Microsoft Officially Rebrands Skydrive to OneDrive

Microsoft Skydrive was initially launched to take on the likes of Dropbox and Google Drive competing for numero uno spot as the Cloud backup solution for the consumers. Despite some really brilliant free offers, skydrive failed to really make the sort of impact it was meant to make. Then came a law suite which forced Microsoft to change the name, and we guess welcomed a new start.

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As a result, Microsoft has rebranded it and is bringing Skydrive in an all new avatar. It’s called Onedrive and is available to download now on Android as well as iOS. The service is available on the web too. If you sign up for OneDrive today, you would get free space of 7 GB in the cloud. Additionally if you use Skydrive’s backup feature for your camera pictures and videos, you get an additional space of 3 GB right there. beyond this, there is also an interesting referral program where if you refer a friend you get a total of 500 Mb space over and above. You can do that to about 10 friends and earn around 5 GB of space, making total of 15 GB space available. This is definitely lesser than Dropbox, but with services like Google Drive, iCloud and OneDrive all competing now for the same audience, keep an eye on several promotional offers where you can get plenty of space in Cloud for free.

Microsoft Buys Nokia’s Handset Business for 5.4 Billion Euros

Brace yourself, cause for the die hard romantics, one of their favorite OEM manufactures logo will no more be honed on smart phones they would carry in their pockets. For most of us, Nokia has been the name synonymous with mobile phones. We grew up watching and playing with Nokia devices and still part of us want the best for the Finnish manufacturers. However, it is true that Nokia’s mobile division has been bought out by Microsoft for a whopping 5.4 Billion Euros. So that, leaves HTC as probably the oldest guard left over in the mobile OEM players.

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Also a part of the deal is Stephen Elop joining Microsoft as well as the trademark of names such as ‘Lumia’ and ‘Asha’ will be transferred to Microsoft. Though the tradename Nokia will remain with the Finnish mobile makers as they will continue to produce feature phones. Although this is a sad day for all Nokia users, in the long run probably this is the move that would be profitable for Windows Phone users. Simply because now all of Microsoft, Google and Apple have control over hardware as well as software front of devices, so we as consumers should expect lesser fragmentation as well as overall better experience.

Outgoing Microsoft CEO, Steve Ballmer said:

It’s a bold step into the future – a win-win for employees, shareholders and consumers of both companies. Bringing these great teams together will accelerate Microsoft’s share and profits in phones, and strengthen the overall opportunities for both Microsoft and our partners across our entire family of devices and services

It may turn out to be a great move for Microsoft in the long run, but for now, let us bow our heads down and blow kisses to our Nokia phones, cause soon, those would be rare units, and we, a generation which were last to use a Nokia smartphone.

Steve Ballmer Plans to Step down as CEO of Microsoft in 2014

In a news that will sadden a lot of people in the world of tech, Steve Ballmer is set to step down as the CEO of Microsoft within the next year. No, not for a single second are we advocating that he was the most accomplished CEO out there or Microsoft will miss him, in fact they might well be bettr off without him, but for the sheer energy, for the sheer energy and for the sheer audacity to pull out rabbits out of a hat that probably even a magician would not dare to, we will miss Steve Ballmer.

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The news does not come as a shock, as there had been rumors in the past of Steve not enjoying a great repo with the people at Microsoft and with rapid changes at Microsoft given a couple of failed products such as Windows 8 and to an extent Windows Phone, there were bound to be repercussions. The successor will be decided by the board shortly, but for what it’s worth, Microsoft’s shares rose by 7% shortly after the announcement was made. Definitely someone is very happy with Steve moving on. Here is the official announcement from Microsoft:

REDMOND, Wash., Aug. 23, 2013 /PRNewswire/ — Microsoft Corp. today announced that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months, upon the completion of a process to choose his successor. In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the activities they value most.

“There is never a perfect time for this type of transition, but now is the right time,” Ballmer said. “We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. My original thoughts on timing would have had my retirement happen in the middle of our company’s transformation to a devices and services company. We need a CEO who will be here longer term for this new direction.”

The Board of Directors has appointed a special committee to direct the process. This committee is chaired by John Thompson, the board’s lead independent director, and includes Chairman of the Board Bill Gates, Chairman of the Audit Committee Chuck Noski and Chairman of the Compensation Committee Steve Luczo. The special committee is working with Heidrick & Struggles International Inc., a leading executive recruiting firm, and will consider both external and internal candidates.

“The board is committed to the effective transformation of Microsoft to a successful devices and services company,” Thompson said. “As this work continues, we are focused on selecting a new CEO to work with the company’s senior leadership team to chart the company’s course and execute on it in a highly competitive industry.”

“As a member of the succession planning committee, I’ll work closely with the other members of the board to identify a great new CEO,” said Gates. “We’re fortunate to have Steve in his role until the new CEO assumes these duties.”

Founded in 1975, Microsoft (MSFT) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Via: AllthingsD