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Real-Life ‘Wolf of Wall Street’ to Have His Own Reality Show?
Posted by Robin Paulson Categories: Reality, Gossip, News,
Although Martin Scorsese already jumped on the opportunity to cash in on Jordan Belfort's life story in this year's The Wolf of Wall Street film (which sees Leonardo DiCaprio portray Belfort), Electus
CEO Chris Grant wants to develop a reality show that will star Belfort himself.
Grant was impressed by Belfort's memoirs - in which he details how he stole $110 million from investors throughout the 90's - and saw potential in him as a TV star: "I knew without even seeing a picture of him that he could be a talent both behind and in front of the camera."
The Electus CEO found Belfort in Manhattan Beach, California working as a motivational speaker and proposed that he participate in a series where he helps those who have "hit rock bottom" and seek redemption. Grant has said that others on the production team who have met Belfort described him as "TV gold," although a network has yet to pick it up.
Electus is the same studio which produces shows such as Fashion Star and Mob Wives.
Read More 
| The Hollywood Reporter
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Watch this: Bill Gates gets emotional reminiscing about his last talk with Steve Jobs
Posted by Jason Diaz Categories: Apple, Microsoft, Videos,
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
Emanuel Ungaro Loses CEO?
Posted by Andru Edwards Categories: Fashion Designers, News, Rumors,
Jeffry Aronsson is believed to have left Emanuel Ungaro. The fashion house's chief executive officer (CEO) - who joined the company in June to "heal the bruises" of the label - has reportedly stopped commuting to Paris and is believed to have permanently returned to his investment and consulting firm Aronsson Group.
"Mr. Aronsson is still the acting CEO of Ungaro," Ungaro told WWD.
If the executive's departure is true, it is the latest in a string of high-profile exits from the fashion house. Giles Deacon became the sixth designer to leave in as many years when he quit in September after just two seasons. Before his exit, the company has seen Giambattista Valli, Vincent Darre, Peter Dundas, Esteban Cortazar and Estrella Archs work short stints for them since their founder retired in 2004.
Following his departure earlier this year, Giles said he was "proud" of what he had achieved at the French fashion house, but was keen to work ore with his Giles brand. He said, "I am very proud of the work that I - and my team - did at Ungaro, and it was a pleasure to work in Monsieur Ungaro's studio and with members of his actual atelier. I am going to concentrate on the global development of the Giles brand with some exciting one-off projects in the pipeline for next year - and I'm really excited about presenting the Giles Spring/Summer 2012 collection on Monday evening."
Steve Jobs has died
Posted by Andru Edwards Categories: Apple,
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 rememberingsteve@apple.com.
You can pre-order the only authorized Steve Jobs biography on Amazon now. It should be an amazing read.
Why Carol Bartz failed as Yahoo CEO
Posted by Andru Edwards Categories: Corporate News, Features,
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:
Click to continue reading Why Carol Bartz failed as Yahoo CEO
Former HP CEO Mark Hurd fighting to keep accuser letter sealed
Posted by Andru Edwards Categories: Corporate News,
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.
Click to continue reading Former HP CEO Mark Hurd fighting to keep accuser letter sealed
Kevin Rose leaves Digg, has new startup in stealth mode
Posted by Andru Edwards Categories: Corporate News, Social Networks, Startups,
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.
Click to continue reading Kevin Rose leaves Digg, has new startup in stealth mode
Larry Page to replace Eric Schmidt as Google CEO
Posted by Patrick Lambert Categories: Corporate News, Google,
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
With Steve Jobs out, what happens now?
Posted by Andru Edwards Categories: Apple, Corporate News, Editorial, Features,
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.
Click to continue reading With Steve Jobs out, what happens now?
Groupon CEO apologizes for Bird Cafe screw-up
Posted by Andru Edwards Categories: News, Planning, Startups,
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.
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