Apple CEO Tim Cook got $4.2 million in pay for the latest fiscal year, a modest sum compared with last year, when the company’s board set him up with stock now worth $510 million for taking the reins in 2011.
The gift of 18 million Facebook shares is valued at $498.8 million based on their closing stock price on Tuesday, when Zuckerberg, 28, made the donation. The beneficiary is the Silicon Valley Community Foundation, a nonprofit that works with donors to allocate their gifts.
Ashton Kutcher’s portrayal of Apple co-founder Steve Jobs & Amanda Seyfried’s turn as porn star Linda Lovelace are among the highlights at Sundance Film Festival…
Intel said its CEO, Paul Otellini, planned to retire in May after nearly 40 years with the company.
Visa said former JPMorgan executive Charles Scharf will become its next CEO, effective Nov. 1.
Apple CEO Tim Cook said the company is “extremely sorry” for the frustration that its maps application has caused and it’s doing everything it can to make it better.
“Another piece of good news today,” tweeted the expectant mom, announcing to her online followers that she and her husband were awaiting a baby boy.
Yahoo is turning to its longtime nemesis to fix everything that has gone wrong while Google Inc. has been cementing its position as the Internet’s most powerful company.
Yahoo still has credibility issues, even after casting aside CEO Scott Thompson because his official biography included a college degree that he never received.
A Yahoo director embroiled in an investigation into an inaccuracy about CEO Scott Thompson’s academic credentials is surrendering her seat on the troubled Internet company’s board.