Tag Archive for: Ballmer

Ballmer uses Twitter to tout his investments, including a new 4% stake in Twitter

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Twitter’s stock price spiked this morning on news that Steve Ballmer, former Microsoft CEO and current owner of the Los Angeles Clippers basketball team, has acknowledged having recently accumulated 4% of Twitter’s stock.

Ballmer made this pronouncement – where else? – on Twitter, though there was initial skepticism regarding the authenticity of the tweet because it originated on a relatively new Twitter account that lacked the requisite blue checkmark we’ve come to rely upon to separate the real from the bogus.

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Bloomberg managed to confirm that the tweet did indeed come from Ballmer.

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Network World Paul McNamara

Steve Ballmer might be dipping his toes back into tech

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Los Angeles Clippers owner and former Microsoft CEO Steve Ballmer recently rejected a $ 60 million offer for TV rights to his team’s regular-season games and is now considering launching his own over-the-top streaming network, The New York Post reported yesterday. 

Earlier this year, Ballmer turned down the $ 60 million per year offer from Fox Sports’ regional network Prime Ticket, marking a substantial increase from its current $ 25 million per year, according to the report. The Post also claims Prime Ticket’s exclusive negotiating period ended in June.

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Network World Colin Neagle

Microsoft CEO Nadella joins Ballmer and Gates in making silly predictions

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A year into his tenure, Microsoft CEO Satya Nadella has now joined both of his predecessors, Steve Ballmer and Bill Gates, in achieving the dubious distinction of issuing spectacularly unlikely predictions.

Is doing this kind of thing on some sort of Microsoft executive checklist?

Nadella, as you may have heard last week, was asked by an ABC News interviewer to name “a technology that we rely on today that will not be around a decade from now?”

Nadella’s reply: “Fountain pens.”

The interviewer held up her garden-variety pen and asked, “No more of these?”

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Network World Paul McNamara

Citing super-busy schedule, Ballmer resigns from Microsoft board

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Former Microsoft CEO Steve Ballmer has broken another tie with the company, stepping down from the company’s board of directors effective immediately.

Ballmer says in an email to CEO Satya Nadella that he’s too busy with his new ownership of the Los Angeles Clippers basketball team, teaching, study and civic contributions to carry on. “The fall will be hectic between teaching a new class and the start of the NBA season so my departure from the board is effective immediately,” he writes.

+ Also on Network World: CEO Nadella issues manifesto to shake up Microsoft; 10 changes CEO Nadella wants from Microsoft workers +

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Network World Tim Greene