MICROSOFT CEO SATYA NADELLA CAPS A DECADE OF CHANGE AND TREMENDOUS GROWTH
AppleMagazine|February 09, 2024
Satya Nadella marks his tenth year as Microsoft CEO, capping a decade of stunning growth as he pivoted the slow-moving software giant into a laser focus on cloud computing and artificial intelligence.
MICROSOFT CEO SATYA NADELLA CAPS A DECADE OF CHANGE AND TREMENDOUS GROWTH

Microsoft’s stock has soared by more than 1,000% since Nadella took the helm in 2014, compared to the more gradual 185% growth of the broader S&P 500. Microsoft now has a market value of $3 trillion — more than any U.S. publicly traded company, including its longtime rival Apple.

“Nadella’s had the biggest transformation of a tech company potentially ever,” said Wedbush Securities analyst Daniel Ives. “The only one that would rival it was (Steve) Jobs coming back to Apple and turning it around with the iPhone.”

Microsoft has created $2.8 trillion in shareholder wealth in the past decade, meaning an investor who bought a $10,000 stake in Microsoft at the time Nadella took over and did nothing with those shares, would have a stake worth about $113,000 now.

HOW IT HAPPENED

“Our industry does not respect tradition — it only respects innovation,” Nadella told employees in an inaugural memo 10 years ago, an opening salvo that hinted at bigger shifts to come. Microsoft declined requests for an interview.

Now a hero to Wall Street, some were at first skeptical that such transformation could come from an insider who’d already spent 22 years at the Redmond, Washington company. He’s only the third Microsoft CEO, following Steve Ballmer, who lasted for 14 years, and Bill Gates, who co-founded the company in 1975 and took it public in 1986.

Bu hikaye AppleMagazine dergisinin February 09, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye AppleMagazine dergisinin February 09, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

APPLEMAGAZINE DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
AUSTRALIA PROPOSES LEGAL MINIMUM AGE FOR CHILDREN ACCESSING SOCIAL MEDIA
AppleMagazine

AUSTRALIA PROPOSES LEGAL MINIMUM AGE FOR CHILDREN ACCESSING SOCIAL MEDIA

The Australian government this week promised to legislate this year to enforce a minimum age for children to access social media, but it has yet to announce how ages will be verified.

time-read
1 min  |
September 13, 2024
SWEDEN JOINS COUNTRIES SEEKING TO END SCREEN TIME FOR CHILDREN UNDER 2
AppleMagazine

SWEDEN JOINS COUNTRIES SEEKING TO END SCREEN TIME FOR CHILDREN UNDER 2

Sweden says children under the age of 2 should not be exposed to any digital screens.

time-read
3 dak  |
September 13, 2024
TELEGRAM CEO DEFENDS HIMSELF AGAINST FRENCH CHARGES IN FIRST PUBLIC COMMENTS
AppleMagazine

TELEGRAM CEO DEFENDS HIMSELF AGAINST FRENCH CHARGES IN FIRST PUBLIC COMMENTS

Telegram founder and CEO Pavel Durov promised to step up efforts to fight criminality on the messaging app, his first public comments since French authorities handed him preliminary charges for allegedly allowing the platform’s use for criminal activity.

time-read
2 dak  |
September 13, 2024
GOOGLE AND APPLE LOSE THEIR COURT FIGHTS AGAINST THE EU AND OWE BILLIONS IN FINES AND TAXES
AppleMagazine

GOOGLE AND APPLE LOSE THEIR COURT FIGHTS AGAINST THE EU AND OWE BILLIONS IN FINES AND TAXES

Google lost its last bid to overturn a European Union antitrust penalty, after the bloc's top court ruled against it Tuesday in a case that came with a whopping fine and helped jumpstart an era of intensifying scrutiny for Big Tech companies.

time-read
4 dak  |
September 13, 2024
EU'S TOP COURT DISMISSES APPLE'S FINAL APPEAL AGAINST ORDER TO PAY IRELAND 13B EUROS IN BACK TAXES
AppleMagazine

EU'S TOP COURT DISMISSES APPLE'S FINAL APPEAL AGAINST ORDER TO PAY IRELAND 13B EUROS IN BACK TAXES

Apple this week lost its last bid to avoid paying 13 billion euros ($14.34 billion) in back taxes to Ireland, in a finale to a dispute with the European Union that centered on sweetheart deals that Dublin was offering to attract multinational businesses with minimal taxes across the 27-nation bloc. The final decision by the EU's top court was quickly hailed as a landmark victory over corporate greed.

time-read
2 dak  |
September 13, 2024
US POSTAL SERVICE SQUEEZE ON SHIPPING CONSOLIDATORS COULD RAISE CONSUMER COSTS
AppleMagazine

US POSTAL SERVICE SQUEEZE ON SHIPPING CONSOLIDATORS COULD RAISE CONSUMER COSTS

The U.S. Postal Service said this week that it is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation's doorsteps, in a move meant to help the Postal Service slow losses but that could see the higher costs passed on to consumers.

time-read
2 dak  |
September 13, 2024
BATTERY-POWERED DEVICES ARE OVERHEATING MORE OFTEN ON PLANES AND RAISING ALARM
AppleMagazine

BATTERY-POWERED DEVICES ARE OVERHEATING MORE OFTEN ON PLANES AND RAISING ALARM

Devices powered by lithium-ion batteries are overheating more often during airline flights and passengers often put them in checked bags that go into the cargo hold, where a fire might not be detected as quickly.

time-read
2 dak  |
September 13, 2024
GEORGIA SCHOOL SHOOTING HIGHLIGHTS FEARS ABOUT CLASSROOM CELLPHONE BANS
AppleMagazine

GEORGIA SCHOOL SHOOTING HIGHLIGHTS FEARS ABOUT CLASSROOM CELLPHONE BANS

Huddling for safety in classrooms as gunfire rang out, students at Apalachee High School texted or called their parents to let them know what was happening and send what they thought could be their final messages. One student texted her mother to say she loved her, adding, “I’m sorry I’m not the best daughter.”

time-read
4 dak  |
September 13, 2024
TEXAS PARENTS GAIN NEW TOOLS TO CONTROL THEIR TEEN'S SOCIAL MEDIA USE
AppleMagazine

TEXAS PARENTS GAIN NEW TOOLS TO CONTROL THEIR TEEN'S SOCIAL MEDIA USE

Parents of Texas children under 18 can now monitor and restrict their child's activity on digital platforms including Facebook and Instagram - but only if they know their child uses the service.

time-read
3 dak  |
September 13, 2024
APPLE EMBRACES THE AI CRAZE WITH ITS NEWLY UNLEASHED IPHONE 16 LINEUP
AppleMagazine

APPLE EMBRACES THE AI CRAZE WITH ITS NEWLY UNLEASHED IPHONE 16 LINEUP

Apple on Monday charged into the artificial intelligence craze with a new iPhone lineup that marks the company’s latest attempt to latch onto a technology trend and transform it into a cultural phenomenon.

time-read
3 dak  |
September 13, 2024