Bonum Certa Men Certa

More Microsoft Staff Quits, Microsoft Shares Fall, Pequot Fraud Revisited (Whistleblower Compensated)

Whistle



Summary: Bad news for Microsoft, ranging from the departure of Rebecca Norlander to a collapse in value and the reminder of further layoffs/offshoring

THIS news is indirectly related to the death of KIN. It helps show just how vulnerable Microsoft really is.



Now that Allard is out [1, 2, 3] his wife is leaving too. She was the online-ads leader, according to the boosters:

Rebecca Norlander, a partner engineering manager with Microsoft's online advertising business, has left the company along with her husband, former Xbox guru J Allard.


Mary Jo Foley wrote about this too:

When I spoke last month with Rebecca Norlander — a high-profile Microsoft exec who had done stints in a variety of business units — she was evaluating her next move inside the company.

[...]

Just before resigning, Norlander was talking about new job possibilities with the Entertainment and Devices unit, among others divisions at Microsoft, she said. She also was having conversations with the SQL Server and Windows teams about potential opportunities.


Only about 3-5 days ago we have been in E-mail contact with a Microsoft veteran (almost 30 years) who was friends with J Allard and Bill Gates. He struggled to explain to us Allard's departure, which some say was a sacking, not a quitting.

Microsoft has lost many executives recently. The leadership is weak and Microsoft implodes from within. "100 Index Posts Record Losing Streak as Microsoft Slumps," said BusinessWeek some days ago:

The measure, which gets 63 percent of its value from computer-related companies such as Microsoft Corp. and Apple Inc., has declined 9.7 percent after slumping 10 consecutive days. Microsoft has tumbled 26 percent since peaking on April 22, while Apple has fallen 9.9 percent in two weeks.


Now is a bad time to be a Microsoft investor, unless one has inside information from Microsoft. Pequot Capital criminally got that privilege [1, 2], which allowed it to fraudulently make money from Microsoft's stock. The SEC's incompetence is now costing people a fortune and one employee gets compensated for an unjust firing. It's a Pequot whistleblower.



From Murdoch's press:

In May, after new information surfaced in a divorce case, Pequot founder Arthur Samberg agreed, without admitting or denying wrongdoing, to pay $28 million to settle allegations he engaged in insider trading of Microsoft stock.


More here:

Last month Pequot, which abruptly went out of business in 2009, agreed to pay $28 million to settle regulators claims that it illegally used inside information to trade Microsoft Corp shares.


It's a sign of rotten systems. Watch how they penalise those who seek justice:

The U.S. Securities and Exchange Commission will pay $755,000 to a former enforcement attorney who said the agency unjustly fired him after he tried to investigate insider-trading allegations involving former Morgan Stanley Chief Executive Officer John Mack.


Speaking of whistleblowers, Microsoft fired a whistleblower for saying the truth and bribed another fired whistleblower to drop allegations of Microsoft fraud. Microsoft is a corrupt company, so it's only its nature to operate in this way. Eric Savitz, one of the key boosters of Microsoft's stock, is still sticking with the same agenda. It would be interesting to know if he has had shares in Microsoft (MSFT).

For those who do not know, Microsoft's divisions are suffering at many levels; allegedly, they still quietly lay employees off (without disclosure). The "KIN" team would be one obvious area.

"Microsoft and Honda executives dole out advice on cutting jobs," says this news headline from the Telegraph. Microsoft must be the expert, having dealt with many larger-scale layoffs recently.

Gordon Frazer, managing director of Microsoft, said: "With hindsight, people understood what was going on long before we made any announcement. The sooner you can tell them 'this is how it is going to affect you and your job', the better."


Microsoft does not have to publicly announce layoffs (not even to shareholders) if the process is slow and gradual and if the jobs are moved to cheaper places, as we shall show later.

Comments

Recent Techrights' Posts

World Press Freedom Day: WIPO censors Debian suicide cluster
Reprinted with permission from Daniel Pocock
Links 07/05/2024: Pulitzer for Supreme Court Expose, New Threats to Media Reported
Links for the day
Berlin police declined to investigate FSFE Nazi comparisons
Reprinted with permission from Daniel Pocock
Microsoft GitHub: A Hair Salon Where You Get Awards for Nothing (NFT Vanity)
People aren't defined by some private (proprietary) database and Microsoft does not universally "score" developers
 
