During the financial earnings call yesterday, Microsoft revealed that they sold 1.1 million consoles in the last quarter. The surprising thing is that Microsoft didn’t offer specific numbers on how many of them were Xbox One. Microsoft also revealed that Xbox platform revenue increased 14% due to more hardware sales than last year. Microsoft CFO Amy Hood said that after they released the new Xbox One offering, they are pleased with the response. At E3, they reasserted their focus on games, with blockbuster titles and key exclusives coming this holiday. With the progress Microsoft is making in channel inventories, the new markets for Xbox One, and our exciting game lineup, Microsoft feel well positioned heading into the holiday season. CEO Satya Nadella commented the following on Xbox, I want to make a few comments on Xbox. It’s important for us to have a core that is thriving. It’s equally important to place smart, ...

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As part of the massive layoffs Microsoft announced today, Microsoft is going to shut down the recently formed Xbox Entertainment Studios which was responsible for creating original programming for Xbox platform. CBS entertainment president Nancy Tellem was hired by Microsoft back in 2012 to lead these efforts and their recent production was “Every Street United” which was premiered on Xbox One during the world cup. There are about 12 projects currently in various stages of production. Few months back, this was the position inside Microsoft, Xbox Entertainment Studios has attracted a slew of top Hollywood talent to develop its original programming slate, with names like Steven Spielberg and Ridley Scott attached to two separate scripted projects based on the “Halo” franchise – but that’s only the beginning. Other shows in production include an unscripted series about international street soccer, an original drama about robotic servants in a dystopian world, and a documentary ...

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Microsoft shares surged more than 4% on Wednesday to their highest price since mid-2000. The current stock price is at 44.07,  up 1.62 from yesterday, a 3.82% increase from the morning. Yesterday, Intel announced their quarterly results which showed a modest growth in PC market. I guess, that was the reason investors are going behind Microsoft shares. Intel’s PC Client Group saw a revenue of $8.7 billion, up 9 percent sequentially and up 6 percent year-over-year. Similarly, Microsoft’s Windows division revenue decline should have stopped this quarter. However, I expect Microsoft to post less than expected earnings because of the Nokia Devices and Services division acquisition. Microsoft bought a loss making venture, so it should affect Microsoft’s bottom line. Also, Microsoft is planning to layoff thousands of employees which will result in lots of costs associated with their compensation and severance packages. If you are a Microsoft investor, are you happy with their performance these days? ...

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Microsoft CEO Satya Nadella spoke at an interview held at Fortune’s Brainstorm Tech Conference yesterday evening. During Q&A session, an attendee said to Satya that Microsoft Research should learn from Google and all the attention it gets for its research projects like Google Glass and driverless cars. He was basically pointing out that Microsoft Research’s efforts are not well recognized by the public when compared to Google’s efforts. Nadella admitted that Google have done a better job of marketing themselves. “Look, it’s always good to learn from others who have done a better job of marketing themselves,” Nadella said to a chorus of laughs from the crowd. He also made the point that getting more press coverage and eyeballs for Google’s projects doesn’t mean that Google is working on more important or better projects than Microsoft is. He also pointed out that several Microsoft Research products have created business opportunities ...

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17 years ago, Chandrababu Naidu, then CM of Andhra Pradesh in which Hyderabad is located made a PowerPoint presentation to convince Bill Gates to open one of Microsoft’s biggest software development centres in Hyderabad. Indian government has now partitioned Andhra Pradesh into two states called Telengana and Andhra Pradesh. Hyderabad will become part of the state called Telengana in the coming years. Chandrababu Naidu has again become the CM of Andhra Pradesh and he is inviting current Microsoft CEO Satya Nadella to start a similar Microsoft development center in his new state and promising all the help he needs. He has chosen Anantapur to be the main technology centre because of the availability of land and infrastructure as well as its proximity to Bangalore. And Anantpur is also the home town of Staya Nadella. Meanwhile, Telangana Chief Minister K Chandrasekhar Rao has also invited Satya Nadella for a meeting to ...

