One reason why billionaires could be fans of buying sports teams, with CNBC's Josh Lipton.» Read More
Rick Sherlund, Nomura Securities, explains why Steve Ballmer stepping down from Microsoft's board will lead to changing dynamics on the board that could lead to more cash for shareholders.
Ex-Microsoft CEO Steve Ballmer stepped down from the company's board.
LA Clippers owner and former Microsoft CEO Steve Ballmer will step down from the company's board. CNBC's Courtney Reagan reports Ballmer intends to hold Microsoft shares for the foreseeable future.
CNBC's David Faber and Jim Cramer discuss Steve Ballmer's introduction to LA Clipper fans after he bought the team from disgraced owner Donald Sterling.
Los Angeles Clippers owner Steve Ballmer channeled his Microsoft days while addressing the team. CNBC's Jane Wells has the details.
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.
The sale of the Los Angeles Clippers, ensnared for months by legal challenges, is finally official.
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.
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 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."
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