Microsoft's Ballmer to Exit Within a Year
Microsoft CEO Steve Ballmer plans to retire some time in the next 12 months, said the company. Microsoft's board has formed a special committee to begin a search for a successor to Ballmer, who has led the company since January 2000. Once a successor is chosen, Ballmer will step down. "There is never a perfect time for this type of transition, but now is the right time," said Ballmer. "We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. My original thoughts on timing would have had my retirement happen in the middle of our company’s transformation to a devices and services company. We need a CEO who will be here longer term for this new direction." Microsoft's business has changed radically during Ballmer's tenure, as computing has moved away from traditional desktop and laptops to more mobile devices, such as tablets and smartphones.
Microsoft Reorganizes Execs, Stephen Elop to Leave
Microsoft CEO Satya Nadella has moved around some of the top executives at the company and some are leaving Microsoft. Among those headed out the door is Stephen Elop, who helmed the company's device business.
Eric Schmidt, Alphabet Chairman, to Take Advisory Role
Alphabet Executive Chairman Eric Schmidt this week said he plans to step down from his leadership role on the company's board and will instead serve as a technical advisor to the company. "Larry, Sergey, Sundar and I all believe that the time is right in Alphabet’s evolution for this transition.
Microsoft Revises Its Skype Strategy
Microsoft today charted a new course for its Skype platform as realized on mobile devices, tablets, laptops, and PCs. Late last year, Microsoft announced its intent to offer a universal app for PCs and tablets, with separate apps targeting Windows 10 smartphones.
Microsoft to Slash 7,800 Jobs, Restructure Phone Biz
Microsoft today announced significant job cuts and plans to restructure its mobile phone business unit. The company will eliminate 7,800 jobs, mostly from its phone business, and streamline its portfolio of smartphones.
Google and Microsoft Make Nice, Drop Regulatory Complaints
Microsoft and Alphabet, parent company of Google, have agreed to cease all ongoing regulatory fights between them. Microsoft has complained to US and European Union antitrust regulators often and loudly with respect to Google's search practices and other behaviors.
Windows 8 casualty?