Microsoft CEO Satya Nadella Received $18 Million in 2016 Pay

Microsoft CEO Satya Nadella Received $18 Million in 2016 Pay

HIGHLIGHTS

  • Nadella received about $5.66 million in salary and bonus
  • He also got $12 million as stock award
  • Satya Nadella took over as Microsoft CEO in 2014

Microsoft Corp. Chief Executive Officer Satya Nadella’s reported compensation fell 3.3 percent to $17.7 million (roughly Rs. 117 crores) in the software maker’s latest fiscal year ended June 30.

Nadella received about $5.66 million (roughly Rs. 38 crores) in salary and bonus and a $12 million (roughly Rs. 80 crores) stock award, according to a preliminary proxy statement filed Monday. About half of the shares will vest in 2018 if Microsoft achieves targets including revenue, operating income and a number of commercial cloud subscribers – and its stock outperforms 60 percent of companies in the Standard & Poor’s 500 Index. The remainder will vest in full by 2019 if he remains on the job.

Microsoft’s board moved to tie part of Nadella’s annual stock grant to targets and cut back its discretion over cash bonuses after more than a quarter of voting shareholders rejected its executive compensation program at the company’s last two annual meetings. In talks with directors, investors voiced concerns about excessive payout limits for bonuses and stock awards, and insufficient disclosure of factors used to evaluate performance, the filing said. Companies in the S&P 500 received on average 91 percent support for their pay programs in 2015, according to data compiled by Bloomberg.

Pete Wootton, a spokesman for the Redmond, Washington-based company, declined to comment beyond the filing. Microsoft shares increased 15 percent in the 12 months ended June 30, compared with a 1 percent increase in the S&P 500.

When he was named CEO, Nadella received a stock award valued at $59 million that will vest in three increments in 2019, 2020 and 2021 if Microsoft’s total returns to shareholders exceed 60 percent of companies in the S&P 500 in the five prior years. The face value of the award was disclosed as part of his 2014 compensation. The company’s total return has increased 70 percent since Nadella took the job in February 2014, compared with a 30 percent increase in the index.

Kevin Turner, who left his job as chief operating officer in July, was the second-highest paid executive officer in fiscal 2016 with $13 million.

© 2016 Bloomberg L.P.

Tags: Satya Nadella, Microsoft, PC, Laptops, Internet

[“Source-Gadgets”]

Microsoft Releases Fix for Users Affected by Windows 10 Cumulative Update Issue

Microsoft Releases Fix for Users Affected by Windows 10 Cumulative Update Issue

Last week, Microsoft released Cumulative Update KB3194496 for users running Windows 10 Anniversary Update (version 1067), and, this caused problems for some users – trapping them in a loop after the installation failed. The issue only affected those who were previously on the Windows Insider Program before migrating the the public branch earlier this year, as well as some users still on the Windows Insider Program , Microsoft has now come out with a fix.

ZDNet reports that an email statement from Microsoft confirms that the update released for Windows 10 version 1607 on September 29 failed to install and would roll back for many users. The company claimed that a small number of customers in the Windows Insider Program that were running a previous build of the OS were affected.

(Also see: Windows 10 Now Running on 400 Million Active Devices, Says Microsoft)

“We became aware of an issue with the recent Windows 10 cumulative update that impacted a small number of customers in the Windows Insider Program that were running a previous build of the OS. We have created a solution to resolve this issue, which is now live and can be accessed here.”

Users affected by the update reported that after the system reached the 100 percent mark, they would get a prompt saying the process could not be completed and thereby reverting the changes, resulting in a loop of failed attempts.

Microsoft has released a patch that fixes the issue. That link takes you to the Windows 10 1607 (RS1) Script fix to unblock update for Insider.

There is no clear indication as to how many users have been affected although Microsoft says it’s a “small number”. However, ZDNet’s Ed Bott claims “the number is probably in the hundreds of thousands, representing systems that were in the Windows Insider Program, receiving preview releases, during the first half of 2016 before switching to the public branch.”

Tags: Microsoft, Windows 10, Windows 10 Anniversary Update, Bug, Windows Insider Program, Computing, PC, Laptops

[“Source-Gadgets”]

Microsoft Surface AIO Expected to Be Launched at October 26 Windows 10 Event

Microsoft Surface AIO Expected to Be Launched at October 26 Windows 10 Event

HIGHLIGHTS

  • Microsoft’s October 26 event will focus on Windows 10
  • The event will be live streamed
  • All new Surface branded AIO expected at October 26 event

Microsoft has announced an event on October 26 in New York City where the company says it will reveal “what’s next for Windows 10.” This is being thought to be the new Surface desktop that was tipped earlier. The event will kick off on October 26 at 10am EDT (or 7:30pm IST) and will be live streamed.

