Microsoft Ceo Bonus Cut For Kin Flop, Lack Of Ipad Rival

A new Microsoft SEC filing published late Thursday revealed that the company punished its CEO Steve Ballmer for his inability to turn around the company's struggling mobile efforts so far. The proxy statement notes that his total compensation of $1.35 million, including a $670,000 base salary and a matching bonus, was lower than in 2008 due to the "unsuccessful launch of the Kin" and "a loss of market share" for Windows Mobile.

Sections:  news   business   
Topics:  ceo   ceo salary   electronics   gadgets   ipad   kin   microsoft   sec   steve ballmer   tablet computer   windows mobile   
RELATED ARTICLES
  • Microsoft Develops Set-Top Box
    Microsoft has been developing designs for a simple set-top device for streaming video and other entertainment options. More
  • Amazon may be working on a smartphone with hologram-like 3D
    Amazon is reportedly developing a smartphone that sports a 3D screen that relies on retina-tracking technology to make images seem to float above the screen like a hologram. With the smartphone, users would be able to navigate through content by using their eyes alone, according to two unnamed people who discussed the phone with the Wall Street Journal. More
  • Microsoft may buy Barnes & Noble's Nook unit for $1 billion
    According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
  • HTC Expects Brighter Second Quarter
    Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up. More
  • iOS 7 likely to bring big changes to iPhone, iPad — but when will it launch?
    The next major update of iOS, Apple's phone and tablet operating system, is likely to showcase a massive design overhaul led by Apple design guru Jony Ive. More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News