You may remember almost two years ago then president of PayPal, Scott Thompson, agreed to become CEO of Yahoo.  It turns out he had some factual inaccuracies on his resume, including not actually having obtained a degree in computer science.  This controversy led to him resigning and Ross Levinsohn was named interim CEO.  Levinson truly believed he would be named permanent CEO, and as it turns out he would have been if not for Marissa Mayer. However, in the time Levinson was CEO of Yahoo, he put together a radical plan for the company and started to implement it at full speed.  BI reports: Levinsohn walked into the room; all of his top executives followed. There was Jim Heckman, Levinsohn’s top dealmaker, who’d spent months negotiating a huge deal with Microsoft Levinsohn told the board that, under his direction, Heckman had begun negotiating a deal with Microsoft to exchange Yahoo’s ...

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Mary-Jo Foley got 15 minutes with Ballmer (as well as a number of other reporters), he talked about his biggest regret: Oh, you know, I’ve actually had a chance to make a lot of mistakes, and probably because, you know, people all want to focus in on period A, period B, but I would say probably the thing I regret most is the, what shall I call it, the loopedy-loo that we did that was sort of Longhorn to Vista. I would say that’s probably the thing I regret most. And, you know, there are side effects of that when you tie up a big team to do something that doesn’t prove out to be as valuable. Source: Mary-Jo Foley ...

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Microsoft CEO today revealed his plans to retire from Microsoft within 12 months from now. Steve wrote a letter to all the employees of Microsoft, read it here. In an interview to Seattle Times, Steve spoke on few things that are interesting. On why he retired before his youngest son went to college - “so we have a successor in place so we can lead a multi-year journey, or  I would have to sign up long enough so I don’t leave mid-stream.” His biggest accomplishment - “giving birth to the notion that people are going to use intelligent devices for their own personal usage.” “When I joined Microsoft, my parents asked me two questions,” he said. “My dad asked: ‘What’s software?’ My mom asked me: ‘Why would a personal ever need a computer?’” Microsoft played “an incredible role in making personal intelligent devices happen,” while also returning profits and cash ...

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A very personal email from Steve Ballmer to all Microsoft employees explaining he will retire within the year: I am writing to let you know that I will retire as CEO of Microsoft within the next 12 months, after a successor is chosen. There is never a perfect time for this type of transition, but now is the right time. My original thoughts on timing would have had my retirement happen in the middle of our transformation to a devices and services company focused on empowering customers in the activities they value most. We need a CEO who will be here longer term for this new direction. You can read the press release on Microsoft News Center. This is a time of important transformation for Microsoft. Our new Senior Leadership team is amazing. The strategy we have generated is first class. Our new organization, which is centered on functions and ...

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Sad news for us longtime Microsoft observers, Steve Ballmer has announced he will retire within the year. During the re-org it was hinted that he wanted a natural successor to emerge many times. Read the official statement, we’ll have a full analysis later today: REDMOND, Wash. — Aug.23, 2013 — Microsoft Corp. today announced that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months, upon the completion of a process to choose his successor. In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the activities they value most. “There is never a perfect time for this type of transition, but now is the right time,” Ballmer said. “We have embarked on a new strategy with a new organization and we have an amazing ...

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David Vespremi was one of Tesla’s early employees.  He served as the company’s Director of Public Relations. Even though he was a highly effective employee for the company, they fired him and slandered his name.  He has spent the a last six years of his life in litigation with the company and recently won a lawsuit against Tesla.  He published a book “Reboot: The (Previously) Untold Story Of Tesla’s Electric Sports Car” by author David Vespremi.  The following describes an encounter between the former CEO of Tesla and Microsoft as written in his book: I’d just taken over as Tesla’s PR guy and had been contacted by old friends at Microsoft Game Studios about including the Tesla Roadster in Project Gotham Racing 4. Darryl Siry, my boss, took me into Martin Eberhard’s (Tesla’s Co-founder/then CEO) office to broach the topic. That’s when it went very wrong. “So, Martin, you know David ...

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