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Microsoft CEO Dumps $1.34B of Microsoft Stock

Microsoft CEO Steve Ballmer is raising a few eyebrows within the tech industry after opting to release US $1.3 billion worth of shares in the company. The move reduces his overall shares by about 12 per cent and marks his first stock sale in the ... past seven years. Not surprisingly, many believe that the sale points to a lack of confidence in the company and creates a strong indicator that the 54-year-old executive is preparing to leave in the very near future. However, Ballmer says nothing could be further from the truth. Microsoft CEO "Fully Committed" In a statement posted on ... (view more)

Dennis Faas's picture

Application Programming Interface

An application programming interface (API) is the interface that an application provides in order to allow requests for service to be made of it by other computer programs, and/or to allow data to be exchanged between them. For instance, a computer ... program can (and often must) use its operating system's API to allocate memory and access files. Many types of systems and applications implement API's, such as graphics systems, databases, networks, web services, and even some computer games. API: Description One of the primary purposes of an API is to provide access to a set of commonly-used ... (view more)

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