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Last week we reported that Microsoft is planning for layoffs and they may axe up to 10% of their workforce. In the e-mail Satya sent to its employees, he mentioned that Microsoft will share more on the engineering and organization changes needed to focus on their bold ambition in July. In addition to the changes, I guess they will also announce layoffs as part of their quarterly earnings results. We’ll use the month of July to have a dialogue about this bold ambition and our core focus. Today I want to synthesize the strategic direction and massive opportunity I’ve been discussing for the past few months and the fundamental cultural changes required to deliver on it. On July 22, we’ll announce our earnings results for the past quarter and I’ll say more then on what we are doing in FY15 to focus on our core. Over the course of July, the Senior ...

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In the email sent to all of Microsoft’s employees, CEO Satya Nadella spoke about the culture change needed to move effectively in the mobile-first and cloud-first world. He said, “Our ambitions are bold and so must be our desire to change and evolve our culture.” He promised in making Microsoft the best place for smart, curious, ambitious people to do their best work. And he also wants engineering teams to build the experiences our customers love. I’m looking to the sales and marketing organizations to showcase our unique value propositions and drive customer usage first and foremost. Finally, every team across Microsoft must find ways to simplify and move faster, more efficiently. We will increase the fluidity of information and ideas by taking actions to flatten the organization and develop leaner business processes. Culture change means we will do things differently. Often people think that means everyone other than them. ...

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Longtime Microsoft employee Jeff Teper, well known for his work on the Office team, was promoted to head  of corporate strategy to work in areas such as acquisitions and development. Microsoft confirmed Teper was promoted last month, but a replacement for old position in the Office team has not been named yet. Microsoft CEO Satya Nadella continues building out his senior leadership team. Recent changes include moving Mark Penn to chief strategy officer, Phil Spencer to head of Xbox, and Stephen Elop finally joining Microsoft as EVP of Devices and Studios. Teper was responsible for hiring and recruiting Nadella to work for Microsoft in the early 90s from Sun Microsystems. Nadella was originally hired to help persuade developers to move from Sun’s server operating system to Windows NT. Besides Teper’s work on Office 365 he is also known as one of the father’s of SharePoint. Source: Bloomberg ...

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It was as if two long lost brothers had been reunited. Audibly excited Microsoft CEO Satya Nadella and Salforce.com CEO Mark Benioff celebrated their strategic partnership in a joint conference call earlier this afternoon. Historically Microsoft and Salesforce.com have been bitter rivals, and Benioff an outspoken critic of Microsoft. But with Salesforce stock down over 20% in the last year, the company decided it was best to put their past behind them. “We are excited to partner with salesforce.com and help customers thrive in a mobile and cloud-first world,” said Satya Nadella, CEO of Microsoft. “Working together we’ll deliver new solutions that connect the customer insights of Salesforce to the cloud productivity of Office 365, the cloud platform of Azure and the mobility of Windows, so our customers can do more.” “Today is about putting the customer first,” said Marc Benioff, chairman and CEO, salesforce.com. “Together with Microsoft, we are building ...

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In an interview with The Wall Street Journal in Istanbul, Microsoft Chairman John Thompson spoke about the new CEO of Microsoft Satya Nadella and the company’s progress in the recent days. He said, “Satya is still defining and tuning what he wants the ultimate strategy of the company to be, and over the course of the next three to six months, that will clearly become more visible to the marketplace at large.” He said that the situation is lot different from when Steve Ballmer took over from Bill Gates as the CEO of Microsoft in 2000, “You would find it to be a very different environment today than it might have been a year or two ago,” Mr. Thompson said. “The employee base in Microsoft, particularly the tens of thousands of engineers we have, are ecstatic that we have someone with Satya’s background leading and guiding and managing our company. Bill ...

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At a press event in New York earlier today Microsoft executives took subtle jabs at Apple. The Redmond software giant’s CEO Satya Nadella addressed a comment made by Apple CEO Tim Cook in 2012 about Windows 8: “You can converge a toaster and a refrigerator, but those aren’t going to be pleasing to the user.” During Nadella’s introduction at the event he stated: “We clearly are not building refrigerators or toasters.” Surface leader Panos Panay also took the opportunity to respond to a quip by Cook last year: “Our competition is confused. They’re turning tablets into PCs and PCs into tablets. Who knows what they’re going to do next?” As part of Panay’s slideshow he had a sign showing two distinct paths, showing Apple is taking their users in two different directions while Microsoft is taking the right path. While I’m sure your average person does not care about these ...

