[News] [Rival] Microsoft "Zune Gang" Regroups After Leader Jumped Ship and President Robbie Bach Committed Crime
Roy Schestowitz
,----[ Quote ]
| Microsoft's Entertainment & Devices Div. President Robbie Bach sent an e-mail
| on Oct. 4 notifying staff of this. Thompson will report to J Allard...he
| worked with Allard on the original Xbox business. Several of the early Xbox
| cohorts are already on the Zune team, the story says and quotes
| Allard: "We're getting the gang back together."
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http://biz.yahoo.com/paidcontent/071005/1_315471_id.html?.v=1
Yes, he said "Gang". That's the mentality at Microsoft. President Robbie Bach
was caught committing crimes just a couple of months ago (stealing
shareholders' money), but this "gang" is clearly above the law, so there was
no punishment.
New Microsoft Zune - Great, But...
,----[ Quote ]
| ...all of the new Zunes in the world won't help Microsoft (or anybody) be any
| more than a niche player in the space.
|
| Period, end of story.
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http://seekingalpha.com/article/48999-new-microsoft-zune-great-but?source=yahoo
Microsoft Taps Thompson to Run Zune
,----[ Quote ]
| Thompson will report to J Allard, the product design visionary who has held
| the position since Bryan Lee retired in April.
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http://www.businessweek.com/technology/content/oct2007/tc2007105_130007.htm?campaign_id=yhoo
6 months without leadership in the Zune project. Just amnesty bins, iPod FUD,
and RIAA schemes to force 'tax' (as in "pirate" tax) on all iPods.
Related:
Microsoft says Zune executive will leave company
,----[ Quote ]
| Bryan Lee, corporate vice president at Microsoft's entertainment
| and devices division, also played a key role in shaping the Xbox
| game console business and the introduction of its Internet
| Protocol television software.
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http://news.zdnet.com/2100-9595_22-6155200.html
Microsoft exec dumped stock prior to Red Ring announcement
,----[ Quote ]
| To make matters more murky, the sales were not registered with the Securities
| and Exchange Commission within the mandatory two days of the transaction, a
| result of an alleged "administrative error." Microsoft has since remedied the
| issue by following the "procedures required of late-filers."
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Microsoft's Bach sold more stock before Xbox news
,----[ Quote ]
| Microsoft Corp. executive Robbie Bach sold $3 million more in company stock
| during the period leading up to an announcement about a costly flaw in its
| Xbox video game console than previously reported, according to a filing
| Monday with the Securities and Exchange Commission.
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Insider Trading Hasn't Affect Microsoft Stock - Yet
,----[ Quote ]
| MarketWatch.com reports that Robbie Bach, president of Microsoft's
| Entertainment and Devices division, sold $6.2 million of Microsoft
| stock just prior to announcing that Microsoft was going to have to
| extend XBox 360 warranties to three years because of extensive
| failures. The filings note that this was not part of any
| scheduled diversification or selling program; this was a
| conscious, unscheduled sale by the guy in charge of releasing
| news that could affect the value of Microsoft stock.
|
| [...]
|
| Insider trading is a very serious violation of the law; just
| ask Martha Stewart, who served five months in prison for
| avoiding losses of $43,000 through trades that just had suspicious
| timing (no insider trading was actually proven). This is $6.3
| million that went straight into Robbie Bach's pocket.
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