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Microsoft CEO bonus cut for Kin flop, lack of iPad rival

A new Microsoft SEC filing published late Thursday revealed that the company punished its CEO Steve Ballmer for his inability to turn around the company's struggling mobile efforts so far. The proxy statement notes that his total compensation of $1.35 million, including a $670,000 base salary and a matching bonus, was lower than in 2008 due to the "unsuccessful launch of the Kin" and "a loss of market share" for Windows Mobile. The Compensation Committee singled out the absence of a real Windows tablet rival through a need to "take advantage of new form factors."

 

Microsoft abandons Kin phones

Just as quickly as it came, Microsoft is saying goodbye to its Kin line of phones.

Senh: Wow, that was quick. Almost as quick as the Nexus One.

 

Microsoft debuts 'social' phone

Microsoft unveils a phone called "Kin" which the firm says has been made for those who live their lives online.

 

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