A judge has ruled against L.A. Clippers owner Donald Sterling and cleared the way for the $2 billion sale of the team to ex-Microsoft CEO Ballmer.» Read More
BEIJING, July 29- A Chinese regulator said on Tuesday it is conducting an anti-monopoly investigation into Microsoft Corp over its Windows operating system, in the latest in a growing number of competition probes that have unnerved Western firms in China.
China's State Administration for Industry& Commerce was investigating a Microsoft vice president and senior managers, and has made copies of the firm's financial statements and contracts, the SAIC said on its website.
REDMOND, Wash.— Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units— Nokia phones and Bing search— would become profitable in 2016..
LOS ANGELES, July 17- Microsoft Corp intends to wind down Xbox Entertainment Studios, a source familiar with its plans said, becoming the first major tech company to give up on making original shows in a battle for the living room couch.
SEATTLE, July 17- Microsoft Corp will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it almost halves the size of its newly acquired Nokia phone business and tries to transform into a cloud-computing and mobile-friendly software company.
SEATTLE, July 17- Microsoft Corp said on Thursday it will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it trims its newly acquired Nokia phone business and reshapes itself into a cloud-computing and mobile-friendly software company.
LOS ANGELES— Microsoft announced the biggest layoffs in its 39- year history Thursday, outlining plans to cut 18,000 jobs in a move that marked the CEO's sharpest pivot yet away from his predecessor's drive for the company to make its own devices.
SEATTLE, July 17- Microsoft Corp is set to cut more than 6,000 jobs in an announcement expected early Thursday, according to sources familiar with the matter, as it trims its newly acquired Nokia phone business and reshapes itself as a cloud-computing and mobile-friendly software company.
SEATTLE, July 10- Microsoft Corp Chief Executive Satya Nadella deferred any comment on widely expected job cuts at the software company on Thursday, after circulating a memo to employees promising to "flatten the organization and develop leaner business processes."
LA Clippers owner Donald Sterling won't sign a deal to sell the team to Steve Ballmer and will pursue a $1B lawsuit against the NBA.
There's a case to be made that sports teams are now valued more like Picassos, rare diamonds and vintage Ferraris than fundamental businesses.
Former Microsoft CEO Steve Ballmer is buying the NBA's Los Angeles Clippers for $2 billion. The "Squawk on the Street" news team discusses the record breaking purchase.
Former Microsoft CEO Steve Ballmer is buying the Los Angeles Clippers for a record $2 billion, reports CNBC's Andrew Ross Sorkin. And Andy Sewer, Fortune Magazine, and Dan Colarusso, Reuters Digital, weigh in.
BEIJING, May 20- China has banned government use of Windows 8, Microsoft Corp's latest operating system, a blow to a U.S. technology company that has long struggled with sales in the country. The official Xinhua news agency said the ban was to ensure computer security after Microsoft ended support for its Windows XP operating system, which was widely used in China.
NEW YORK, May 15- Satya Nadella has enjoyed a fairly smooth ride in his first 100 days as Microsoft Corp chief executive, but he risks hitting a rough patch next week when he unveils the latest models of the tepidly received Surface tablet.
The Nordic nations' "cuddly capitalism" provides an economic equity that makes a middle class lifestyle the norm, but can it work anywhere else?
SEATTLE, May 2- Bill Gates, the former chief executive and chairman of Microsoft Corp, will have no direct ownership in the company he co-founded by mid-2018 if he keeps up his recent share sales. Assuming no change to that pattern, Gates will have no direct ownership of Microsoft shares at all four years from now.
Microsoft's $7.5 billion acquisition of Nokia's devices unit could help it take a bigger slice of the smartphone pie, analysts told CNBC.
SEATTLE, April 24- Microsoft Corp's new chief executive got off to a winning start with Wall Street on Thursday as the world's largest software company eased past analysts' profit estimates despite the pressure of falling computer sales.
SAN FRANCISCO, April 15- Microsoft Corp needs a "data culture" to thrive in the new computing environment, according to Chief Executive Satya Nadella, in his third public appearance in three weeks putting his imprint on the software company.