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How A $4 Trillion Tech Market Was Radically Changed In 2014

Microsoft named its third-ever CEO, long-time exec Satya Nadella, from Microsoft's cloud business.

How A $4 Trillion Tech Market Was Radically Changed In 2014

Even as Steve Ballmer became Microsoft's largest stockholder, he resigned from Microsoft's board and left tech altogether. He bought the L.A. Clippers basketball team.

Even as Steve Ballmer became Microsoft

Oracle CEO Larry Ellison also gave up the CEO role to become CTO and Executive Chairman.

Oracle CEO Larry Ellison also gave up the CEO role to become CTO and Executive Chairman.

Ellison was a co-founder and the company's only CEO, holding the job for 37 years. Everyone thought he would be CEO until he died.

Ellison was a co-founder and the company

HP announced some radical new technology that will challenge all of its rivals: 'The Machine'" a mouse-less computer called 'Sprout'; and a 3D printer.

HP announced some radical new technology that will challenge all of its rivals:

After HP increased layoffs to 55,000 and a merger with EMC reportedly fell through, HP CEO Meg Whitman announces HP would split itself in two.

After HP increased layoffs to 55,000 and a merger with EMC reportedly fell through, HP CEO Meg Whitman announces HP would split itself in two.

In fact, break-up mania hit the tech industry with eBay spinning off PayPal ...

In fact, break-up mania hit the tech industry with eBay spinning off PayPal ...

... and Symantec's new CEO Michael Brown cleaving Symantec into two.

... and Symantec

Apple signed a huge partnership deal with IBM to help sell more iPads and custom apps to the enterprise

Apple signed a huge partnership deal with IBM to help sell more iPads and custom apps to the enterprise

IBM also signed deals with Twitter and SAP, sold a server unit, and its chip business, spent billions on the cloud ...

IBM also signed deals with Twitter and SAP, sold a server unit, and its chip business, spent billions on the cloud ...

but 2014 wasn't a great year for IBM. With revenue slipping, it abandoned its big "Roadmap 2015" promise to return $20 EPS by 2015.

but 2014 wasn

Cisco announced a controversial but gutsy plan to build $1 billion cloud, too.

Cisco announced a controversial but gutsy plan to build $1 billion cloud, too.

But Cisco also had a fourth year of layoffs and a huge reorg of its engineering teams ...

But Cisco also had a fourth year of layoffs and a huge reorg of its engineering teams ...

... was hit by an unlikely but dangerous new competitor: Facebook ...

... was hit by an unlikely but dangerous new competitor: Facebook ...

... and sued Arista Networks, a hated rival formed by many ex-Cisco execs ...

... and sued Arista Networks, a hated rival formed by many ex-Cisco execs ...

Hackers used the cloud to have a huge year, too. They nabbed nude celebrity photos from their iPhones via iCloud ...

Hackers used the cloud to have a huge year, too. They nabbed nude celebrity photos from their iPhones via iCloud ...

And hackers grabbed credit cards from Home Depot and other retailers much like the Target hack in late 2013 ...

And hackers grabbed credit cards from Home Depot and other retailers much like the Target hack in late 2013 ...

Not to mention the hack on Sony, which caused 'The Interview' to be released online not just in theaters.

Not to mention the hack on Sony, which caused

Meanwhile, a little startup called Docker suddenly became the most important company.

Meanwhile, a little startup called Docker suddenly became the most important company.

And investors devoured the first 'Hadoop' IPO, Hortonworks. Hadoop is a new kind of big data database, the Oracle of tomorrow.

And investors devoured the first

But cloud storage darling Box didn't go public. It's running away from the cloud industry's "race to zero" price war.

But cloud storage darling Box didn

And Zenefits, a cloud HR software startup with a radical new business model, became the new Valley darling..

And Zenefits, a cloud HR software startup with a radical new business model, became the new Valley darling..

Now, let's look at tech industry paychecks ...

Now, let

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