Another rumor that proved true. Microsoft have just announced that a former Qualcomm executive, Peggy Johnson, is officially joining the company to head up global business development. As part of her new role, she will report to CEO Satya Nadella directly, and will be given charge of industrywide strategic business...

Downsizing your company by 18,000 in one stretch does not mean you cannot hire new faces, and Microsoft has just added a high-profile executive from Qualcomm. Peggy Johnson is a top executive at the chip maker, in fact, the highest ranking female executive within the company — having spent 24 years at Qualcomm. She...