Latest Steve Ballmer Stories

2009-11-24 16:05:00

REDMOND, Wash., Nov. 24 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced that Chris Liddell will be leaving the company at the end of 2009, and named Peter Klein as the company's new chief financial officer. (Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO) "Chris and his finance team have accomplished a great deal over the past four and a half years. The team is deep and strong, and has an excellent record of building value for our shareholders," said Steve...

2009-11-19 12:16:00

REDMOND, Wash., Nov. 19 /PRNewswire-FirstCall/ -- Speaking at Microsoft Corp.'s Annual Shareholder Meeting today, Chief Executive Officer Steve Ballmer highlighted the strength of the company's execution over the past year, announced record sales figures for Windows 7, and detailed the company's plans to continue to deliver shareholder value in the long term. (Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO) "Windows 7 is the simply best PC operating system we have ever...

2009-11-05 06:15:00

Software giant Microsoft Corp. announced on Wednesday that it will be trimming off 800 more jobs on top of the 5,000 layoffs announced at the beginning of the year. "Earlier this year, we announced that in order to reduce costs, increase efficiency and prioritize our focus areas, we would eliminate approximately 5,000 positions by June 2010," Microsoft said in a statement. The initial 5,000 cut jobs represent about 5 percent of  the 96,000 employees there before June 2010. A Microsoft...

2009-11-02 11:20:00

Microsoft chief executive Steve Ballmer told an audience in South Korea on Monday that IT spending would not fully recover to previous levels, despite growth. "The economy went through a set of changes on a global basis over the course of the last year which are, I think is fair to say, once in a lifetime," Ballmer said in Seoul during a presentation of Microsoft's new Windows 7 operating system. Ballmer said that IT spending accounts for about half of all spending in developed countries such...

2009-10-19 11:00:00

LAS VEGAS, Oct. 19 /PRNewswire-FirstCall/ -- Today, at Microsoft Corp.'s SharePoint Conference, Microsoft Chief Executive Officer Steve Ballmer announced that the public beta of Microsoft SharePoint Server 2010 and Microsoft Office 2010 will become available in November, and revealed some of the new SharePoint Server 2010 capabilities for the first time. (Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO ) "By taming the overflow of information across systems and...

2009-10-19 06:25:00

Microsoft appears set to open its first retail store this week in the Fashion Square Mall in Scottsdale, Arizona.  The move is the company's first step into retail, where it hopes to replicate the success of rival Apple Inc. Although the store is still boarded up, expectations are high that the opening will coincide with Microsoft's launch of its new Windows 7 operating system next Thursday. A company spokesman would say only that the store would open sometime in "the fall." Speaking at...

2009-10-07 06:35:00

Microsoft Corp announced new software for mobile phones on Tuesday that will help devices compete with Apple Inc.'s iPhone and Research in Motion Ltd.'s BlackBerry. Microsoft said that over 30 new devices with the new Windows Mobile 6.5 software would hit the market in more than 20 countries by the end of the year.  The giant software company has partnerships with phone companies like Samsung Electronics Co. Ltd., AT&T Inc. and Vodafone Group Plc. The new software will play music,...

2009-10-05 12:50:23

Microsoft Chief Executive Steve Ballmer said on Monday he did not expect to make acquisitions to help the company challenge Google's dominance in the Internet search market, Reuters reported. Microsoft recently agreed to a search partnership with Yahoo after a failed attempt to buy the company. Ballmer said after a lecture to Britain's CBI business lobby organization that Microsoft would continue to work hard and invest in the marketing and continue trying to get the Yahoo deal through...

2009-09-30 12:53:47

Following a tough economic year, Microsoft paid its chief executive about 6 percent less in compensation as it reported its first ever drop in annual sales. Microsoft chief executive Steve Ballmer was paid $1,276,627 for fiscal year 2009, compared to $1,350,834 for the previous year. Ballmer's salary increased by about 4 percent to $665,833 while his bonus was cut from $700,000 to $600,000 in 2008, according to Microsoft's yearly proxy filing with the Securities and Exchange Commission. "Mr....

2009-09-21 06:25:00

Despite the this year's economic downturn resulting in a 17 percent drop in Microsoft's profits, the software company still managed to bump its CEO's salary by 4 percent at the start of the 2009 fiscal year. A preliminary filing on Friday with the Securities and Exchange Commission showed that Steve Ballmer's salary went from $640,833 to $665,883 even with a massive drop in personal computer sales. On top of the raise, Ballmer earned a $700,000 bonus just last year. However, his 2009 bonus,...

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.'