Microsoft Names Satya Nadella as CEO, Succeeds Ballmer
Microsoft today announced the appointment of Satya Nadella as chief executive officer of the company. Nadella replaces Steve Ballmer, who will remain on the board of directors. Nadella has been with Microsoft for 22 years and held various roles during his tenure. "Microsoft is one of those rare companies to have truly revolutionized the world through technology, and I couldn’t be more honored to have been chosen to lead the company," Nadella said. "The opportunity ahead for Microsoft is vast, but to seize it, we must focus clearly, move faster and continue to transform. A big part of my job is to accelerate our ability to bring innovative products to our customers more quickly." Microsoft also announced that Bill Gates, previously chairman of the board of directors, will take on a new role as Founder and Technology Advisor. He will devote more time to the company and assist Nadella in shaping future products. Nadella is CEO effective immediately.
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.
Microsoft to Buy LinkedIn for $26.2 Billion
Microsoft today said it has agreed to acquire LinkedIn for $26.2 billion. LinkedIn is well known as a professional networking and employment resource for companies and job seekers alike.
Microsoft Picks Up Wand to Boost Bots
Microsoft today said it has acquired Wand Labs, a company that combines human language with machine intelligence. Microsoft said it plans to add Wand Labs' talent to its Bing, Microsoft Azure, Office 365, and Windows platforms.
Microsoft Prepared to Cut More Jobs
Microsoft is planning to announce a new round of layoffs as early as today, reports the New York Times. Many of the cuts will target employees in Microsoft's hardware group, such as the smartphone unit it bought from Nokia in 2014.