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 |
With Microsoft Corp.'s reorganization last week, a curious thing has now happened at the three companies that are the biggest players in the world of operating systems. In the last year, Apple Inc., Google Inc. and Microsoft have all moved to put one person in charge of both their mobile and desktop operating systems. PHOTOS: Six things rich tech execs splurge on Coincidence? Perhaps. But Colin Gillis, an analyst at BGC Partners, who mentioned the trend in a recent conversation, says the shift seems to be pointing each company toward convergence some time, even if that point remains far down the road.
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.
July 11, 2013 |
SAN FRANCISCO - Considering that Steve Ballmer has been chief executive of Microsoft Corp. for more than a decade, it might sound strange to say this, but the company may finally be his. Whether that's for better or for worse remains to be seen. But in announcing a sweeping reorganization Thursday, Ballmer sought to distance Microsoft from its historic identity as the company that Bill Gates created. He emphasized that although the Windows operating system continues to be its bread-and-butter business, it's no longer how the Redmond, Wash., company wants to define itself.
July 1, 2013 |
Mark Pincus is stepping down as chief executive of Zynga Inc., the social video game company he founded, and will be replaced by Don Mattrick, the head of Microsoft Corp.'s Xbox business, the company said Monday. Zynga's stock surged on word of the change in leadership. Mattrick, who will take over as CEO of San Francisco-based Zynga on July 8, has been president of Microsoft's i nteractive entertainment business, where he oversaw the growth of the Xbox 360 console. Best known for games such as "Farmville" and "Words with Friends," Zynga has struggled to repeat the success of its early games as its users play more on mobile devices rather than on Facebook.
June 14, 2013 |
Two prosecutors leading a nationwide campaign urging cellphone makers to embed a powerful antitheft feature in smartphones credited Apple and Samsung for moving in the right direction after a summit on the issue Thursday. New York Atty. Gen. Eric Schneiderman and San Francisco Dist. Atty. George Gascón have repeatedly called on the tech industry to create phones that would no longer be usable once reported stolen. They met in New York on Thursday with leaders of Apple Inc., Google Inc., Samsung Electronics Co., Microsoft Corp.