• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
TechData Sheet

Data Sheet—Thursday, March 10, 2016

By
Robert Hackett
Robert Hackett
and
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
By
Robert Hackett
Robert Hackett
and
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
March 10, 2016, 9:48 AM ET

As I said more than once during my interview Wednesday night in San Francisco with the former CEO of Microsoft, it’s good to be Steve Ballmer.

Once the preeminent sales executive in the technology industry, Ballmer now owns the National Basketball Association’s Los Angeles Clippers. He isn’t exactly a changed man since stepping down. He’s still intense, animated, candid, and a ton of fun to talk to. Conflicted with a speaking commitment to Fortune and an important road game for his team against the Oklahoma City Thunder, Ballmer found a nearby TV and luckily most of our talk happened during halftime. (The Clippers lost 120-108.)

Yet Ballmer clearly is far more relaxed, if by his own admission a little out of touch with Microsoft and the technology industry. He is Microsoft’s largest shareholder, with about a 4% stake, but he left the board when he bought the Clippers, making him legally an outsider.

He wishes Microsoft broke out more data on its cloud business—and has told management so. On the other hand, he graciously applauds his successor, Satya Nadella, for pivoting the company to a more open technology posture. Unsolicited, he applauded Nadella’s decision to embrace Linux. When I asked if that was tough given his past opposition, he deftly noted that companies have a time and a place for a given strategy. Microsoft did extremely well financially for his refusal to embrace open-source software, and he’s not apologizing for that.

Some surprises:

* Part of the fun of Ballmer is that he acknowledges that having fun is a perfectly good reason to do something, including owning a basketball team.

* He’s exercising, doing yoga, taking his time, and even meditating these days.

* His biggest learning from accumulating a 4% stake in Twitter—currently under water—is that he doesn’t particularly like being an investor.

* Together with a handful of people he is putting time and money into a kind of publicly available “10-K for government.” The website hasn’t launched but he hopes it will be a way for citizens to get a cogent snapshot of how their government spends their money.

* Ballmer and Bill Gates, once his best friend, have gone their separate ways. Yet their wives were together Wednesday, which seemed to please him immensely.

Adam Lashinsky
@adamlashinsky
adam_lashinsky@fortune.com

Share this essay: http://for.tn/225eHB3

BITS AND BYTES

Square shares jump after earnings. On its first post-IPO earnings call, the payments company said it beat expectations in the fourth quarter. Square reported $374.4 million in revenue versus analysts' projected $343.2 million, leading its stock price to rise by 3.7%. CEO Jack Dorsey spoke to Fortune about the company's fast-growing merchant lending service. (Fortune, Fortune)

WeWork raises new funds. The communal office startup raised $430 million in a new round of financing led by Chinese investors. The company, which plans on an Asian expansion, is now reportedly valued at $16 billion, up from $10 billion last summer. (Wall Street Journal, Fortune)

Box gets a bump. On its fourth-quarter earnings call, the cloud storage company reported $85 million in sales, up from $62.6 million during the same period last year. The revenue beat analyst expectations of $81.8 million, sending shares up 13.8% to $14.25 in extended trading Wednesday. Box CEO Aaron Levie spoke to Fortune about the company's business partnerships and performance. (Fortune, Fortune)

Facebook buys selfie startup. The social media network purchased the company behind a lenses and filters app called MSQRD. Facebook CEO Mark Zuckerberg announced the acquisition on—where else—his Facebook profile page, while wearing a virtual Iron Man mask powered by the company's tech. (Fortune)

Google releases new Android version. The search giant debuted an early preview of Android N, the next iteration of its mobile operating system. The software has multi-window support, meaning it's possible to use two apps at once. Google also officially joined Facebook's Open Compute project, which aims to build "open source" data center hardware. (Fortune, Fortune)

Twitter stanches departures. The social media service has been offering stock and paying out cash bonuses to employees to keep them from leaving the company. Twitter's newly implemented talent retention measures follow a 60% collapse in the company's share price over the past year. (Fortune, Wall Street Journal)

Machine: 2, Man: 0. Google's artificial intelligence program AlphaGo once again beat South Korean Go champion Lee Se-dol in a match of wits over the ancient Chinese board game. The machine needs one more win to declare victory over its human opponent.  (Wired, Economist)

THE DOWNLOAD

Stacey Higginbotham reports on the so-called Google of China's plans for learning machines.

