Tag | CEO

Steve Jobs Takes Medical Leave of Absence

Steve Jobs Takes Medical Leave of Absence

Steve Jobs, Apple CEO, stated that the board of directors granted him a medical leave of absence earlier this week.  He will continue as CEO and will be involved in major strategic initiatives; however Tim Cook, Apple COO, will take over daily operations.

Read more from his note below.  (via Businesswire)

Apple CEO Steve Jobs today sent the following email to all Apple employees:

Team,

At my request, the board of directors has granted me a medical […]

Jan 16th, 2011Comments Off on Steve Jobs Takes Medical Leave of Absence
Mac App Store Officially Opens

Mac App Store Officially Opens

Apple has released Mac OSX 10.6.6, which adds the company’s desktop application store.  The store already has more than 1,000 applications, which is a “great start” according to Steve Jobs, Apple CEO.  Read more from the official release below.  (via Apple)

CUPERTINO, California—January 6, 2011—Apple® today announced that the Mac® App Store℠ is now open for business with more than 1,000 free and paid apps. The Mac App Store brings the revolutionary App Store experience to […]

Jan 8th, 2011Comments Off on Mac App Store Officially Opens
Intel to Purchase McAfee

Intel to Purchase McAfee

Intel announced that it will purchase McAfee, the creators of anti-virus software, this month for ~$7.7 billion.  According to the NY Times, “Under the terms of the deal, Intel will pay $48 a share in cash, a 60 percent premium to McAfee’s Wednesday closing stock price of $29.93.”

With the acquisition of McAfee, Intel will enter into the security sector, which is expected to encounter continuous growth.  Read more from the official release below. (via Business Wire)

Intel to Acquire McAfee

NEWS […]

Aug 26th, 2010Comments Off on Intel to Purchase McAfee

Yahoo Acquires Associated Content

Yahoo! announced the acquisition of Associated Content (a blogging network of roughly 300K+ contributors) earlier this month.  You can read more from the official release below.

SUNNYVALE, Calif.–(BUSINESS WIRE)–Yahoo! Inc. (NASDAQ: YHOO – News) today announced it has signed a definitive agreement to acquire Associated Content Inc. This strategic move extends Yahoo’s ability to provide high quality, personally relevant content for […]

May 25th, 2010Comments Off on Yahoo Acquires Associated Content