the board is preparing to name satya nadella as ceo. he has been running microsoft's enterprise and cloud business and has been an employee at microsoft since 1992. the board is also considering replacing bill gates as chairman, possibly with john thompson. he was the former ceo of symantec will stop this is according to people have been briefed on the process and how it has been going. bloomberg told vision did it catch up with him after the web conference in paris and ask him about the ceo search. >> the microsoft board is working on the process. steve ballmer is the ceo and i'm actively engaged in running the enterprise group. >> [inaudible] >> i said everything i'm going to say about that topic. >> we have jon erlichman from l.a. -- he helped to break this story. i will start with you. how close is the board to naming him and how did they come to this decision? >> we are pretty far along in this process and what a process it has been. this is something that began and we were notified last year in august that steve ulmer would be ste

spoke with satya nadella just last month in paris.isten to what he had to say about what he thinks is most exciting. microsoft is an exciting place to be right now. if you look at her oddly what we are doing with our devices and services, the launch of the surface two and xbox, what we're doing with cloud computing, it's an amazing spot to be in. having an impact across society at large, that is why it is exciting to be at microsoft. >> any clues as to what his strategy might be? what should his strategy be when he takes his post? there is he's talking a lot about other parts of the business. he's talking about client welding and the idea of hardware and software closer together and creating a differentiated customer experience. talking about cloud services and bringing a vision to the company that i think they need to be bold and they need to work very hard to try and create a new kind of solution that may be for lack of a better term, their religion in the past had not allowed them to do. he needs to think about his sort of general

satya nadella is said to edge out the competition.etails next. ♪ >> welcome back to "on the move ." i am francine lacqua here in london. here are some companies on the move could the family that controls peugeot is said to them greeted sell shares to dongfang. support of the plan is crucial because they control more than 25% of the company's capital. goldman sachs boosted chief findsive lance blank bonus for his work last year. his bonus and salary adds up to dream million dollars more than jpmorgan paid its ceo, jamie dimon. he was the highest-paid bank chief for 2012. and yahoo! reports a security incident. effortntly identified an to break into some users yahoo! mail accounts. and passwordsmes was likely taken from third-party database and there is no evidence that data was actually stolen. amazon poststech, a 20% gain in sales, but it is the slowest quarter and growth since 2009. at the moment, the world's largest internet retailer is valued at 90 -- 90 times more than the s&p 500 average. hans nichols has more. it is a pretty fro

according to people briefed on the process, the board is naming satya nadella as the newest ceo. an employee since 1992, nadella he is the cloud chief. and even bigger shift to be taking inside microsoft. lots of changes are going on. -- bring inn cory cory. >> i think it is a big deal. have aft is a cited to microsoft person lead microsoft. is not aomebody who great corporate manager. >> heated boost revenue. >> his unit is a big deal for microsoft. it says a lot about the future of the company. he is in charge of enterprise and the cloud. player ort the music the surface or xbox. it is the corporate customer and the cloud business. the cloud is the anti-desktop. it is the anti-windows. outside of the xbox, the only big business in iker soft in the last decade. >> investors would like to have seen someone with success running a big company. that is things you read in the notes, they would like to of seen summit seen somebody with more experience of the manager side. i attended a front, they are bringing in a technician, that is the legacy of bill gates. he wanted somebody with te

in satya nadella -- alan mulally's name was bantered about, for instance, this was the guy to come in and solve the corporate albums of the divisions battling themselves. in nadella, you have a guy who has really been focused on an surprise. what microsoft is really struggling with is a post-pc world. their entire business has been developed on the back of windows. microsoft office, a dominant product, develop a cause of windows operating system monopoly is so powerful. now you have a world where the entire computing industry has gone away from the pc -- >> he is a cloud guy. >> a cloud guy. as a result -- and in a price guy. microsoft recognizing this is more likely in the future. >> is it more betting on enterprise and stuff like that versus no one else wanted the job? it took them an long time to come to conclusion. an list of ceo's he saying not interested. >> a lot of people at microsoft want the job. let me posit an argument that one of the most important companies in all the world enterprise computing is not in the seattle area, but amazon. because amazon's web services is comp

