The NBA (National Basketball Association) is forced the Los Angeles Clippers owner Donald Sterling to sell the team after racist remarks were leaked by his girlfriend V Stiviano. Mr. Sterling handed control of the sale over to his ex-wife Shirley Sterling. Few months back, it was reported that Steve Ballmer has offered $1.8 billion for the Los Angeles Clippers and later it was confirmed via various reports. There is a case going on in court regarding the sale of Clippers to Steve Ballmer. Donald Sterling is opposing as sale while his wife Shirley Sterling is on the opposition side. On Monday, the court ruled that Shirley Sterling can sell the team to Steve Ballmer, the highest bidder for the team so far. A judge issued a sweeping victory Monday for Rochelle Sterling, ruling that she had the authority to sell the Los Angeles Clippers to the businessman Steve Ballmer, who has agreed ...

Read More →

While a number of mainstream news outlets have reported the L.A. Clippers have been bought by ex-Microsoft CEO Steve Ballmer for $2 billion, it appears this is untrue. Mr. Ballmer’s bid is said to be very strong and is heavily favored in the deal but the transaction has not finalized yet. The deal will likely be finalized tomorrow. Donald Sterling’s ex-wife is currently reviewing all offers. There has been an immense amount of outrage online over the reports Mr. Ballmer would be buying the team. Many had hoped the team would be sold to an African American such as Magic Johnson or Oprah Winfrey. See our earlier reports on the story: Report: Steve Ballmer Offers $1.8 Billion For Los Angeles Clippers Steve Ballmer Considering Buying the L.A. Clippers Update: The Wall Street Journal is confirming Ballmer appears to be first in line, but the transaction has not been finalized yet. Update 2 ...

Read More →

Last week we reported that Shirley Sterling met with former Microsoft CEO Steve Ballmer to discuss the sale of the Clippers (a professional American Basketball team). The NBA (National Basketball Association) is forcing the Clippers owner Donald Sterling to sell the team after racist remarks were leaked by his girlfriend V Stiviano. Mr. Sterling handed control of the sale over to his ex-wife Shirley Sterling. Today, Forbes reports that Steve Ballmer has offered $1.8 billion for the Los Angeles Clippers, according to a person familiar with Ballmer’s interest in the NBA team. Also, Steve Ballmer if wins the bidding will keep the team in Los Angeles as opposed to the fear among Clippers fans that Mr. Ballmer will move the team to Seattle. Another source, with intimate knowledge of the bids that Rochelle Sterling has thus far received for the basketball team, said offers have come in between $1 billion and $2 billion ...

Read More →

TMZ reports Shirley Sterling met with former Microsoft CEO Steve Ballmer Sunday afternoon to discuss the sale of the Clippers (a professional American Basketball team). The NBA (National Basketball Association) is forcing the Clippers owner Donald Sterling to sell the team after racist remarks were leaked by his girlfriend V Stiviano. Mr. Sterling handed control of the sale over to his ex-wife Shirley Sterling. The meeting is said to have taken place at Shirley’s Malibu mansion. There is fear among Clippers fans that Mr. Ballmer will move the team to Seattle. Source: TMZ ...

Read More →

Steve Ballmer, the former CEO of Microsoft took the stage for the first time after retiring from the post of CEO at Microsoft. The stage was The Oxford Union Debates, one of the most famous debating chambers in the world. He discussed about his experience at Microsoft starting as a sales manager for a 30 people company with a annual revenue of $30 million. When Steve Ballmer left Microsoft, it was about $80 billion revenue with headcount around 100,000. Also, he talked about companies having one trick pony can be successful, but they need to have the tricks coming in the technology industry to keep thriving. He cited Microsoft and Apple as the two trick pony companies. Microsoft started with Windows as the first trick, and the server business was the second trick. Similarly, Apple did it twice starting with Mac and then now with iPhone and others. He also ...

