Microsoft has bought Nokia phones with plans to follow Google's lead and make their own phones. Leo also says it's fueled speculation that this puts Nokia CEO Stephen Elop on the short list to succeed Steve Balmer as the head of Microsoft. Could it be that is part of the deal?
There's also a rumor, reported by Jim Kramer, that outgoing Ford CEO Alan Mullaly will be temporary CEO of Microsoft. Leo says that's unlikely because Mulally, while the perfect choice, is retiring.