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Obama Speech Puts Kid to Sleep

8. June 2010 by admin.

The Slide Microsoft Didn’t Want You to See (ZDNet)

31. July 2009 by admin.

Don’t you hate when a rogue PowerPoint slide slips into your deck? Microsoft CEO Steve Ballmer shares your pain, after a slide including information not meant for public disclosure slipped into a deck he was slated to present to Wall Street analysts attending Microsoft’s Financial Analyst Meeting (FAM) on July 30.

Ballmer never ended up showing the slide, entitled “Yahoo Deal Overview,” during his FAM kick-off presentation. But Seattle Times reporter Brier Dudley grabbed it,

The slide notes that Microsoft is expecting to lose $300 million in the first two years of the deal, then start earning a “decent return,” explained as “$400 million steady-state.”

There is a bunch of detailed information on the slide about specific costs Microsoft is expecting to incur which is marked as “context — not for disclosure.” Next to that column is the abbreviated, cleaned-up (and far less-specific) information that Microsoft is acknowledging publicly.

The items spelled out as “transition costs” include

* Retention costs (pre- and post-close): $90 million
* R&D paid search: $170 million
* GFS (Global Foundation Services)/COGs (Cost of Goods Sold): $145 million
* Sign-on: $150 million
* Algo(rithm) R&D: $70 million
* Advertiser migration: $50 million

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