-
Former Microsoft CEO, Detroit Native Steve Ballmer Makes Major Motown Museum Donation
Tuesday, August 18, 2020 - 1:58pm | 268Former Microsoft (NASDAQ: MSFT) CEO and Detroit native Steve Ballmer is donating $3 million to Detroit's Motown Museum through his nonprofit Ballmer Group. Ballmer Group is an organization with the goal of improving economic mobility for American families who are likely to stay in poverty...
-
Microsoft's Interest In Buying TikTok Is A 'Deal Of A Decade Opportunity'
Monday, August 3, 2020 - 12:00pm | 438Microsoft Corporation (NASDAQ: MSFT) is in talks to acquire TikTok's operations outside of China. Microsoft Can Get A Good Deal: TikTok's Chinese parent company ByteDance is "looking down a dark black hole" as U.S. President Donald Trump could ban the TikTok app amid national...
-
7 Media And Entertainment Stocks To Buy, Sell And Hold
Friday, April 3, 2020 - 1:30pm | 1166The coronavirus (COVID-19) outbreak has dragged down stock prices across the board, and media and entertainment stocks are no exception. While some media and entertainment businesses have ground to a complete halt due to the economic shutdown, others are thriving from a surge in at-home business....
-
Ballmer Reportedly Close To Buying The Forum From MSG, Removing Barrier To New Clippers Arena
Monday, March 2, 2020 - 11:33am | 493If you can't beat 'em, buy 'em out. Steve Ballmer, owner of the NBA's Los Angeles Clippers, is close to a deal to buy The Forum from Madison Square Garden Co (NYSE: MSG), according to an ESPN report. The purchase would eliminate one of the main obstacles to Ballmer's effort to...
-
Houston Rockets' $2.2 Billion Sale Boosts MSG's Stock
Tuesday, September 5, 2017 - 11:45am | 397Tilman Fertitta, the billionaire entrepreneur and owner of Landry's, is now the owner of an NBA franchise. Fertitta reached an agreement with Houston Rockets' owner Leslie Alexander to acquire the franchise for $2.2 billion, the Houston Chronicle reported. The transaction represents the...
-
Steve Ballmer's Rare Pledge: Privately Financing The Clippers New Arena
Tuesday, June 20, 2017 - 8:09am | 830No need to be worried Los Angeles residents, Clippers owner and former CEO of Microsoft Corporation (NASDAQ: MSFT), Steve Ballmer, is taking care of the bill for the Clippers new arena. "We are expanding that investment by entering into an agreement to explore an opportunity to build a new...
-
Steve Ballmer Wants A 10-K For Government, Here's The Closest Thing We Already Have
Tuesday, April 18, 2017 - 1:40pm | 605Once a year, even the largest, most complicated global conglomerates must break down their convoluted accounting practices and disclose to investors all the gory details of the company’s financial activities. This annual disclosure comes in the form of a 10-K filing. Former Microsoft...
-
Ballmer Advises Dorsey To Ignore Stock Price, Sees Facebook Pressuring Snap
Tuesday, April 18, 2017 - 9:47am | 551Former Microsoft Corporation (NASDAQ: MSFT) CEO Steve Ballmer looks at Facebook Inc (NASDAQ: FB) with a bit of nostalgia. “Facebook has become a complete juggernaut,” Ballmer said Tuesday on CNBC. “And I get being a juggernaut, because Microsoft is a juggernaut.” And...
-
Steve Ballmer's New Project Shows Where Government Money Comes From - And Where It Goes
Tuesday, April 18, 2017 - 8:33am | 441Steve Ballmer, the former Microsoft Corporation (NASDAQ: MSFT) CEO once told his wife that it is the job of the government to "take care of the poor, the sick, the old." According to a New York Times report from Andrew Ross Sorkin, Ballmer's wife disagreed with her husband which...
-
Steve Ballmer's Quick Advice To Dorsey: Quit Square
Thursday, February 9, 2017 - 10:07am | 304Steve Ballmer, former CEO of Microsoft Corporation (NASDAQ: MSFT), offered some advice to Twitter Inc (NYSE: TWTR) CEO Jack Dorsey. Ballmer is a major Twitter shareholder and bought an approximate 4 percent stake in the company back in 2015, although his purchase did cause a great deal of confusion...
-
Another Day, Another Rumor: Where Will Twitter Be In 6 Months?
Wednesday, August 3, 2016 - 1:25pm | 338Twitter Inc (NYSE: TWTR) shares are surging on Wednesday on another wave of rumors that the company could soon be acquired by a buyer. The latest rumor suggests former Microsoft Corporation (NASDAQ: MSFT) CEO Steve Ballmer could be teaming up with Saudi Prince Al-waleed Bin-Talal to buy Twitter...
-
Remember When Yahoo Turned Down $1 Million To Buy Google?
Monday, July 25, 2016 - 8:28am | 497Yahoo! Inc. (NASDAQ: YHOO) confirmed on Monday it reached an agreement to sell its Internet properties to Verizon Communications Inc. (NYSE: VZ) for $4.83 billion. Taking a look back at Yahoo's M&A opportunities, the going price for Yahoo's assets today could have been in the hundreds of...
-
Are Investors Suspicious Of Apple's Next Product Launch?
Sunday, March 13, 2016 - 2:32pm | 405Apple Inc. (NASDAQ: AAPL) will hold an event at its Cupertino headquarters March 21, according to an email sent to media sources Friday morning. In an unusual move, the company declined to invite investors to the event, which is expected to be an announcement of the fall Apple product line. Apple...
-
Is Steve Ballmer Regretting His Twitter Investment?
Thursday, March 10, 2016 - 3:28pm | 367Back in October, Microsoft Corporation (NASDAQ: MSFT)'s former CEO Steve Ballmer acquired a 4 percent stake in Twitter Inc (NYSE: TWTR), which made him a bigger shareholder than CEO Jack Dorsey. On Wednesday, Ballmer was at the Fortune Brainstorm Tech dinner in San Francisco, and confessed...
-
Steve Ballmer Airs Complaints At Microsoft's Shareholder Meeting
Thursday, December 3, 2015 - 9:42am | 283A recent Bloomberg Business article reported former Microsoft Corporation (NASDAQ: MSFT) CEO Steve Ballmer was verbally critical at Microsoft's annual shareholder meeting. Nondisclosure Issues Citing Microsoft's nondisclosure of key metrics, he further criticized the company’s lack of key...