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resigns

Tech leaders hail Apple's Jobs as an industry 'hero'

While many consumers today were imagining an Apple without Steve Jobs, industry leaders were publicly recognizing him for changing the face of personal computing and inspiring next-level gadget design.

Even if you don't use a Macintosh, iPhone, iPod, or iPad, the electronics you use have no doubt been influenced by products developed under Jobs' prolific reign as chief executive of Apple.

Shortly after Jobs announced today that he was resigning as Apple CEO, Bob Metcalfe, co-inventor of Ethernet and founder of 3Com, wrote in a tweet that Jobs was "my hero."

Microsoft co-founder Paul Allen, who initially left his company after being diagnosed with Hodgkin's lymphoma, wrote on Twitter that he wished Jobs the best "as he faces his health challenges" and called Jobs "one of one of the greatest innovators of our industry."

Randall Stephenson, CEO of AT&T, said in an e-mail statement: "Steve is one of the industry's most gifted entrepreneurs, visionaries and creative minds, and has been one of AT&T's closest business partners for several years. We celebrate his accomplishments and wish him all the best. And we look forward to continuing to collaborate with Tim Cook and his team in enabling innovation in the mobile ecosystem."

Lowell McAdam, CEO of rival carrier Verizon, also weighed in via e-mail: "Steve Jobs changed wireless forever. He took our already vibrant sector, and with laser focus, injected compelling new competitive aspects to customer choice. Steve has been a fierce competitor, a dedicated strategic partner, and a visionary who has improved peoples' lives. Tim Cook will make an excellent CEO, continuing the traditions and performance culture Steve instilled at Apple. We look forward to building on the strong foundation Steve helped lay between Apple and Verizon." … Read more

Text of Apple's press release on Jobs' resignation

Editors' note: Apple announced today that Steve Jobs has resigned as chief executive officer, and the board has named Tim Cook, previously Apple's chief operating officer, as the company's new CEO. Jobs has been elected chairman of the board, the company said, and Cook will join the board, effective immediately.

Below, the text of Apple's press release on Steve Jobs' resignation:

CUPERTINO, California--August 24, 2011--Apple's Board of Directors today announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple's Chief Operating Officer, as the company's … Read more

Steve Jobs steps down from Apple

Apple CEO and co-founder Steve Jobs resigned today as chief executive officer from Apple. His place at the top of the company will be taken by Tim Cook, previously Apple's chief operating officer.

Jobs has been dogged by a string of health problems in recent years that forced him to take periodic leaves of absence from the company. Jobs announced in January that he was taking an indefinite medical leave from Apple--his third in recent years--and handed over day-to-day responsibility to Cook. He told his employees in January, "I love Apple so much and hope to be back as soon as I can."

In January 2009, Jobs said that he was suffering from a hormone imbalance that was impeding his body's ability to absorb certain proteins. In April of that year, Jobs underwent liver transplant surgery and returned to work by early July. In August 2004, Jobs underwent successful surgery to treat a rare form of pancreatic cancer, which sidelined him until September of that year.

In a separate note to Apple's board members and the Apple community today, Jobs said that he was no longer up to the job of CEO.

"I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple's CEO, I would be the first to let you know. Unfortunately, that day has come," Jobs said.

Jobs concluded by saying that "Apple's brightest and most innovative days are ahead of it," and that he looks forward to contributing as Apple's chairman of the board, director, and as an Apple employee if the board allows it.

Cook, 50, joined Apple in 1998 and was promoted to COO in 2004. He has long been Jobs' right-hand executive, heading up shareholders meetings and earnings calls with Wall Street investors, and acting as a figurehead at product introductions. … Read more

Randi Zuckerberg to leave Facebook to start social media firm

AllThingsD

Randi Zuckerberg, who is director of marketing at Facebook and also the sister of CEO and co-founder Mark Zuckerberg, is leaving the company after six years to start a new-media firm to help companies become more social.

In her resignation letter, which is below in its entirety, Zuckerberg said:

"I have spent my years at Facebook pouring my heart and soul into innovating and pushing the media industry forward by introducing new concepts around live, social, participatory viewing that the media industry has since adopted. We have made incredible progress, but there is still much to be done and other ways I can affect change. Now is the perfect time for me to move outside of Facebook to build a company focused on the exciting trends underway in the media industry."

Facebook confirmed the departure and in a statement said: "We can confirm Randi has decided to leave Facebook to start her own company. We are all grateful for her important service."

