Steve Ballmer Sells $1.3 Billion Worth of Microsoft Shares

Mashable: Microsoft CEO Steve Ballmer has sold 12% of his stake in the tech giant in a transaction worth over $1.3 billion. According to a filing with the SEC, Ballmer has sold 49.3 million Microsoft shares over the last three days, bringing his total ownership to 358.9 million shares, or approximately 4.2% of the company. Essentially, he sold 12% of his shares at a price between $26 and $28. Knowing that the media would notice such a large transaction, Ballmer posted a statement on Microsoft’s website, saying that he sold $1....

November 6, 2010 Â· 1 min Â· 205 words Â· Omid Farhang

Microsoft CEO: next Windows release is "riskiest product bet"

Windows 7 might be selling like hotcakes but that’s only going to make it even harder for Microsoft to top. When asked about the riskiest product bet that the software giant is currently developing, Microsoft CEO Steve Ballmer answered “the next release of Windows” without so much as a second of hesitation. Unfortunately, his interviewers don’t ask him for an explanation, so we’ll have to speculate as to why he chose Windows and not something else like Windows Phone, Xbox Kinect, or Bing....

October 24, 2010 Â· 2 min Â· 225 words Â· Omid Farhang

Microsoft Asked to Make a Federal Budget Video Game

The Obama administration’s Bowles-Simpson fiscal commission has been working with Microsoft’s Steve Ballmer to make a computer game about managing the United States federal budget and deficit, USA Today reports. President Obama appointed Erskine Bowles and Alan K. Simpson to lead an 18-person, bi-partisan commission to generate ideas for dealing with the nation’s rising deficit and other fiscal challenges. The game is just a footnote amid the commission’s broader objectives, of course, but it’s actually not a bad idea....

April 17, 2010 Â· 2 min Â· 237 words Â· Omid Farhang