06-03 13:55:00

Previously sealed documents are providing new details of Microsoft Corp's bid to takeover Yahoo Inc.Perhaps most importantly, the documents show how Chief Executive Jerry Young tried to block the deal by backing an employee severance program that made it more expensive for Microsoft to purchase Yahoo.Adopted Feb. 12, the severance program guaranteed a mix of cash and stock payments to all 13,800 Yahoo employees if they were either fired or quit after being reassigned to a new job within two...

2008-05-28 09:55:00

Microsoft Corp. announced that they're next operating system will come with multi-touch features as an alternative to the mouse. The company also reaffirmed their interest in joining forces with Yahoo.The new fingertip interface, scheduled for release in 2010, lets users enlarge and shrink photos, trace routes on maps, paint pictures or play the piano.Microsoft chairman Bill Gates said the new feature would be "an evolution away from the mouse."Gates said today almost all the interaction is...

2008-05-13 21:25:00

Billionaire investor Carl Icahn is reportedly loading up on Yahoo Inc.'s stock in preparation for a possible attempt to shove aside the Internet icon's board and bring the company's disillusioned suitor, Microsoft Corp., back to the bargaining table. As he mulls whether to lead a rebellion, Icahn has accumulated about 50 million Yahoo shares, a stake of roughly 3.6 percent in the Sunnyvale-based company, both CNBC and The Wall Street Journal reported Tuesday. Both media outlets cited unnamed...

2008-05-09 00:20:00

After talks with Yahoo Inc. ended, Microsoft was forced to withdraw its $47.5 billion takeover bid, causing experts to wonder what the company would try next in its effort to gain traction in the online battle against its rival Google Inc.Some analysts say Microsoft must increase its search traffic to attract advertisers. Others think Microsoft should raise the proverbial white flag, conceding that market to Google Inc., so that it can focus its efforts on other markets.Analysts are puzzled...

2008-05-03 14:50:00

Microsoft Corp finally dangled a higher takeover bid in front of Yahoo Inc  Friday, hoping to reach a friendly deal after weeks of saber rattling. The Redmond, Wash.-based software maker upped its offer beyond the original value of $44.6 billion, or $31 per share, according to a person familiar with the matter. The specifics of the new offer weren't known by this person, who didn't want to be identified because the negotiations are still confidential. The New York Times, citing unnamed...

Word of the Day
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'