Microsoft’s board is in search for the new CEO for Microsoft as current CEO Steve Ballmer is retiring next year. Microsoft previously announced that they are considering both internal and external candidates for this job. Reuters reported that former Nokia CEO Stephen Elop and current Ford CEO Alan Mulally are now part of the shortlisted external candidates list. Also the internal candidates under consideration includes former Skype CEO Tony Bates, who is now responsible for Microsoft’s business development, and Satya Nadella, the company’s cloud and enterprise chief. There is a new report from Chinese blog WPDang where Microsoft’s COO Kevin Turner is among the internal candidates list. It was also reported that Kevin Turner will become CEO of Microsoft replacing Steve Ballmer for next 2-3 years followed by Stephen Elop becoming the CEO. Kevin Turner worked nearly 20 years at Wal-Mart Stores before coming to Microsoft. Being COO for the ...

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Microsoft Bing today announced yet another partnership with Klout to make searching for person’s digital identity easier. Bing Snapshots on the right side of the search results will present the information about the person searched for. Klout-Verified Snapshots allow people to influence how they appear within the Snapshot column on Bing. To help people manage their presence online, we’ve teamed up with Klout to create Bing Personal Snapshots. An expansion of People Snapshots introduced this past March, Klout-Verified Snapshots allow people to influence how they appear within the Snapshot column on Bing. Basic information is drawn from a person’s connected LinkedIn profile, while also displaying links to their Twitter, Facebook and Klout profiles. Once a Snapshot has been claimed, a profile will include a ‘verified’ badge. As part of the update, we’ll also display Top Klout Moments, which show a person’s most influential posts from Twitter and Instagram inside the ...

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Microsoft’s board has officially appointed a committee to select the successor to Chief Executive Officer Steve Ballmer. According to the report from Bloomberg, Microsoft’s board is working toward selecting the successor by the end of this year. Also the board is narrowing its CEO choices after preliminary interviews. It also reports that some candidates like EBay CEO John Donahoe have declined to be considered for the post said two people. The board has also solicited advice from Silicon Valley veterans such as Charles Giancarlo, a former Cisco Systems Inc. executive and now a managing director at private-equity firm Silver Lake, said other people with knowledge of the matter. Board members have already spoken with candidates such as Ford Motor Co. (F) CEO Alan Mulally; former Nokia Oyj (NOK1V) CEO Stephen Elop, who will join Microsoft when its $7.2 billion acquisition of Nokia’s handset unit closes; former Microsoft No. 3 executive ...

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Reuters today reported that Microsoft Chairman Bill Gates and retiring Chief Executive Steve Ballmer are standing for re-election to Microsoft board of directors. Even though this is not a surprise news for lot of us, the investors who are trying to reduce the influence of Gates and Ballmer in the company won’t be happy to hear this news. Ballmer announced last August about his plan to retire within 12 months in August and Microsoft’s board is searching for a new CEO from both inside and external candidates. Reuters also reported that it is highly likely both Gates and Ballmer will be re-elected by shareholders at the annual meeting on November 19. Bill Gates and Steve Ballmer still own a significant share of Microsoft. While Bill Gates remains the company’s largest individual shareholder, with a 4.5 percent stake, Steve Ballmer is not far behind with 4 percent. If Bill Gates continues to sell shares of ...

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Microsoft’s current CEO Steve Ballmer got only 79% of his total eligible bonus set for him by the board due to the slow growth in Windows 8 and Surface RT write off. The information was revealed in the proxy statement filed by Microsoft yesterday. The fiscal 2013 proxy statement gave the following reason on Ballmer’s bonus: “The company faced challenges due to weakness in the consumer PC market. While the launch of Windows 8 in October 2012 resulted in over 100 million licenses sold, the challenging PC market coupled with the significant product launch costs for Windows 8 and Surface resulted in an 18% decline in Windows Division operating income. Slower than anticipated sales of Surface RT devices and the decision to reduce prices to accelerate sales resulted in a $900 million inventory charge.” Steve Ballmer received a total of $1.26 million in fiscal 2013 which includes a base salary ...