Ahead of the fall event, Microsoft has indicated that it will be all about the next chapter in the Windows 10. As we mentioned, apart from software-related announcements and incremental updates to certain features in Windows 10, Microsoft is expected to showcase an all-in-one (AIO) PC under its Surface brand. The Surface all-in-one device was rumoured in July.

The upcoming AIO under Surface branding is codenamed “Cardinal”, as per the earlier report. It is expected to be showcased in three screen sizes – 21-inches, 24-inches, and 27-inches. Rumours claim that the Redmond giant may unveil all three at the event or at least one will be showcased. Unfortunately, the specifications of the alleged AIO PC have been successfully kept under wraps and speculations will likely begin as we approach closer to the event.

Microsoft is said to be launching the Surface AIO PC as a consolation of sorts as the unveiling of the second-generation Surface Book was reportedly shifted from the second half of 2016 to first half 2017 due to delay in CPU shipments by Intel. Previous reports have already suggested that Microsoft is working on a Surface Phone which is said to debut in early 2017.

ZDNet’s Mary Jo Foley also speculates that Microsoft may highlight a bunch of OEM partners at the October 26 event.

Tags: Microsoft, Windows 10, Surface, Surface AIO, Surface Desktop
[“Source-Gadgets”]

Microsoft Making a Little Brexit of Its Own

Making a Little Brexit of Its Own - Microsoft is Closing the Skype Office in London

Microsoft (NASDAQ:MSFT) has announced plans to shut down Skype’s London offices.

Up to 400 staff members could be made redundant as part of the move, which will see Skype abandon its three-floor building in Holborn in line with a wider restructuring exercise that will also impact freemium enterprise network Yammer.

Microsoft has yet to confirm whether the decision was directly impacted by the United Kingdom’s June vote to leave the European Union — although technology trade bodies had previously warned to anticipate numerous multinational pullbacks from London in response to a so-called “Brexit”.

Budget airline EasyJet, telecoms provider Vodafone and credit card giant Visa have all reportedly entered talks to leave the UK as a direct result of impending political uncertainty.

Regardless of Microsoft’s intentions surrounding the move, it will undeniably pose a symbolic blow to the UK’s tech scene. Skype was founded in London in 2003, and has rapidly grown to become one of just 18British “unicorns” — which is a tech firm valued at more than $1 billion.

Its innovative services have proven a lifeline to businesses across the globe over the course of the last decade, enabling small companies to reach new audiences by providing incredibly cheap international callsand revolutionizing remote working with the help of cutting-edge group call features. Today, Skype boasts over 300 million users, who spend an estimated three billion minutes using the service each and every day.

Plenty of investors have picked up on that potential, which is why Skype has changed hands several times since its inception. The unicorn was first picked up by eBay in 2005, then sold to a group of investors in 2009 before American multinational Microsoft swooped in and bought out the company for a whopping $8.5 billion in May 2011.

Since that acquisition, many of Skype’s top roles have been eliminated or moved overseas. Microsoft’s Skype headquarters are now based in Luxembourg, and much of its development team works out of Estonia. It is not thought those offices will be impacted by Microsoft’s decision to consolidate its London operations.

Skype won’t be the sole victim of Microsoft’s latest job cull.

Last month, the company’s annual report confirmed plans to shed approximately 2,850 jobs across in the globe in the fourth quarter of 2016. Yet a Microsoft spokesman did add the company would be working to offer redundant Skype employees new opportunities elsewhere in the company.

“We are deeply committed to doing everything we can to help those impacted through this process,” he said. “Microsoft will be entering into a consultation process and offer new opportunities, where possible.”

[“source-smallbiztrends”]

Microsoft Announces Cloud Partnership With Adobe

View image on TwitterAt the Microsoft Ignite Conference in Atlanta today, Microsoft (NASDAQ:MSFT) announced a new partnership with Adobe (NASDAQ:ADBE). Under the partnership, Microsoft Azure will become the preferred cloud platform for the Adobe Marketing Cloud, Creative Cloud and Document Cloud.

Customers of Adobe will have the benefit of Microsoft’s powerhouse Azure cloud infrastructure behind them.

The CEOs of both Microsoft and Adobe appeared on stage at the event’s opening keynote to make the announcement. The fact that the CEOs were there shows the significance of this strategic partnership to both companies.

