- Microsoft slumps after Mulally repeats 'no change' Updated: Dec-05-13 2:50 pm
- To spin or not to spin: Does Microsoft need Xbox? Updated: Nov-22-13 12:52 pm
- Gates chokes up at Ballmer's shareholder goodbye Updated: Nov-19-13 3:16 pm
LOS ANGELES - Microsoft shares fell 3 percent Thursday after Ford CEO Alan Mulally said that there is "no change in my plan" to stay with the automaker through the end of next year, dampening some investors' hopes he would take the top job at the software giant soon.
LOS ANGELES - Microsoft Chairman Bill Gates donned a cool leather jacket when he first introduced the Xbox onstage in 2000. More than a decade later, the video game console is still the hippest brand in Microsoft's portfolio. But as the company begins selling its first new Xbox in eight years on Friday, some critics say Microsoft should spin the gaming unit off. They argue that Xbox distracts management from the company's fast-growing cloud computing business and its effort to catch up to rivals in tablet and smartphone sales.
LOS ANGELES - Microsoft chairman Bill Gates choked up while reading from prepared remarks during Steve Ballmer's final shareholders meeting as chief executive.