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Few days back, we reported that Microsoft CEO Steve Ballmer gave an emotional speech at his last annual company meeting held in Seattle this week. Steve Ballmer was moved to tears at one point of his speech. The Verge then reported about the happening as below, At one point during the meeting, Ballmer chose to play the song he used back at his first company meeting in 1983: Michael Jackson’s “Wanna Be Startin’ Somethin’”. He then proceeded to jump and dance around the stage screaming at the top of his voice “the sound of Microsoft!” After the song ended, an emotional Ballmer paused to “enjoy this for a minute,” with tears visibly streaming down his face. “You work for the greatest company in the world, soak it in.” Today, they posted a video of the same. You can watch it above. Steve Ballmer, take a bow. I don’t think any ...

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  Microsoft has its annual company meeting at Key Arena yesterday where more than 20,000 Microsoft employees assembled to hear Steve Ballmer talk for the one last time in front on this huge crowd. As expected, he was moved to tears at one point of his speech. The Verge describes the situation in which Ballmer had tears as below, At one point during the meeting, Ballmer chose to play the song he used back at his first company meeting in 1983: Michael Jackson’s “Wanna Be Startin’ Somethin’”. He then proceeded to jump and dance around the stage screaming at the top of his voice “the sound of Microsoft!” After the song ended, an emotional Ballmer paused to “enjoy this for a minute,” with tears visibly streaming down his face. “You work for the greatest company in the world, soak it in.” Ballmer also promised one thing, “we will deliver the ...

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Kara Swisher is reporting that Alan Mulally is currently the top pick to become Microsoft’s next CEO.  I have reached out myself to induviduals familiar with the situation who tell me that the board is no where near a final list of candidates and Mulally has indicated he is not interested in the job.  Now, Mrs. Swisher has significantly more credibility than I do, so you’ll have to independently come to your own conclusion here.  Considering Mulally is approaching the age of 70, I still have trouble believing he would become CEO since he would have to plan his own succession almost immediately.  Now, Ballmer and Mulally are friends and he has advised the Microsoft CEO in the past.  Certainly it is quite plausible that Mulally could be giving Microsoft some guidance on picking their next CEO. I will repost an editorial I wrote regarding Mr. Mulally some weeks back: ...

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At Financial Analyst Meeting held yesterday, Microsoft CEO Steve Ballmer spoke with financial analysts for the last time. While he spoke about number of things, he was proud of what Microsoft achieved so far leaving out few missed opportunities like mobile. “We have been very successful,” he said. “We make a ton of money. We’re very proud of that…I’m proud that we’ve made more money than anybody on this list in the last 10 years.” He posted a chart where he compared Microsoft’s financials with all its competitors that includes Apple, Google, IBM and others. As you can see, Microsoft made the most profit in the last 10 years than any other technology company. And also, Microsoft paid the most dividend than any other company in the last 10 years. Read his full transcript below. ...

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I received a significant amount of email, from our readers, on my recent editorial: Why Do Investors Want Alan Mulally? (Hint: He Sold Off Major Ford Assets) While many of you agreed with what I had to say, some accused me of over-analyzing the situation and engaging in conspiracy theories.  Well today our good buddy Paul Thurrott has published an article in which he indicated he would like to see Ford CEO Alan Mulally become CEO of Microsoft and sell or spin-off the Xbox and Online Services Division.  Thurrott writes: Microsoft, let Alan Mulally gut this company and start over. Review the strategy, shed businesses that don’t make sense. Quick sidebar. Which businesses should Microsoft shed? [...] There are two. Kind of like Oldsmobile and Pontiac and you’re a car fan who understands history. They are Online Services and Xbox. Xbox – Several billion dollars lost in R&D on Xbox and Xbox ...

