Word: ballmers
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...wondered whether it's a little long in the tooth. "It's clear that Microsoft doesn't see itself as a high-growth company anymore," says Matt Rosoff, a financial analyst with Directions on Microsoft, based in Kirkland, Wash. "The boom days are over." Last year Microsoft CEO Steve Ballmer started giving employees stock grants instead of stock options--a sure sign that the share price is flatlining. Ballmer okayed a minuscule dividend for shareholders, but he has resisted calls to let them dip any further into the $56 billion cookie...
...repairs. The trustees were able to raise $50,000 from prominent alums, including Begley, Robert Bly ’50, Norman K. Mailer ’43, Conan C. O’Brien ’85 and Arthur M. Schlesinger Jr. ’38. Steven A. Ballmer ’77 matched that sum to bring the total...
When Microsoft's chief executive Steve Ballmer flew to Brussels last week, he was carrying an eleventh-hour offer to settle the European Union's antitrust complaints against the company. But the E.U.'s antitrust czar, Mario Monti, wasn't swayed. Monti will proceed with his plans to punish the software giant for allegedly abusing its monopoly and harming competitors and consumers. Details will be announced this week, but the E.U.'s action promises to be the sharpest regulatory rebuke Microsoft has received, far harsher than the settlement the company made with the U.S. Justice Department and several states...
...pushing future products on consumers by "bundling" them with its operating system. Microsoft will survive the fine, but the crackdown will hurt, which is why the restrictions on bundling scuppered last-minute negotiations. "We were unable to agree on principles for new issues that could arise in the future," Ballmer said in a statement. Microsoft is almost certain to appeal. Still, its many foes seem happy. "Monti played his hand superbly," says Ed Black, president of the Computer and Communications Industry Association. --By Peter Gumbel
...build a watertight case against the computer software giant, filing three formal complaints alleging that the company abused its monopolistic position and harmed competitors and consumers. But last Tuesday, just a day after E.U. member states approved tough sanctions against the Redmond powerhouse, Microsoft's chief executive Steve Ballmer flew to Brussels with an eleventh-hour settlement offer that directly addressed many of the European complaints. Some of Monti's staff argued forcefully that it would be smarter to settle now rather than risk a potentially lengthy court battle, according to people familiar with the internal deliberations. But Monti...