Samsung Electronics, South Korea's tech behemoth, Friday appointed new chief executive officers. Samsung named President Yoon Boo-keun and President Shin Jong-kyun as new CEOs following the company's annual general shareholders' meeting, according to an e-mailed statement. ...
03:22 PM, Mar 16, 2013
San Francisco: Wanted - Visionary CEO to help world-class chipmaker expand beyond struggling personal computer market into tablets and smartphones. Experience with cutting-edge manufacturing plants and $10 billion annual capital expenditures a plus. Intel Corp raised eyebrows on Wall Street and in Silicon Valley this week when it said it will consider an outsider to take over from outgoing Chief Executive Paul Otellini, potentially ending a four-decade tradition of internal...
04:56 PM, Nov 22, 2012
New Delhi: Microsoft Corp Chief Executive Steve Ballmer said on Tuesday the company has sold 4 million upgrades to Windows 8, signalling a strong start for its new operating system which launched on Friday. Ballmer, speaking at a meeting for software developers at Microsoft's headquarters near Seattle, said hundreds of millions of Windows systems would be sold over the next year, and the company was seeing strong interest from business...
10:25 AM, Oct 31, 2012
San Francisco: Microsoft CEO Steve Ballmer can't afford to be wrong about Windows 8. On Thursday in New York, Microsoft will unveil a dramatic overhaul of its ubiquitous Windows operating system. If it flops, the failure will reinforce perceptions that Microsoft is falling behind competitors such as Apple, Google and Amazon as its stranglehold on personal computers becomes less relevant in an era of smartphones, tablets and other mobile devices....
12:22 PM, Oct 25, 2012
California: The chief executives of Apple Inc and Samsung Electronics Co Ltd have talked but did not settle the high stakes patent dispute between the two electronics companies, a Samsung attorney said in court on Monday. US District Judge Lucy Koh had requested that the two talk on the phone at least once more before the jury begins deliberating this week. ween the twoApple and Samsung are going toe-to-toe in...
10:57 AM, Aug 21, 2012
San Francisco: Ross Levinsohn is leaving Yahoo, two weeks after the company announced he lost out on the top job to Google executive Marissa Mayer, the company said in a filing. Levinsohn will leave the company effective Tuesday, July 31. He will go with the severance payments outlined in his 2010 offer letter and 2011 severance agreement, plus an equity award of 67,000 restricted stock units and 250,000 stock options....
11:13 AM, Jul 31, 2012
San Francisco: Amazon.com Inc Chief Executive Jeff Bezos launched a recruiting drive on the front page of the company's website on Monday as the largest Internet retailer seeks staff for its vast and expanding network of warehouses. Bezos unveiled the Amazon Career Choice Program, which will pay up to $8,000 over four years for employees to take technical and vocational courses in high-demand areas including engineering, information technology, transportation and...
12:18 PM, Jul 24, 2012
London: Google CEO Larry Page was again absent from a company meeting that raised concerns about his health and how it will affect the internet giant, a media report said. Page missed the company's quarterly earnings conference call Thursday. He has also not been at any of Google's public events in the last month and skipped the annual stockholders meeting, the Daily Mail reported. The company only said he has...
05:04 PM, Jul 22, 2012
New Delhi: Yahoo's decision to hire 37-year-old and soon-to-be mother Marissa Mayer as its new CEO is being hailed as one of the most inspiring top-job stories worldwide, but experts do not expect an encore in India anytime soon. While many women business leaders are breaking the glass ceiling to reach the corner-room CEO office in the country and the hiring policies here are not as such regressive, the companies...
11:57 AM, Jul 22, 2012
On Monday, Yahoo named longtime Google executive Marissa Mayer as its fifth CEO in as many years. She'll be the latest person to attempt a turnaround at the struggling Internet pioneer. Here are some key developments involving Yahoo Inc. and its performance: November 17, 2008: Yahoo Inc. says co-founder Jerry Yang will step down as CEO as soon as a replacement is found. It ends a rocky reign marked by...
