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Solegear Bioplastics founder, CEO Toby Reid steps down
2015-06-12 21:35:24| Canadian Plastics Headlines
Paul Antoniadis, a director of the company, will serve as interim CEO. The post Solegear Bioplastics founder, CEO Toby Reid steps down appeared first on Canadian Plastics.
James Murdoch will become 21st Century Fox CEO
2015-06-12 09:34:00| Telecompaper Headlines
(Telecompaper) James Murdoch will become CEO of 21st Century Fox and Lachlan Murdoch its co-chairman, with Chase Carey, the company's most senior non-family executive, giving up up his operational responsibilities, the Financial Times reported. Rupert Murdoch, the father of the future executives, will continue to be executive chairman and remain the most senior figure at the company, according to people familiar with the matter. Carey will step down as chief operating officer but stay on as an adviser. His contract expires next summer but he has an option to leave in December. The moves are part of a long-term succession plan at Fox, whose assets include Fox News, the Fox broadcast network and the Hollywood movie studio. The changes slowly reduce the role of the octogenarian Murdoch. Lachlan Murdoch will eventually take on his father's current responsibilities at Fox while James Murdoch assumes Carey's operational focus, sources said. An upcoming board meeting will vote on the changes.
Twitter CEO resigns, company drops 140 character limit
2015-06-12 09:03:00| Telecompaper Headlines
(Telecompaper) Twitter CEO Dick Costolo has announced his resignation, on the same day the company decided to end the 140 character limit on direct messages, Bloomberg resported. The resignation will take effect from 1 July. Co-founder Jack Dorsey will replace Costelo as interim, until a permanent replacement is found. Costolo came under fire from investors for failing to rejuvenate the service and for low customer uptake. He will leave without taking about USD 16 million in stock awards. The market welcomed the departure, with shares jumping in late trading. Dorsey's appointment signals the company will focus on improving its product, after a rake of leadership changes in the last five years. Direct Messages are different from tweets in that they are only visible between individual users. The change in the number of allowed characters will come next month.
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ceo
Fon hits 15 mln Wi-Fi hotspots, appoints new CEO
2015-06-12 08:51:00| Telecompaper Headlines
(Telecompaper) Global crowdsource Wi-Fi network Fon has announced that it has surpassed the figure of 15 million hotspots after signing partnerships with Vodafone Spain and Vodafone Italia to launch a community-based Wi-Fi service. The deal helped the company add three million hotspots in less than one year and now covers the vast majority of the European population with Wi-Fi. The Americas, Oceania, and Asia are also growing continuously, said Fon, led by its partnership with SoftBank in Japan and the imminent roll out of the joint Telstra-Fon Wi-Fi network in Australia. In a statement, the company also announced that its founder Martin Varsavsky is stepping down as CEO, to be replaced by current COO Alex Puregger.
Costolo Out as Twitter CEO, Dorsey Steps In (for Now)
2015-06-12 02:59:26| PC Magazine Software Product Guide
Jack Dorsey, Twitter co-founder and chairman, will serve as Interim CEO while the board searches for a replacement.
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