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Friday, May 27, 2011

Microsoft CEO ouster sought (Investor's Business Daily)

Hedge fund manager David Einhorn called on Steve Ballmer to quit, saying he's stuck in the past and is holding back Microsoft (NASDAQ:MSFT - News). But the software giant's board, which includes founder and Chairman Bill Gates, backs Ballmer, a source told Reuters. Apple (NASDAQ:AAPL - News) and IBM (NYSE:IBM - News) have topped Microsoft's market cap and its search and mobile tech efforts have struggled. Shares rose 1.9%.


Yahoo! News


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