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Ballmer-bashing fund manager ups Microsoft stake

David Einhorn, the hedge-fund manager who called for Steve Ballmer's head three months ago, just increased his stake in Microsoft.

Einhorn's Greenlight Capital reported holding 14.8 million shares of Microsoft as of June 30, according to a regulatory filing dated yesterday. That's up from 9.1 million shares Greenlight held at the end of the previous reporting period, March 31. The Wall Street Journal first reported Greenlight's increased stake.

In May, Einhorn suggested that Ballmer step aside as chief executive of Microsoft, in part, for allowing competitors to jump ahead of the software giant in … Read more

Buzz Out Loud 1478: Zuck Hunt (Podcast)

Without Molly or Brian, CNET's podcast of indeterminate length is commandeered by indeterminate hosts. CNET's Donald Bell and Eric Franklin steer the Buzz Out Loud ship into the shark-infested waters of poached PayPal employees and Twitter CEOs. Plus, HTC is paying Microsoft for Android phones, the International Space Station reaches completion (sorta), and Mark Zuckerberg hunts for his own lunch.

Subscribe:  iTunes (MP3) |  iTunes (320x180) |  iTunes (640x360) |  RSS (MP3) |  RSS (320x180) |  RSS (640x360)… Read more

Top fund manager: Ballmer must go

A top hedge fund manager is calling on Microsoft's Steve Ballmer to step aside as CEO and let someone else lead the company.

Speaking at the Ira Sohn Investment Research Conference in New York yesterday, David Einhorn, president of hedge fund Greenlight Capital, was outspoken in his criticism of Ballmer as a key factor holding back the company's stock.

"It's time for Microsoft's board to tell Steve Ballmer, 'All right, we see what you can do, let's give so-and-so a chance,'" Einhorn said. as quoted in a Bloomberg story. "His continued presence … Read more