There was no comment from Mark Zuckerberg directly.

The company Randi Zuckerberg is creating is apparently called RtoZ Media, which is obviously a play on her name.

The move is likely to be much noticed, since Randi Zuckberberg has been at Facebook since its early days and has also been a high-profile and charismatic personality both inside the social-networking company and in Silicon Valley. She has been on maternity leave for last three months, after having her first child, and sources said she has told them that being away from the rapid-fire pace at Facebook has given her time to reflect on what she wants to do in the next phase of her career.

Presumably, leaving Facebook will give Zuckerberg greater freedom to work for a range of companies without a conflict. That said, it's unlikely she'll take on Google+ as a client.… Read more

Twitter gaffe sinks Congressman Weiner

Embattled Rep. Anthony Weiner (D-N.Y.) will resign his congressional seat later today, The New York Times and other news outlets are reporting.

Citing two people with knowledge of Weiner's plans, the Times said he will make his resignation official at 11 a.m. PT after facing pressure from colleagues in the House of Representatives to step aside.

Weiner made headlines last month when a revealing photo of a man wearing tight-fitting underwear was posted to his Twitter account. The congressman initially claimed that his Twitter account was hacked, but after more images and reports of Weiner engaging in … Read more

Systemax exec resigns, must hand over $11 million

Gilbert Fiorentino, head of Systemax's technology products group, has resigned in the face of undisclosed allegations, the company announced today.

Systemax, which sells computers and electronics online via the TigerDirect, CompUSA, and Circuit City sites, put Fiorentino on administrative leave last month. At the time, the company said that it was determining whether to terminate Fiorentino after completing an investigation into "anonymous whistleblower allegations" related to the company's Miami operations. The company's audit committee, which handles the financial side of the operation, conducted the investigation, according to a 10-K reported filed with the Securities and Exchange Commission in March.

Systemax has not divulged the exact nature of the allegations or whether its investigation turned up anything. … Read more

The 404 789: Where we're desperately clinging to our last peanut (podcast)

Natali Morris is letting go of her peanuts and leaving CNET, but she'll be here until April 29, which means there are only four more Natali Thursdays left! In this edition of The 404, Google is making news with its latest social networking effort, +1; the government is developing a panic button smartphone app; and Reddit users are defending the integrity of the board against link fraud!

The 404 Digest for Episode 789

Single tires are available for sale on Amazon.com. Today is World Data Backup Day--thanks, Reddit! 4chan sends us the Anonymous Bad Guy 404 Augmented Reality app. Uncle Henry shows us The 404 playing on a white iPad 2. Hard Wok Cafe logo mock-ups by Hai Ho and Robin--thanks!

Episode 789 Subscribe in iTunes (audio) | Subscribe in iTunes (video) | Subscribe in RSS Audio | Subscribe in RSS VideoRead more

Clearwire chairman to resign post today

The chairman of Clearwire's board of directors will resign his position today, according to a filing with the Securities and Exchange Commission.

Craig McCaw, who served as chairman for two years, did not resign over any disagreements with the company or over any matters pertaining to the company's operations or practices, according to the filing.

The company, which has visions of being a major player in the 4G wireless space, has been adding subscribers at a rapid clip as the WiMax technology has rolled out into cities. But the company has also hit a cash crunch and, last … Read more

Report: Hurd told contractor about EDS buy

Sexual harassment, inaccurate expense reporting, and now disclosing inside information?

The Wall Street Journal is reporting that former Hewlett-Packard CEO Mark Hurd revealed confidential company information to former contractor Jodie Fisher, whose claim that he sexually harassed her led to his resignation from the company this summer.

That bit of information reportedly came out of a letter written to Hurd by Fisher's lawyer Gloria Allred on June 29, which is what set off the board investigation into Hurd's activities. In the letter, Allred accused Hurd of sexually harassing Fisher, and that "Hurd told her of HP's … Read more

LG chief resigns as mobile sales dwindle

The chief executive of South Korean consumer electronics giant LG Electronics resigned today amid declining mobile phone sales, according to news reports.

Nam Yong will be replaced on October 1 by Koo Bon-joon, 59, who is the head of trading firm LG International, Reuters reported. The incoming CEO is a founding family member of the company and younger brother of LG Group Chairman Koo Bon-moo.

LG said Nam offered his resignation to take responsibility for company's poor management and performance. He was appointed in 2007.

Read more of "LG CEO resigns as mobile sales dwindle" at ZDNet … Read more