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January 6, 2008 10:51 PM PST

Microsoft's Raikes planning deals, not exit

by Ina Fried
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Microsoft sent out a cryptically worded media alert on Sunday, indicating the software maker planned to have a teleconference bright and early Monday morning.

Even more strangely, the company quickly killed the media alert, offering no details on what it was that it had planned--but no longer planned--to announce.

A source familiar with the first-news, now-not-news, said that Business Division head Jeff Raikes has been busy on the mergers and acquisitions front, not planning his own departure or some secret reorganization.

Does anyone know who is the apple of Raikes' eye?

During her years at CNET News, Ina Fried has changed beats several times, changed genders once, and covered both of the Pirates of Silicon Valley. These days, most of her attention is focused on Microsoft. E-mail Ina.
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Raikes = $400M
by J. Blow January 7, 2008 9:56 AM PST
Um, Jeff doesn't need the money. At all. He's president of a division at MS so I'm not sure what would qualify as moving "up".
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About Beyond Binary

During her years at CNET News, Ina Fried has changed beats several times, changed genders once, and covered both of the Pirates of Silicon Valley. These days, most of her attention is focused on Microsoft.


Beyond Binary is a look at how technology is changing our lives and the people behind all that life-changing stuff, with an extra emphasis on that which emanates from Redmond, Wash.

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