Bonum Certa Men Certa

More Microsoft Staff Quits, Microsoft Shares Fall, Pequot Fraud Revisited (Whistleblower Compensated)

Whistle



Summary: Bad news for Microsoft, ranging from the departure of Rebecca Norlander to a collapse in value and the reminder of further layoffs/offshoring

THIS news is indirectly related to the death of KIN. It helps show just how vulnerable Microsoft really is.



Now that Allard is out [1, 2, 3] his wife is leaving too. She was the online-ads leader, according to the boosters:

Rebecca Norlander, a partner engineering manager with Microsoft's online advertising business, has left the company along with her husband, former Xbox guru J Allard.


Mary Jo Foley wrote about this too:

When I spoke last month with Rebecca Norlander — a high-profile Microsoft exec who had done stints in a variety of business units — she was evaluating her next move inside the company.

[...]

Just before resigning, Norlander was talking about new job possibilities with the Entertainment and Devices unit, among others divisions at Microsoft, she said. She also was having conversations with the SQL Server and Windows teams about potential opportunities.


Only about 3-5 days ago we have been in E-mail contact with a Microsoft veteran (almost 30 years) who was friends with J Allard and Bill Gates. He struggled to explain to us Allard's departure, which some say was a sacking, not a quitting.

Microsoft has lost many executives recently. The leadership is weak and Microsoft implodes from within. "100 Index Posts Record Losing Streak as Microsoft Slumps," said BusinessWeek some days ago:

The measure, which gets 63 percent of its value from computer-related companies such as Microsoft Corp. and Apple Inc., has declined 9.7 percent after slumping 10 consecutive days. Microsoft has tumbled 26 percent since peaking on April 22, while Apple has fallen 9.9 percent in two weeks.


Now is a bad time to be a Microsoft investor, unless one has inside information from Microsoft. Pequot Capital criminally got that privilege [1, 2], which allowed it to fraudulently make money from Microsoft's stock. The SEC's incompetence is now costing people a fortune and one employee gets compensated for an unjust firing. It's a Pequot whistleblower.



From Murdoch's press:

In May, after new information surfaced in a divorce case, Pequot founder Arthur Samberg agreed, without admitting or denying wrongdoing, to pay $28 million to settle allegations he engaged in insider trading of Microsoft stock.


More here:

Last month Pequot, which abruptly went out of business in 2009, agreed to pay $28 million to settle regulators claims that it illegally used inside information to trade Microsoft Corp shares.


It's a sign of rotten systems. Watch how they penalise those who seek justice:

The U.S. Securities and Exchange Commission will pay $755,000 to a former enforcement attorney who said the agency unjustly fired him after he tried to investigate insider-trading allegations involving former Morgan Stanley Chief Executive Officer John Mack.


Speaking of whistleblowers, Microsoft fired a whistleblower for saying the truth and bribed another fired whistleblower to drop allegations of Microsoft fraud. Microsoft is a corrupt company, so it's only its nature to operate in this way. Eric Savitz, one of the key boosters of Microsoft's stock, is still sticking with the same agenda. It would be interesting to know if he has had shares in Microsoft (MSFT).

For those who do not know, Microsoft's divisions are suffering at many levels; allegedly, they still quietly lay employees off (without disclosure). The "KIN" team would be one obvious area.

"Microsoft and Honda executives dole out advice on cutting jobs," says this news headline from the Telegraph. Microsoft must be the expert, having dealt with many larger-scale layoffs recently.

Gordon Frazer, managing director of Microsoft, said: "With hindsight, people understood what was going on long before we made any announcement. The sooner you can tell them 'this is how it is going to affect you and your job', the better."


Microsoft does not have to publicly announce layoffs (not even to shareholders) if the process is slow and gradual and if the jobs are moved to cheaper places, as we shall show later.

Comments

Recent Techrights' Posts

Drew's Development Mailing Lists and Patches to 'Refine' His Attack Pieces Against the FSF's Founder
Way to bury oneself in one's own grave...
The Free Software Foundation is Looking to Raise Nearly Half a Million Dollars by Year's End
And it really needs the money, unlike the EFF which sits on a humongous pile of oligarchs' and GAFAM cash
What IBMers Say About IBM Causing IBMers to Resign (by Making Life Hard/Impossible) and Why Red Hat Was a Waste of Money to Buy
partnering with GAFAM
In Some Countries, Desktop/Laptop Usage Has Fallen to the Point Where Microsoft and Windows (and Intel) Barely Matter Anymore
Microsoft is the next Intel basically
[Meme] The Web Wasn't Always Proprietary Computer Programs Disguised as 'Web Pages'
The Web is getting worse each year
Re-de-centralisation Should Be Our Goal
Put the users in charge, not governments and corporations in charge of users
Gemini Links 19/11/2024: Rain Music, ClockworkPi DevTerm, and More
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Monday, November 18, 2024
IRC logs for Monday, November 18, 2024
Links 18/11/2024: Science News and War Escalations in Ukraine
Links for the day
Gemini Links 18/11/2024: Degrowth and OpenBSD Fatigue
Links for the day
Technology: rights or responsibilities? - Part VII
By Dr. Andy Farnell
BetaNews is Still 'Shitposting' About Trump and Porn (Two Analysers Say This 'Shitposting' Comes From LLMs)
Probably some SEO garbage, prompted with words like "porn" and "trump" to stitch together other people's words
Market Share of Vista 11 Said to be Going Down in Europe
one plausible explanation is that gs.statcounter.com is actually misreporting the share of Vista 11, claiming that it's higher than it really is
Fourth Estate or Missing Fourth Pillar
"The term Fourth Estate or fourth power refers to the press and news media in explicit capacity of reporting the News" -Wikipedia on Fourth Estate
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Sunday, November 17, 2024
IRC logs for Sunday, November 17, 2024
LLMs Are Not a Form of Intelligence (They Never Will Be)
Butterflies are smarter than "chatGPT"
Business Software Alliance (BSA), Microsoft, and AstroTurfing Online (Also in the Trump Administration Groomed by BSA and Microsoft)
Has Washington become openWashington? Where the emphasis is openwashing rather than Open(Source)Washington?
Windows at 1%
Quit throwing taxpayers' money at Microsoft, especially when it fails to fulfil basic needs and instead facilitates espionage by foreign and very hostile nations
Links 17/11/2024: Pakistan Broke, Tyson 'Crashes' or Knocks Over Netflix
Links for the day
Gemini Links 17/11/2024: Nachtigall Planned, Exodus at Twitter
Links for the day
Links 17/11/2024: China's Diplomacy and Gazprom Setback
Links for the day
Sudan Has Reached a State of Android Domination (93% Market Share, All-Time High According to statCounter)
countries at war buy fewer laptops?
[Meme] Just Do It?
'FSF' Europe (Microsoft) and FSF
Microsoft Front Groups Against the FSF, Home of GPL, GNU, and Free Software
Much of the money (not all of it) comes from the criminals at Redmond
Centralisation is Dooming the Web, RSS is One Workaround (But Not "Planets")
At least Gemini Protocol rejects centralisation
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Saturday, November 16, 2024
IRC logs for Saturday, November 16, 2024
Links 17/11/2024: Wars, Bailouts, and Censorship
Links for the day
Gemini Links 17/11/2024: Changing Interests and HamsterCMS
Links for the day