[Video] Microsoft is Like Big Oil, Big Tobacco, and Other Perpetrators of Fear, Uncertainty, Doubt/Fear-mongering
openwashing, Microsoft lobbying, and Microsoft subsidies (e.g. bailouts in the form of 'defence' contracts)
Security & Debian: Urgent: New Feed URLs after another WIPO censorship
Reprinted with permission from Daniel Pocock
Gemini Links 07/05/2024: Smashing Windows (Moving to GNU/Linux) and Mastodon Time-wasting
Links for the day
Links 07/05/2024: Cheap EVs and Cloudflare Layoffs
Links for the day
[Meme] Communities Governed by Parasitic Elements and Girlfriends (Who Can't Understand Those Communities)
Karen Sandler and Molly de Blanc present at DebConf18
[Meme] You Can't Kill an Idea (or Facts)
Thankfully, in Western societies, there's still due process, rule of law etc. You don't just hire assassins or imprison critics
[Meme] Software in the Public Interest (SPI), Inc, Values Articles of Daniel Pocock at ~$5,000 Each (and Fails to Hide the Facts)
we are laughing, not grieving
IRC Proceedings: Monday, May 06, 2024
IRC logs for Monday, May 06, 2024
Over at Tux Machines...
GNU/Linux news for the past day
[Meme] About 2,564 Internet Sites Now at Risk of Hostile Takeover by Microsoft-Sponsored Software in the Public Interest (SPI)
WIPO censors Debian suicide cluster
Links 07/05/2024: Burning Plastic Waste, Facebook Censoring Politicians
Links for the day
Gemini Links 07/05/2024: Smashing Windows (Microsoft Losing Users to GNU/Linux), Sixty Years of BASIC
Links for the day
Southern Asia is All Android (Majority) Now
It's looking better (almost) every month
Windows Already Down to 1% "Market Share" in Some Countries
it is a dying breed
Tesla Has Become a Ponzi Scheme or a 'Meme Stock'
They tell us Tesla is "worth" almost twice as much as a company that sold about 30 times more cars
For People at Red Hat "Job is at Risk"
Red Hat is consulting some notorious firms to implement cuts
Linux.com Became Mostly Dead, de Facto Marketing Site of "Linux" Foundation Products (Unrelated to Linux)
what has happened to the authoritative domain Linux.com
In Europe, Android is Bigger Than Windows (Android Now Measured at 45.1% Worldwide)
Right now in statCounter...
Links 06/05/2024: Al Jazeera Raided, Wildfire Season Coming
Links for the day
On Character Assassination Tactics
The people who leverage these dirty politics typically champion projection tactics
Links 06/05/2024: Scams and Politics
Links for the day
Gemini Links 06/05/2024: Reading and Computers
Links for the day
United States Entering the $100 Trillion Debt Trap, We Compare GAFAM Debt
Google's debt is about 6 times less than Amazon's
GitLab's Losses Grew From $172,311,000 to $424,174,000 Per Annum
Letting this company have control over your (or your company's) development/code forge may cost you a lot in the future
statCounter's Latest: Android Bouncing to New All-Time Highs, Windows Down to Unprecedented Lows
Android rising
Can't Bear the Thought We're Happy and Productive
If someone is now harassing online friends, attacking the wife, attacking my family (not just attacking and defaming people I know online) there are legal ramifications
IRC Proceedings: Sunday, May 05, 2024
IRC logs for Sunday, May 05, 2024
Over at Tux Machines...
GNU/Linux news for the past day
Erinn Clark & Debian: Justice or another Open Source vendetta?
Reprinted with permission from disguised.work
Death of Michael Anthony Bordlee, New Orleans, Louisiana
Reprinted with permission from disguised.work
The Revolution Continues
Today we've published over 20 pages and tomorrow we expect more or less the same
Death of Dr Alex Blewitt, UK
Reprinted with permission from disguised.work
Software Freedom Conservancy (SFC), Inc. vs. Vizio, Inc. Is Costing the Free Software Foundation Money
FSF subpoena and deposition
Following the Herd (or HURD)
Society advances owing to people who think differently and promote positive change, not corporate shills
They Try to Replace the Creators of GNU/Linux and Hijack Their Word, Work, and Reputation
gnu.org is down at the moment; now I'm told it's back but very slow. DDoS?
Thiemo Seufer & Debian deaths: examining accidents and suicides
Reprinted with permission from disguised.work
Links 05/05/2024: Political Cyberattacks From Russia and Google Getting a Lot Worse
Links for the day
Gemini Links 05/05/2024: Infobesity and Profectus Beta 1.0
Links for the day
Running This Site Mostly a Joyful Activity
The real problem or the thing that we need to cancel is this "Cancel Culture"
Australia Has Finally Joined the "4% Club" (ChromeOS+GNU/Linux)
statCounter stats
Debian as a Hazardous Workplace Where No Accountability Exists (Nor Salaries)
systematic exploitation of skilled developers by free 'riders' (or freeloaders) like Google, IBM, and Microsoft
Clownflare Isn't Free and Its CEO Openly Boasted They'd Start Charging Everyone to Offset the Considerable Losses (It's a Trap, It's Just Bait)
Clownflare has collapsed
Apple Delivered Very Disappointing Results, Said It Would Buy Its Own Shares (Nobody Will Check This), Company's Debt Now Exceeds Its Monetary Assets
US debt is now 99.98 trillion dollars
FSFE Still Boasts About Working Underage People for No Pay
without even paying them
IRC Proceedings: Saturday, May 04, 2024
IRC logs for Saturday, May 04, 2024
Over at Tux Machines...
GNU/Linux news for the past day
The Persecution of Richard Stallman
WebM version of a new video
Molly de Blanc has been terminated, Magdalen Berns' knockout punch and the Wizard of Oz
Reprinted with permission from disguised.work
[Meme] IBM's Idea of Sharing (to IBM)
the so-called founder of IBM worshiped and saluted Adolf Hitler himself
Neil McGovern & Debian: GNOME and Mollygate
Reprinted with permission from disguised.work