Microsoft cloud computing leader to depart

Ray Ozzie, the software visionary who was hired to galvanise Microsoft’s attempt to overhaul its business for the internet era, is to leave the company after a brief transition, it was announced unexpectedly on Monday. “He was trying to push against the wind to accelerate the change,” said Wesley Miller, an analyst at Directions on Microsoft. “They’re a slow-moving company that needs to move faster.” Microsoft’s slow progress in cloud computing was one reason that Goldman Sachs downgraded its recommendation on the company’s stock earlier this month after many years of rating it a “buy”.

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