As Microsoft's board hunts for a new chief executive officer, one of the tech giant's co-founders is throwing in his two cents on what that successor should do with the company: break it up.
The chief investment officer for co-founder Paul Allen said Microsoft should consider spinning off some of its businesses, according to the Financial Times. Paul Ghaffari manages Allen's $15 billion fortune and was speaking on behalf of Allen during the Financial Times Investment Management Summit on Tuesday.
Ghaffari said that consumer businesses, like search advertising and Xbox, are a distraction to Microsoft's success. … Read more