Target CEO Gregg Steinhafel said this week that Target knew about the massive security breach that put millions of Target customers at risk a full four days before Target notified their customers and the public about the breach.
Blackberry CEO Thorsten Heins is branching out. No longer content to be just the CEO of one of the most improbably failingest tech companies, he is now a prognosticator (that’s a fancy word for someone who predicts the future). According to Heins, in five years there will no longer be any reason to have a tablet computer.
Starbucks Chief Executive Officer Howard Schultz took to the Internet to announce an online grassroots campaign by having his DC Starbucks employees write “Come Together” on the cups of all of their customers to send a message to lawmakers about the fiscal cliff. While Internet grassroots efforts are not typically led by wealthy corporate CEOs, Schultz has instructed the baristas to write the message on the cup of each customer all this week, through December 28th.
Donald Trump has yet again managed to create controversy just by opening his mouth, or rather, updating his Twitter account. This time he got his behind handed to him by Chrysler Veep Ralph Gilles for perpetuating false claims stated by Romney, when Giles told Trum – very publicly – that he was, and we qoute, “full of shit.”
Apple CEO Tim Cook has issued an open letter apologizing for how badly the new Apple iPhone 5 iOS 6 Mapping app sucks. In the mapping apology, Cook acknowledges that with the stunning issues with the iPhone 5’s maps, which has been dubbed ‘Mapplegate’, Apple “fell short on their commitment” to “deliver the best experience possible to our customers.” However, he also claims that the more people use the map app, the better it will get, which somehow sounds like “we released it half-baked so that our users could be the guinea pigs who get the data into it.”
Yahoo’s newest CEO, Scott Thompson, announced today the laying off of 2000 employees. According to Thompson, the layoffs will save Yahoo $375 million a year. Hrmmm, we think we see part of the reason that Yahoo is losing so much money.
A massive data breach at Amazon subsidiary Zappos.com has led to the personal information of as many as 24 million customers being exposed. Below is all of the information, as well as the statement from Zappos CEO, Tony Hsieh.
Steve Jobs has resigned today as the CEO of Apple. In Jobs’ letter of resignation, addressed both to the Board of Directors of Apple, and the “Apple Community”, Jobs mentions an already-existing succession plan, which includes naming Tim Cook as his successor as CEO of Apple, and requests to remain on as Chairman of the Board of Apple, a director, and an Apple employee.
Will today’s children have to change their names to escape their digital past? In a nutshell, this disturbing possibility is what Eric Schmidt, CEO of Google, suggested could happen in a recent interview with the Wall Street Journal, as reported by the Daily Telegraph.