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Missing the future

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The grass is greener

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Limited Fix

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steve ballmer

Well that was fast. Your dreams of Clippy as a mascot in the NBA are going to be put on hold. Steve Ballmer was basically set to buy professional basketball team the Los Angeles Clippers last Friday. He laid down a cool $2 billion, which would have put it as the most expensive purchase for a basketball team. Turns out current Clippers own Donald Sterling isn't ready to part with the team and has advised his lawyers to sue the NBA.

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What do Steve Ballmer, Larry Ellison, and Magic Johnson have in common? They're all interested in buying the Los Angeles Clippers from embattled owners Shelly and Donald Sterling. The auction, said to be a blind bidding process in which those bidding do not know what their competition has offered, is moving quickly, with the Sterlings looking to unload the NBA franchise after Donald's racist comments led to his being forcibly removed from the leadership of the team. Ballmer's interest in the team isn't new, but according to Forbes the former Microsoft CEO is offering $1.8 billion.

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Ex-Microsoft CEO Steve Ballmer is reportedly in talks with the owner of the Los Angeles Clippers NBA team. Shelly Sterling, who recently bought the team from husband Donald Sterling, met with Ballmer over the weekend to engage in talks of selling the professional team. Mrs Sterling has hesitated in selling out, but with issues staining the team, it would make sense for a deal to be arranged.

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Bloomberg BusinessWeek has a fascinating article today on the behind-the-scenes maneuvering by Microsoft on the Nokia devices acquisition. The four page article is mostly about how CEO Nadella is putting things back together, and asserting his vision, but there are some enthralling tidbits too about how the Nokia deal came to be.

In the report, it’s revealed that the original deal included Nokia’s HERE Maps in addition to Nokia’s hardware division. That’s interesting, if only because many arm-chair CEOs have suggested that Microsoft should just buy everything from Nokia. The Microsoft board, however, disagreed. The main complaint? The deal was “too expensive and complex” and the mapping division was not even needed (between Bing Maps and licensing, it’s not clear why Microsoft needs to own HERE Maps).

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You could say today was a pretty big day for Microsoft. The company announced their third CEO today, Satya Nadella. It was big news and to celebrate. To celebrate, former CEO’s Bill Gates and Steve Ballmer took the stage to welcome Satya on Microsoft’s campus. It took place in Studio D at Microsoft and had hundreds of employees cramming the atrium to catch a glimpse of history. Below are some highlights of the event shared by Microsoft.

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