Extra! Extra! Both CNBC and Mashable are reporting that Facebook plans to launch a music service next month. Nothing is for absolutely certain, but it’s been said that Spotify, MOG and Rdio might be partnering with Facebook as part of the new feature. Mark Zuckerberg is probably jamming out to this tune if it’s true. Wonder what Facebook …
Business
Justice Department Looks to Block T-Mobile-AT&T Deal
Updated at 11:53am Eastern with Justice Department press release and statement from AT&T…
The Justice Department has filed an antitrust complaint against AT&T in the hopes of preventing the $39 million T-Mobile-AT&T merger proposed earlier this year.
The filing states that, “AT&T’s elimination of T-Mobile as an independent, …
Nokia Admits Hack Last Week More Serious, Closes Developer Forums
Welcome to your weekly hack update, in which a major company admits its perimeter was breached and someone made off with piles of sensitive data. In this installment: Nokia, the Finland-headquartered mobile device manufacturer, and their online development community.
Yep, that community was reportedly infiltrated by ne’er-do-wells who …
Apple Puts New CEO Tim Cook’s Tenure on Timetable
How long will Apple’s Tim Cook sit on Apple’s CEO throne? Probably through the midpoint of 2021, according to the board of directors, who made the move last Friday to lock Cook in with one million shares of restricted company stock. Half of those shares are scheduled to vest between August 24, 2016 and August 24, 2021—so long as Cook …
Apple Will Still Be Apple, Even Without Steve Jobs
Ben Bajarin is the Director of Consumer Technology Analysis and Research at Creative Strategies, Inc, a technology industry analysis and market intelligence firm located in Silicon Valley.
Although the news of Steve Jobs’ resignation was sudden, as most news is, many of us in the analyst community have been prepared for it. To some …
Jobs Resigns, Apple’s Stock Drops and RIM’s Goes Up?
Gauging the U.S. stock market’s like refereeing a game of psych-out, so caveat reader, but as short-term signals go, it looks like Apple’s misfortunes—say the world’s most illustrious CEO resigning—are not-so-disguised blessings for Research in Motion.
RIM shares surged more than 2% Thursday morning after the Blackberry …
Steve Wozniak Calls Jobs ‘Best Business Leader of Our Time’
In an interview late Wednesday night, Apple co-founder Steve Wozniak told Bloomberg News exactly what he thought about Steve Jobs. Known as Woz, Wozniak went on to wax poetic about the now-former Apple CEO, calling him the “best business leader of our time.”
While Woz acknowledged that he’s not personally close to the Apple CEO …
Why Steve Jobs’ Resignation as CEO Isn’t the End of the World
It’s hard to imagine Apple without Steve Jobs. But with Apple stronger than it has ever been, this might have been the best time for Tim Cook to step in as its new CEO. The company is in a position where it can probably take the biggest of hits—including losing its star chief executive.
Steve Jobs’ resignation shouldn’t have been a
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Who Is Tim Cook and Can He Truly Replace Steve Jobs?
With news of Steve Jobs’ resignation from Apple, interim CEO Tim Cook now finds himself behind the wheel of the most valuable computer company in the world. Cook’s been deeply entrenched within Apple for well over a decade, so the company is seemingly in good hands.
(PHOTOS: The Long, Extraordinary Career of Steve Jobs)
But is …
End of an Era: Apple’s Steve Jobs Steps Down, Tim Cook Steps Up
And just like that, Steve Jobs has stepped down from his throne as CEO of Apple and handed the scepter to the current chief operating officer, Tim Cook. You can’t say no one saw it coming. Jobs has been on a medical leave of absence since January 17, 2011 for undisclosed reasons (he had a liver transplant in April 2009 after battling …
Steve Jobs Resigns As Apple CEO, Will Become Chairman
Steve Jobs has resigned as chief executive officer of Apple. The reason is presumably health-related—Jobs went on indefinite medical leave in January—but neither Jobs nor Apple gave specifics in their statements. Tim Cook, Apple’s chief operating officer, will replace Jobs as CEO, while Jobs will serve as chairman. Cook was already …
Who Should Facebook Acquire to Compete with Google?
Google’s been on a bit of an acquisition spree this year. They purchased AdMeld back in June for $400 million, and more recently, Motorola Mobility for a reported $12.5 billion. Moves like these, of course, point to strategies the search giant is likely to implement in the near future, and perhaps more importantly, what areas of the …