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Twitter CEO Dick Costolo, announced a list of interesting engagement stats, and then slipped in this tiny piece of information in an informal business meeting on Thursday morning that “Users will begin to observe promoted tweets from companies you don’t follow.”
And so it begins. After Yahoo this week gave CEO Carol Bartz the axe, the stock rallied on the suspicion on the Street that the company almost certainly has now been put into play, and might not last very long with its current corporate structure.
The sudden ouster of Yahoo CEO Carol Bartz wasn't triggered by one specific factor, but rather because Ms. Bartz wasn't reaching a series of performance targets.
Yahoo Inc said on Tuesday it has removed CEO Carol Bartz and replaced her on an interim basis with Chief Financial Officer Tim Morse, ending a rocky two-year run marked by stagnating growth and a bitter rift with Chinese partner Alibaba.
Google said it will discontinue several products, as the Internet giant narrows its focus and doubles down on new efforts, including its Google+ social networking service, under CEO Larry Page.
Even as his company weathers its biggest crisis ever, Rupert Murdoch is still pulling in a huge salary from News Corp.Regulatory filings released on Friday showed that Murdoch's total compensation for the 2011 fiscal year was $33.3 million. As technology writer Peter Kafka noted, this included a $12.5 million bonus. Murdoch also received $8.5 million in stock.
As CEOs, Sam Walton, Bill Gates and Steve Jobs possessed common traits. They were tireless workers, demanding bosses and sticklers for detail. They were visionaries, too, who reshaped their respective industries....
Joe Nocera observes in The New York Times today that Steve Jobs violated every rule of management. He was not a consensus-builder but a dictator who listened mainly to his own intuition. He was a maniacal micromanager. He had an astonishing aesthetic sense, which businesspeople almost always lack. He could be absolutely brutal in meetings: ...