Former CEO Steve Ballmer steps down from Microsoft board
Ballmer quits board six months after retiring from 14 year stint as CEO in April Steve Ballmer has left his role as an acting board member of Microsoft to focus on his ownership of basketball team LA...
View ArticleMicrosoft announces sales of 10.5m Lumia devices in Q2
Phone hardware revenue of $2.3 billion while Surface tablet revenue grew 24 per cent to $1.1 billion Microsoft has announced second quarter earnings that show its Lumia handsets are selling faster...
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Microsoft to axe 7,800 jobs in smartphone business restructure
US-firm announces $7.6 billion write-off from Nokia deal amidst restructure of manufacturing business Microsoft has announced plans to cut up to 7,800 jobs as part of a restructure of its phone and...
View ArticleNokia writedown causes $3.2 billion losses for Microsoft
US firm wrote $7.5 billion off Nokia acquisition earlier this month while revenue fell five per cent to $22.1 billion Microsoft has announced losses of $3.2 billion (£2 billion) for the three months up...
View ArticleMicrosoft throws down gauntlet in health wearable sector
New products will take health monitoring to new levels and even save lives Microsoft intends to become the leader in advanced wearable technology for healthcare and medicine, according to Leila...
View ArticleSales of Lumia handsets nosedive to 4.5m in Q4
Microsoft revealed smartphone sales had more than halved on the final three months of 2014 in its latest financial results Microsoft saw sales of its Lumia handsets more than halve year on year to just...
View ArticleMicrosoft to axe 1,850 jobs as smartphone business shrinks further
Latest round of cuts to be completed by July 2017 at a cost of $950 million Microsoft is axing 1,850 jobs in its smartphone business as the tech giant looks to further streamline that division. This...
View ArticleJob cut fears at Microsoft UK
Sources claim staff numbers in its handset team could fall from 40 to 10 Microsoft is set to axe three quarters of its UK handset team as part of a global restructure, Mobile News understands. Last...
View ArticleMicrosoft to buy LinkedIn for £18.3bn
Software giant to acquire professional network in its biggest ever cash deal Microsoft has agreed a deal to acquire business social network LinkedIn in a deal worth $26.2 billion (£18.3 billion). With...
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Is Microsoft set to kill off handset business?
• Handset division “decimated” • No roadmap revealed beyond 2016 Microsoft’s future in the handset market was brought into serious question last week, following major cuts to the UK team and claims by...
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