Following a five-month search, Satya Nadella has officially been named Microsoft’s third CEO in the company’s nearly four-decade-long history. Yesterday, the 22-year Microsoft vet was named to succeed Steve Ballmer. In addition, co-founder Bill Gates will vacate his chairman’s post to become technical adviser to Nadella and help shape Microsoft’s product strategy moving forward, including a focus in the mobile space. Gates is not expected to play a role in day-to-day management. Continue reading It’s Official: Satya Nadella to Serve as Microsoft Chief Exec

During the Yahoo keynote presentation, CEO Marissa Mayer announced a mobile acquisition, introduced a number of new products and services, and entertained the crowd with a “Saturday Night Live” skit featuring actual “SNL” performers. Mayer announced that Yahoo now has more than 400 million monthly mobile users, a figure which excludes social network Tumblr, purchased last year. Tuesday’s presentation was largely about simplifying Yahoo’s business and a focus on content creation and related advertising. Continue reading Yahoo’s Marissa Mayer Introduces New Content and Ad Products

Houston-based SnapStream offers a line of DVR devices that are highly scalable and can go well beyond consumer DVR functionality. These devices have the ability to use 30+ channels to record a large collection of TV programming simultaneously, create clips and share via the cloud. SnapStream products are being used in the media industry in addition to other non-media industries that have a need to record and catalog video — for example: government, schools and the military. Continue reading SnapStream DVR Records Multiple Channels and Shares Clips