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November 12, 2012 | By Salvador Rodriguez, This post has been updated. See the note below for details.
Sales of the Surface tablet have gotten off to a modest start, Microsoft Chief Executive Steve Ballmer has told a French newspaper. The Surface is Microsoft's flagship Windows 8 device and its only tablet offering for the holiday season. It's going up against the Apple iPad as well as tablets by Google and Amazon. A version of the Surface running Windows RT, a slimmed-down version of Windows 8, went on sale last month starting at $499 for a 32 GB model. Ballmer said sales have been affected by the fact that the Surface is only available online and at some U.S. Microsoft retail stores, he told Le Parisien . The head man of the Redmond, Wash.-based company did not give out exact sales figures, but he said supply shortages of the Surface are a good sign of demand.
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NATIONAL
April 16, 2014 | By David Horsey
A beginning elementary school teacher in a small district in California makes around $40,000 per year. That's 2 or 3 thousand dollars more than poor Larry Ellison brings in -- but Ellison, the CEO of Oracle Corp., earns it in an hour. There's nothing that illustrates the vast and growing wealth gap in America more starkly than a list of the incomes enjoyed by the top business executives in the country. A new study done for the New York Times found that pay for the 100 top CEOs jumped 9% from 2012 to 2013, raising their median annual compensation to nearly $14 million.
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BUSINESS
September 27, 2013 | By Salvador Rodriguez
Steve Ballmer is known for his outrageous keynote presentations, and at his final annual company meeting, the Microsoft chief executive made sure to deliver one more outrageous, teary-eyed speech.  Speaking to 13,000 Microsoft employees, Ballmer took the stage at Seattle's KeyArena and jumped around to a variety of songs, as he tends to do. Among the background tunes were "Can't Hold Us" by Macklemore and Ryan Lewis, "Wanna Be Startin' Something"...
BUSINESS
March 3, 2014 | By Chris O'Brien
Anyone who thought new Microsoft Chief Executive Satya Nadella might take a less combative approach than his predecessor might want to think again. On Monday, the company confirmed a number of executive changes, most notably the elevation of Mark Penn to the role of c hief strategy officer. "His focus on using data to quickly evaluate and evolve our campaigns has driven new insights and understanding," Nadella said in a memo to Microsoft employees that was posted on the company's website.
BUSINESS
July 11, 2013 | By Chris O'Brien
Considering that Steve Ballmer has been chief executive of Microsoft for more than a decade, it might sound strange to say this. But the sweeping reorganization announced Wednesday made it clear that Microsoft is now his company.  Whether that's for better or for worse, we'll see. PHOTOS: Top smartphones of 2013 But in the various memos and news releases, the company emphasized that while Windows remains crucial to its future, it's...
BUSINESS
September 30, 2008 | From Times Wire Services
Steve Ballmer, chief executive of Microsoft Corp., had $1.35 million in compensation for the 2008 fiscal year, a 5.5% annual increase. Ballmer's compensation included a salary of $640,833 and a bonus of $700,000, according to a regulatory filing.
BUSINESS
May 31, 2003 | From Bloomberg News
Microsoft Corp. Chief Executive Steve Ballmer has sold almost 12% of his stake in the company, the world's largest software maker. The sale of 2 million shares Wednesday and 4 million Thursday raised $147.1 million, Securities and Exchange Commission filings show. He sold 49.4 million shares last week. Ballmer still owns Redmond, Wash.-based Microsoft's second-biggest stake, now 415.5 million shares.
BUSINESS
March 30, 2011 | By Nathan Olivarez-Giles, Los Angeles Times
Microsoft Corp. co-founder Paul Allen says Bill Gates, his onetime business partner, was a "mercenary" opportunist who schemed to lessen Allen's stake in the software company. Allen, now a venture capitalist in Seattle, says in his book "Idea Man: A Memoir by the Cofounder of Microsoft" that he learned of the plot while listening in on a conversation between Gates and Steve Ballmer in 1982, after he had been diagnosed with Hodgkin's disease. Gates is currently Microsoft chairman and Ballmer is chief executive.
BUSINESS
March 17, 2004 | Joseph Menn, Times Staff Writer
In a last-ditch bid to avoid stiff sanctions, Microsoft Corp. Chief Executive Steve Ballmer flew to Brussels for an unexpected meeting Tuesday with Europe's top antitrust official. Microsoft has been negotiating for months to settle the European Commission's antitrust case against it, but Tuesday marked the first time Ballmer joined the talks. He had previously met Competition Commissioner Mario Monti without discussing the case.
