arora served as google's chief business officer. he'll be joining softbank in october as vice chairman. he'll also serve as the top executive of a new firm softbank will set up in the united states. softbank has been trying to take over wireless carrier t-mobile. it's the fourth biggest operator in the u.s. arora once worked at a firm within the t-mobile group. softbank ceo masayoshi son says arora is the best person for the job. >>> and executives at u.s. i.t. giant microsoft are preparing to make the biggest layoff in their country's history. they plan to eliminate up to 18,000 jobs. that's 14% of their workforce. the executives say they're thinking of slashing those positions over the next 12 months. they plan to make most of the cuts to the nokia mobile business. they just acquired that business in april. ceo satya nadella conducted a review of microsoft's reliance on its mainstay product, the windows operating system. he said he wants to focus more on tablet devices as well as cloud computing services. nadella told staff that t

nikesh arora is stepping down. roiven a 13% rise in and 6% be gain in net income. income.s net the news kept coming this afternoon. a lot of tech stocks break after the bell today. starting with i.b.m. you think that's quite significant. >> this is why people watch "bloomberg west," i hope, because they focus on the businesses, not the analysts' machinations. i.b.m. has not grown since fourth quarter 2011. first of 2012 was 0.3%. we'll round that and call it no growth. ever since then we've seen shrinkage on the bottom line. there are some financial engineering and machinations to get to the earnings per share number they wanted to report. the run you -- one that jumped out to me, it's legal to report a tax rate that's actually not a cash rate the company pays. they lowered it a year ago from 22.3% to 20%. big deal? it's the difference between making the number and missing the number. wall street may be all giddy about them making the number but they only did it because of this tax rate they penciled in. >> does it mean they need this partnership bhor apple than we thought

14% year-over-year sales growth, but when you dig into the numbers, you saw a lot of specific nikesh aroratiatives. was three times the rest of their business. that was one of his initiatives. it is those kinds of initiatives that will let google grow tremendously. revenues are devoted to this quarter. theseof it is because of platform that he has brought there. >> he just got married two weeks ago, and now getting a new job. all of these big changes. >> thank you very much, cory johnson. have a good weekend. my favorite, one of segments, hot money. an environmental treasure and economic powerhouse -- we are talking about the park service. ♪ >> we are approaching 26 past the hour, so it is time for bloomberg to go on the markets. i want to point out a couple of tech names. over at google, shares are up six percent after the top number -- numerous estimates. gets paid every time someone clicks on an advertiser link, so higher volume means more revenue. ibm shares also on the move this morning. the dow down 1/10 of a percent this morning after sales dropped. last quarter put pressure on ibm