Steve Ballmer

If you can't beat 'em, buy 'em out. Steve Ballmer, owner of the NBA's Los Angeles Clippers, is close to a deal to buy The Forum from Madison Square Garden Co (NYSE: MSG), according to an ESPN report. The purchase would eliminate one of the main obstacles to Ballmer's effort to...

Tilman Fertitta, the billionaire entrepreneur and owner of Landry's, is now the owner of an NBA franchise. Fertitta reached an agreement with Houston Rockets' owner Leslie Alexander to acquire the franchise for $2.2 billion, the Houston Chronicle reported. The transaction represents the...

No need to be worried Los Angeles residents, Clippers owner and former CEO of Microsoft Corporation (NASDAQ: MSFT), Steve Ballmer, is taking care of the bill for the Clippers new arena. "We are expanding that investment by entering into an agreement to explore an opportunity to build a new...

Once a year, even the largest, most complicated global conglomerates must break down their convoluted accounting practices and disclose to investors all the gory details of the company’s financial activities. This annual disclosure comes in the form of a 10-K filing. Former Microsoft...

Former Microsoft Corporation (NASDAQ: MSFT) CEO Steve Ballmer looks at Facebook Inc (NASDAQ: FB) with a bit of nostalgia. “Facebook has become a complete juggernaut,” Ballmer said Tuesday on CNBC. “And I get being a juggernaut, because Microsoft is a juggernaut.” And...

Steve Ballmer, the former Microsoft Corporation (NASDAQ: MSFT) CEO once told his wife that it is the job of the government to "take care of the poor, the sick, the old." According to a New York Times report from Andrew Ross Sorkin, Ballmer's wife disagreed with her husband which...

Steve Ballmer, former CEO of Microsoft Corporation (NASDAQ: MSFT), offered some advice to Twitter Inc (NYSE: TWTR) CEO Jack Dorsey. Ballmer is a major Twitter shareholder and bought an approximate 4 percent stake in the company back in 2015, although his purchase did cause a great deal of confusion...

Twitter Inc (NYSE: TWTR) shares are surging on Wednesday on another wave of rumors that the company could soon be acquired by a buyer. The latest rumor suggests former Microsoft Corporation (NASDAQ: MSFT) CEO Steve Ballmer could be teaming up with Saudi Prince Al-waleed Bin-Talal to buy Twitter...

Yahoo! Inc. (NASDAQ: YHOO) confirmed on Monday it reached an agreement to sell its Internet properties to Verizon Communications Inc. (NYSE: VZ) for $4.83 billion. Taking a look back at Yahoo's M&A opportunities, the going price for Yahoo's assets today could have been in the hundreds of...

Apple Inc. (NASDAQ: AAPL) will hold an event at its Cupertino headquarters March 21, according to an email sent to media sources Friday morning. In an unusual move, the company declined to invite investors to the event, which is expected to be an announcement of the fall Apple product line. Apple...

A recent Bloomberg Business article reported former Microsoft Corporation (NASDAQ: MSFT) CEO Steve Ballmer was verbally critical at Microsoft's annual shareholder meeting. Nondisclosure Issues Citing Microsoft's nondisclosure of key metrics, he further criticized the company’s lack of key...

Editor's note: Around 11:30 a.m. ET, reports emerged confirming Ballmer's 4 percent stake in Twitter. Shares of Twitter Inc (NYSE: TWTR) jumped higher by 1.25 percent early Friday morning. At the same time, the S&P 500 linked ETF, SPDR S&P 500 ETF Trust (NYSE: SPY) was flat. With no...

Microsoft Corporation (NASDAQ: MSFT) was expected to invest in Cyanogen, a startup that has created an open source mobile OS using Android. The latest report says that Microsoft is moving in another direction. "The idea that they're walking away from a deal means there's a new...

Exactly a year ago, tech giant Microsoft Corporation (NASDAQ: MSFT) appointed Satya Nadella to take the CEO reins of the company from Steve Ballmer. In the past year, Nadella has brought a lot of changes to Microsoft, including giving the company its new strategy of “mobile first, cloud...

Former Microsoft Corporation (NASDAQ: MSFT) CEO, Steve Ballmer paid $2 billion to buy the Los Angeles Clippers basketball team. The amount represented a 400-percent premium on the next-highest price ever paid for an NBA franchise. Yet according to the Financial Times, Ballmer could receive...