Archive for the ‘Industry’ Category
Industry
Microsoft Shakes Up Senior Levels
Microsoft Corp began its annual middle of the fiscal year reorganization on Thursday. Fourteen senior executives were rewarded with promotions, while the company also confirmed the departure of the heads of its online services, mobility, and Windows consumer product marketing units. The company has fared quite poorly in these areas, and is obviously hoping that some new blood will be able to turn things around.
Industry
Web Hosting Service Hostopia Increases Operating Income
Web hosting company Hostopia, which specializes in small and medium business support, has reported a 42% increase in its operating income with record quarterly revenue for the quarter ending December 31st, 2007. The CEO of Hostopia, Colin Campbell, remarked “We are pleased with our continued sequential revenue growth and the demonstrated earnings leverage our increased revenues brings.
Industry, News
Yahoo Rejects Microsoft’s Bid
Yahoo rejected Microsoft’s $44.6 billion bid for a merger that would have put the two companies in head to head competition against Internet search behemoth Google. Yahoo executives believed that the bid was too low and are in merger talks with rival AOL in an attempt to receive a higher bid and a more substantial […]