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General

Microsoft should focus on corporate, cloud - co-founder

Monday 4 November 2013 | 09:58 CET | News
Microsoft co-founder Paul Allen's private investment vehicle feels the company's next chief executive should consider spinning off consumer businesses including search advertising and the Xbox games console, the Financial Times reported. Allen started the company with Bill Gates in 1975 and still holds a USD 2 billion stake. Paul Ghaffari, who manages Allen's USD 15 billion, said the next CEO should perform radical surgery on Microsoft and concentrate on corporate customers. Speaking at the Financial Times Investment Management Summit in New York, Ghaffari said the overwhelming majority of

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Categories: General
Companies: Microsoft / Twitter
Countries: World
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