Microsoft’s Zune senior business development manager Dave McLauchlan recently said he is leaving the company to create his own startup. McLauchlan announced his resignation to the public on Twitter. “I have some news to share,” he tweeted. “Last week I offered my resignation to [Microsoft] and my last day is [Friday].” McLauchlan will work on a startup called “Buddy.” The website, located at http://Buddy.com, says the company will help developers “build mobile apps cheaper, faster and easier.” McLauchlan also tweeted that he will still be around in the mobile space. Microsoft killed its Zune mobile media player earlier this year, but Microsoft confirmed it will continue to offer music and video services on Xbox LIVE, Windows PCs and Windows Phone devices. More →
Apple’s iPhone and iPad competitors could benefit with Steve Jobs out as CEO of Apple. “It’s going to give competitors a bit more of a lease of life to go out and compete harder,” Nomura International Plc. technology analyst Richard Windsor told Bloomberg, which noted that Sony and Nokia’s stock prices jumped after Jobs’ announcement. “It’s been thought about, talked about endlessly for the past several years that Tim Cook would probably take over so while you get an initial knee-jerk reaction on the downside, we would probably expect that not to last very long.” Apple will also need to maintain the momentum and market lead that Steve Jobs created as CEO. “If the new management team doesn’t sustain the level of innovation that Steve Jobs spearheaded, it’s going to be an opportunity for the competition in the long term,” Korea Investment Management Co. fund manager Lee Young Seog said. “Still, because of Tim Cook’s competence and the system at Apple, the competitive landscape isn’t likely to change anytime soon.” Steve Jobs announced his resignation from his CEO post on Wednesday and he will be replaced by Tim Cook, who has effectively been running the company while Jobs has been on leave. “Apple’s brightest and most innovative days are ahead of it,” Jobs said in his resignation letter on Wednesday. More →
Steve Jobs has officially resigned as CEO of Apple, and here is his resignation letter to Apple and you, the Apple community.
It appears as though Acer founder Stan Shih will get his wish, as news of CEO Gianfranco Lanci’s resignation could mark the start of a much needed overhaul. Shih, who retired from the company in 2004, said on Tuesday that Acer is in need of an overhaul and a shift in focus from being a leader in the PC market to increasing profit margins. On Thursday, Acer announced that Lanci is resigning effective immediately, and company chairman J. T. Wang will step in as interim CEO until the company finds a suitable replacement. “The personal computer remains the core of our business,” said Wang in a statement. “We have built up a strong foundation and will continue to expand within, especially in the commercial PC segment. In addition, we are stepping into the new mobile device market, where we will invest cautiously and aim to become one of the leading players.” Wang continued, “In this new ICT industry, Acer needs a period of time for adjustment. With the spirit of entrepreneurship, we will face new challenges and look to the future with confidence.” More →
Clearwire on Thursday announced that CEO and director of the board Bill Morrow will resign effective immediately. Morrow cites personal reasons for his resignation and he will continue to serve as an advisor to the company while the interim CEO, chairman of the board John Stanton, transitions into his new role. “I would like to commend Bill for his tremendous leadership in building the first U.S. 4G network, adding more than 5 million subscribers, and raising funds in a challenging economic environment,” Stanton said in a statement. “Bill built a strong leadership team which enables us to promote Erik Prusch and Hope Cochran to new roles. Together, the entire management team at Clearwire remains focused on delivering value to its customers and shareholders.” Two other top Clearwire executives, Chief Information Officer Kevin Hart and Chief Commercial Officer Mike Sievert, will be leaving the company as well. Hit the break for the full press release. More →
The Wall Street Journal is reporting that three sprint executives — Dan Hesse, Keith Cowan, and Steven Elfman — have resigned from WiMAX network-operator Clearwire’s board. Sprint informed the WSJ that they would appoint “independent successor directors” within the next few months; Sprint has named its general counsel, Charles Wunsch, as an observer in the meantime. Clearwire writes that the resignations are due to “recent changes in antitrust laws,” but also admit that the move could provide the company with “added flexibility” in pursuing additional funding. Sprint is the majority owner of Clearwire, holding a 54% position. More →
This is not how you want to start your weekend. The Wall Street Journal is reporting that HP CEO Mark Hurd has resigned, effective immediately, due to sexual-harassment allegations. In a statement, Mr. Hurd said: “As the investigation progressed, I realized there were instances in which I did not live up to the standards and principles of trust, respect and integrity that I have espoused at HP and which have guided me throughout my career.” HP said that the former CEO did not violate the company’s sexual-harassment policy, but they did find instances were he violated HP’s “Standards of Business Conduct.” Chief Financial Officer Cathie Lesjak will assume the roll of interim CEO. Hurd had been with HP for the past five years. More →
A popular topic of discussion lately in every corner of the Web has been Eric Schmidt’s position on Apple’s Board of Directors and the many possible conflicts it now presents. While opinions have varied, most take the stance that Google’s business has begun to overlap with Apple’s in too many key areas and as such, Schmidt’s role with the company is no longer appropriate. Well, the debate is over. Apparently, Google’s CEO and the Cupertino crew finally came to their senses. Steve “Thanks for Picking Our Brains and then Trying to Eat Our Lunch” Jobs had this to say:
Eric has been an excellent Board member for Apple, investing his valuable time, talent, passion and wisdom to help make Apple successful. Unfortunately, as Google enters more of Apple’s core businesses, with Android and now Chrome OS, Eric’s effectiveness as an Apple Board member will be significantly diminished, since he will have to recuse himself from even larger portions of our meetings due to potential conflicts of interest. Therefore, we have mutually decided that now is the right time for Eric to resign his position on Apple’s Board.
So long Dr. S, you will be missed — unless Chrome OS somehow manages to beat the odds and outreach OS X’s market share at some point down the road. Then we imagine pretty much no one at Apple will miss you.
What a long strange trip it’s been. Mark this one as done folks – Yahoo has officially announced that Jerry Yang will step down as CEO of Yahoo. Yang has been at the helm of what can only be described as a sinking ship since June of 2007. His moves have been made under a microscope, his decisions have been questioned by just about everyone with a keyboard and he has been the subject of much criticism, to say the least. What’s done is done though and suffice it to say we definitely do not envy whoever the appropriately-named executive head hunting firm Heidrick & Struggles finds as Yang’s replacement. He or she will inherit a mess of epic proportions as Yahoo struggles to stay afloat and no doubt begins begging Microsoft, even more than Yang did, to come back to the bargaining table. As for Yang, he will return to his prior role as Chief Yahoo and will still sit on the board of directors. If Yang is still with the company in six months we’ll be truly amazed. Hit the jump for Yang’s full memo sent today to all Yahoo employees.