Good morning. Hope you had a great weekend. Here are a few things you need to know this morning. NASDAQ chief Executive Robert Greifeld said the company was ”humbly embarrassed” by the issues during Facebook’s initial public offering, saying it “was not our finest hour.” A lot of people were upset because trades either didn’t go through [...]
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Good morning. As you’re having your cup of coffee and getting ready for the day, here are a few things you need to know. So remember that $2 Billion loss by JP Morgan that made news after they made risky bets with investor’s money? It actually turns out that it’s $3 Billion. Wall Street’s wonder [...]
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Good morning, here are a few things you need to know this morning as you get your day started and will keep you in the middle of any conversation. Facebook is reportedly increasing its IPO size by 25% adding 85 million more shares bringing the total to 422 million shares. Based on the expected $34 – [...]
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Yahoo swept out Scott Thompson as CEO Sunday in an effort to clean up a mess created by a misleading resume that destroyed his credibility as he set out to turn around the long-troubled Internet company. Ross Levinsohn, a 48-year-old executive who oversees Yahoo’s media and advertising services, is taking over as interim CEO. Yahoo [...]
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According to an exclusive by All Things Digital’s Kara Swisher, Yahoo’s current and embattled CEO Scott Thompson will be stepping down in the coming days. The Yahoo board is in the process of working out a settlement with Ross Levinsohn, who would be the interim CEO. This crisis, which if you can believe it, is [...]
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Jobtrakr has learned that TriNet, the leader in HR outsourcing services for growing companies, has acquired ExpenseCloud in a move that brings them one step closer to small business HR domination. The transaction has not officially been announced, but according to sources close to the deal the funds were wired on Friday essentially sealing the deal. [...]
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The transition to new leadership at RIM continues — the company has just announced new chief operating officer Kristian Tear and new chief marketing officer Frank Boulben. Tear comes to RIM from Sony Mobile, where he most recently worked as executive VP, while Boulben is a former executive VP at LightSquared. Tear fills a [...]
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“We have all been working very hard to move the company forward, and this has had the opposite effect.” – Scott Thompson, Chief Executive of Yahoo It’s been a really interesting last couple of months for the once mighty Yahoo. The last week has kept them in the news when it was discovered that their [...]
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This morning we are releasing the results of our first ever Employment Outlook report. We wanted to present this information in infographic form, to give you a better visual picture of what is taking place in the country and in some metro areas across the U.S. Hiring slowed in the month April which in turn [...]
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With the Acquisition of Top Language Jobs, U.S. based Careerbuilder, is expanding it’s footprint in Europe. Top Language Jobs is the leading global online jobsite for multi-language jobs and candidates. “Entering the ever-growing global language jobs market presents a strategic opportunity for CareerBuilder since many companies today rely on multilingual workers as they expand into new economies. It [...]
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After reported complaints about the issue, Sprint CEO Dan Hesse is voluntarily altering his compensation structure to more accurately reflect his company’s financial situation after its iPhone deal. Last February, Sprint increased Hesse’s total pay to nearly $12 million, but it was done with a bonus structure that didn’t take into account the costs incurred [...]
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May 21, 2012
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