they are looking to put such a in -- put satya nadella.heo not know whether person who is leading the search will step into the chair role. >> the potential board shakeup -- what would gates leaving the chairman position mean, assuming he continues as a director, just not as the chairman? >> right. i think when our story came out, a lot of people wondered whether he would be that much more removed from the day-to-day activities of the company. one would think he could end up consulting on a variety of different product initiatives at microsoft. one area where he has continued to lend his time over the years is, to example, search. there is a possibility that a role without being the chair, maybe you get him sitting down with people like satya nadella, talking about the product less caught and be up in what you have to do as a chairman. wexler we will be watching through the weekend, through the super bowl. bloombergbring in our editor, who predicted satya nadella would be back. this is your chance to do a victory lap. ,ecember 13 last year

the company is preparing to make satya nadella the new ceo. linewith more is there a you spoke to him recently. lex i did indeed. he was unassuming. interested,ngaging, interesting, gentlemanly, notably loyal. this is what he told me. >> you are in it for the long haul no matter who is in charge, yourself or someone else? >> absolutely. could well be him. he would be the third ever ceo for microsoft. there has only ever been bill gates and steve ballmer. he is very different from steve ballmer. he will not be leaping up on stage, dancing, sweating, screaming at the top of his lungs. internally, he is very highly respected. he is a tech veteran as well as a tech geek. leadership roles across the board. notably in the new areas, the areas microsoft is pushing to gain ground, to innovate. he has led the cloud services. that is where he leads now, of course. increasing sales over the last quarter. he is the head of the server unit and sales up 22% since 2011. he has also headed bing. he is front and center of where microsoft is trying to shift, aw

. >> how do the board dynamics impact satya nadella's ability to do his job? he needs to do what he needs to do with ballmer and gates in the board room. >> when they had that reorganization earlier this year, satya nadella ended up running arguably the most important division in the company. i think we could say that before they picked him, he had board support. he was chosen to lead one of the most important visions. but to pick him as ceo, he also has board support. he probably also buys into the strategic decisions about the direction the company is going and should be arranged. when he chooses to offer of different suggestions, he can point to his track record and look at what he did in the server and tools business. when you look at their revenue and the way that the business consistently grew under satya ,adella and added to revenues when you look at those revenues, he can safely say, look at what i did the last time you let me run something. he set a track record unlike anyone else at microsoft. >> thank you so much. cory will be sticking with us. we h

the board is said to be making satya nadella the new chief. he is the head of the company's and her present cloud unit. the board is also said to be considering any chairman to take over for bill gates. here with more is caroline hyde. potentialt with the ceo, you met him recently. >> i did, in december. , very softlyng man spoken, interested, interesting. not forthright, not a huge presence. he was very nice, very welcoming. very easy to talk to. he could become the third ceo at microsoft has ever had. this is a company with more than a 40 year history. only ever been led by bill gates and steve ballmer. after five long months, we have whittled our way down from more than a hundred candidates. gone is tony bates, he is not going to be ceo. neither is chief operating officer kevin turner. it could be a man who has been at microsoft for more than 20 years. in 1992.ella joined he is at the forefront of the development for microsoft at the moment. >> benefits in that business ,elped drive the revenues didn't they? >> it doubled in the last quarte

such an ella -- satya nadella.--op and hans vesberg.op and hans the cloud business is on the rise. i wonder whether that pushes things -- he said he would say at microsoft the matter what. we have no clarity on who will be taking over. microsoft does seem to be more.ed more. -- reaping isevenue increase for 14% not bad for a company that is a giant in this industry. much.n, thank you very theloomberg got in on google party in davos. looks like no one at this party is opting for the early-morning panel. that's why no one turned up today. to watch people -- it is mean to watch people dancing without a drink in your hand, the morning-after. we will take a short break. coming up, the: brothers and brothersin -- the coen and press again with a new movie. ♪ >> welcome back to countdown. i might barton -- i am mark barton. --anna an edwards edwards. davos but start out in -- let's start out in davos. what do you have for us? ipad.put it on the german]g >> he believes there is a leadership role for the united states. he do

the company prepared to name insider satya nadella as a replacement for steve ballmer.or the cloud and enterprise businesses that's responsible for the cloud and enterprise businesses. what goes on in the c suite and boardrooms. let me start with you, let's take this approach. list, but was on the came out of nowhere as the top contender. is he the one to change the company? >> normally you would not think that an insider would be the one to change a company, but given the fact that the company has been so much about the office system and windows, that bringing up somebody that has little allegiance to those tem couldthe sys be an opportunity for change. >> he is also a safe bet. he is running about a quarter of the revenue, and the majority of net profits of the company with the enterprise system. it is a safe that. he came in in 1992, well before the 95 change -- the 1995 change. >> is this saying that the cloud, nothe windows, or xbox? >> the focus of the company, the server business, it has transformed. they have got off to a slow start relative to competitors, but

the board is preparing to name satya nadella as ceo.erprise and cloud business and has been an employee at microsoft since 1992.

