Microsoft Corporation (MSFT) News: Cyber Crime Update, Next CIO & Chips From Qualcomm, Inc. (QCOM)

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Editor’s Note: Related tickers: Microsoft Corporation (NASDAQ:MSFT), QUALCOMM, Inc. (NASDAQ:QCOM), NVIDIA Corporation (NASDAQ:NVDA)

Microsoft liberates two million PCs from Citadel (BusinessSpectator)
Microsoft Corporation (NASDAQ:MSFT) says an assault it led earlier this month on one of the world’s biggest cyber-crime rings freed at least 2 million PCs infected with a virus believed to have been used to steal more than $US500 million from bank accounts worldwide. “We definitely have liberated at least 2 million PCs globally. That is a conservative estimate,” Richard Domingues Boscovich, assistant general counsel with Microsoft Corporation (NASDAQ:MSFT)’s Digital Crimes Unit, said in an interview overnight. He said the vast majority of infected machines were in the United States, Europe and Hong Kong.

Microsoft Corporation (NASDAQ:MSFT)

Microsoft Said to Add Qualcomm as Surface RT Supplier (Bloomberg)
Microsoft Corporation (NASDAQ:MSFT), seeking to break into the market for tablet computers, will update its Surface RT using chips from QUALCOMM, Inc. (NASDAQ:QCOM), people with knowledge of the company’s plans said. Some new versions of Surface will be based on QUALCOMM, Inc. (NASDAQ:QCOM)’s Snapdragon processors, which can deliver fast wireless data connections, said the people, who asked not to be identified because Microsoft Corporation (NASDAQ:MSFT) has yet to announce new models. NVIDIA Corporation (NASDAQ:NVDA), whose Tegra chip is used in the current Surface RT, will continue as a supplier for some versions, one person said.

Next Microsoft CIO Must Manage Like a CEO (WSJ)
Microsoft Corporation (NASDAQ:MSFT)’s next CIO must show the general management skills of a CEO and possess excellence in operations, technology and sales to support the company’s business, according to recruiters. Good thing the Pacific Northwest boasts longer summer daylight hours because whoever steps in as Microsoft Corporation (NASDAQ:MSFT)’s new CIO is going to need them. On top of handling the Redmond, Wash. company’s internal IT systems, the new CIO will overseeing software testing at a company that’s accelerated its product development to address computing shifts. The candidate must also be able to work with a work culture one recruiter said is challenging for outsiders to adapt to.

Microsoft Corporation (NASDAQ:MSFT) shares declined by 0.06% (WallStreetPR)
The share prices of Microsoft Corporation (NASDAQ:MSFT) had declined by 0.06 percent to close at $34.98 per share for the end of last trading session on Tuesday. The shares of the company had been trading in the range of $34.90 to $35.17 per share during the day, close to their recent year high level of prices. The shares of Microsoft Corporation (NASDAQ:MSFT) had recorded 52 week high price level of $35.78 per share and 52 week low price level of $26.26 per share. Microsoft Corporation (NASDAQ:MSFT) had recently reported excellent financial results for the third quarter of fiscal year 2013, in which the company had generated an increase in revenue of 18 percent to touch $20.5 billion and an increase in net income by 19 percent to touch $6.1 billion.

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