Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MICROSOFT CORPORATION

(MSFT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Microsoft says it investigated Gates' involvement with employee

05/17/2021 | 08:19am EDT
FILE PHOTO: Bill Gates, Co-Chair of Bill & Melinda Gates Foundation arrives at the Elysee Palace in Paris, France

(Reuters) - Microsoft conducted a probe into co-founder Bill Gates' involvement with an employee almost 20 years ago after it was told in 2019 that he had tried to start a romantic relationship with the person, the company said on Monday.

Microsoft said it had received a concern in the latter half of 2019 that Gates "had sought to initiate an intimate relationship with a company employee in the year 2000," a Microsoft spokesman said in a statement.

"A committee of the Board reviewed the concern, aided by an outside law firm to conduct a thorough investigation. Throughout the investigation, Microsoft provided extensive support to the employee who raised the concern," the statement said.

The Wall Street Journal reported on Sunday that Microsoft's board had decided that Gates' involvement with the female employee was inappropriate and he needed to step down in 2020, citing people familiar with the matter.

The Microsoft spokesman declined to comment on whether the board had decided Gates should go.

In a statement to the Wall Street Journal, a spokesman for Gates said his decision to leave the board of Microsoft had nothing to do with his involvement with an employee.

"There was an affair almost 20 years ago which ended amicably. Bill's decision to transition off the board was in no way related to this matter," the statement said.

"In fact, he had expressed an interest in spending more time on his philanthropy starting several years earlier."

A spokesman for the Gates Foundation told Reuters it stood by the statement to the paper.

The billionaire, who co-founded Microsoft in 1975 and served as its CEO until 2000, said in March 2020 that he was stepping down from the board to focus more on philanthropy.

Gates and his wife Melinda filed for divorce earlier this month after 27 years of marriage.

(Reporting by Supantha Mukherjee; writing by Carmel Crimmins; editing by Nick Tattersall)


© Reuters 2021
All news about MICROSOFT CORPORATION
04:58pDELUXE  : Partners With Microsoft to Offer Payroll Solutions to Small Businesses
MT
02:59pNasdaq and S&P 500 scale new peaks; Dow rallies
RE
01:57pMICROSOFT  : Previews Windows 11 Update With Integrated Teams Chat Feature
MT
12:48pSTREET COLOR : Microsoft Partners With Amazon to Bring More Content to Microsoft..
MT
12:25pMicrosoft challenges Apple's business model with new Windows 11 operating sys..
RE
12:22pHP  : Says PCs Upgradeable to Windows 11
MT
12:15pMICROSOFT  : Introducing Windows 11
PU
11:55aMICROSOFT  : venture fund M12 leads env0 Series A round
PU
11:47aMicrosoft teams up with amazon to bring more content to the microsoft app sto..
RE
11:47aMICROSOFT  : Teams Up With Amazon To Bring More Content To Microsoft App Store -..
RE
More news
Financials (USD)
Sales 2021 166 B - -
Net income 2021 59 385 M - -
Net cash 2021 66 544 M - -
P/E ratio 2021 34,0x
Yield 2021 0,84%
Capitalization 2 009 B 2 009 B -
EV / Sales 2021 11,7x
EV / Sales 2022 10,3x
Nbr of Employees 163 000
Free-Float 99,9%
Chart MICROSOFT CORPORATION
Duration : Period :
Microsoft Corporation Technical Analysis Chart | MSFT | US5949181045 | MarketScreener
Technical analysis trends MICROSOFT CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 42
Last Close Price 265,28 $
Average target price 294,78 $
Spread / Average Target 11,1%
EPS Revisions
Managers and Directors
NameTitle
Satya Nadella Chairman & Chief Executive Officer
Bradford L. Smith President & Chief Legal Officer
Amy E. Hood Chief Financial Officer & Executive Vice President
James Kevin Scott Chief Technology Officer & Executive VP
Gina L. Loften Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
MICROSOFT CORPORATION19.90%1 997 938
SEA LIMITED41.11%147 303
ZOOM VIDEO COMMUNICATIONS, INC.11.74%111 058
ATLASSIAN CORPORATION PLC14.38%67 189
DASSAULT SYSTÈMES SE20.55%62 616
PALANTIR TECHNOLOGIES INC.11.55%49 302