Read More →

We already knew this day would come. Former Microsoft CEO Steve Ballmer has now become the largest shareholder of Microsoft. He has achieved this feat as Microsoft co-founder Bill Gates continues to sell his shares. Bill Gates is selling his Microsoft shared to raise money for funding his Bill and Melinda Gates foundation. As of today, Bill Gates’ ownership is down to 330.1 million shares, compared to more than 333 million owned by former Microsoft CEO Steve Ballmer. As per his previous words, Bill Gates will continue to sell shares of Microsoft. On the other hand, Steve Ballmer didn’t even sell a single share of Microsoft since he stepped down from the post of Microsoft CEO. Source: Geekwire ...

Read More →

Steve Ballmer stepped down Microsoft’s CEO last month. In a new interview he gave to WSJ, Ballmer has said that he’s not sure how long he’ll stay as a Microsoft director. He said, “It really as much as anything depends on how I see rest of my life playing out,” in an interview last week. Steve Ballmer leaving Microsoft board should surprise everyone given the fact that Steve Ballmer owns about 4% of Microsoft and he calls Microsoft his “child.” He also revealed that he felt “different” to be just a director, and not CEO, during Microsoft’s board meeting as he was quieter in the boardroom than previously. Ballmer, who turns 58 on Monday, said in the interview he is relishing his first break after more than 33 years at Microsoft. “I have a chance to really think” about what to do next, Ballmer said. That jibes with his first post-CEO public appearance earlier this ...

Read More →

A new report claims that then Cloud EVP Satya Nadella, Tony Bates, along with Bill Gates and the Microsoft board all initially opposed Steve Ballmer’s plan to acquire Nokia.  Nadella would later change his mind but Bates remained vehemently opposed. Tony Bates is no longer with the company, Gates stepped down as chairman, while Ballmer is now on the board and Satya Nadella is currently CEO. If this report is indeed true, I have a deepened respect for Steve Ballmer. Bloomberg reports: Ballmer’s relations with the board hit a low when he shouted at a June meeting that if he didn’t get his way he couldn’t be CEO, people briefed on the meeting said. The flare-up was over his proposed purchase of most of Nokia Oyj, and part of an ongoing debate: Should Microsoft be a software company or a hardware company too? Several directors and co-founder and then-Chairman Bill ...

Read More →

Steve Ballmer joined his old college friend Dean Peter Tufano at the Saïd Business School for a question and answer session.  This is among Steve Ballmer’s first public appearances since Satya Nadella was named CEO of Microsoft and Ballmer officially retired. The relatively informal question and answer session deals very little with the future of Microsoft and mostly discusses higher level business inquiries such as innovation, failure, and management.  Personally I really miss Steve Ballmer, nobody had the energy & passion he had for the company and it’s quite apparent after watching this q&a session. (Talk starts at around 5:30) A few choice quotes from the talk that were tweeted by a senior Verge reporter: Ballmer answers question on what he’d want on his grave stone once he’s dead. “He was a great father and a great husband.” Ballmer says the number one best thing about being rich is “I can ...

Read More →

In his first interview to external publication after becoming CEO of Microsoft, Satya Nadella talks about his leadership lessons from his past leaders Steve Ballmer and Bill Gates, his management approach, One Microsoft Strategy and more. When asked about his learning from Steve Ballmer, he cited an incident with Ballmer from which he learned, ‘The lesson was that you have to stay grounded, and to be brutally honest with yourself on where you stand.”. Q.And what about Bill Gates? A. Bill is the most analytically rigorous person. He’s always very well prepared, and in the first five seconds of a meeting he’ll find some logical flaw in something I’ve shown him. I’ll wonder, how can it be that I pour in all this energy and still I didn’t see something? In the beginning, I used to say, “I’m really intimidated by him.” But he’s actually quite grounded. You can push ...

