CEO

Scott Forstall and John Browett set to exit Apple as “Collaboration” efforts commence

Scott Forstall and John Browett set to exit Apple as “Collaboration” efforts commence

It would appear that Apple has some relatively major internal changes coming up as both their head of Retail John Browett and SVP of iOS Scott Forstall are announced to be exiting the company in the very near future. Forstall will be leaving in 2013 and will be serving as advisor to CEO Tim Cook until that time, while John Browett will be out without a timeframe - immediately, we must assume. This announcement is joined by assurances that Apple will be making changes that involve Jony Ive, Bob Mansfield, Eddy Cue and Craig Federighi adding more responsibility to their plate and that Tim Cook will be in charge of Retail until a new head of Retail can be found.

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Yahoo Interim CEO leaves the company

Yahoo Interim CEO leaves the company

After having been the interim CEO for Yahoo since May of 2012, Executive Vice President Ross Levinsohn has now decided that he will leave the company entirely. This decision is being reported as having been anticipated by many, but it's only after the hiring of former Google executive Marissa Mayer as CEO for Yahoo rather than just bumping him up, it appears to have been the mark Levinsohn needed to make the move. In a statement made this Monday, Levinsohn noted that "it's time for me to look for the next challenge."

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Lenovo CEO gives away bits of bonus to employees

Lenovo CEO gives away bits of bonus to employees

In a move that'll certainly have the CEO of Lenovo, Yang Yuanqing, in the good books of his many multiple underlings, $3 million of his most recent bonus has been distributed amongst 10,000 junior-level employees. This amount, for those of you wondering, equals out to be approximately $314 USD (2,000 yuan) each for each workers. The workers that received this bonus were production-line workers, receptionists, and assistants alike.

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Marissa Mayer’s Yahoo employment offer revealed with massive salary

Marissa Mayer’s Yahoo employment offer revealed with massive salary

Yahoo's entire salary and compensation offer to newly minted CEO Marissa Mayer (former 20th in line at Google) has been released to the public today via the US Securities and Exchange Commission. This document outlines not only what Mayer will be expected to do, but what she'll be making as one of the most powerful people in web-based business. The first and perhaps most important element here is Mayer's base salary which equals out to be exactly $1 million USD a year.

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Yahoo Q2 earnings fall before Mayer CEO appointment begins

Yahoo Q2 earnings fall before Mayer CEO appointment begins

This afternoon Yahoo announced their quarterly earnings as being just 4.2 percent down from what they'd posted a year ago as Marissa Mayer begins her first full day of work as the company's CEO. This appointment was made public earlier this week with today's earnings call looming. The company announced also that revenue declined slightly to $1.22 billion this quarter, though many expectations under-shot the possibilities for the company at the start of this month.

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Mayer brings Google’s “cool” to Yahoo

Mayer brings Google’s “cool” to Yahoo

It's time for a change at Yahoo, and their appointing of former Google top brass Marissa Mayer makes it clear that they're ready to cut a few heads to re-invigorate the company as well. As Mayer can claim having a major part in quite a few of Google's big-name brands on the web over the past 10+ years, Yahoo is certainly interested in her making big decisions with their assets as well as with their not-so-healthy or otherwise bleeding projects. With a vast knowledge of not only how the company works, but a sense of what wont work on the web in the future as well.

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