It looks like Microsoft is going to finish up promised layoffs on Thursday as it continues to reshape its board of directors.
Folks may have been thinking about it for awhile, but now some apparently are saying it aloud — they want to push Microsoft co-founder Bill Gates out as chairman.
ValueAct is a shareholder activist firm that will consult on Microsoft business going forward. It was not, however, consulted on the $7.2 billion Nokia buyout.
After years of playing footsie — in a game that accelerated over the past 12 months — Microsoft and Nokia finally pulled the trigger on a $7.2 billion deal. What changed in the past month?
In an unusual move, Microsoft appears to have caved to pressure and given shareholder ValueAct access to top management and a board seat.
Steve Ballmer’s slow-motion exit as Microsoft CEO is looking a little less orderly than previously portrayed, according to AllThingsD.
Nomura Securities analyst Rick Sherlund expects activism sparked by ValueAct will spur change for the better in Redmond.