Tech giant Microsoft invested $15 million in location-based social networking app Foursquare and inked a licensing deal to use the latter's places database in their products and services.
Tags: Satya Nadella
Microsoft lays off 2,100, axes Silicon Valley research
Microsoft Corp (MSFT.O) will close its Silicon Valley research-and-development operation as part of 2,100 layoffs announced on Thursday, as it moves toward its new CEO's goal of cutting 18,000 staff, or about 14 percent of its workforce.
Now the hard part: Microsoft CEO touts new Surface tablets
Satya Nadella has enjoyed a fairly smooth ride in his first 100 days as Microsoft Corp chief executive, but he risks hitting a rough patch next week when he unveils the latest models of the tepidly received Surface tablet.
Former CEO Steve Ballmer owns more shares that Bill Gates in Microsoft
Former chief executive Steve Ballmer now owns more shares than Microsoft founder Bill Gates as shown through a regulatory filing from the US Securities and Exchange Commission.
Microsoft rebrands 'Windows Azure' to 'Microsoft Azure'
In a bid to gain traction over its competitors, American software giant is rebranding its open cloud platform 'Windows Azure' to 'Microsoft Azure.' according to sources familiar with the matter cited by ZDNet.
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ValueAct Holdings President Mason Morfit plans to influence Microsoft on how it sells Windows, the operating system that is behind most of the software giant's products, Bloomberg reported.
While the search for the next CEO of Microsoft Corp intensifies. lead contender Satya Nadella took the time to mingle with Paris startups in a conference, Bloomberg reported.
With Microsoft wanting to consider an internal employee for its new chief and its rumored shortlist dwindling with the promotion of Steve Mollenkopf as new Qualcomm chief, a TechCrunch report said the tech giant's new CEO might be Microsoft Cloud and Enterprise chief Satya Nadella by default.
Sources interviewed by Bloomberg said the Microsoft Board had favored Ford CEO Alan Mulally and internal executive Satya Nadella as the front runners to lead Microsoft.
