Open

Coming up

Don't miss

Replay


LATEST SHOWS

FOCUS

Pakistan's Ahmadis living in fear of extremist attacks

Read more

WEB NEWS

Web users show solidarity with Iraqi Christians

Read more

THE INTERVIEW

Gilles Kepel, Islamic and Arab world specialist

Read more

BUSINESS DAILY

Argentina braced for another debt default

Read more

DEBATE

Too Late for Sanctions? Pressure Mounts on Russia over Ukraine (part 2)

Read more

DEBATE

Too Late for Sanctions? Pressure Mounts on Russia over Ukraine

Read more

MEDIAWATCH

'What would you do?'

Read more

AFRICA NEWS

Ebola virus: Liberia shuts most border points

Read more

IN THE PAPERS

Netanyahu says Gaza operation will not end quickly

Read more

  • France extradites suspected Jewish Museum shooter to Belgium

    Read more

  • Video: How tourism is helping Rwanda’s gorillas, ex-poachers

    Read more

  • Calls mount to ban France’s ‘violent’ Jewish Defence League

    Read more

  • Rare Sri Lankan leopard cubs born in French zoo

    Read more

  • France evacuates its nationals from Libya

    Read more

  • Israeli strikes target symbols of Hamas power

    Read more

  • US says Russia violated arms treaty by testing cruise missile

    Read more

  • Argentina in last-ditch effort to avert default

    Read more

  • Karzai’s cousin killed in Afghan suicide attack

    Read more

  • Libya oil tanker fire blazes out of control

    Read more

  • In pictures: From Gaza to Mosul, bittersweet end of Ramadan for Muslims

    Read more

  • France offers asylum to Iraqi Christians

    Read more

  • Moroccan police arrest French al Qaeda recruiter

    Read more

  • French mayor files complaint against US father who risked kids’ lives on Mont Blanc

    Read more

  • French footballer Griezmann headed to Atletico Madrid

    Read more

  • Luc Besson’s sci-fi thriller ‘Lucy’ tops US box office

    Read more

Business

Microsoft names Satya Nadella as new CEO

© afp

Text by FRANCE 24

Latest update : 2014-02-04

Microsoft Corp on Tuesday named Satya Nadella (pictured) to replace Steve Ballmer as its chief executive officer and announced that company co-founder Bill Gates will step down as chairman to assume a new role as technology adviser.

Nadella, 46, will become only the third CEO in Microsoft’s 39-year-long history, following Gates and Ballmer.

Microsoft also announced that John Thompson, the company's lead independent director, will succeed Gates as chairman. Gates will retain a seat on the board as well as serving in his new advisory role, the company said in a statement.

Shares of the world’s largest software maker were up 1.1 percent in pre-market trading following the news.

Indian-born Nadella has been an executive in some of the company's fastest-growing and most profitable businesses. For the past seven months, he was the executive vice president who led Microsoft's cloud computing offerings.

The choice of Nadella was widely expected, and investors and analysts are already weighing how effective the 22-year Microsoft veteran will be in re-igniting the company’s mobile ambitions.

Despite its longstanding position as a leader in the technology industry, Microsoft has been late adapting to recent developments. It has allowed Google to dominate in online search and advertising, and watched on the sidelines as iPhones, iPads and Android devices sapped sales from the company's traditional strength in personal computers.

Its attempt to manufacture its own mobile devices has been littered with problems, from its quickly aborted Kin line of phones to its still-unprofitable line of Surface tablets.

Microsoft's cloud computing offering, Azure, and its push to have consumers buy Office software as a $100-a-year Office 365 subscription are seen as the biggest potential drivers of Microsoft's growth over the next couple of years. Both businesses saw their number of customers more than double in the last three months of the year, compared with a year earlier.

Most agree that Nadella’s background in creating Microsoft’s “cloud” computing services makes him a safe pair of hands to take the company forward, but there remains a question over his ability to make Microsoft a hit with consumers or with impatient shareholders.

(FRANCE 24 with REUTERS and AP)

 

Date created : 2014-02-04

  • TELECOMMUNICATIONS

    Nokia to sell mobile phone unit to Microsoft

    Read more

  • BUSINESS

    PC sales see worst drop ever as slump deepens

    Read more

  • INTERNET

    EU fines Microsoft over web browser options

    Read more

COMMENT(S)