One of the chief Yahoo shareholders believes the falling Internet Company would be better off without the leadership of Jerry Yang.
According to a Friday letter to Yahoo’s board, hedge fund manager Daniel Loeb asserts Yang has too many conflicts of interest in keeping the board seat he held since first began leading the company almost 16 years ago.
Disney CEO Robert Iger is going to maintain his position for a longer time as he signed a contract to remain as the CEO until 2015. After March 2015, he is going to serve the company as an executive chairman for another 15 months to help break in a new chief executive, according to Disney.
The definite end to what is going to be a decade-long term proposes the eventual promotion of one of his two contiguous lieutenants, either Jay Rasulo, 55, the chief financial officer, or Tom Staggs, 50, chairman of the parks division. The two old hand executives switched jobs in late 2009, in a move that groomed both to take over one day.
Research in motion, the maker of BlackBerry smart phones and devices saw its stock fall a further 20% at the end of the week. The company has been struggling for revival for sometime now. Although one of the top smart phone manufacturers in the mobile world, the company has had a low phase in the Read more
Android and Dominos, the international pizza giant, have a news that will cheer pizza lovers who use android phones. Android users can now order pizzas from any Dominos pizza joint in their city through an app that the pizzeria has released. The app is already available on Apple store and is now accessible for Android Read more
From the day, the Apple has launched its new generation computing device Ipad, it is in news and always for the right cause. This rich men toy is again in news this week and that is because Apple has launched a brand new app for the social networking giant Face book. This newly launched app Read more