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Microsoft on the move (RCR Mobile Minute)

In today’s Mobile Minute, Microsoft makes changes, CWA supports AT&T’s DirecTV bid, and reviewers praise the new iPhone 6.

Mobile Minute

Microsoft is making leadership changes, proceeding with its planned layoffs, and funneling cash back to shareholders. Today the software giant said that Visa CEO Charles Scharf and Kraft CFO Teri List-Stoll will join its board. They will replace Dave Marquardt and Dina Dublon, whose terms are ending.

Meanwhile ZDNet is reporting that Microsoft will cut more jobs tomorrow, as part of its previously announced plan to eliminate 18,000 jobs. The company said in July that most of those cuts would be announced by January, and it has already let go thousands of people. Many of the employees who lost their jobs in the first round of layoffs were employees in Finland who worked at Nokia. Microsoft slashed the headcount after buying that business.

Finally, Microsoft will continue its tradition of increasing its dividend. The board of directors announced an 11% increase in its dividend, boosting it to 31 cents per share.

Other top stories for today:
FCC holds mobile-focused ‘Open Internet Roundtable’
A number of mobile operators and wireless industry associations say that the FCC needs to treat wired and wireless broadband access differently. … Read More

CWA throws support behind AT&T/DirecTV deal
CWA, which claims to represent 110,000 AT&T employees across its wireline, wireless and broadband operations, said that … Read  More

Key takeaways from Super Mobility Week
Super Mobility had at least three strikes agains it, but nonetheless delivered some insights for those who were able to pay attention. … Read More

ABOUT AUTHOR

Martha DeGrasse
Martha DeGrassehttp://www.nbreports.com
Martha DeGrasse is the publisher of Network Builder Reports (nbreports.com). At RCR, Martha authored more than 20 in-depth feature reports and more than 2,400 news articles. She also created the Mobile Minute and the 5 Things to Know Today series. Prior to joining RCR Wireless News, Martha produced business and technology news for CNN and Dow Jones in New York and managed the online editorial group at Hoover’s Online before taking a number of years off to be at home when her children were young. Martha is the board president of Austin's Trinity Center and is a member of the Women's Wireless Leadership Forum.