Sign in / Sign up PORTFOLIOS add / remove portfolio MARKETS Top news & Analysis Market Data Breaking News Investing Ideas Dividends & Income ETFs Macro View Get Quote MORE Mini app store Font size Privacy & Terms Help & Support Desktop Version Nadella memo hints at big Microsoft product changes 12 MINUTES AGOMSFT "We will deliver digital work and life experiences that are reinvented for the mobile-first and cloud-first world," says Satya Nadella (MSFT - unchanged) in a lengthy memo. "We will reinvent productivity for people who are swimming in a growing sea of devices, apps, data and social networks." Nadella suggests major strategic and cultural changes will be part of the package. "Organizations will change. Mergers and acquisitions will occur. Job responsibilities will evolve. New partnerships will be formed. Tired traditions will be questioned." That last line might be a shot at some of the criticized practices of the Steve Ballmer era. Nadella adds Microsoft will "streamline [its] engineering process and reduce the amount of time and energy it takes to get things done." He promises engineers "will see fewer people get involved in decisions and more emphasis on accountability." At the same time, Nadella affirms Microsoft's commitment to the Xbox, and argues technologies developed by the Xbox unit have strengthened Windows, Skype, and other products. Microsoft has already shown a greater willingness to support rival platforms since Nadella became CEO in February, and has also shaken up its executive ranks. A massive reorg meant to strengthen cross-product collaboration was launched a year ago. |