BUSINESS
July 22, 1998 | From Reuters
Steve Ballmer, Microsoft Corp.'s energetic No. 2 executive, was promoted to president Tuesday, formally recognizing his role as Chairman Bill Gates' most trusted lieutenant. Ballmer, 42, a close friend of Gates from their student days at Harvard University, joined Microsoft in 1980, five years after its founding, and has run its finance, recruiting and sales operations, amassing a fortune in stock currently worth about $13.5 billion.
BUSINESS
February 5, 2014 | Chris O'Brien
Since it became apparent last week that Satya Nadella was in line to become only the third chief executive of Microsoft, the Indian community in Silicon Valley has been bubbling over with pride. That his ascension would generate such excitement might seem surprising at first. Indians have become a force in Silicon Valley, where about 15% of tech start-ups have Indian founders and a handful of notable companies, such has Adobe Systems, have Indian chief executives. Yet Nadella's appointment is being hailed by Indians as something more.
BUSINESS
January 31, 2014 | By Chris O'Brien
Microsoft is widely expected next week to appoint a longtime insider to be only its third chief executive, signaling the company won't make radical strategic changes. Satya Nadella, 46, who joined Microsoft in 1992, is executive vice president of Microsoft's Cloud and Enterprise group, working primarily with business customers. Although his division posted more than $20 billion in revenue last year, making it larger than most other tech companies, analysts said he faces a huge challenge in assuming control of the sprawling Microsoft business.
BUSINESS
December 13, 2013 | By Chris O'Brien
There appears to be no better way to get your current company to show just how much it loves you than by becoming the source of rumors that you're in the running to be the next CEO of Microsoft.  On Thursday came word via Bloomberg that Qualcomm Chief Operating Officer  Steve Mollenkopf  was a candidate to succeed Steve Ballmer, who is slated to step down some time next year.  PHOTOS: Top 10 most-talked-about people, topics...
BUSINESS
September 27, 2013 | By Salvador Rodriguez
Steve Ballmer is known for his outrageous keynote presentations, and at his final annual company meeting, the Microsoft chief executive made sure to deliver one more outrageous, teary-eyed speech.  Speaking to 13,000 Microsoft employees, Ballmer took the stage at Seattle's KeyArena and jumped around to a variety of songs, as he tends to do. Among the background tunes were "Can't Hold Us" by Macklemore and Ryan Lewis, "Wanna Be Startin' Something"...
BUSINESS
September 3, 2013 | By Chris O'Brien
The announcement that Microsoft will pay $7.2 billion to buy Nokia's device business raises one question both simple and complex:  Why? The company will address that in a conference call scheduled for Wednesday morning at 8:45 a.m. But in the meantime, it also released several documents, in addition to the main news release, to provide some rationale for the deal.  PHOTOS: Biggest tech flops of 2013 -- so far   The first document...
BUSINESS
August 23, 2013 | By Chris O'Brien, Paresh Dave and Andrea Chang
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.
BUSINESS
September 15, 2012 | By Salvador Rodriguez
Microsoft is giving its 94,000 employees enough new devices to supply a small American city, with each of them getting a new computer, tablet and smartphone. The Redmond, Wash., company is getting ready for the big launch of Windows 8 and a slew of new products, and at the company's meeting earlier this week, Microsoft told employees they'll be getting new Windows 8 PCs, Windows 8 phones and the new Microsoft Surface tablet. “Steve Ballmer acknowledged that Microsoft is on the eve of one of its greatest moments as it prepares to ship a remarkable lineup of devices and services," said Lou Gellos, Microsoft's director of corporate communications in an email statement.
BUSINESS
December 13, 2013 | By Chris O'Brien
There appears to be no better way to get your current company to show just how much it loves you than by becoming the source of rumors that you're in the running to be the next CEO of Microsoft.  On Thursday came word via Bloomberg that Qualcomm Chief Operating Officer  Steve Mollenkopf  was a candidate to succeed Steve Ballmer, who is slated to step down some time next year.  PHOTOS: Top 10 most-talked-about people, topics...
BUSINESS
August 23, 2013 | By Chris O'Brien
With Microsoft's business experiencing a painful transition, the company announced Friday that Chief Executive Steve Ballmer will step down in the next 12 months. "There is never a perfect time for this type of transition, but now is the right time," Ballmer said in a news release. "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.
BUSINESS
July 11, 2013 | By Chris O'Brien
Considering that Steve Ballmer has been chief executive of Microsoft for more than a decade, it might sound strange to say this. But the sweeping reorganization announced Wednesday made it clear that Microsoft is now his company.  Whether that's for better or for worse, we'll see. PHOTOS: Top smartphones of 2013 But in the various memos and news releases, the company emphasized that while Windows remains crucial to its future, it's...
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