By Steve Lohr, The New York Times
Published: February 2, 2008
Bill Gates, the chairman of Microsoft and a global philanthropist, called upon fellow business leaders at the World Economic Forum last week to pursue a kinder form of capitalism.
But on Friday, the brand of capitalism practiced by his company’s chief executive, Steven A. Ballmer, came with a decidedly hard edge.
Microsoft’s $44.6 billion bid for Yahoo, pushed by Mr. Ballmer, was hostile. And during a conference call Friday with analysts and in a subsequent interview, he never once uttered the word “Google,” referring to the Internet search giant that has humbled Microsoft only as “the leader” in the online world.
Mr. Ballmer, 51, is a famously fierce competitor. To him, failure is never an option. “If we don’t get it right at first, we’ll just keep coming and coming and coming and coming,” he said in an earlier interview.
Microsoft’s bid for Yahoo is thus a tacit, and difficult, admission that the company did not get its online business right. The bid also represents a sharp departure from Microsoft’s well-thumbed playbook of building new businesses on its own. In the past, when Microsoft moved beyond its stronghold in desktop computer software — and into areas like video games and data-center software — it has done so mainly with in-house investment, patience and tenacity.
Read More ....
No comments:
Post a Comment