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executive

Oculus Rift app gives you a full beheading experience

Check out the newest killer app for the Oculus Rift head-mounted display: a guillotine simulator.

Created over the course of two days at Denmark's Exile Game Jam, the Disunion app takes an Oculus Rift wearer to the setting of an 18th century execution, complete with masked executioner and curious crowd. While the player awaits his beheading, he can look around at the stage and blade above him.… Read more

Most execs like patents, Intellectual Ventures study says

Patents are either the scourge of technology, or its savior -- depending on who you talk to.

Intellectual Ventures, a company that has quite a bit invested in the business of patents, talked to more than 200 top executives earlier this year, and now says the majority of those individuals are keen on the idea of patents.

The controversial Bellevue, Wash.-based technology company -- which CNET profiled extensively last August -- released the findings of that study, which is its first, on Monday. It partnered with PR firm Waggener Edstrom and research firm Research Now to accumulate the data. … Read more

Apple's senior execs dominate top 5 best-paid

When it comes to compensation, these days it's good to be one of Apple's top executives.

During Apple's 2012 fiscal year, four of its executives landed in the top five for highest compensation at a Standard & Poor's 500 company. But the folks that made it into that list might surprise you.

According to Bloomberg BusinessWeek, which collected compensation data from some of the world's top executives, Apple senior vice president of technologies, Bob Mansfield; CFO Peter Oppenheimer; general counsel Bruce Sewell; and operations chief Jeff Williams all made it into the top five for … Read more

Adobe CTO Kevin Lynch resigns, headed for Apple

Adobe Systems Chief Technology Officer Kevin Lynch announced plans today to leave the company and is headed for Apple to become its vice president of technologies.

Adobe says it's not replacing the CTO position, and instead is assigning those responsibilities to Adobe CEO Shantanu Narayen and SVP Bryan Lamkin.

News of the resignation came inside of a filing with the U.S. Securities and Exchange Commission, though not the move to Apple, which was reported earlier by CNBC.

From Adobe:

Kevin Lynch, Adobe CTO, is leaving the company effective March 22 to take a position at Apple We will … Read more

Samsung adds co-CEOs to company's executive lineup

Fresh from revealing the Galaxy S4, its new flagship smartphone, Samsung announced the addition of two new captains to help run the ship.

Presidents Boo-keun Yoon and JK Shin, who helped unveil the Galaxy S4 during a press event this evening in New York, have been appointed co-chief executive officers in recognition of their contributions to the company's recent string of record quarters. However, they won't be partners in charge; Oh-Hyun Kwon will retain his position as the company's chief chief executive officer and its chairman of the board, Samsung said

"The new leadership structure will … Read more

Obama signs long-awaited cybersecurity executive order

President Obama invoked the pageantry of his State of the Union address this evening to announce a long-anticipated executive order on cybersecurity, a move that caps months of discussions with technology companies and could reduce pressure on Congress to move forward with controversial new legislation.

The order will "strengthen our cyber defenses by increasing information sharing, and developing standards to protect our national security, our jobs, and our privacy," Obama said.

Obama's executive order doesn't propose new and potentially onerous regulations targeting private businesses, which Democrats had proposed in their unsuccessful legislation last year. It also … Read more

CEO of beleaguered HP made $15.4M last year

Meg Whitman, CEO of the struggling Hewlett-Packard, pulled in $15.4 million in compensation during fiscal 2012.

Her base salary may have been only $1, but, as reported by Reuters (which cited an HP filing made yesterday with the SEC), the former eBay chief and onetime California gubernatorial candidate was awarded a bonus of $1.7 million, along with stock options and the like valued at more than $13 million (most of which haven't yet vested).

The bonus was awarded under HP's "Pay for Results" plan, which considers performance benchmarks including revenue, free-cash flow, and achievement … Read more

Chinese authorities probe Foxconn bribery charges

Foxconn is cooperating with Chinese authorities investigating allegations that executives at the electronics manufacturer received illegal bribes from supply chain partners.

The company, which produces consumer electronics for companies such as Apple, Microsoft, Hewlett-Packard, Dell, and Sony, said in a statement that it brought in law enforcement officials to work with an internal audit team investigating the charges "against a number of Foxconn employees."

The statement comes after Taiwan-based Next Magazine reported that a Foxconn executive had been arrested in September as part of the allegations. When queried by CNET, a Foxconn representative declined to address whether an … Read more

Twitter shuffles top execs, names new COO and CFO

Twitter CEO Dick Costolo confirmed via tweet today that the massive social network is now being headed by a new chief operating officer and chief financial officer.

Ali Rowghani moves into the COO position from his previous post of CFO at Twitter. Rowghani has been with the social network since 2010, when he joined the company after serving as CFO for the Disney-owned Pixar Animation Studios. According to AllThingsD, Rowghani is known for multi-tasking at the social network and contributing to Twitter's Promoted Suite of ad products.

Mike Gupta moved into Rowghani's former position after working as the … Read more

Sony Network Entertainment chief Tim Schaaff to retire

Sony Network Entertainment boss Tim Schaaff is retiring.

Sony announced the news today, saying that he will be leaving the company on December 31. Starting January 1, Sony Computer Entertainment President and CEO Andrew House will take over Sony's Network Entertainment operation. According to Sony, Schaaff will stay on as a member of Sony Network Entertainment's board of directors.

Sony's Network Entertainment division has become an increasingly important aspect of the company's gaming value. The service allows users to access music and download videos. It's also home to Sony's video game store.

Schaaff joined … Read more