Microsoft shares are getting hammered in Tuesday evening’s after-hours session on news that Ford CEO Alan Mulally will not leave the company to accept a new chief executive role at Microsoft. Rumors that Mulally was a top candidate for the CEO role that will soon be vacated by Steve Ballmer have been swirling since Ballmer first announced his imminent departure. According to a report from The Associated Press, however, Mulally has confirmed that he will stay with Ford at least through the end of 2014. Microsoft shares slid 2.5% on the news.
Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.
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