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Dan Graziano |Jan 30th, 2012 at 02:45PM
President Obama will be hosting his first Google+ hangout tonight at 5:30 p.m. Eastern. In the discussion, the president will be answering questions that were submitted over the past few weeks through YouTube. Google maintains that the White House has had no role in which questions will be selected. Google’s team will instead choose the top-rated questions among those submitted, ensuring there will be several different issues discussed. The event will take place in the Roosevelt Room of the White House ...
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Zach Epstein |Jan 23rd, 2012 at 08:35AM
After months of investors unrest, Research In Motion on Sunday announced that Jim Balsillie and Mike Lazaridis were stepping down from their roles as co-CEO and co-Chairmen. Barbara Stymiest was named RIM’s new chairperson of the board, in line with rumors, and former Ericsson executive Thorsten Heins was named president and CEO. Heins and Stymiest hosted a conference call Monday morning, with Heins leading the show, and the company took its first steps in a long climb toward regaining shareholder conf...
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Todd Haselton |Jan 6th, 2012 at 01:01PM
Kazuo Hirai will take over as the president of Sony in the next few months, Nikkei reported on Friday. Howard Stringer, who previously had served as the president, chairman and CEO of the company will remain on board as chief executive officer. Sony is expected to be a big presence at the Consumer Electronics Show this year and could unveil a “different kind of TV set” early next week. Sony also recently announced that it will purchase Ericsson’s stake in its Sony Ericsson joint venture for...
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Todd Haselton |Nov 11th, 2011 at 03:15AM
ARM president Tudor Brown announced on Thursday that he will not seek re-election during a May 3rd shareholder meeting. ARM does not currently have any plans in place to replace Brown. “[Brown] played an important role in the creation and successful development of ARM over the past 21 years and has made an immense contribution in a wide range of positions,” ARM chairman Doug Dunn said. According to The Wall Street Journal, ARM has shipped more than 15 billion chips “based on ARM-processor ...
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Todd Haselton |Aug 25th, 2011 at 11:30PM
AMD hired former Lenovo president and chief operating officer Rory Read as its president and chief executive officer on Thursday. Read will replace interim leader Tom Seifert, the company’s chief financial officer, and former CEO Dirk Meyer. Meyer resigned from the chip maker in January after the company’s board decided that AMD could be more profitable, and no doubt more competitive against Intel, with a new head. “I’m very pleased to be joining AMD at this important time in its history,&...
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Zach Epstein |Jun 14th, 2011 at 12:00PM
Apple’s head of retail is leaving the company to become President of JC Penney, Bloomberg said in a wire report. Prior to the move, Ron Johnson lead Apple’s retail strategy and was responsible for its overall performance according to his executive bio on the Apple website. Apple’s retail business reeled in $3.19 billion in revenue last quarter, and it the company is widely heralded for its leadership in the space. Shares of JC Penney stock jumped more than 14% on the news.
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Jonathan S. Geller |May 13th, 2011 at 02:05PM
The city of New York has teamed up with the FCC and wireless carriers to unveil a new emergency alert system called PLAN. PLAN can notify mobile users in a specific geographic location of a hazardous or potentially life threatening situations. The new system was announced a few days ago at an event at the still-under-construction World Trade Center site, and New York City Mayor Michael Bloomberg commented:One of the many lessons that were reinforced on 9/11 is the importance of getting clear and accurate in...
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Andrew Munchbach |Mar 21st, 2011 at 05:11PM
In conjunction with yesterday’s AT&T and T-Mobile merger announcement, T-Mobile USA’s President and CEO — Philipp Humm — sent an email to company employees explaining the move. Referring to it as “the best possible solution for our business and for our customers,” Humm assured his workforce that AT&T was committed to “keeping talented people through the transition.” The letter reiterates statements made in the company’s official press release, and ackno...
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Andrew Munchbach |Oct 19th, 2010 at 02:59PM
Today, via a press release, T-Mobile USA announced the completion of its “senior leadership transition” and has introduce Philipp Humm as president and chief executive officer. Mr. Humm will replace current CEO Robert Dotson; who will become T-Mobile’s vice chairman of the board of directors. “This move allows the new team to prepare a strong foundation for 2011 and forward,” said René Obermann, CEO of Deutsche Telekolm; T-Mobile’s parent company. T-Mo USA also announced...
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Andrew Munchbach |Sep 21st, 2010 at 02:18PM
Well, we might as well close the loop on this one. Last month, we told you how former HP CEO Mark Hurd was ousted by HP, complimented by Larry Ellison, and then hired by Oracle. We also told you how the Oracle hiring prompted a lawsuit from Mr. Hurd’s former employer. Now, the New York Times is reporting that the two sides have reached an agreement on the embattled executive’s future. In exchange for dropping the lawsuit, Hurd will forfeit nearly half of the $28 million compensation package ...
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Andrew Munchbach |Sep 7th, 2010 at 11:44AM
Talk about landing on your feet. HP’s former CEO, Mark Hurd, was forced to resign after allegations of personal misconduct were made public by the company’s board. Hurd was sent packing with a mere $28 million in cash and stock for his efforts; efforts that lasted just over five years at HP. The forced resignation of Hurd was denounced as “cowardly” by Oracle CEO Larry Ellison, and now it looks like Ellison is putting his money where his mouth is. The AP is reporting that Hurd has be...
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Zach Epstein |Jan 13th, 2009 at 06:26PM
Well, it looks like board meetings over at Intel are going to be pretty awkward for a while. Following the Wall Street Journal’s scoop earlier today, Yahoo has officially announced that Carol Bartz has joined the company as CEO. In the same breath, Yahoo also revealed that current President Sue Decker has informed the company she will be resigning from her role after a transitional period. Decker, a candidate who had been considered for the open CEO spot as well, has been with Yahoo in a variety of capa...
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Kelly Hodgkins |Dec 11th, 2008 at 04:54PM
After the whole controversy over the usage of the White Space spectrum had been given the thumbs up by the FCC, we thought that free, nationwide wireless Internet access was a given. Not so fast says the White House. The FCC was going to vote as early as next week on a plan to auction 25 megahertz of spectrum in the 2155MHz to 2180MHz band. According to the FCC’s plan, those who purchase a license to use this spectrum would be required to offer free wireless broadband service. The White House disagreed ...
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Zach Epstein |Nov 4th, 2008 at 08:19AM
Sorry for straying from our regular content, but we felt compelled to remind readers that today is November 4. The official Bold launch is hardly the only interesting news – today also happens to be the day we will elect our 44th President. If you are registered to do so, please, do us and yourself a favor. Take a break at some point today, head down to the polls and vote. Obama/Biden, McCain/Palin, BG/Jibi, whatever. Just vote. This election will already go down in history for a variety of reasons and ...