View image on Twitter

View image on Twitter

Follow

Rob Young, IDC @RPYoung7

#Microsoft & #Adobe partnership announcement for delivering OOTB SaaS offerings via Azure cloud kicking off #MSIgnite

  • Retweets

  • likes

Adobe Cloud on Microsoft Azure

Adobe CEO Shantanu Narayen emphasized the importance of having a strong cloud infrastructure, noting that Adobe processes 23 trillion transactions each quarter, or over 90 trillion per year.

Microsoft CEO Satya Nadella said  in a statement, “Together, Adobe and Microsoft are bringing the most advanced marketing capabilities on the most powerful and intelligent cloud to help companies digitally transform and engage customers in new ways.”

Both companies have made the cloud a central part of their strategies. Under Nadella’s leadership, Microsoft has placed heavy bets on Azure and is investing significantly in all of Microsoft’s cloud offerings including its Office 365 software-as-a-service application.

Adobe moved its business to a cloud model a couple of years ago, and the move is paying off.  Adobe’s most recent financial results show strong performance.

Adobe also will get access to Microsoft’s AI/machine learning service Cortana Intelligence Suite — giving customers access to more intelligence.

For small businesses that use the Adobe Cloud products, in the near term as Adobe transitions to Azure it means a strong cloud infrastructure to rely on.  Some Adobe services have been running on Amazon’s AWS, but it’s not clear if under the new arrangement Microsoft will become Adobe’s exclusive cloud infrastructure provider.

Microsoft Ignite is Microsoft’s conference for technology professionals and executives. The conference sold out weeks ago with over 23,000 people registered to attend.  The conference is also being simulcast live from the event website at ignite.microsoft.com.

[“source-smallbiztrends”]

 

Microsoft Making a Little Brexit of Its Own

Making a Little Brexit of Its Own - Microsoft is Closing the Skype Office in London

Microsoft (NASDAQ:MSFT) has announced plans to shut down Skype’s London offices.

Up to 400 staff members could be made redundant as part of the move, which will see Skype abandon its three-floor building in Holborn in line with a wider restructuring exercise that will also impact freemium enterprise network Yammer.

Microsoft has yet to confirm whether the decision was directly impacted by the United Kingdom’s June vote to leave the European Union — although technology trade bodies had previously warned to anticipate numerous multinational pullbacks from London in response to a so-called “Brexit”.

Budget airline EasyJet, telecoms provider Vodafone and credit card giant Visa have all reportedly entered talks to leave the UK as a direct result of impending political uncertainty.

Regardless of Microsoft’s intentions surrounding the move, it will undeniably pose a symbolic blow to the UK’s tech scene. Skype was founded in London in 2003, and has rapidly grown to become one of just 18British “unicorns” — which is a tech firm valued at more than $1 billion.

Its innovative services have proven a lifeline to businesses across the globe over the course of the last decade, enabling small companies to reach new audiences by providing incredibly cheap international callsand revolutionizing remote working with the help of cutting-edge group call features. Today, Skype boasts over 300 million users, who spend an estimated three billion minutes using the service each and every day.

Plenty of investors have picked up on that potential, which is why Skype has changed hands several times since its inception. The unicorn was first picked up by eBay in 2005, then sold to a group of investors in 2009 before American multinational Microsoft swooped in and bought out the company for a whopping $8.5 billion in May 2011.

Since that acquisition, many of Skype’s top roles have been eliminated or moved overseas. Microsoft’s Skype headquarters are now based in Luxembourg, and much of its development team works out of Estonia. It is not thought those offices will be impacted by Microsoft’s decision to consolidate its London operations.

Skype won’t be the sole victim of Microsoft’s latest job cull.

Last month, the company’s annual report confirmed plans to shed approximately 2,850 jobs across in the globe in the fourth quarter of 2016. Yet a Microsoft spokesman did add the company would be working to offer redundant Skype employees new opportunities elsewhere in the company.

“We are deeply committed to doing everything we can to help those impacted through this process,” he said. “Microsoft will be entering into a consultation process and offer new opportunities, where possible.”

[“source-ndtv”]

Microsoft Announces Cloud Partnership With Adobe

Microsoft Announces Partnership to Run Adobe Cloud on Microsoft Azure

At the Microsoft Ignite Conference in Atlanta today, Microsoft (NASDAQ:MSFT) announced a new partnership with Adobe (NASDAQ:ADBE). Under the partnership, Microsoft Azure will become the preferred cloud platform for the Adobe Marketing Cloud, Creative Cloud and Document Cloud.

Customers of Adobe will have the benefit of Microsoft’s powerhouse Azure cloud infrastructure behind them.

The CEOs of both Microsoft and Adobe appeared on stage at the event’s opening keynote to make the announcement. The fact that the CEOs were there shows the significance of this strategic partnership to both companies.

