Tag Archives: bad-request

Microsoft Shuffles Executive Suite; Nokia’s Elop Out

Microsoft (MSFT) shook up its executive ranks on Wednesday in what has become practically an annual tradition at the software giant. In a memo to employees, Microsoft CEO Satya Nadella said the changes to the company’s senior leadership team were made to align the corporate structure with its strategy. That strategy is to deliver “best-in-class productivity services and platforms for the mobile-first, cloud-first world,” he said. “To better align

Uber Drivers Are Employees, Labor Commission Rules

Uber drivers are employees, not independent contractors, the California Labor Commission ruled, dealing what could be a huge change to the ride-sharing company’s business model with broad implications to the so-called “sharing economy.” The ruling was quietly dated June 3 and was part of an appeal in San Francisco County Superior Court filed Tuesday by Uber to get it overturned. The commission ruled that the San Francisco-based Uber is involved

Qihoo 360 May Go Private; China Stocks Turbocharge

Chinese security software and Web search firm Qihoo 360 Technology (QIHU) has become the latest Chinese tech firm in recent weeks to announce it’s received an offer to go private, sending a host of China stocks rising. Qihoo 360 said it has received a buyout offer worth $10 billion from a consortium led by its CEO, Chinese Internet billionaire Zhou Hongyi. Others in the buyout group include CITIC Securities, Golden Brick Capital Private Equity