1980 – Otherwise known as “The 24th Man” (to join Microsoft, that is), Steve Ballmer came on as Microsoft’s first Business Manager. He made only $50k and stock options. Of course 30 years later, Steve succeeded Bill Gates as CEO of the Redmond based software company.
2000 – Microsoft CEO Bill Gates announces he will be stepping down from his role but remain on the Board and embrace a new role as Chief software architect. Steve Ballmer will take over the CEO role and also remain president.
Love him or hate him, Ballmer kept Microsoft running and helped raise annual revenues. Ballmer would remain CEO of Microsoft until February 2014, then take over as the owner of the Los Angeles Clippers.
Bill Gates continued on the board. In 2014 he stepped down to Technology Advisor. Gates is also co-founder of the Bill and Melinda Gates foundation
2008 – After battle upon battle between Microsoft, Google and shareholders (including Carl Icahn), Jerry Yang finally announced to all he was stepping down as CEO of Yahoo! The previous days, Steve Ballmer said they are not going forward with any future purchase of Yahoo! Because of this, stock hit it’s lowest share price, $8. That, the failed Google affiliation (due to antitrust issues), and a very despondent group of investors, Jerry felt it best to step back in his roll.
Intel announced in 1995 the next generation processor – the Pentium Pro. Unlike the Pentium, the Pentium Pro was a chip designed for 32-bit architecture, so Windows 95 and Windows NT could run true. The processor ran between 150-200 MHz, with a bus speed of 60 MHz (for 150 or 180 MHz processor) or 66MHz (for 166 or 200 MHz processor). The processor used a .35 micron process and prices started at $974 to $1989.
July 29, 2009: Yahoo! sells search assets to Microsoft
We dealt with the big buyout bid fight between Microsoft and Yahoo back in 2008. Of course, the outcome was that Yahoo’s CEO Jerry Yang stepped down and Carol Bartz took the reigns. However, Carol did make a bold move in 2009 as she agreed to a deal with Steve Ballmer. Microsoft would get Yahoo Search engine technologies and create a search engine for Yahoo. In return, Yahoo would handle advertising for premium search advertisers. This was a ten year deal.BTW – Recent news stated that Yahoo.jp is using Google in Japan. While it did put a snag in the agreement this week, Yahoo Japan Chief Exec. Masahiro Inoue said Microsoft didn’t localize the service in Japan, therefore, they went with Google.
1981 – Microsoft goes through a restructure to incorporate in Washington. Bill Gates would become president, Paul Allen was Executive Vice President. Steve Ballmer would come on full-time with a $50,000 year salary.
The reason why they incorporated? On this same day, Paul Allen sends a proposal to Rod Black of Seattle Computer Products for Microsoft to purchase all rights to 86-DOS for $30,000. At that point, they had only a non-exclusive license (since September 22, 1980). This was a strategic move because Microsoft had a relationship with IBM, and wanted to re-license for the IBM PC.
After a month of negotiations, Seattle Computer agreed to the purchase for $50,000. However, that was not the end of it, as they found out of the IBM deal. They finally settled years later for $1 million.
2000 – Microsoft CEO Bill Gates announces he will be stepping down from his role but remain on the Board and embrace a new role as Chief software architect. Steve Ballmer will take over the CEO role and also remain president.
Love him or hate him, Ballmer kept Microsoft running and helped raise annual revenues. Ballmer would remain CEO of Microsoft until February 2014, then take over as the owner of the Los Angeles Clippers.
Bill Gates continued on the board. In 2014 he stepped down to Technology Advisor. Gates is also co-founder of the Bill and Melinda Gates foundation
2008 – After battle upon battle between Microsoft, Google and shareholders (including Carl Icahn), Jerry Yang finally announced to all he was stepping down as CEO of Yahoo! The previous days, Steve Ballmer said they are not going forward with any future purchase of Yahoo! Because of this, stock hit it’s lowest share price, $8. That, the failed Google affiliation (due to antitrust issues), and a very despondent group of investors, Jerry felt it best to step back in his roll.
This Day in Tech History podcast show notes for November 17