Ex-Microsoft employee charged with insider trading

The Microsoft logo is seen at their offices in BucharestThe U.S. Department of Justice and the Securities and Exchange Commission charged two Seattle men on Thursday with 35 counts of illegally trading on private Microsoft Corp information, which prosecutors said netted the pair more than $390,000 in illicit profits over an 18-month period.

Brian Jorgenson, a senior portfolio manager at Microsoft, passed information to a former colleague, online day trader Sean Stokke, who executed the trades, according to prosecutors.

The two men are due to appear in federal court in Seattle on Thursday.

According to the DoJ and the SEC, the scheme began in April 2012 when Jorgenson, who is 32, found out through his job in Microsoft’s treasury department that the software company was planning an investment in the digital business of bookseller Barnes & Noble Inc.

He passed that information to Stokke, now 28, who bought options betting that Barnes & Noble stock would rise. It jumped 49 percent when the investment was announced in late April, reaping Stokke profit of more than $184,000, prosecutors said.

The pair repeated the process twice more in the following 18 months, prosecutors said, by buying Microsoft and index options prior to earnings that Jorgenson knew would surprise Wall Street. Together, the two men took in another $208,000 or so in profit from the trades, according to the complaint filed by prosecutors.

“For every stock market winner, there is a loser, and trading on confidential inside information is a cheater’s way of gaining at the expense of others,” U.S. Attorney Jenny A. Durkan said in a statement.

Microsoft said it had already fired Jorgenson.

“Our company has zero tolerance for insider trading. We helped the government with its investigation and terminated the employee,” a Microsoft representative said in an emailed statement.

Microsoft Office 2013 – Recent changes and Much More

On January 29, 2013, the latest version of Microsoft Office officially launched, while the recent launch of Office 365 occurs at the end of February. The latest update is a big change, basically because of the transition to cloud computing. In addition to major changes associated with cloud computing, Microsoft has also increased the individual. For example, the latest version of Microsoft Office is a touch-enabled screen. Some other features include Exchange ActiveSync ‘, this feature helps push mail, with a famous letter delivery services, but it also helps you connect with social networking sites such as LinkedIn, Facebook and Twitter without even leaving the page. They raise the scale with all the features to make working with a Microsoft easy.

Take See recent changes in Microsoft Office Suite: 1. Cloud Computing

Save your documents in a tool called SkyDrive cloud-based storage and access them from anywhere like PC, Tablet, School, Office. Now no need to load an extra USB to transfer your document.2. Editing PDF files

In the new version, users can edit PDF files easily. Now users can even embed YouTube videos and images in document.3. “Read Mode” to make reading easy

Use the read mode to enhance the reading experience, read this document clearly support the read mode, which allows text to flow into the column. No need to scroll the page anymore.4. Pena Easy Peasy

Write an e-mail with the stylus and then convert them to text quickly and easily. Make stylus laser pointer for presentations easily.5. The Social Network

The latest version has a “scene”, social networking utility that integrates with Office. Now you can access Facebook, Twitter and other social networking sites without leaving the main page.6. Notes on OneNote

This feature basically acts as your personal assistant, to collect important records about users such as pictures, messages, text, etc., are stored in SkyDrive, which helps to access even. This application is also available on Android, iOS, Windows Phone.

Apart of these improvements, Microsoft Word 2013 is more clean and shiny with a variety of tools and templates to create new documents are not in time, and that too with ease. Also, now you can easily share documents and files to a new and better path in a short time. Due to the design of new and wonderful user friendly, you get a shiny end product as you try your document. Similarly, Microsoft Excel 2013 also has a lot of features and functions to make working with spreadsheets easier than ever. Enhanced features such as insert and track data, improved graphics before, and SkyDrive to share free busy adding more feather in the cap for Excel.