Set to the tune of Don McLean's American Pie, Karen Chang sang an epic song announcing her resignation from Microsoft that included quips about making "cells and numbers dance", "long lines of code" an...
LightSquared on Tuesday announced that Sanjiv Ahuja has resigned from his role as chief executive officer. Chief network officer Doug Smith and and CFO Marc Montagner will serve as interim co-CEOs, and Ahuja will continue to serve as chairman of the board. Additionally, LightSquared’s billionaire founder Philip Falcone has been appointed to the company’s board of directors and has reiterated LightSquared’s commitment to low-priced 4G alternatives. “We are, furthermore, committed to working with the appropriate entities to find a solution to the recent regulatory issues,” Falcone said. “We, of course, agree that it is critical to ensure that national security, aviation and the GPS communities are protected. I am confident that working together, we can solve this problem and bring the American consumer
Co-founder and former CEO Jerry Yang has resigned from all of his positions with Yahoo, the company announced in a press release on Tuesday. Yang co-founded Yahoo in 1995 with David Filo and served as a member of the Board of Directors since March 1995. Yang was also the company’s CEO from June 2007 to January 2009, until he was replaced by Carol Bartz. ”My time at Yahoo!, from its founding to the present, has encompassed some of the most exciting and rewarding experiences of my life,” said Yang in a statement. “However, the time has come for me to pursue other interests outside of Yahoo! As I leave the company I co-founded nearly 17 years ago, I am enthusiastic about the
“I want to make sure that the employees don’t believe that I’ve abandoned them. I would never abandon them.” Those are the words of former Yahoo chief executive officer Carol Bartz who was fired from the firm over the phone last week but who said she would remain on the company’s board. Bartz no longer has a position on the board as of Monday, however, and it is possible that is a result of a recent interview with Fortune during which Bartz said Yahoo “f***ed me over” and called the rest of the company’s board “doofuses.” “On September 9, 2011, Carol Bartz resigned from the board of directors of Yahoo! Inc., effective immediately,” Charles Sipkins, a spokesperson for the board
The tech world erupted Wednesday night as Apple visionary Steve Jobs announced that he was stepping down from his role as CEO, passing the torch to former chief operating officer Tim Cook. Every analyst and pundit who was awake had his or her say on the matter, but one man in particular offered his thoughts from a perspective few have enjoyed. “He really has had to sacrifice a lot to run Apple,” Apple co-founder Steve Wozniak told BYTE in an interview on Wednesday evening. “I mean, just your time, everybody wants you day and night, that’s what I mean by sacrifices. It takes so much out of anyone to be under just contant [sic] pressure and demands like that.” Wozniak continued,