Latest Business News: Microsoft Plans Biggest Reorganization In 5 Years

In the biggest Microsoft reorganization in five years. CEO Steve Ballmer will eliminate the current five Microsoft business units along with merging all three Microsoft operating systems into a single division The reorganization Microsoft Corp has announced represents the most sweeping re-structuring of the world's largest software company since 2008. The move is designed to better align Microsoft's operations, with Chief Executive Steve Ballmer's stated goal of becoming a "devices and services" company. Microsoft's stronghold of providing software for PCs is under threat as consumers and corporations increasingly turn to mobile devices, such as smart phones and tablets, and to Web-based software. Nokia announced a new smartphone, the Lumia 1020, with a 41-megapixel camera in its latest bid to catch up with rivals Samsung Electronics Co Ltd and Apple Inc. The Finnish mobile phone maker is betting its future in smartphones on Microsoft Corp's Windows Phone operating system, as well as on high-tech photography features.
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