December 13, 2013 |
Qualcomm Inc., a San Diego maker of chips for mobile phones, promoted Chief Operating Officer Steve Mollenkopf to chief executive after he was reported to be a candidate for the top job at Microsoft Corp. Mollenkopf, 44, will become CEO on March 4, Qualcomm said Friday. He will join the board and continue to serve as Qualcomm's president. Paul Jacobs, 51, the current CEO, will become executive chairman. The move marks the first time that the nearly 3-decade-old chip maker has picked a leader from outside the founding Jacobs family.
December 3, 2013 |
The streaming music service Rdio has tapped Anthony Bay -- a former digital media executive at Amazon.com Inc., Microsoft Corp. and Apple Inc. -- as its new chief executive. This ends a search that began in June when the company's former CEO, Drew Larner, said he would step down after a replacement was found. Larner will become vice chairman and strategic advisor to Rdio's board of directors. Rdio, the San Francisco company founded by Skype co-creator Janus Friis and launched in 2010, has been trying to compete in a crowded industry that includes larger competitors such as Spotify and Pandora.
November 8, 2013 |
Microsoft Corp., looking to build anticipation for the new Xbox One video game console, emphasized the entertainment features of the device. The struggling Seattle technology giant has been positioning the successor to its Xbox 360 as an all-in-one entertainment system that will enable users to quickly switch from playing games to watching television to listening to music - and back again - by using their voice. "One of the goals we have for Xbox One is for it to be the games and entertainment system for people in their homes," Xbox Marketing Director Jose Pinero said as he demonstrated the new features this week in Venice. ON LOCATION: Where the cameras roll The Xbox One - scheduled to come out Nov. 22 - seeks to improve on the cumbersome electronic program guides and remote controls that people use to make viewing selections with a new type of navigation. The Kinect controller recognizes a user when he or she enters the room, and it automatically fills the screen with that person's favorite channels, applications or games.
September 8, 2013 |
Xbox Music, Microsoft Corp.'s entry into the ever-expanding music-streaming industry, will introduce applications for Android and iOS devices and allow free streaming on the Web, the company said Sunday. Microsoft launched Xbox Music about a year ago, and it's currently available through Xbox 360 consoles, a Windows 8 app and a version that lets subscribers stream through Web browsers. A subscription to the service, which allows access to some 30 million songs, costs about $10 a month or $100 a year.
August 23, 2013 |
Microsoft Corp. Chief Executive Steve Ballmer will step down from the troubled tech giant in the next 12 months, ending the career of a man who helped usher in the modern computing age, only to watch it turn on him and threaten to devour his company. The software company made the surprising announcement Friday after a tumultuous year in which it radically redesigned nearly all of its major products for a new computing era defined by mobile and touch-screen computing. No successor was named, a signal to analysts that Ballmer, 57, was pressured by the board to go. "This came very sudden and wasn't of Ballmer's choosing," said Patrick Moorhead, principal analyst at Moor Insights and Strategy.
July 18, 2013 |
SAN FRANCISCO - Google Inc., the world's most valuable Internet company, and Microsoft Corp., the world's largest software company, each disappointed investors with financial performances that fell short of Wall Street expectations. In Google's case, its second quarter showed the Mountain View, Calif., company was still wrestling with how to make as much money from selling ads on mobile devices as it does on desktop computers with consumers increasingly using smartphones and tablets.