Shares of Microsoft Corp climbed as much as 2.3 percent on Thursday after influential hedge fund manager David Einhorn caused a stir on Wall Street by calling on Chief Executive Officer Steve Ballmer to step down.
Stocks rose for a second day, erasing early losses in a volatile day on Thursday as earnings helped technology and consumer discretionary stocks after a substantial fall for equities this month.
Stocks fell on Thursday following a rise in weekly jobless claims that added to concerns about an impending economic slowdown, while Goldman Sachs lowered its forecast for the S&P 500 index.
Stocks were little changed on Thursday following a rise in weekly jobless claims that analysts said had been priced into shares.
Stock index futures pointed to a flat open on Thursday as the economy grew less than expected in the first quarter, adding evidence that global demand is slowing and underscoring recent equity weakness.
Stock index futures were little changed on Thursday as investors looked ahead to data that could shed light on the economy's health amid worries that global demand was slowing.
Microsoft announced an update for its Windows Phone 7 OS under the moniker Mango which will be rolled-out this fall bringing a deeper integration between native services and apps.
Stock index futures were little changed on Thursday as investors looked ahead to data that could shed light on the economy's health amid worries that global demand was slowing.
Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.35 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.35 percent at 4:50 EDT.
Software giant Microsoft should replace Steve Ballmer as its Chief Executive, Greenlight Capital Inc. President David Einhorn said at the Ira Sohn Investment Conference in New York.
Steve Ballmer is wrong. Windows 8 will not be released in 2012, and when the next version is released, it may not be called Windows 8, after all.
The coming of the next version of Windows in 2012, as announced by Microsoft CEO Steve Ballmer during a speech at a developer conference in Tokyo might just be a speculation as the company is yet to confirm on its date and OS features, reports PC World.
The days of Android-ARM exclusive partnership are under threat as Acer is due to launch Android 3.0 or Honeycomb-based 10.1-inch tablet powered by Intel's Oak trail chip.
Microsoft chief Steve Ballmer confirmed on Monday, that the company's next generation of Windows systems will be released in 2012 and new Windows phone with 500 additional features will be launched in Japan at the end of this year.
International Business Machines (IBM) has edged past old rival Microsoft Corp in market value for the first time since April 1996.
Software giant Microsoft's next operating system Windows 8 will be available in 2012, said the company's chief Steve Ballmer at the Microsoft Developer Forum in Tokyo on Monday.
Microsoft will launch next year its much talked about Windows 8, the latest version of its operating system, CEO Steve Ballmer said in Tokyo on Monday. Ballmer said developers were hard at work on the next version of Windows, but did not drop any clue to its rumored features circulating around the Internet.
International Business Machines edged past old rival Microsoft Corp in market value for the first time since April 1996, marking the latest twist in the fluctuating fortunes of two of the world's most storied technology companies.
Finnish mobile maker Nokia will introduce a new ‘Search’ feature on its mobile phones which will allow users to locate a particular place at just a click, a report in the Nokia official blog said.
On Tuesday Microsoft announced details of a $8.5 billion acquisition of online communications company Skype, but the move, conjuring up past initiatives, are leaving analysts bracing for the worse.
Microsoft CEO Steve Ballmer and Skype CEO Tony Bates jointly announced on Tuesday that the two companies have entered into a deal under which Microsoft will acquire Skype for $8.5 billion. Apart from creating value and emerging as a strategically important player in the voice and chat connectivity segment of the exploding web business, Skype also won real big time suitors like Microsoft, Google and Facebook. Perhaps the rivals' attempt to outbid each other and own Skype resulted in the Estoni...
Microsoft snubbed investment banks for its largest deal ever, saving an estimated $25 million to $30 million by not using an adviser on the $8.5 billion takeover of Internet phone service Skype.