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Ballmer fell, cut head, during Nokia buyout negotiations

The Wet Lord bleeds.

Mr. Ballmer and Brad Smith, Microsoft’s general counsel, were walking across the law firm’s lobby, when Mr. Ballmer — absorbed in reading a document from Nokia related to the deal — tripped on a glass coffee table. Letting out a loud shriek, Mr. Ballmer fell to floor, hit his head and began bleeding above his eyebrow. Executives from Nokia sequestered in a conference room elsewhere in the offices were baffled by the sound, wondering whether Mr. Ballmer was reacting badly to a counter-proposal they had made. His security detail patched him up, and Mr. Ballmer resumed negotiations.

There's something strangely convincing about the idea Ballmer would literally shriek at the sight of an undesirable proposal.

Microsoft's Ballmer to retire

After 13 years at Microsoft's helm, CEO Steve Ballmer is to retire within 12 months. The search for a successor is on.

"There is never a perfect time for this type of transition, but now is the right time," Ballmer said in a press release. "... We need a CEO who will be here longer term for this new direction."

A committee at Microsoft will begin the hunt for a new leader. Ballmer's tenure was marked by consistent profits but weak growth, the software giant failing to keep pace with industry developments—particularly in mobile computing.

Ballmer's statement follows.

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