Andrew Ng, chief scientist at Chinese web giant Baidu, isn’t concerned about the idea of killer robots. But he does foresee advanced robotics using artificial intelligence taking people’s jobs.

Speaking at the Structure Data conference in San Francisco on Wednesday, Ng said, “Worrying about killer robots today is like worrying about overpopulation on Mars.”

While he admits some day it’s possible that robots might be intelligent enough for us to worry about them killing people, they aren’t even close to capable today. “I don’t object to people starting committees to study this, but I don’t want to be on it,” he said.

Instead, Ng is thinking about the short-term effect of greater access to deep learning, which is currently being applied to things such as identifying images, understanding speech, and improving things like web search or advertisement engagement. Ng also anticipates the advantages of deep learning to make their way into areas like farming, reading medical images, and other industries where the use of AI and robots will replace jobs. Read the rest on Fortune.com.

IN CASE YOU MISSED IT

Another Browser Gets Built-In Ad Blocking by David Meyer

Snowden: FBI Saying It Can't Unlock iPhone Is 'Bullsh**' by Don Reisinger

Nest's New Features Signal a Shift for the Smart Home by Stacey Higginbotham

Why California Democrat Diane Feinstein Backs the FBI Over Apple by Philip Elmer-DeWitt

Now Anyone Can Own a Piece of Virtual Reality Company Virtuix by John Gaudiosi

Could FBI Turn On Cameras and Microphones Next? by Hilary Brueck

Traffic Data Firm Buys Apple, Google Rival OpenCar by Kirsten Korosec

Senate to Propose Civil Penalties for Uncooperative Tech Companies by Reuters

Samsung Follows Apple in Debuting a Galaxy Upgrade Program by Jason Cipriani

ONE MORE THING

Watch Google's self-driving car get into a collision. In this video the autonomous vehicle smacks into the side of a bus on Valentine's Day. (Fortune)

Your regular host Heather Clancy is away on vacation. This edition of Data Sheet was curated by Robert Hackett.
@rhhackett
robert.hackett@fortune.com
About the Authors
Robert Hackett
By Robert Hackett
Instagram iconLinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
By Adam Lashinsky
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Geoffrey von Maltzahn and Kimberly Powell on stage at Fortune Brainstorm Tech
AITerm Sheet
AI drug discovery leaders warn U.S. health funding cuts risk falling behind global rivals
By Lily Mae LazarusJune 10, 2026
18 minutes ago
Kevin O'Leary wears a silver and black suit with a chain of basketball cards around his neck.
AIData centers
From the Trump administration to Kevin O’Leary, there’s a new narrative that China is to blame for plummeting data center popularity
By Sasha RogelbergJune 10, 2026
2 hours ago
JB Straubel, co-founder of Tesla and founder and CEO of Redwood Materials, speaking at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Michael Faas/Fortune)
NewslettersFortune Tech
Why China is outpacing the U.S. power grid
By Andrew NuscaJune 10, 2026
2 hours ago
A $7 billion horse race: Goldman Sachs and Morgan Stanley battle for ‘lead left’ position ahead of OpenAI and Anthropic IPOs
Startups & VentureFinance
A $7 billion horse race: Goldman Sachs and Morgan Stanley battle for ‘lead left’ position ahead of OpenAI and Anthropic IPOs
By Shawn TullyJune 10, 2026
4 hours ago
Visa’s CFO downplays the importance of stablecoin and agentic commerce to the U.S. payments giant—at least in the short term
Bankingdigital and mobile payments
Visa’s CFO downplays the importance of stablecoin and agentic commerce to the U.S. payments giant—at least in the short term
By Angelica AngJune 10, 2026
4 hours ago
Man in a white shirt and jacket.
InnovationBrainstorm Tech
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
By Amanda GerutJune 9, 2026
11 hours ago

Most Popular

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
1 day ago
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
Economy
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
By Nick LichtenbergJune 9, 2026
18 hours ago
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
By Preston ForeJune 8, 2026
2 days ago
Current price of oil as of June 9, 2026
Personal Finance
Current price of oil as of June 9, 2026
By Joseph HostetlerJune 9, 2026
22 hours ago
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
Environment
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
By Sasha RogelbergJune 8, 2026
2 days ago
Current price of silver as of Tuesday, June 9, 2026
Personal Finance
Current price of silver as of Tuesday, June 9, 2026
By Joseph HostetlerJune 9, 2026
22 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.