Tuesday, February 4, 2014

Microsoft names India-born Satya Nadella as CEO, Gates to continue as advisor


Image courtesy ibnlive.in.com
Image courtesy ibnlive.in.comNadella was previously the company’s Executive Vice President of Microsoft’s Cloud and Enterprise group.Image courtesy ibnlive.in.com
FP 15 mts ago
The search for Microsoft’s CEO is over. The company has confirmed in a press release that India-born Satya Nadella is the new CEO of the software giant. Microsoft Corp said in a press statement that the board of Directors has appointed Satya Nadella as Chief Executive Officer and member of the Board of Directors effective immediately.
Nadella was previously the company’s Executive Vice President of Microsoft’s Cloud and Enterprise group.
“During this time of transformation, there is no better person to lead Microsoft than Satya Nadella,” said Bill Gates, Microsoft’s Founder and Member of the Board of Directors in the press statement.
“Satya is a proven leader with hard-core engineering skills, business vision and the ability to bring people together. His vision for how technology will be used and experienced around the world is exactly what Microsoft needs as the company enters its next chapter of expanded product innovation and growth,” Gates added.
Nadella joined the company in 1992, and was in charge of major strategy and technical shifts across the company’s portfolio of products. Of course the most notable service he’s known for is the company’s move to the cloud and the development of one of the largest cloud infrastructures in the world for supporting Bing, Xbox, Office and others.“Satya is a proven leader with hard-core engineering skills, business vision and the ability to bring people together. His vision for how technology will be used and experienced around the world is exactly what Microsoft needs as the company enters its next chapter of expanded product innovation and growth,” Gates added.
“Microsoft is one of those rare companies to have truly revolutionised the world through technology, and I couldn’t be more honored to have been chosen to lead the company,” Nadella said.
“The opportunity ahead for Microsoft is vast, but to seize it, we must focus clearly, move faster and continue to transform. A big part of my job is to accelerate our ability to bring innovative products to our customers more quickly,” he adds.
“Having worked with him for more than 20 years, I know that Satya is the right leader at the right time for Microsoft,” said former CEO Steve Ballmer, who announced on 23 August, 2013 that he would retire once a successor was named.
“I’ve had the distinct privilege of working with the most talented employees and senior leadership team in the industry, and I know their passion and hunger for greatness will only grow stronger under Satya’s leadership,” he said.
Born in 1967 in Hyderabad, Nadella got his Bachelor of Engineering in Electronics and Communication from the Manipal University, in India. He soon moved to the US in order to continue his education and received his Master of Science degree from the University of Wisconsin-Milwaukee. Nadella also went on to get an MBA degree from University of Chicago Booth School of Business. Prior to his stint at Microsoft, Nadella worked as a technology staff member with Sun Microsoystems.
Microsoft also announced that Bill Gates, previously Chairman of the Board of Directors, will assume a new role on the Board as Founder and Technology Advisor, and will devote more time to the company, supporting Nadella in shaping technology and product direction.
John Thompson, lead independent director for the Board of Directors, will assume the role of Chairman of the Board of Directors and remain an independent director on the Board.
Watch Bill Gates welcome Nadella as the new Microsoft CEO here

Powerful Quotes of Steve Jobs : My Favorite things in life do not cost any money.....



Powerful Quotes of Steve Jobs  : 
My Favorite things in life do not cost any money.....

The Spirit of Warren Buffett : I always knew I was going to be Rich.I dont think I ever doubted it for a minute .



The Spirit of  Warren Buffett : 
 I always knew I was going to be Rich.  
 I dont think I ever doubted it for a minute .


  • Warren Buffett  ...Quick Facts :
  • Warren Edward Buffett is an American business magnate, investor, and philanthropist.


  •  He is widely considered the most successful investor of the 20th century.


  • Born: August 30, 1930 (age 83), Omaha, Nebraska, United States
    • OCCUPATION: Entrepreneur
    • BIRTH DATE: August 30, 1930 (Age: 83)
    • EDUCATION: Woodrow Wilson High School,University of Pennsylvania, University of Nebraska, Columbia University
    • PLACE OF BIRTH: Omaha, Nebraska
    • NICKNAME 1 : "Oracle of Omaha"
    • NICKNAME 2: "Sage of Omaha"
    • FULL NAME: Warren Edward Buffett
    • AKA: Warren Buffett
    • ZODIAC SIGN: Virgo
  • Height: 1.78 m

  • Spouse: Astrid Menks (m. 2006), Susan Buffett (m. 1952–2004)

  • Children: Howard Graham Buffett, Peter Buffett, Susan Alice Buffett

  • Parents: Howard Buffett, Leila Buffett


  • The Times of Warren Buffett  :

  • Early Life
  • Businessman and investor. Born Warren Edward Buffett on August 30,1930, in Omaha, Nebraska. Buffett's father Howard worked as stockbroker and served as U.S. Congressman. His mother, Leila Stahl Buffett, was a homemaker. Buffett was the second of three children and the only boy.

    Buffett demonstrated a knack for financial and business matters early on in his childhood. Friends and acquaintances have said the young boy was a mathematical prodigy, and was able to add large columns of numbers in his head-a talent he still occasionally shows off to friends and business associates.

    Warren often visited his father's stockbrokerage shop as a child, and chalked in the stock prices on the blackboard in the office. At 11 years old he made his first investment; he bought three shares of Cities Service Preferred at $38 per share. The stock quickly dropped to only $27, but Buffett held on tenaciously until they reached $40. He sold his shares at a small profit, but regretted the decision when Cities Service shot up to nearly $200 a share. He later cited this experience as an early lesson in patience in investing.