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Ford CEO Alan Mulally’s name continues to pop up as a possible replacement for retiring Microsoft CEO Steve Ballmer.  I like Mulally and there is certainly no arguing that Ford would have gone bankrupt without him.  However, I do not think he is the right person to replace Ballmer, but could be an asset to Microsoft in another capacity.  Making planes at Boeing and cars at Ford is quite different from running a premiere technology company. We recently covered a report, in which investors have been pressuring Microsoft to name Mulally as CEO.  Why would investors want Mulally as CEO? He isn’t from Google, Apple, Amazon, Twitter or some other hot silicon valley startup.  He isn’t fawned upon by the Technorati (excluding the times he does large ad buys on their “respective” websites).  Mulally isn’t young or hip.  He isn’t a rich socialite or fashionista akin to Marissa Mayer.  He isn’t a bully like Steve Jobs.  He ...

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Ford CEO Alan Mulally’s name comes up often as a possible replacement for retiring Microsoft CEO Steve Ballmer.  On the surface it seems like a good idea.  Mulally has an engineering background and revamped Boeing and Ford.  Mulally and Ballmer are friends, especially given both their connections to Detroit.  In 2009 Ballmer wrote the introduction for Mulally when he was named in Time magazine’s top 100 people.  While I do not want to get into a lengthy discussion of why I do not think Mulally is right for Microsoft as CEO, consider the fact that he is 68 years and was set to retire from Ford at the end of 2014.  I do think Mulally would be able to provide great insights for Microsoft and might be a great board member. The Ford board has warmed up to Mark Fields, their current COO, as a natural successor to Mulally and are now comfortable ...

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Over this labor day weekend I was working on an editorial analyzing some of the implications of getting Stephen Elop onboard as Microsoft’s next CEO.  Spending time with family kept me quite busy and I never quite finished it as early as I had intended.  And then this morning I get to work, I see a message from Pradeep, BOOM, Microsoft has acquired Nokia.  Well I hate for my editorial to go to complete waste, so I’m going to share what my thoughts were before the announcement and publish part of it anyways.  I made some incorrect assumptions in the editorial I was writing, but I got some things correct too.  Here it is for those interested in its rough, unfinished form: Stephen Elop.  Stephen Elop.  Stephen Elop.  Now say it with me, Stephen Elop.  I have not gone a two seconds, since Microsoft CEO Steven Ballmer’s retirement announcement, without hearing the Nokia ...

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The powers that be at Microsoft unleashed their attack dog, Frank Shaw to punch back at the tech press; justifiably so, I only wish they would have done it sooner.  For the past few days we have seen nothing “news articles” slamming Ballmer.  Sure he has made some major mistakes, but there was not even a slight attempt to balance the coverage even slightly.  The problem is that what is written on tech blogs is regurgitated into the mainstream press.  For example Forbes call Ballmer the worst CEO ever of any publically traded company. Ballmer doubled profits, tripled revenues and served as Bill Gates’ right hand man since near the inception of the company.  Half of Microsoft’s billion dollar businesses came to fruition under Ballmer.  Ballmer certainly wasn’t the greatest CEO ever but given the circumstances and the situation he inherited I thought he did an okay  job.  And it’s ...

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My third favorite Australian (behind Rupert Murdoch & Michelle Jeneke) and well known technology enthusiast Long Zheng had an interesting set of tweets shortly after Ballmer’s retirement announcement. In his typical humorous fashion, using the hashtag #IfIWereMSFTCEO on twitter, Zheng pondered a number of things he would immediately do if Microsoft named him CEO. What would you do as Microsoft CEO? Voice your thoughts in the comments below.  We’ll do a follow-up post with the best ideas.   What would you do as Microsoft CEO? Voice your thoughts in the comments below.  We’ll do a follow-up post with the best ideas. Please follow Long Zheng on twitter and his startup 121cast (SoundGecko) ...

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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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