Henry Blodget, Business Insider editor-in-chief & CEO and CNBC's Jon Fortt, discuss Steve Ballmer's exit from Microsoft's board to run the L.A. Clippers.» Read More
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.
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.
SEATTLE, April 11- Microsoft Corp's board faces a lawsuit over the way it handled an error with its Internet Explorer browser that ended up costing the company a record-breaking $731 million fine by European antitrust regulators.
BEIJING, April 9- Microsoft Corp has partnered Lenovo Group Ltd and Tencent Holdings Ltd to provide software security services for Windows XP users in China, after the U.S. tech firm stopped updating the operating system.
SAN FRANCISCO, March 31- Microsoft Corp on Monday named three executives to its cloud, devices and Xbox gaming divisions in one of new Chief Executive Satya Nadella's first management shakeups.
March 17- Microsoft Corp Chief Executive Satya Nadella may unveil an iPad version of the company's Office software suite on March 27, a source familiar with the event told Reuters, and use his first big press appearance to launch the company's most profitable product in a version compatible with Apple Inc's popular tablet.
Microsoft CEO Satya Nadella may unveil an iPad version of the company's Office software suite on March 27, a source told Reuters.
SAN FRANCISCO/ SEATTLE, March 13- It may be one of Microsoft Corp's biggest squandered opportunities. The speed with which apps like Quip have been adopted is forcing Microsoft to intensify its efforts to bring the powerful but ageing Office software suite to tablets and smartphones, according to people close to the company.
SEATTLE, March 11- Microsoft Corp said on Tuesday it appointed Mason Morfit, president of activist investor ValueAct Capital, as a board member. The world's largest software company offered Morfit a board seat in August, following months of lobbying by ValueAct for a say on how Microsoft is run.
The former Microsoft CEO made his first public appearance Tuesday after leaving the helm of the tech giant, delivering a speech at Oxford University.
Newly retired Microsoft CEO Steve Ballmer makes his first public appearance since leaving the helm of the tech giant.
March 4- Warren Buffett is seeking to reassure shareholders about how his Berkshire Hathaway Inc will perform in the decades after he steps down or dies, but remains as vague as ever about succession plans. Jeff Immelt, the CEO at General Electric Co, has been unable to get his company's share price anywhere near the heights achieved by his predecessor Jack Welch.
SEATTLE, March 3- Microsoft Corp on Monday put pugnacious pollster and political adviser Mark Penn in charge of strategy but left company watchers uncertain what exactly his new role will entail.