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Microsoft has announced that Microsoft CEO Satya Nadella is now part of the jury team for the Imagine Cup student competition finals. Along with Satya, Reddit GB Erik, and Code.org founder Hadi will be their three VIP judges who will welcome Imagine Cup students from around the world on their visit to Seattle. Microsoft has partnered with University of Washington, where the students will be staying in the school’s latest high-tech living spaces during World Finals 2014. Microsoft’s new CEO, Satya Nadella, will be at World Finals to judge the best student projects. Satya was just 25 years old when he first joined Microsoft, two years after completing his Master’s degree in Computer Science at the University of Wisconsin-Milwaukee, and he’s now risen all the way to CEO. With his forward-thinking, cloud-first approach Satya is already making waves in the technology industry as he drives Microsoft towards a bold future. ...

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Watch the latest video at <a href=”http://video.foxbusiness.com”>video.foxbusiness.com</a> In an interview with FOX Business Network’s Liz Claman, Warren Buffett and Bill Gates spoke about their respective fields and some things which are in common. Bill Gates was asked by a student on whether Microsoft should spin off Bing and Xbox business to create more value to the shareholders. He replied that he don’t think Microsoft would do that. Because, Bing is becoming a fundamental technology platform that nowadays powers even Microsoft’s core business Office. He also pointed out that Microsoft has spin off companies that they think are not relevant to Microsoft’s vision, some of the examples are Expedia and Slate magazine. But the basic research and the stuff that goes into Bing simple makes it impossible for Microsoft to spin it off. Similarly in Xbox business, Microsoft is bringing the power of PC gaming to console and they are trying ...

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The Office for iPad team held an IAmA (as me anything) on Reddit earlier today.  The team is actually rather small and is the same group that writes the Office for Mac applications.  While there was not anything groundbreaking revealed, there were some interesting questions answered. Q: Hi! Where there any unforeseen complications in the making of these apps? How did you handle it? A: Yes, we ran into a number of complications, most of them involving resource constraints. For example, if you opened a document in Word with a lot of comment bubbles, Word would run out of memory. Fixing some of these required re-architecting some features, which is one of the reasons it took us so long.  –Rick To pile on to what Rick said, PowerPoint ran into similar resource constraints for SlideShow. We wanted to make sure that everything worked as you would expect (transitions, animations, etc.) and as you can ...

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An internal email made public by Microsoft shows CEO Satya Nadella fine tuning his senior leadership team.  In in widely expected move Scott Guthrie has been promoted from acting leader for the Cloud and Enterprise organization to Executive Vice President. Guthrie essentially takes over Nadella’s old position prior to becoming CEO. Following Marc Whitten’s resignation, Phil Spencer has been promoted to take on a new role leading Xbox, combining the Xbox and Xbox Live development teams with the Microsoft Studios team.  Interestingly Spencer reports to Terry Myerson.  Yusuf Mehdi retains his position leading business strategy and marketing for Xbox. George Peckham will continue to head up third-party partnerships with Xbox.  And we finally hear of Sinofsky lieutenant Mike Angiulo who will continue leading Xbox hardware. Also as expected Stephen Elop will join Microsoft as Executive Vice President, Microsoft Devices Group, reporting directly to Nadella.  The Nokia deal is now expected to close ...

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Other than consumers and investors, even Apple CEO seems to be excited about Office for iPad launch. Tim Cook, CEO of Apple today posted a welcome message to the Microsoft CEO Satya Nadella for the launch of Office for iPad. Microsoft CEO Satya in turn thanked Tim Cook for his message and tweeted that he is excited to bring the magic of Office to iPad customers. It’s good to see two CEOs of leading technology company having a nice little conversation on public forum. You can check out the tweets here and here. Relates posts, Microsoft Announces Office For iPad, Available For Download In Few Hours Microsoft Office Suite Apps Word, Excel And PowerPoint Now Available As Free Download From Apple AppStore Microsoft Releases Office Mobile Apps For Free For iPhone And Android Devices   ...

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