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Huge Pension Fund Grouses Over Facebook's Unbalanced Board February 09, 2012 
The California State Teachers' Retirement System has a gripe about the makeup of Facebook's board of directors: It is too small and too male. In fact, there are no women on the board. "We believe that investors and the company would benefit from a larger, more diverse board," CalSTRS corporate governance director Anne Sheehan wrote to Facebook founder and CEO Mark Zuckerberg.
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Yahoo Rumblings Shake Loose Chairman, Board Members February 08, 2012 
Yahoo's chairman and three of its board members will step down at the company's next shareholder meeting as part of an extensive overhaul process Yahoo has been undertaking to please investors. Yahoo has faced criticism from shareholders for some time. Years ago, its management refused a buyout offer from Microsoft that would have netted $44.6 billion.
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Sony Installs New Chief in Quest for Identity February 01, 2012 
Sony announced on Wednesday that Kazui Hirai is being appointed as its president and CEO, effective April 1. Current Chairman, CEO and President Howard Stringer will become the chairman of the board of directors in June. Sony has had a turbulent year, so a switch in leadership might help the company find a smoother road.
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Apple Does the Money Dance January 28, 2012 
pple's first fiscal quarter is usually a big one. The way its financial calendar works out, what it considers Q1 ends on Dec. 31, meaning it covers the entire holiday period, as well as maybe a little back-to-school action. But the numbers Apple posted about its most recent Q1 were in an entirely different class than the usual money bender it wakes up from this time of year.
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Apple's Cook Steamed Over Labor Practices Report January 27, 2012 
Since the middle of this week, the buzz about Apple hasn't been so much its record earnings as disclosures of the working conditions its overseas workers endure, as detailed in a recent report that touched on worker deaths, inhumane working conditions, disregard for workers' health, the use of underage workers, and suggestions that Cupertino cares only about cutting costs and maintaining product quality.
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RIM's Heins: Change Investors Can Believe In? January 24, 2012 
There has been plenty of evidence that shareholders, to say nothing of customers, have been unhappy with RIM's direction in the last few years. They have been calling for new leadership, new strategy, new products -- new something. This week, a management shakeup seemed to grant that wish. RIM's former coCEOs and cochairs Mike Lazaridis and Jim Balsillie are no longer in those positions.
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RIM Reset Puts New CEO and Chair in Charge January 23, 2012 
Research In Motion announced a change in management over the weekend, but it got the cold shoulder from Wall Street on Monday. RIM's former coCEOs and cochairmen Mike Lazaridis and Jim Balsillie no longer hold those positions. Thorsten Heins is the company's new president and CEO. He was also appointed to RIM's board of directors.
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SOPA Shellacked, PIPA Plastered January 21, 2012 
The Stop Online Piracy Act, otherwise known as "SOPA," is losing friends fast, and now it looks like there's a good chance it'll lose the support it needs to make it out of Congress alive, much less the White House. SOPA and its Senate bill cousin PIPA, the Protect IP Act, have been controversial from the beginning, but a recent round of protests have made them almost toxic.
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What If Cook Really Isn't a Product Guy? January 19, 2012
At first, I was surprised to see the flurry of blog and comment traffic recently over Scott Forstall, the Apple "CEO-in-waiting," as portrayed by a new book about Apple coming out next week. I thought, What's wrong with current CEO Tim Cook? Is he going somewhere? Didn't he just get a bunch of new compensation packages worth hundreds of millions of dollars?
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Yahoo Bloodletting Runs Deep as Cofounder Yang Exits January 18, 2012 
Yahoo cofounder and former CEO Jerry Yang has left the company in the wake of pressure from shareholders and the appointment of a new CEO earlier this month. Yang announced his departure from all positions at Yahoo on Tuesday. Following the announcement, speculation grew that a general housecleaning at the top is pending.
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Shareholders' Suit Claims Netflix Execs Knew Storm Was Brewing January 18, 2012 
Netflix shareholders have filed a class action lawsuit against the company, alleging that it withheld material information from investors about its growth prospects and plans for its fees before its stock plunged late last year. The suit was filed against the company's senior management in the U.S. District Court in Northern California.
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Kundra Casts His Lot With Salesforce.com January 17, 2012 
Salesforce.com has snagged a marquee name for its executive ranks: the former chief information officer of the United States, Vivek Kundra. Kundra, who left his post with the Obama administration last year, is joining Salesforce.com as executive vice president of emerging markets.
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WebMD Looking a Little Green Around the Gills January 12, 2012 
It has been a rocky week for the medical news website WebMD, and it appears that the remainder of 2012 may be equally tumultuous. On Tuesday, WebMD CEO Wayne T. Gattinella resigned, and the company announced it was not looking for a buyer after all. It informed shareholders that 2012 revenue could clock in at 2 percent to 8 percent below 2011's revenue.
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Top-Rung Management Shuffle Likely at Sony January 09, 2012 
Sony appears to be preparing for a reshuffling of its top management, with the end result being the loss of power for current president Howard Stringer. The common denominator among the various reports that have surfaced is that Executive Deputy President Kaz Hirai will be elevated to president and Stringer will retain his current roles of CEO and chairman.
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Barnes & Noble's Nook: Life Preserver or Dead Weight? January 07, 2012 
The arrival of the Amazon Kindle Fire gave Apple reason to worry, but it may have given Barnes & Noble a reason to completely freak out. Its Nook Tablet Android device arrived about a month after the Kindle Fire was announced, and the Nook may be in a much more vulnerable position than the iPad.
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PayPal's Thompson to Fill Yahoo's Leadership Vacuum January 04, 2012 
Yahoo finally gets a leader. The company announced Wednesday the appointment of Scott Thompson as CEO, effective Jan. 9. Thompson was also appointed to the board of directors. Interim CEO Tim Morse will resume his role as chief financial officer. Yahoo fired former CEO Carol Bartz four months ago for failing to turn the company around.
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