Read More →

Microsoft’s new CEO Satya Nadella along with Bill Gates and Steve Ballmer yesterday addressed hundreds of Microsoft employee’s regarding this new change at Microsoft. Microsoft’s official blog puts it in a good way as below, As hundreds of Microsoft employees swarmed around a small stage and craned their necks over three floors of balconies and stairwells, raising voices and clapping hands to welcome the company’s third CEO, Satya Nadella – and to honor the previous two CEOs, Steve Ballmer and Bill Gates. On that stage in the middle of the Studio D atrium, the company’s three CEOs Satya Nadella, Bill Gates and Steve Ballmer stood together to talk about the future of Microsoft. “I am honored, humbled and excited – three words that describe what I feel,” said Nadella, who thanked Gates and Ballmer and smiled into a crowd documenting everything with a sea of Windows Phone devices. “You and ...

Read More →

After the official announcement about Satya becoming the CEO of Microsoft, he is now on public webcast which you can enjoy. Satya Nadella is strong advocate for customers and partners, and proven leader with strong technical and engineering expertise. He is addressing customers and partners for the first time as CEO during a Customer and Partner Webcast event. Watch the webcast here. Steve Ballmer, Satya Nadella and Bill Gates addressed a gathering at Microsoft today. Watch the photos from the event below. ...

Read More →

While Bill Gates will be stepping down as chairman of the board, Steve Ballmer will remain on the board.  In Ballmer’s short youtube video on Satya Nadella he also mentions Kevin Turner will continue as Chief-Operating Officer.  Often CEO will pick their own executive teams, much like Terry Myerson putting his own people in positions of power.  We’ll see in the coming months if Nadella feels any changes are needed to be made. In many ways I am sad Ballmer is leaving, no one will ever had the passion and love for Microsoft that he had. *Just to clarify, Bill Gates will still remain on the board of Microsoft, he will just no longer be chairman of the board. ...

Read More →

Microsoft today officially announced that Satya Nadella will become the CEO of Microsoft. Bill Gates steps up to new role as Technology Advisor while John Thompson will become the Chairman of Board of Directors. Here is the email sent from Steve Ballmer to Microsoft employees. From: Steve Ballmer To: All Employees Date: Feb. 4, 2014 Subject: Satya Nadella – Microsoft’s New CEO Today is an incredibly exciting day as we announce Satya Nadella as the new CEO of Microsoft. Satya will be a great CEO, and I am pumped for the future of Microsoft. You can read the full announcement here. Satya is a proven leader. He’s got strong technical skills and great business insights. He has a remarkable ability to see what’s going on in the market, to sense opportunity, and to really understand how we come together at Microsoft to execute against those opportunities in a collaborative way. ...

Read More →

Frank Shaw tweeted moments ago that Satya Nadella has become CEO of Microsoft. Official statement from Microsoft: “As Satya Nadella becomes the third CEO of Microsoft, he brings a relentless drive for innovation and a spirit of collaboration to his new role. He joined Microsoft 22 years ago because he saw how clearly Microsoft empowers people to do magical things and ultimately make the world a better place. Many companies, he says, “aspire to change the world. But very few have all the elements required: talent, resources and perseverance. Microsoft has proven that it has all three in abundance.” Satya Nadella on Satya Nadella Bill Gates on Satya Nadella Steve Ballmer on Satya Nadella John W Thompson on Satya Nadella With a perspective based on more than two decades at Microsoft as someone who pushed to make dynamic changes happen, both in the company’s products and its culture, Satya Nadella says he is both “honored and humbled” ...

Read More →

Confirming the previous reports from WSJ and Recode, Bloomberg today reported that Microsoft Chairman Bill Gates may get involved in product development at Microsoft after the new CEO was announced. There were multiple reports in the past few days that Satya Nadella will be announced as the new CEO and Bill Gates will step down from his chairman position to get involved in product development. As the board prepares to appoint Satya Nadella as Microsoft’s next chief executive officer, it’s considering replacing Gates as board chairman, people with knowledge of the matter have said. Gates would remain a director and be involved in product development, focusing less on administration, the people said. He’s weighing going to work at Microsoft at least one day a week, a person briefed on the matter said. Related posts: Report: Microsoft May Name Satya Nadella As Its Next CEO, Gates Will Be Out As Chairman ...

Read More →