By surrounding himself with yes-men and killing off anything that doesn't make money, the CEO could be setting himself up for a fall.
By Dana Blackenhorn
Every great company is a dictatorship. But no dictator can run a great company alone.
While much of the media commentary on Google (GOOG) late last week centered on its closure of Google Reader, the bigger news is the replacement of Android chief Andy Rubin with ChromeOS head Sundar Pichai, as reported by Wired.
Pichai is said to be "closer" to CEO Larry Page than Rubin was, and it's no longer questioned that Marissa Mayer, now CEO of rival Yahoo! (YHOO), didn't jump from the Googleplex but was pushed out by Page.
Based on 'Half the Sky,' a 2009 bestselling book and later a PBS series that tells stories of women overcoming oppression, the game lets players unlock $250,000 in real donations.
Often, when we talk about foreign aid, we only talk numbers -- how much money was given to a particular NGO or how many mosquito nets we put up in a struggling community.
To really improve lives through financial aid, we have to engage with issues in the developing world, try to understand them and develop a more transparent way of giving.
That’s what Nicholas Kristof and Sheryl WuDunn believe. Their cause is the global empowerment of women, and their newest tool is a game on Facebook (FB).
The married couple founded the Half the Sky movement in 2009 with publication of their book "Half the Sky: Turning Oppression Into Opportunity for Women Worldwide." The book argues that the oppression of women is the greatest moral challenge of our time. The authors seek to raise awareness of issues such as female genital mutilation, domestic abuse, sex trafficking and maternal mortality.
An analyst raises his rating on the stock to 'buy,' saying the stock is cheap and that Oracle's recent moves to bolster its hardware business are about to bear fruit.
Canaccord Genuity analyst Richard Davis upgraded shares of the software giant to "buy" and raised his price target to $42 from $35. This was done ahead of Oracle's earnings, which are slated to be released next week. Davis cited an expected year-over-year increase in hardware revenue as one of the major reasons for the upgrade.
Another reason cited by Davis is Oracle's market valuation; the stock trades at just 11 times the analyst's projected earnings for 2013.
A commitment to return cash to shareholders is a key reason IBM's shares have fared well even when the broader tech sector has fallen from favor. Apple should take heed.
Alessandro Di Benedetto straggled to the finish line in a round-the-world solo yacht race -- and emerged as a hero for the way he harnessed plastics, metal and the wind.
Alessandro Di Benedetto just finished last in the race of his life.
Not merely last, but dead last, one month and more than 5,000 miles behind the winner.
Wet, alone and injured, slogging along with piddly, outmoded technology, Di Benedetto brought down the curtain on the Vendée Globe solo round-the-world yacht race in late February when he sailed across the finishing line.
Which by rights, in our dog-eat-dog digital age, should make Di Benedetto a role model to exactly nobody. And most certainly not a bankable metaphor investors can use to suss out value in a complex marketplace that can be as unforgiving as the cold Antarctic seas.
But, over the past few months I and millions of others followed the exploits of this Franco-Italian sailor via his on-board Web clips, emailed messages and the wacky French media coverage of the event as Di Benedetto persevered. And it turns out this man is a veritable pirate's chest of investor inspiration.
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[BRIEFING.COM] The stock market ended the Wednesday session on a mixed note with small caps displaying relative strength. The Nasdaq Composite (+0.5%) and Russell 2000 (+0.4%) registered modest gains, while the Dow Jones Industrial Average (-0.2%) and S&P 500 (+0.01%) underperformed.
Despite the mixed finish, the key indices traded higher across the board at the start of the session after the advance reading of second quarter GDP surpassed estimates (4.0% versus Briefing.com ... More
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