Word is coming out from All Things D that Steve Ballmer's retirement was more than likely forced upon him by the board and former CEO and founder, Bill Gates. Even though Microsoft has enjoyed profits during the years, the value of the company has been receeding and it's anemic.
Microsoft's CEO Steve Ballmer has announced he will retire as CEO of the company in one year. Ballmer, who's tenure at the helm is best described as rocky, said his biggest regret were the problems with creating Vista. Leo says that Ballmer's inability to see rising trends has been his achilles heal. Microsoft was very late to develop a compelling smartphone, and the Surface RT caused Microsoft to write off almost $200 million. Windows 8's metro and desktop interfaces have also caused a lot of confusion among users.
As we get towards fall, rumors are flying about when Apple will announce the next generation iPhone. The two rumored iPhones will be the iPhone 5S and the iPhone 5C. The iPhone 5C will be available in a variety of colors, according to reports, and will be lower in cost. Leo says we won't see a lot of hardware advancements as we are on the 'tock' of the 'tick-tock' cycle. We will see the obvious software refinements that we have already learned from the iOS7 announcement a few months back.
With stores dropping prices of the Microsoft Surface RT $150 (or 30% off), Microsoft announced a $900 million loss this quarter. This is likely because Windows RT isn't a real copy of Windows. It doesn't run programs for Windows Phone or Windows 8, it's it's own separate operating system. Leo doesn't advise buying the Surface RT tablet at this point because he suspects it won't be around for long.
A Boeing 777 operated by Asiana Airlines crashed while landing at SFO, and Twitter had the story before any of the major news networks. YouTube video and pictures of the smoke coming from the plane were posted from people at the airport, and even from someone who was on the plane.
CNN has since posted a rundown of all of the events and facts of the crash: http://www.cnn.com/2013/07/07/us/california-plane-developments/index.html
The Federal Aviation Administration may be about to reverse rules that prohibit the usage of mobile devices during takeoff and landing. Leo says that with pilots using iPads while they're flying, there's really no need to prevent passengers from using their devices as well. Cell service will still be restricted and Leo says the reason for that is so that airlines could sell more expensive cellular service on airplanes.
Not long ago, Google started to weigh search results in favor of their own services and advertisers. Other search engines complained to the FTC and this week, Google was cleared of wrong doing. The organization Fair Search thinks the FTC punted on the issue and it'll only embolden Google to be even more biased and use its monopoly on search to harm consumers and small businesses.