Categories
News Wearables

Apple hires two more Nike FuelBand engineers, looks to be focusing on wearable/fitness project

It all comes down to the recent hires. Per The Mac Observer, Apple has apparently snagged two former Nike FuelBand engineers for what could be its wearable technologies/iWatch project. The new hires are Jon Gale, who wrote FuelBand firmware code for Nike and Ryan Bailey, who worked as a hardware engineer on the FuelBand team. […]

Categories
Announcement Business Microsoft

Satya Nadella named as new Microsoft CEO

After a long guessing game about who would be the next CEO, Microsoft finally announced Tuesday that it was appointing Satya Nadella to the post and adding him as a member of the Board of Directors. Nadella, who has been at Microsoft for 22 years, previously held the position of Executive Vice President of Microsoft’s Cloud and […]

Categories
Apple Business Finance News

Tim Cook takes self-inflicted pay cut

I remember the days of Gil Amelio (sorry to single you out Gil) and other CEOs of Apple who basically ‘took the money and ran’. In those days, the “golden parachute” was the norm for essentially kicking out CEOs who weren’t helping the company. Definitely a weird practice. Then Steve Jobs came back and famously […]

Categories
News retail

Apple calls on fashion executive Angela Ahrendts to head up retail division

Come next spring, a tough, stylish new lady from the fashion world will be running Apple’s retail division. Per The Mac Observer, Apple finally has a new executive to run its retail division now that it has hired Burberry CEO Angela Ahrendts to fill the job. Her title will be senior vice president of retail […]

Categories
News

Microsoft CEO Steve Ballmer sees pay cut as result of poor Windows 8, Surface tablet marketplace performance

This is pretty much unparalleled. Or at least it’s a decent case of schadenfreude. Per CNET, Microsoft CEO Steve Ballmer saw his pay docked this year as a result of the disappointing performance of the company’s Windows Division over the past year. The Microsoft head received US$1.26 million in compensation for fiscal 2013, with US$697,500 […]