10:52 AM, Jul 17, 2012
Marissa Mayer will be Yahoo's fifth CEO in five years, not including two interim CEOs. She's also the fourth interim or permanent CEO this year. Here's a look at the people who have had that top job over the years: Tim Koogle - 1995-May 2001. Began tenure shortly after Yahoo was incorporated in March 1995. Announced in March 2001 that he would step down after a replacement is found. Terry...
06:37 AM, Jul 17, 2012
Ontario: Research In Motion Ltd's new CEO vowed to turn around the embattled company with the new generation of BlackBerry devices coming next year, saying he would transform RIM into a "lean, mean, hunting machine." But Thorsten Heins, presiding over his first annual meeting since taking the helm, offered little to disgruntled shareholders beyond his faith in the power of the BlackBerry 10 line to reverse RIM's fortunes. Its battered...
02:13 PM, Jul 11, 2012
San Francisco: Zynga Inc CEO Mark Pincus said he remains wary of investing as heavily in mobile games as he has in proven Web-based titles like FarmVille despite an industrywide push toward catering to mobile devices. Game industry observers in recent months have stressed that developers must adapt as Internet users worldwide shift toward spending time on smartphones and tablets rather than desktop computers. Concerns that Zynga continues to rely...
02:05 PM, Jul 11, 2012
Toronto: Research In Motion Ltd's freshman CEO insisted that nothing is wrong with the maker of BlackBerry smartphones and that it certainly isn't in a "death spiral," even as the company's already battered stock edged toward new lows. In what appeared to be a concerted effort to win over Canadians mourning the fall of a national icon, Thorsten Heins said Waterloo, Ontario-based RIM is facing very big challenges, but would...
10:30 AM, Jul 04, 2012
Prague: The organisation that oversees Internet domain names has appointed a new chief executive, who will have to take on some of the major challenges facing the non-profit body, including controversy over expansion of its services. Fadi Chehade will start his new job at ICANN (the Internet Corporation for Assigned Names and Numbers) in October. He is currently CEO at Vocado, a company that provides cloud-based administrative software for educational...
12:03 PM, Jun 25, 2012
New Delhi: Google has announced the completion of its $12.5 billion acquisition of cellphone maker Motorola Mobility Holdings on Tuesday. Sanjay Jha, who revived Motorola's Mobile Devices business, has stepped down as CEO and Dennis Woodside has been appointed as the new CEO of Motorola Mobility. Dennis Woodside oversaw Google's acquisition of Motorola Mobility, and is former President of Google's Americas region. He has worked with partners, governments and advertisers...
07:17 PM, May 22, 2012
New York: Yahoo's former chief executive Scott Thompson, who quit the Internet firm recently amid allegations of manipulating his resume, will not be entitled to a severance package. Severance package are benefits an employees receives on leaving the company in addition to regular pay. Thompson, who took over the reins of once-dominant Yahoo in January, quit the company on Sunday. He was in negotiations with Yahoo over his separation agreement...
12:22 PM, May 16, 2012
San Francisco: Yahoo Inc Chief Executive Scott Thompson, at the centre of a row over his educational qualifications, told his top executives on Thursday he never provided a resume or incorrect information to Yahoo, a source familiar with the situation said. Thompson held a meeting with senior staff to address the controversy that erupted a week ago, and has caused turmoil at the struggling Internet company and raised questions about...
11:54 AM, May 11, 2012
San Francisco: Yahoo has confirmed a shareholder's allegation that its chief executive officer (CEO) Scott Thompson did not have a computer science degree as claimed, saying that it is "an inadvertent error". "Scott Thompson's degree at Stonehill College was in bachelor science in accounting. There was an inadvertent error that stated Thompson also holds a degree in computer science," said Yahoo in a statement to technology news site AllThingsD. "This,...
11:51 AM, May 05, 2012
Tokyo: Sony Corp CEO Kazuo Hirai signaled his determination to turn around the group's ailing TV business by keeping direct charge of the division, as the Japanese brand fights to regain ground against rivals such as Apple. Hirai, who formally takes over as chief executive from Howard Stringer next week, inherits a company that - like much of corporate Japan - has been outgunned in recent years by rivals like...
04:24 PM, Mar 27, 2012
