Microsoft Corp. announced on Friday that it had offered ValueAct Capital Management LLC President Mason Morfit to join the tech giant's board of directors.
Microsoft Corp
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According to a Bloomberg report, shareholder pressure would most likely influence the incoming CEO of Microsoft to take drastic measures to increase shareholder value and possibly spin off the XBox video game division.
Several speculations stated that the giant software maker Microsoft Corp. would acquire stake in Foursquare Labs.
Microsoft Corp continued to reassure employees of the efforts put into finding a new CEO for the company.
Microsoft Corp currently offers free Surface RT tablets to schools where students utilize the Bing search engine.
Microsoft launched "Bing for Schools" project to aggressively promote own products.
Microsoft stocks dropped 11%, the biggest since 2009.
U.S. Senator John Kerry and his wife intend to divest holdings in dozens of companies to avoid conflicts of interest if he is confirmed as U.S. secretary of state
Business software company Yammer Inc has agreed to sell itself to Microsoft Corp for more than $1 billion.
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