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Steve Ballmer

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  • Ballmer steps down from Microsoft board Tuesday, 19 Aug 2014 | 2:43 PM ET

    Microsoft published Ballmer's resignation letter on its website Tuesday along with a response from current CEO Satya Nadella thanking him and wishing him well. The 58- year-old says he plans to hold on to his Microsoft stock and will continue to offer feedback on products and strategy.

  • LOS ANGELES, Aug 12- Steve Ballmer, the former head of Microsoft, completed a $2 billion purchase of the Los Angeles Clippers basketball team on Tuesday, ending an ugly saga involving former owner Donald Sterling who was banned for life over racist remarks.

  • LOS ANGELES, Aug 12- Steve Ballmer, the former head of Microsoft, has completed his $2 billion purchase of the Los Angeles Clippers basketball team, ending a saga that began when former team owner Donald Sterling was heard making racist remarks to his girlfriend on a tape recording.

  • Done deal: Ballmer gets the LA Clippers Tuesday, 12 Aug 2014 | 2:38 PM ET
    From left: Steve Ballmer and Donald Sterling

    The sale of the Los Angeles Clippers, ensnared for months by legal challenges, is finally official.

  • Ballmer official owner of LA Clippers     Tuesday, 12 Aug 2014 | 12:51 PM ET

    Steve Ballmer has officially now become the owner of the L.A. Clippers, reports CNBC's Dominic Chu.

  • Aug 11- On a trip to Beijing a decade ago, Bill Gates was asked by a senior government official how much money Microsoft Corp made in China.

  • 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.

  • Judge issues preliminary ruling against Sterling Monday, 28 Jul 2014 | 5:52 PM ET
    Donald Sterling

    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.

  • Microsoft to shutter Xbox Entertainment Studios Thursday, 17 Jul 2014 | 4:14 PM ET
    A man walks past the Microsoft Xbox One logo during a media event ahead of the E3 Electronic Entertainment Expo in Los Angeles.

    Microsoft will shut down Xbox Entertainment Studios, ending an ambitious foray into original video programming. Re/code reports.

  • 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.

  • 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."

  • The rally rich: Who gained the most from stocks Wednesday, 2 Jul 2014 | 10:49 AM ET
    Nick Woodman, founder and CEO of GoPro, speaks during the company's initial public offering at the Nasdaq Stock Exchange on June 26, 2014, in New York City.

    For some corporate founders, the market's rally this year has meant a fortune. Who's gained the most?

  • Sterling digs up NBA dirt ahead of $1B suit Friday, 13 Jun 2014 | 10:13 AM ET
    Donald Sterling

    The banned Los Angeles Clippers owner's lawyers have hired four private investigators to look into evidence they could use against the NBA.

  • Sterling shuts down Clippers sale, pursues NBA suit Tuesday, 10 Jun 2014 | 11:09 AM ET
    Los Angeles Clippers owner Donald Sterling.

    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.

  • What the rich are buying this season: The NBA Friday, 30 May 2014 | 11:50 AM ET
    Steve Ballmer, left, and NBA Commissioner Adam SIlver attend an NBA playoff game between the Oklahoma City Thunder and the Los Angeles Clippers at Staples Center on May 11, 2014 in Los Angeles.

    There's a case to be made that sports teams are now valued more like Picassos, rare diamonds and vintage Ferraris than fundamental businesses.

  • Ballmer buys ascending Clippers for $2B     Friday, 30 May 2014 | 9:08 AM ET

    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.