Microsoft's board of directors reduced outgoing CEO Steve Ballmer's bonus for the 2013 fiscal year, citing poor performance of Windows 8 and the $900 million Surface RT write-off, according to a filing with the U.S. Securities and Exchange Commission.
A trio of the top 20 investors in Microsoft, anxious about the selection of the company's next CEO, have asked the board to push Bill Gates out of his chairman's spot, according to a report by Reuters.
Northeast Utilities in Connecticut Tuesday confirmed that it plans to turn over part of its IT operations to two India-based outsourcing firms, despite a recent push by state lawmakers to keep it from doing so.
Current Ford Motor CEO Alan Mulally has moved into second place behind former Nokia chief Stephen Elop in the betting pool as the next Microsoft CEO, according to an Irish bookmaker.
Microsoft handed out nearly $60 million in stock grants to eight executives on the same day it filed papers with the U.S. Securities and Exchange Commission announcing that the board had authorized special incentives to keep senior management from jumping ship.
Google announced today it is building a network for tech entrepreneurs in seven North American cities.
BlackBerry said it will be at least next week until it relaunches the BlackBerry Messenger service for Android and iOS.
With Microsoft facing an almost insurmountable challenge to remain viable, some see parallels between the software giant and DEC, the high-flying tech titan of the 1980s that had all but disappeared by 1996.
Google is putting its considerable muscle behind healthcare with a particular focus on aging and the diseases that accompany it.
Facebook co-founder and CEO Mark Zuckerberg figures he's about the last guy anyone would come to for advice on how to launch an IPO.
In wide ranging discussion Wednesday, Yahoo CEO Marissa Mayer talked about the company's not-so-popular new logo, the status of her turnaround efforts and whether she's happier at Yahoo than she was at Google.
Former Nokia CEO Stephen Elop has moved into a commanding position as the overwhelming favorite to win the CEO job at Microsoft, according to online bookmakers.
Adding insult to injury after Wall Street boosted Microsoft's stock price when CEO Steve Ballmer announced he would retire, now a U.K. bookmaker is taking bets on Ballmer's replacement.
Microsoft's board of directors must hire a new CEO from outside the company's ranks to follow through on retiring chief executive Steve Ballmer's promise to reinvent the tech giant, analysts said.
As reports on Steve Ballmer's plan to retire from his Microsoft CEO post raced across the Internet this morning, Twitter lit up with tweets poking some fun and hand wringing about the fate of Microsoft.