After three-and-a-half years as Microsoft’s Chief Financial Officer, Peter Klein is leaving the firm at the end of June, as the software giant copes with plummeting PC sales.
Klein’s exit from the company was announced along with the firm’s surprising 19 percent rise in earnings for its fiscal third quarter ending March 31.
Microsoft reported a quarterly revenue of $20.49 billion, an operating income of $7.61 billion, net income of $6.06 billion and diluted earnings of $0.72 per share.
“The bold bets we made on cloud services are paying off as people increasingly choose Microsoft services including Office 365, Windows Azure, Xbox LIVE, and Skype,” said Microsoft CEO Steve Ballmer in a press release. “While there is still work to do, we are optimistic that the bets we’ve made on Windows devices position us well for the long-term.”
Klein, who has been with Microsoft for 11 years, said he has “had a great experience as CFO and overall in my time at Microsoft. We have an incredibly strong finance organization, and I’m looking forward to working with my successor on the transition through the end of the fiscal year.”
Microsoft will name a new CFO from its finance leadership team in the next several weeks.
Facebook Rolls Out New Mobile Tools
Facebook has launched three new products — which includes Open Graph for mobile — to further its transition to a mobile-first platform.
“We’re pleased to announce new APIs and features that make it easier to integrate Open Graph into your mobile apps, allowing more people to tell their stories on mobile,” wrote Facebook’s Daniel Purdy in a blog post.
“In the past, we heard that object creation made it a challenge to integrate Open Graph into your mobile apps. With the Object API, you can directly create Open Graph objects and no longer need to host webpages with Open Graph tags. This API is available for both mobile and web apps.”
Facebook is also launching Object Browser, a simple visual interface that allows users to easily interact with the object data they publish.
Facebook login has been redesigned to lend users clarity and control of their app permissions. The new logins load up to 20 percent faster on mobile.
The update to the Facebook SDK for iOS adds support for the Object API, native Share Dialog and native Login Dialog, Purdy said.
“We’ve updated our iOS Dev Center so you can quickly access the tools and resources you need to build great social apps. The latest SDK supports iOS 5.0 and above.”
The social network has also announced a new partner program to aid developers in integrating Facebook on a variety of mobile platforms. The partners offer technical solutions on SDKs, plugins, tools and services.
Glass Explorers Receive Warning From Google
Glass ‘Explorers’ have received a warning from Google: Anyone who tries to sell or even lend out the computerized spectacles will find the device quickly de-activated.
The first edition of Glass is hot off the production line and Google has shipped the first batch for pick-up by some of its 8,000 ‘Explorers.’
The technology giant has made it clear, however, that it will not tolerate any attempts to make a quick profit on the futuristic, titanium-framed spectacles. Explorers are not even permitted to let a friend try them out.
“Unless otherwise authorized by Google, you may only purchase one device, and you may not resell, loan, transfer, or give your device to any other person,” the terms of sale read. “If you resell, loan, transfer, or give your device to any other person without Google’s authorization, Google reserves the right to deactivate the device, and neither you nor the unauthorized person using the device will be entitled to any refund, product support, or product warranty.”
Google also said it has the right to “determine and use” the location of Explorers. Photos and videos taken on the device will be added to the users’ Google+ Instant Upload albums.
Those who were chosen to be Explorers were required to pre-order a Glass Explorer Edition for $1,500 plus tax. They must also pick up Glass in person, in either New York, San Francisco or Los Angeles.