Tag: Stephen Elop

Microsoft Corporation Shakes Up Leadership Team

Microsoft Corporation Shakes Up Leadership Team

Microsoft CEO Satya Nadella announced the changes in the company’s senior leadership team to align its engineering efforts and capabilities to deliver on strategy. In an e-mail to employees, Nadella said the change will allow Microsoft to “deliver better products and […]

Microsoft Corporation Ditching Nokia, Windows Phone

Microsoft Corporation Ditching Nokia, Windows Phone

Microsoft Corporation (NASDAQ:MSFT) would abandon Nokia name and would no longer use for its mobile products, according to a leaked internal document. While the sale has been indicated by the company previously, the document obtained by tech blog GeeksOnGadgets just […]

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Microsoft Exec Stephen Elop’s Email To Workers

Strategy of Microsoft’s CEO Satya Nadella, organizational changes such as cutting man-power and the pace of the investment for acquisition of Nokia, will remain the main focus. Microsoft announced today that it will cut up to 18,000 jobs, which will be the […]

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Microsoft Corporation (MSFT) Completes Nokia’s Device Business Deal

Microsoft Corporation (NASDAQ:MSFT) confirmed today that it has officially closed the acquisition of Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V)’s handset business. The purchase was originally announced in September 2013. Under the terms of the deal, the Finnish company will license patents to Microsoft. However, […]