Subscribe free to our newsletters via your
. 24/7 Space News .




INTERNET SPACE
Microsoft needs to 'start up again': CEO
by Staff Writers
Rome (AFP) Nov 05, 2013


Microsoft chief executive Steve Ballmer on Tuesday said the computer giant had to reinvent itself to avoid being "old and tired" as his company struggles to keep up in the mobile devices sector.

"We're finding ourselves having to start up again," Ballmer said at a conference in Rome where he announced Italy had become the first country in which Microsoft phones were outselling iPhones.

"Unless you're constantly inventing something new, you're old and tired. Today we're having to remake ourselves," Ballmer told his audience.

Referring to the success of Microsoft against rival Apple's iPhone in Italy, he quipped: "I don't know how long it's going to last."

Ballmer was a classmate and friend of Bill Gates from their days at Harvard University in the 1970s.

He took over from Gates in 2000 but earlier this year said he will step down by August 2014.

When Ballmer took over, Microsoft was the undisputed tech sector leader, and the world's largest company in market value. But in recent years it has struggled as consumers began to move from desktop and laptop PCs to mobile devices.

Taiwan Acer CEO resigns over 3Q widening loss
Taipei (AFP) Nov 05, 2013 - J. T. Wang resigned as chairman and CEO of Acer Tuesday as the Taiwanese personal computer maker reported a net third-quarter loss of Tw$13.1 billion ($442.2 million).

Wang's resignation has been approved by the board of directors but he will remain in the chairmanship until the end of his tenure next June, the company said in a statement.

"Acer encountered many complicated and harsh challenges in the past few years. With the consecutive poor financial results, it is time for me to hand over the responsibility to a new leadership team to pave the way for a new era," Wang said.

His position as CEO will be filled by president Jim Wong from January, but the company did not say who will become chairman after June.

The company saw its net loss rise from $11.39 million in the second quarter.

Third-quarter revenues dropped 11.8 percent year-on-year to Tw$92.2 billion ($3.1 billion).

The company said the third-quarter loss resulted from a rise in inventory levels and from one-time compensation payments related to longstanding litigation.

Shipments of Acer's notebooks, tablet PCs and Chromebooks are expected to fall 10 percent in Q4 compared to the third quarter, the company said.

In the face of the tough outlook, Acer has set up a business restructuring group led by founder Stan Shih and co-founder George Huang.

It envisages a seven percent cut in the number of global employees next year.

.


Related Links
Satellite-based Internet technologies






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








INTERNET SPACE
BlackBerry scraps search for buyer, ousts CEO
Ottawa (AFP) Nov 04, 2013
BlackBerry abandoned hopes of finding a buyer, and instead pegged its future on a $1 billion cash infusion as it shook up top management Monday and named a new chief executive. The Waterloo, Ontario-based company's announcement comes two and a half months after its largest shareholder Fairfax Financial Holdings Inc. offered to buy the rest of the business and take it private. Fairfax ins ... read more


INTERNET SPACE
Moon mission yields clues to face of 'man in the moon'

Shanghai-built lunar rover set for lunar landing

Crowdfunded Lunar Spacecraft Reaches Funding Milestone

LADEE Continues To Settle Into Operational Lunar Orbit

INTERNET SPACE
Multiple Missions Will Get China Moving On Mars

Mythbusting India's Mars Mission

India reaches for Mars on prestige space mission

India mission to Mars blasts off successfully

INTERNET SPACE
NASA Selects Research Teams for New Virtual Institute

From North Pole to the stars: Russia's thrill-seeking tycoon

A look at recent tech sector IPOs

NASA's Orion Spacecraft Comes to Life

INTERNET SPACE
China shows off moon rover model before space launch

China providing space training

China launches experimental satellite Shijian-16

China Moon Rover A New Opportunity To Explore Our Nearest Neighbor

INTERNET SPACE
Russia launches Sochi Olympic torch into space

Spaceflight Joins with NanoRacks to Deploy Satellites from the ISS

Crew Completes Preparations for Soyuz Move

Mission accomplished for Europe's cargo freighter

INTERNET SPACE
Kazakhstan say Baikonur launch site may be open to Western countries

ESA Swarm launch postponed

Europe's fifth ATV for launch by Arianespace begins its pre-flight checkout at the Spaceport

ILS Proton Launches Sirius FM-6 Satellite

INTERNET SPACE
NASA Kepler Results Usher in a New Era of Astronomy

Astronomers answer key question: How common are habitable planets?

One in five Sun-like stars may have Earth-like planets

Mystery World Baffles Astronomers

INTERNET SPACE
NASA Technologists Embrace Laser Instrument Challenge

High Energy Prairie View A and M Interns Collaborate with NASA Goddard on Radiation Effects Research

Less Toxic Metabolites, More Chemical Product

A noble yet simple way to synthesize new metal-free electrocatalysts for oxygen reduction reaction




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement