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[News] [Rival] Microsoft "Zune Gang" Regroups After Leader Jumped Ship and President Robbie Bach Committed Crime

  • Subject: [News] [Rival] Microsoft "Zune Gang" Regroups After Leader Jumped Ship and President Robbie Bach Committed Crime
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Sun, 07 Oct 2007 20:34:44 +0100
  • Newsgroups: comp.os.linux.advocacy
  • Organization: Netscape / schestowitz.com
  • User-agent: KNode/0.10.4
Industry Moves: Microsoft Appoints New Head of Zune Unit

,----[ Quote ]
| Microsoft's Entertainment & Devices Div. President Robbie Bach sent an e-mail 
| on Oct. 4 notifying staff of this. Thompson will report to J Allard...he 
| worked with Allard on the original Xbox business. Several of the early Xbox 
| cohorts are already on the Zune team, the story says and quotes 
| Allard: "We're getting the gang back together."    
`----

http://biz.yahoo.com/paidcontent/071005/1_315471_id.html?.v=1

Yes, he said "Gang". That's the mentality at Microsoft. President Robbie Bach 
was caught committing crimes just a couple of months ago (stealing
shareholders' money), but this "gang" is clearly above the law, so there was
no punishment.

New Microsoft Zune - Great, But...

,----[ Quote ]
| ...all of the new Zunes in the world won't help Microsoft (or anybody) be any 
| more than a niche player in the space. 
| 
| Period, end of story. 
`----

http://seekingalpha.com/article/48999-new-microsoft-zune-great-but?source=yahoo

Microsoft Taps Thompson to Run Zune

,----[ Quote ]
| Thompson will report to J Allard, the product design visionary who has held 
| the position since Bryan Lee retired in April. 
`----

http://www.businessweek.com/technology/content/oct2007/tc2007105_130007.htm?campaign_id=yhoo

6 months without leadership in the Zune project. Just amnesty bins, iPod FUD,
and RIAA schemes to force 'tax' (as in "pirate" tax) on all iPods.


Related:

Microsoft says Zune executive will leave company

,----[ Quote ]
| Bryan Lee, corporate vice president at Microsoft's entertainment
| and devices division, also played a key role in shaping the Xbox
| game console business and the introduction of its Internet
| Protocol television software.
`----

http://news.zdnet.com/2100-9595_22-6155200.html


Microsoft exec dumped stock prior to Red Ring announcement

,----[ Quote ]
| To make matters more murky, the sales were not registered with the Securities 
| and Exchange Commission within the mandatory two days of the transaction, a 
| result of an alleged "administrative error." Microsoft has since remedied the 
| issue by following the "procedures required of late-filers."   
`----

http://arstechnica.com/journals/thumbs.ars/2007/08/14/microsoft-exec-dumped-stocks-prior-to-red-ring-addresment


Microsoft's Bach sold more stock before Xbox news

,----[ Quote ]
| Microsoft Corp. executive Robbie Bach sold $3 million more in company stock 
| during the period leading up to an announcement about a costly flaw in its 
| Xbox video game console than previously reported, according to a filing 
| Monday with the Securities and Exchange Commission.   
`----

http://www.marketwatch.com/news/story/microsofts-bach-sold-additional-stock/story.aspx?guid=%7BBECA3A50-EF33-4161-A111-A43BDC8B0462%7D&siteid=yhoof


Insider Trading Hasn't Affect Microsoft Stock - Yet

,----[ Quote ]
| MarketWatch.com reports that Robbie Bach, president of Microsoft's
| Entertainment and Devices division, sold $6.2 million of Microsoft
| stock just prior to announcing that Microsoft was going to have to 
| extend XBox 360 warranties to three years because of extensive 
| failures. The filings note that this was not part of any 
| scheduled diversification or selling program; this was a 
| conscious, unscheduled sale by the guy in charge of releasing 
| news that could affect the value of Microsoft stock.
| 
| [...]
| 
| Insider trading is a very serious violation of the law; just 
| ask Martha Stewart, who served five months in prison for 
| avoiding losses of $43,000 through trades that just had suspicious 
| timing (no insider trading was actually proven). This is $6.3 
| million that went straight into Robbie Bach's pocket.
`----

http://biz.yahoo.com/seekingalpha/070713/40947_id.html?.v=1

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