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  • *Microsoft to cut up to 1,850 jobs, most in Finland. HELSINKI/ SAN FRANCISCO, May 25- Microsoft Corp announced more big cuts to its smartphone business on Wednesday, just two years after it bought handset maker Nokia in an ill-fated attempt to take on market leaders Apple Inc and Samsung Electronics Co Ltd.. In a move that clearly puts the stamp of two-year chief...

  • NEW YORK— Microsoft said Wednesday it will cut up to 1,850 jobs and take a $950 million hit to its books as it attempts to salvage its rocky entrance into the smartphone market. Under former CEO Steve Ballmer, Microsoft struggled to compete in a mobile sector dominated by rivals Apple, Google and Samsung. Nadella has been pushing Microsoft to make its flagship...

  • SAN FRANCISCO, March 10- Fifteen years after calling the open-source operating system Linux a "cancer," former Microsoft Corp Chief Executive Steve Ballmer has softened his position. Speaking on Wednesday night at a dinner hosted by Fortune magazine, Ballmer said the position was right for the time, but the threat from Linux was now "in the rearview mirror."

  • Mark Cuban and Steve Ballmer

    Recent rivals Mark Cuban and Steve Ballmer appeared on Kiss Cam during a Clippers-Mavericks game on Thursday night.

  • Steve Ballmer is rumored to have bought a 4 percent stake in Twitter.

    Twitter's stock rose on Friday after a report said former Microsoft CEO Steve Ballmer took a 4 percent stake in the company.

  • John Thompson Chairman of Microsoft (L) and Marc Benioff speak at the Salesforce keynote during Dreamforce 2015 at Moscone Center on September 16, 2015 in San Francisco.

    Acquisition talks are off, but Microsoft and Salesforce.com are getting very friendly, a sentiment on full display at Dreamforce.

  • Li Hejun, Hanergy Holding Group

    In the history of sudden wealth loss, China's richest man may have set a new record, losing as much as $15 billion in a half-hour.

  • Chuck Robbins

    John Chambers is retiring, but don't expect much change at Cisco. Chuck Robbins, head of the company's 20,000 sales team, is cut from a similar cloth.

  • Ballmer bawls over basketball

    The LA Clippers barely won Game 6 over San Antonio Spurs and former Microsoft CEO,Steve Ballmer, could not handle it.

  • The Atlanta Hawks were sold for $850 million, much lower than the $2 billion Steve Ballmer paid for the LA Clippers.

  • Jeff Bezos

    Friday has been a good day for Jeff Bezos.

  • Laptops computers running Microsoft Corp.'s Windows 8.1 operating system.

    Microsoft's radical transformation into an industry collaborator continues as the company announces deals with Salesforce.com, Citrix and Box.

  • Microsoft CEO Satya Nadella addresses shareholders during the company's shareholders meeting Dec. 3, 2014, in Bellevue, Wash.

    One year ago Satya Nadella became Microsoft's CEO. How should the company's shareholders judge his performance?

  • Brooklyn Nets owner Mikhail Prokhorov

    Brooklyn Nets ownership is open to offers to sell stake in the team, but nothing is imminent, owner Mikhail Prokhorov said.

  • Dennis Schroder and Kyle Korver of the Atlanta Hawks go after a rebound during the NBA game at Staples Center on January 5, 2015 in Los Angeles.

    In the first post-Steve Ballmer sale of an NBA team, many wonder who will buy the Atlanta Hawks——and for how much.

  • Stock market data

    Notable, wealthy founders and executives saw a wide spectrum of gains and losses from their company's stock movement in 2014.

  • Donald Sterling

    Charlie Harary, co-founder of H3 & Co., outlined the worst CEO mistakes that "butted up against" societal trends in 2014.

  • A pedestrian walks past the Microsoft campus in Redmond, Wash.

    Microsoft won the software game by selling its Windows suite to the biggest companies. Scott Guthrie's job is to reach some of the smallest.

  • Debbie Gross and John Chambers.

    Few people in tech worked harder over the past 24 years than Debbie Gross. She's executive assistant to John Chambers, the CEO of Cisco.

  • Satya Nadella's $84 million payday

    Hany Nada, GGV Capital co-founder, and the "Squawk Alley" team discuss the move by Microsoft shareholders to approve a new $84 million pay package for CEO Satya Nadella.