Ballmer became the chief executive officer of Microsoft when Bill Gates stepped down from day-to-day management in January 2000. Since then, the exuberant Microsoft CEO has struggled to keep the world’s biggest software maker relevant in the age of Apple. The company unveiled its own Windows-powered tablet computer—Surface—in June 2012.
National Basketball Association Commissioner David Stern and a group of suitors assembled by Sacramento Mayor Kevin Johnson will try to persuade the Maloof family to complete a sale of the Kings within the next few days.
A Seattle-based group led by Valiant Capital founder Chris Hansen raised its bid for the Sacramento Kings by $75 million to $625 million, five days before National Basketball Association team owners vote on whether to approve relocation.
Microsoft Corp. named Amy Hood its first female chief financial officer, putting a 10-year veteran in charge of debt, finances and a growing cash pile at a software maker beset by plunging demand for personal computers.
Microsoft Corp.’s search for a new chief financial officer is pitting Tami Reller and Amy Hood -- the top finance executives at the company’s two most profitable divisions -- against each other, two people with knowledge of the matter said.
Yahoo! Inc. Chief Executive Officer Marissa Mayer has attempted unsuccessfully to unravel a 10-year search-advertising pact with Microsoft Corp. in favor of a deal with Google Inc., according to people familiar with the matter.
The much-traveled Sacramento Kings should remain in that city rather than move to Seattle in a sale headed by Valiant Capital Management founder Chris Hansen, the National Basketball Association’s relocation committee said.