also expected to file for an ipo later this year. >>> microsoft might be very close to tapping satya nadellaonly move we see at the company. some new reports indicate bill gates may be out as chairman. rick sherlin joins this morning at post nine. it's good to see you. good morning. >> good morning, carl. >> what should people know about nadella? >> he's got a good background and very technical. he'll take some time to grow into this position. he's complemented by a very good cfo and i think amy hood will do a lot to manage the cost structure and together with some influence on the board i think will focus on the shareholder value creation that we would wanted more immediate gratification for if alan mulally would have come in, i think you'll get both. you're going to fix the company probably working with someone like satya, develop him over the next couple years and then hand the company to him. but we're going to go right to satya. i think he's going to probably grow into that position. i don't think you get immediate gratification as far as the enhancement of shareholder value by cost cut

microsoft reportedly on the verge of naming satya nadella as its new ceo.lmer is retiring and the guessing game of who will take over has been frenetic. in dwrael nadella is a 22-year veteran of microsoft. the focus has been on outsiders potentially coming in. we'll look for confirmation that it will be an insider instead to be only the third ceo >>> we have that exclusive interview with president obama, but first, we want to get to major headlines.

and veteran microsoft executive satya nadella to replace. and i own microsoft. yahoo!t. yahoo! mail the target of a cyber attack, trying to log in with stolen passwords and they reset the passwords for those people. and the stock of the morning thus far. michael robertson is here from san francisco and so is liz. i'm calling this the apple effect. the analysts don't have their expectations met and the stock gets killed. what do you think of amazon at, say, 350 a share? >> can iitake out a second mortgage on my home to buy more? that's a great price for amazon. it's an excellent company. stuart, you hit the nail on the head. i'm not sure that wall street's expectations were in alignment with realiiy. a little bit of a tough quarter with a shipping problem, with ups at the end. what no one is talking about, they had a 53% increase in the division that includes cloud sales to more than 1.2 billion dollars, which is enormous and that's a very high margin business. overall, i think it's a pretty good report. stuart: okay, i want to ask you about apple because i know you've

lot -- stephen elop , tony bates, satya nadella.he company is going to have to answer to steve ballmer and bill gates, they are watching every step you make as ceo. >> interesting to see what direction microsoft heads in. as you have been pointing out, this is a cash generating business. >> for steve ballmer's time at microsoft, they had $20 billion in revenue, and spinning off cash. some of those cash streams do not seem to be diminishing. they still have a strong balance sheet and are in a decent position. this is internally, they need a strategy for mobile and for search, for the future. >> thank you, hans nichols. abouting a little chat what could happen next at microsoft. let's change our attention to what is happening at ces in vegas. wearable technology and curved screens. joining us for more insight on how this is going to change the market is former vice president of skype, recently founded an initiative called tech london advocates. one of the clear things that has come out of ces is that there has been a huge proliferatio

. >>> then there's microsoft, the company is now close to naming satya nadella as ceo. co-founder bill gates might even step aside as chairman. i still can't get over that. >> that was what everybody said, nobody wanted to be a ceo when you have a chairman with such big ideas and so much power. >> he's still going to be on the board, but i would assume that's an interesting dynamic for that to happen. nadal la. this news started to leak out yesterday. and you're seeing its stock up slightly. steve balmer said if i'm going the leave, the reason i'm going to leave is we need to bring in a new voice. >> new blood. anywhere you get there, new blood, potentially. potentially. >> right now, let's head down to new york and check in with joe. joe, good morning. are you watching the markets this morning, too? >> it's january 31st. we are down 4% at the beginning of yesterday's session and we got back 20 s&p points, which got us back, i think, 1794 or something. >> but we're going to give it all back this morning. >> and be back down 4% on the opening, it looks like. i was watchi