Microsoft co-founder, former CEO and current Chairman, Bill Gates, described his last conversation with the late Steve Jobs (among other topics) during an interview with Charlie Rose on 60 minutes. Watch the video after the break:
Read More | 60 Minutes
We are deeply saddened to report that Steve Jobs, the man who revolutionized Apple, and by extension, the way we interact with technology, has died. Steve took a medical leave of absence from Apple this past January, and then resigned as CEO just recently. His incredible vision and leadership will be missed by many. If you'd like to send thoughts, memories, or condolences, you can email email@example.com.
You can pre-order the only authorized Steve Jobs biography on Amazon now. It should be an amazing read.
Yahoo's chairman of the board fired CEO Carol Bartz yesterday, to the shock of virtually no one, given both Yahoo's troubles and her notorious attitude. Bartz apparently got the news over the phone, and went right to her iPad to dash off a public message about the news. The company's CFO, Tim Morse, has taken over as interim CEO, stewarding a ship that has largely floundered under Bartz.
It's common for CEOs to make headlines, though Bartz often made them for the wrong reasons, to the point where if you saw a story about her, you could almost be sure it was some kind of gaffe. While Yahoo wasn't in the best shape when she took over, the company hasn't really "stabilized" like she wanted, and it doesn't appear much closer to achieving its apparent goal of re-inventing itself as a content provider and distributor, the search-engine wars largely ceded to Google. On top of that, her employees don't think much of her, giving Bartz a dismal 33 percent approval rate, according to Glassdoor.com. (Steve Jobs' rating, by comparison, was 97 percent when he resigned from Apple).
With the benefit of hindsight, the signs were there from the get-go. Bartz admitted that when she came on board she did so reluctantly, ultimately persuaded to take the job by Yahoo co-founder Jerry Yang. Her lucrative compensation was the topic of much discussion, and her initial statements about her plans for the company were anything but composed.
As time went on, Bartz' failures became more apparent. Her problems as CEO of Yahoo come down to three basic issues:
If you're looking to get your hands on the juicy details that prompted the eventual resignation of ex-HP CEO Mark Hurd, keep waiting. A Delaware judge ordered late Thursday night for the key letter from Jodie Fisher to Hurd to be unsealed—which would give HP ten days to release a public version of the letter in which Fisher first accused Hurd of sexual harassment.
Although Delaware Chancery Court Judge Donald Parsons Jr. ruled that Hurd's lawyers had not shown good cause as to why the letter should remain sealed, Hurd's legal team is nevertheless appealing the decision to release the letter's contents to the public. And even if the letter is eventually released, don't expect to see the entire contents—parts of the message, sent on behalf of Fisher by her lawyer, Gloria Allred, in June of 2009—will remain sealed.
"In summary, I find that the Allred Letter and its contents have social value, the Letter would not cause an intrusion into Hurd's private affairs disproportionate to its social value, and Hurd's accession to public notoriety by the time he left HP, if he was not already in the public's eye, bears a direct relationship with the Letter's contents and the events that reportedly gave rise to his departure," writes Parsons in his decision, released Thursday.
Kevin Rose has stepped down from Digg, he confirmed Friday evening via Twitter.
"Wow, tons of questions - I'll confine advising Digg/ on the board of directors, & taping Diggnation (as I have been since [CEO Matt Williams] joined)," Rose tweeted.
TechCrunch's Michael Arrington originally broke the story. According to Arrington, Rose is leaving Digg to focus on a new startup he's founded. In fact, Rose is closing out a $1 million funding round for the new company.
Rose founded Digg in 2004. However, the last year wasn't exactly smooth sailing for the company. Former CEO Jay Adelson left Digg in April after he and Rose had a falling out, Arrington said. Rose took over the post briefly, until former Amazon exec Matt Williams was hired as Digg's new chief.
But Digg's issues have been more than managerial.At its peak, the link-sharing site had more than 40 million unique monthly visitors. In August, Digg rolled out the somewhat controversial version 4 update. The redesign was intended to curb the overwhelming authority of the dominant power users, but it was immediately hit with bugs and delays, as well as the disdain of some long-time users.
Google announced as part of its earnings call that Eric Schmidt, one of the company founders, will be stepping down as CEO and will move into the role of Executive Chairman of the Board, focusing on external deals, partnerships and broad business relationships. Google co-founder Larry Page will take the role of CEO and handle day to day activities. Google says this will help clarify roles and create clearer responsabilities at the top of the corporate ladder. This came as somewhat of a surprise, since typically CEO changes happen when a company does poorly, or an executive retires, but this is sure to puzzle analysts for some time.
Read More | Mashable
As we reported earlier today, Steve Jobs has taken another medical leave of absence from Apple.
So what happens now? That's the exact question that the world seeks answers for in the wake of this morning's announcement. What we do know is certain: Tim Cook, chief operating officer, will be at the helm for the companies major product launches going forward.
What we don't know is, well, everything else. But Jobs' unexpected health announcement does shed new light on recent Apple dealings as of late and, more importantly, comes with a few givens for the future.
Andrew Mason, founder and CEO of Groupon, has issued an apology to customers in Japan by way of a YouTube video today. The apology is in relation to a New Years deal that ended up being a catastrophe. Food delivery business Bird Cafe has been featured on Groupon in the past, but the restaurant was overwhelmed by the volume of orders that came with the New Years osechi meal. Many meals were delivered late, while others were on time, but in "terrible condition." Groupon reimbursed all customers for the purchased and apologized in an email, but it's great to see Mason step up and personally apologize on video. Leaders of other companies might take notice--this is how you step up and own a mistake your company made.
Groupon is in the process of educating its merchants on "capacity planning" to avoid similar problems in the future.
Almost two years to the day from when Steve Jobs took medical leave from Apple to get a liver transplant, he has announced that he will be taking leave yet again to deal with his health. Just like last time, Steve will remain as CEO of Apple, and will be very involved in the major strategic decisions for the company. Tim Cook will take over day-to-day operations. It's unknown at this time whether the issues are related to Steve's bout with pancreatic cancer back in 2004, or the 2009 liver transplant, but whatever it is, we wish him a speedy and full recovery. We've got the email he drafted to his team after the jump.
Steve Jobs returned to the stage at today’s Apple “It’s Only Rock and Roll” music event, and received a standing ovation. He took a moment to talk about the liver transplant that he had a few months ago, and encourages people to consider becoming an organ donor. Welcome back, Steve!