The Atlanta Hawks were sold for $850 million, much lower than the $2 billion Steve Ballmer paid for the LA Clippers.» Read More
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.
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.
For some corporate founders, the market's rally this year has meant a fortune. Who's gained the most?
The banned Los Angeles Clippers owner's lawyers have hired four private investigators to look into evidence they could use against the NBA.
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.
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.
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.
"Microsoft needs to go through a major transformation much like IBM did 20 years ago," says, William George, Harvard Business School professor, discussing what Microsoft CEO Satya Nadella needs to do to change company culture. Jeffrey Sonnenfeld, Yale School of Management, provides insight.
Discussing the appointment of Satya Nadella as Microsoft CEO, and what this means for the stock and future of the tech giant, with Christina Warren, Mashable senior tech analyst, and Brent Thill, UBS senior analyst.
The company also said Bill Gates would step aside as chairman of the board.
The choice of Satya Nadella as new chief executive reveals a lot about Microsoft's strategy moving ahead.
Kara Swisher, Re/code co-executive editor and the "Squawk on the Street" crew discuss how Microsoft likely came to the decision to "pick the inside choice" of Satya Nadella as the tech giant's new chief executive, and Bill Gates new role as Microsoft's technolgoy advisor.
Satya Nadella, the quiet and self-effacing Microsoft enterprise chief, prevailed over much splashier outside candidates and was named CEO of the software giant today.
Kara Swisher, Re/code co-executive editor, and Norman Young, Morningstar senior equity analyst, discuss what's at stake if Satya Nadella is named as Microsoft's new chief executive.