Feeds

Ballmer sends 'don't panic' email to staff

Calm down dear, it's only a stock market

Security for virtualized datacentres

Steve Ballmer sent staff a reassuring email on Friday, after watching the company's share price take its biggest dive in a year. Microsoft shares fell from over $27 on Thursday to just over $24 on Friday - a year low.

Ballmer reiterated his belief that increasing capital spending by $2bn was necessary and useful.

He said spending on Xbox manufacturing was higher than expected, as well as spending on getting ready for Vista and Office 2007.

He said Microsoft was facing "new competitors, faster moving markets and new customer demands".

The email to staff, which also appeared on Bloomberg, did little to reassure the markets, although MS shares held steady on Monday. More from Seattle PI here.

In other news, Microsoft is paying $70m to end cases brought by several cities in California wanting refunds because Microsoft overcharged them for software.

Cities including Los Angeles, San Francisco, Santa Clara, and San Mateo are getting the money in vouchers which can be traded in for various computer products, not just Microsoft gear. ®

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.