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You heard right. Eighteen months from now Thierry Breton, CEO of Atos—one of the largest information technology companies in the world, plans to have eliminated email as a communication and collaboration medium within his company. “If people want to talk to me, call or send me a text message,” said Breton. “Emails cannot replace the spoken word.”

Groupon Inc sold more than 650,000 holiday deals between Black Friday and Cyber Monday, an increase of 500 percent compared with last year, Chief Executive Officer Andrew Mason said in a blog post on Wednesday.

Logitech Chief Guerrino De Luca isn’t going to sugarcoat the gadget company’s troubles with the $300 Logitech Revue, which it introduced last December. At Logitech’s investor day Wednesday De Luca said the Revue was a mistake that will cost Logitech $100 million in operating profits. The set top box was built around Google‘s Google TV software, which remains a work in progress. We “executed a full scale launch with a beta product and it cost us dearly,” De Luca said.

He set out to create a mini-Goldman Sachs. In the end, he built a mini-Lehman Brothers. Former New Jersey Gov. Jon Corzine's resignation Friday from the securities firm he led capped a week of high drama and swift failure. Less than a week ago, Corzine had expected to sell his firm, MF Global. By week's end, it had collapsed into bankruptcy. And Corzine had hired a criminal defense lawyer in the face of an investigation of the firm by the FBI and federal prosecutors.

Medicis CEO Jonah Shacknai has sold his Coronado, Calif., mansion to a group of investors three months after the high-profile hanging death of his girlfriend there this summer.

Freddie Mac's chief executive, Charles E. "Ed" Haldeman Jr., will step down by the end of the year, the regulator of the company said on Wednesday.

IBM global sales chief Virginia Rometty will take over as CEO from Sam Palmisano in January, becoming one of the most powerful women in business and technology today.

Zombie tech? The products you thought were dead at HP may not be quite dead just yet. The HP TouchPad, the highly praised WebOS operating system, and the entire PC division are still on the chopping block, but sources at HP say that with the new CEO Meg Whitman, the butcher's blade hasn't yet fallen.

The head of Yahoo's online advertising business in North America said Monday he has been too busy trying to bring in more revenue to consider whether he would be willing to become the struggling Internet company's next CEO. Ross Levinsohn, Yahoo Inc.'s executive vice president of Americas, made his remarks during the kick-off of the Web 2.0 Summit. That's a three-day Internet conference that annually attracts prominent technology executives.

Twitter CEO Dick Costolo says his company is now seeing almost 250 million tweets every day, up from 100 million at the beginning of 2011. That’s a billion tweets every four or five days. Costolo made the comments in an on-stage interview with John Battelle at the Web 2.0 Summit in San Francisco on Monday night.