View image on Twitter

View image on Twitter

Follow

Rob Young, IDC @RPYoung7

#Microsoft & #Adobe partnership announcement for delivering OOTB SaaS offerings via Azure cloud kicking off #MSIgnite

  • Retweets

  • likes

Adobe Cloud on Microsoft Azure

Adobe CEO Shantanu Narayen emphasized the importance of having a strong cloud infrastructure, noting that Adobe processes 23 trillion transactions each quarter, or over 90 trillion per year.

Microsoft CEO Satya Nadella said  in a statement, “Together, Adobe and Microsoft are bringing the most advanced marketing capabilities on the most powerful and intelligent cloud to help companies digitally transform and engage customers in new ways.”

Both companies have made the cloud a central part of their strategies. Under Nadella’s leadership, Microsoft has placed heavy bets on Azure and is investing significantly in all of Microsoft’s cloud offerings including its Office 365 software-as-a-service application.

Adobe moved its business to a cloud model a couple of years ago, and the move is paying off.  Adobe’s most recent financial results show strong performance.

Adobe also will get access to Microsoft’s AI/machine learning service Cortana Intelligence Suite — giving customers access to more intelligence.

For small businesses that use the Adobe Cloud products, in the near term as Adobe transitions to Azure it means a strong cloud infrastructure to rely on.  Some Adobe services have been running on Amazon’s AWS, but it’s not clear if under the new arrangement Microsoft will become Adobe’s exclusive cloud infrastructure provider.

Microsoft Ignite is Microsoft’s conference for technology professionals and executives. The conference sold out weeks ago with over 23,000 people registered to attend.  The conference is also being simulcast live from the event website at ignite.microsoft.com.

[“source-ndtv”]

Microsoft to Cut 2,850 More Jobs

Microsoft to Cut 2,850 More Jobs

HIGHLIGHTS

  • Majority of ex-Nokia employees will no longer be working at Microsoft
  • Microsoft had earlier slashed 1,850 jobs in May this year
  • It has written off its Nokia deal already

Hurt by a failed $7.6 billion Nokia experiment amid growing losses in the smartphone hardware business segment, Microsoft has announced to lay off an additional 2,850 workers to the previously 1,850 jobs it said it would cut.

In a regulatory filing, the tech giant said it will cut 4,700 jobs globally by the end of fiscal year 2017, PC World reported on Friday.

Last June, Microsoft had announced it will cut 7,400 jobs from the smartphone business unit.

Earlier in May, signalling the end of its Nokia experiment, Microsoft announced it was cutting 1,850 jobsand writing off $950 million of which $200 million will be used for severance payments.

“We are focusing our phone efforts where we have differentiation – with enterprises that value security, manageability and our Continuum capability, and consumers who value the same,” Indian-born Microsoft CEO Satya Nadella said in a statement.

“We will continue to innovate across devices and on our cloud services across all mobile platforms,” Nadella added.

According to a report in The Verge, the latest job cuts mean that the majority of former Nokia employees will no longer be working at Microsoft.

Almost a year ago, Nadella had announced a “more effective and focused phone portfolio” with business, value phones and flagships gaining prominence.

“We’re scaling back, but we’re not out!” said Terry Myerson, Microsoft’s head of Windows and devices.

“Phone success has been limited to companies valuing our commitment to security, manageability, and continuum, and with consumers who value the same,” Nadella added.

Microsoft’s Lumia and Windows Phone strategy has failed as both sales and Windows Phone market share have declined since the tech giant’s mobile restructuring last year.

Tags: Job Cuts, Laptops, Layoffs, Microsoft, Mobiles, Nokia, PC
[“Source-Gadgets”]

Microsoft Offers Students a Free Xbox One With the Surface Pro 4

Microsoft Offers Students a Free Xbox One With the Surface Pro 4

HIGHLIGHTS

  • Microsoft is offering a free Xbox One with the Surface Pro 4
  • The offer is available in all US retail stores
  • The offer period ends on August 14

Microsoft is climbing onto the summer sale and back-to-school bandwagon, and has rolled out a pretty sweet deal for its US buyers. Until August 14, students who purchase the Surface Pro 4 will get an Xbox One free alongside.

The company has announced that this deal will only be running in retail stores in the US. To be specific, the offer sees Microsoft cut the price of the Surface Pro 4 by $300 if they buy the Xbox One alongside, essentially giving them the Xbox One for free. This promotional offer is only till August 14, after which the Surface Pro 4 will be sold at its original price. Head of Windows and devices at Microsoft, Terry Myerson told The Verge that the price cut of $300 is only applicable if the buyer picks up the Xbox One alongside the Surface Pro 4. Users buying only the laptop will not be able to avail this offer.

