Friday, November 22

Tag: satya nadella

Nadella Congratulates Trump; Looks Forward to Work With Him
Entrepreneurs Talk

Nadella Congratulates Trump; Looks Forward to Work With Him

Tech giant Microsoft's India-born CEO Satya Nadella has congratulated US President- elect Donald Trump and said he looks forward to working with all those elected in the general election. "Yesterday, we witnessed the democratic process in action here in the US. The results are of importance around the world, and I know that interest is shared among Microsoft employees," Nadella, 49, wrote on Microsoft-owned professional networking site LinkedIn yesterday. "We congratulate the president-elect, and look forward to working with all those elected yesterday. Our commitment to our mission and values are steadfast, and in particular fostering a diverse and inclusive culture," he said. In a stunning result, Trump yesterday beat seasoned politician and Hillary Clinton in the knife-edge ...
Microsoft to Layoff Skype Employees in London
News

Microsoft to Layoff Skype Employees in London

IANS- Technology giant Microsoft is planning to close its London office of Skype and to lay-off most of the nearly 400 people employed there, a media report here said. "Microsoft made the decision to unify some engineering positions, potentially putting at risk a number of globally focused Skype and Yammer roles," the Financial Times quoted Microsoft as saying. Skype will still maintain offices throughout the world, including in Redmond, Palo Alto, Vancouver, and several locations in Europe. But the layoffs indicate a shift in priorities, with anonymous former employees telling media that Microsoft has increasingly been taking control of Skype, replacing Skype's employees with its own. Skype was one of the first big voice chatting apps, but it's increasingly come under threat f...
Microsoft Posts $3.1 Billion in Profit, a Year After Big Loss
BUSINESS

Microsoft Posts $3.1 Billion in Profit, a Year After Big Loss

AFP, SAN FRANCISCO: Microsoft said Tuesday it posted a profit of $3.1 billion in the just-ended quarter, swinging into the black a year after hefty charges from writing off mobile phone assets. "This past year was pivotal in both our own transformation and in partnering with our customers who are navigating their own digital transformations," said chief executive Satya Nadella. The profit in the tech giant's fourth fiscal quarter was nearly identical to the loss from a year earlier, when it took charges of more than $7 billion to reflect the lower value of the Nokia mobile phone division it had acquired. Revenue dipped to $20.6 billion from $22.2 billion in the same period a year ago. Overall, the results were better than most forecasts and sparked an after-hours gain of more than 3% f...
Microsoft Will Use Linkedin As a Facebook For Professionals: Bill Gates
Entrepreneurs Talk

Microsoft Will Use Linkedin As a Facebook For Professionals: Bill Gates

San Francisco: Microsoft Corp. co-founder Bill Gates in an interview with Bloomberg TV’s said, "he’s enthusiastic about the company’s $26.2 billion acquisition of LinkedIn Corp., viewing it as an opportunity to build a business network for the working world like Facebook Inc. has created for social communities." Gates said in an interview with . “If we can make that as valuable as the Facebook feed in the social world, that’s huge value creation and that’ll happen over a period of years.” Users should be compelled to say: “This professional feed in LinkedIn, that is how I want to learn about my career, my company, my industry, and I’m going back there,”. The purchase is a way for Microsoft, which largely missed out on the consumer web boom dominated by the likes of Google and Face...
LinkedIn Buy Biggest Acquisition Since I Became CEO: Satya Nadella
Entrepreneurs Talk

LinkedIn Buy Biggest Acquisition Since I Became CEO: Satya Nadella

Microsoft chief Satya Nadella today said new opportunities for monetisation will be created once integration with LinkedIn, its largest acquisition till date, is completed. The USD 26.2-billion deal, which is the largest in the history of the Redmond-based firm, will help "reinvent productivity and business processes", Satya Nadella said in an e-mail to employees. According to a presentation, the total addressable market size for Microsoft has grown to USD 315 billion, from USD 200 billion earlier. Given this is the biggest acquisition for Microsoft since I became CEO, I wanted to share with you how I think about acquisitions overall. To start, I consider if an asset will expand our opportunity ? specifically, does it expand our total addressable market?" he wrote in the e-mail to emplo...
India is Celebrating It’s Own Tech Innovation: Satya Nadella, Microsoft CEO
Entrepreneurs Talk

India is Celebrating It’s Own Tech Innovation: Satya Nadella, Microsoft CEO

India-born CEO of Microsoft Satya Nadella today said developers and entrepreneurs from India are playing a key role in driving innovation both in the country and outside and the company wants to be the platform for creators here. Nadella, on a one-day trip to India, today met Communications and IT Minister Ravi Shankar Prasad as well as student developers and entrepreneurs this morning. He is scheduled to call on Prime Minister Narendra Modi later in the day. "Its so inspiring for me to come here to see this broad spectrum of student developers, entrepreneurs, artists and even some big brands, e-commerce companies who are all changing the landscape of India and thereby, the world," Nadella said while delivering keynote address at Microsofts Tech For Good, Ideas for India event. ...