The Microsoft Surface Pro 4 was launched in October last year for a price starting at $899. It came toIndia in January this year, and was priced starting at Rs. 89,990. The laptop is being sold exclusively on Amazon India.

For a refresh, the Windows 10-based Surface Pro 4 sports a 12.3-inch PixelTouch display with a 3:2 aspect ratio and 2736×1824 pixels screen resolutions. It is powered by Intel’s 6th-generation Core processor — varying from core M3, to Core i5, to Core i7. As for graphics, the Surface Pro 4 has Intel HD Graphics 515, Intel HD Graphics 520, and Intel Iris Graphics correspondingly.

Microsoft offers 128GB, and 256GB storage options with this device. The Surface Pro 4 comes with a full-size USB 3.0 port, a microSD card reader, a 3.5-mm headset jack, a Mini DisplayPort, a Type Cover port, and SurfaceConnect port.

The Redmond-based company will release its Windows 10 Anniversary update on August 2. The update will be free for Windows 10 users, but will cost $119 (around Rs. 8,000) to those who will upgrade from previous versions of Windows. The update is said to bring several improvements including upgrades to Hello and Cortana.

Download the Gadgets 360 app for Android and iOS to stay up to date with the latest tech news, product reviews, and exclusive deals on the popular mobiles.

Tags: Microsoft, Surface Pro 4, Terry Myerson, Windows 10, Windows 10 Anniversary Update, Xbox One
[“Source-Gadgets”]

Microsoft Ends Xbox Fitness for the Xbox One, User Backlash Results

Microsoft Ends Xbox Fitness for the Xbox One, User Backlash Results

HIGHLIGHTS

  • Microsoft has deemed Xbox Fitness unsustainable.
  • As of now content for Xbox Fitness cannot be purchased.
  • Longtime users are livid with the company’s decision.

One of the last few remnants of Microsoft’s approach to the Xbox One beyond gaming, Xbox Fitness has been shuttered. The fitness app utilised the Xbox One’s Kinect camera to track heart rate and calories among other things. Now Microsoft has deemed that updating service has become unsustainable.

“Given the service relies on providing you with new and exciting content regularly, Microsoft has given much consideration to the reality updating the service regularly in order to sustain it,” posted Erica Bell, Community Manager for Xbox Fitness. “Therefore, the decision has been made to scale back our support for Xbox Fitness over the next year, and we want to provide our users with a timeline of the changes you will see.”

As of now, you will not be able to buy Xbox Fitness content. If you already purchased it, you will be able to play until June 30, 2017. On December 15, 2016, the app’s promotion with Xbox Live Gold subscriptions wherein it is free will end.

Finally on July 1, 2017, Xbox Fitness and its related content will not be available. This includes content you’ve purchased. At that time, Xbox Fitness will no longer be available for download from Xbox Marketplace and content will not be available for play from the Xbox Marketplace nor within the app either. Xbox Fitness users will no longer be able access Xbox Fitness and the associated workouts.

Longtime users though, are livid if the comments on Microsoft’s announcement are anything to go by.

“Are you serious? Xbox Fitness has a[n] amazing community with a lot of passionated people, why would you destroy this? And what about the workouts I paid for? The workouts were pretty expensive and now you´re saying that you´re shutting it down and I won´t be able to use it anymore? Who makes decisions like that?,”opined one user.

Others called Microsoft out on its lack of clarity for refunds if any.

“I understand no longer updating it. But why on earth would you stop supporting what already exists? People have already paid money for these fitness programs and now they are just going to disappear? That seems insane to me. Will there be refunds? At least allow people to download the routines and continue to use them on their machine even if it no longer tracks progress etc?,” wrote another.

But perhaps the biggest sting for Xbox Fitness’ users is the fact that all digital content eventually has an expiry date.

“My worst fears about buying into digital or cloud-dependent content are realized. Basically the message is: if you buy something on the cloud, plan on having it taken away from you before you’re done with it, and don’t expect a refund. I hope Microsoft is saving enough money to make up for the lost future revenue due to this message,” said one irate Xbox user.

Are you one of the rare few who used the Xbox One and Kinect for Xbox Fitness or was it all about the games for you? Let us know in the comments.

Download the Gadgets 360 app for Android and iOS to stay up to date with the latest tech news, product reviews, and exclusive deals on the popular mobiles.

Tags: Kinect, Microsoft, Xbox, Xbox Fitness, Xbox One
 [“Source-Gadgets”]