Sea Sonic is entering a new phase, as long-time CEO, Vincent Chang, is stepping down. He'll remain Chairman of the Board, but the CEO spot will now be filled by Eric Lan, who has previously held executive positions in Taiwan semiconductor and electronics companies. According to the announcement, Lan brings …
Read More »NYC lawsuit claims Kotick was ‘unfit’ to negotiate Activision Blizzard sale to Microsoft
Activision Blizzard CEO, Bobby Kotick, has come under fire over the last year, with thousands of employees campaigning to oust him from the company. Instead of stepping down, Kotick decided to negotiate a lifeline deal from Microsoft, something that New York City politicians aren't too happy about. In a new …
Read More »Intel CEO predicts chip shortage will continue until 2023
We've been hearing time and again that the ongoing chip shortage is likely going to continue into 2022 and it seems new strains and the continued spread of COVID-19 have assured that. This week, Intel CEO, Pat Gelsinger reaffirmed that he expects the chip shortage to remain an issue until …
Read More »Activision Blizzard CEO will ‘consider leaving’ if on-going issues can’t be ‘quickly fixed’
Activision Blizzard continues to make headlines this week, as sources have claimed that CEO, Bobby Kotick, may be willing to resign if current on-going issues at the studio can't be quickly fixed. Calls for Kotick to step down have grown louder in recent weeks, after a report from The Wall …
Read More »Bob Swan to step down as Intel CEO
Intel has announced that CEO Bob Swan is to step down on February 15. He will be replaced by Pat Gelsinger, current CEO of VMWare. The move comes almost exactly a year on from Bob Swan's appointment as CEO in January 2019, and Intel maintains the announcement is ‘unrelated' to …
Read More »Activision investors argue that CEO is paid too much
Activision CEO, Bobby Kotick, has come under fire this week as some shareholders are beginning to argue that he is paid too much. Specifically, Activision's top brass are accused of “irresponsible and unethical corporate behaviour and excessive executive pay”. Activision Blizzard is a giant in the industry, pulling in billions …
Read More »Sony Interactive Entertainment gets a new CEO and explains E3 absence
Sony Interactive Entertainment (SIE) is shaking things up, with former PlayStation Europe head Jim Ryan replacing the current president and CEO. It seems as though Ryan’s vision for the company is much more in line with other executives, as SIE chairman Shawn Layden tries to shed new light on why …
Read More »Robert ‘Bob’ Swan has been named Intel’s seventh CEO
Following seven months acting as Intel’s interim CEO, Robert ‘Bob’ Swan has announced that he will assume the role full time.
Read More »Intel narrows down list of potential CEOs, may hire from outside for the first time
Intel has been without a long-term CEO since June, when Brian Krzanich stepped down after violating policy. Over the last 50 years, Intel has exclusively hired its CEOs from in-house but that could change this year as the company is reportedly taking meetings with a few outside of the company. …
Read More »Crytek’s CEO and president has stepped down
The last couple of years have been rough for Crytek, with staff leaving and wages going unpaid as financial issues set in. However, the studio appears to be back on its feet for the time being and going forward, Crytek will have new leadership as Cevat Yerli has stepped down …
Read More »Oculus VR is looking for a new CEO following business split
Oculus VR has completed a major restructuring of its business, splitting its venture into two distinct divisions. One will focus entirely on improving the PC virtual reality experience and will be headed by now ex-CEO, Brendan Iribe, who wanted a more hands-on role with the company. Oculus is now on …
Read More »Oculus CEO hacked using four year-old MySpace password
Brendan Iribe, the CEO of Oculus VR, has become the latest technology executive to have his social media accounts hacked, with a particular individual claiming responsibility for it on Twitter, announcing themselves as the new head of Oculus. Purportedly, they were able to crack his accounts by discovering his four-year …
Read More »Yahoo investor goes rogue, wants to take over the company
A major investor of search and advertising giant Yahoo, has announced its intention to take control of the company through dominating the board of directors. To make that happen, it's put forward nine candidates and has asked fellow investment firms to join with it and help those members get elected, effectively …
Read More »Apple joins firms calling for block of Snooper’s Charter
It didn't take long for politicians to jump on the recent attacks in Brussels, as further evidence that the Theresa May driven Investigatory Powers Bill, more colloquially known as the Snooper's Charter, is needed. This despite many of the world's major tech firms claiming otherwise and now Apple has joined the likes …
Read More »Mark Zuckerberg wants to build AI to run his home
It looks like Mark Zuckerberg wants to try his hand at being Tony Stark as the Facebook CEO has set himself a goal of building artificial intelligence system to help run and control his home this year- Arnold Schwarzenegger even offered to be the voice of it. Zuckerberg set himself …
Read More »Ninjas in Pyjamas eSports team fires CEO over non-payment
There's trouble in the eSports scene once again, proving that even the paradise-sounding world of professional video game playing, there are pitfalls. One of them is your CEO just not paying you, as appears to have happened in the case of Swedish gaming outfit, Ninjas in Pyjamas. While no concrete admissions …
Read More »Mt Gox CEO charged with embezzling bitcoins
The former CEO of Mt Gox, Mark Karpelès has been officially charged with embezzlement by Japanese prosecutors. The former head of the Mt Gox Bitcoin exchange is said to have embezzled ¥321 million or £1.7 million. The exchange itself fell apart in 2014 after hundreds of thousands of Bitcoins disappeared …
Read More »John Smedley steps down from Daybreak to head new company
Its official, John Smedley has left Daybreak Studios for good, after stepping down as President in order to take some time away following a series of personal attacks alongside some high-profile DDOS attacks on the company's game servers. It was initially thought that Smedley would return to the former SOE …
Read More »Spotify swiftly apologises following privacy concerns
Earlier today, Spotify updated its terms and conditions and thanks to the wording, it sounded like the streaming service wasn't taking user privacy very seriously at all. Fortunately, the company's CEO, Daniel Ek, is eager to clear things up a bit and try to stop people from freaking out. In …
Read More »Daybreak boss steps down as CEO, takes extended break
John Smedley has stepped down from his role as CEO of Daybreak, the company behind H1Z1, with plans to take a break before returning to a lower profile role, following an extended campaign of personal and professional attacks against him by hackers. A Daybreak spokesperson wished him all the best and …
Read More »Nintendo’s Satoru Iwata passes away at 55
30 year Nintendo career man and eventual CEO of the much lauded game maker, Satoru Iwata, has died, passing away at 55 from bile duct growth. Seen as the man behind many of Nintendo's successes in the past decade, Iwata once claimed that while his head was that of a …
Read More »Former Nokia CEO is leaving Microsoft
Last year, Microsoft officially acquired Nokia, the company's mobile division swiftly merged with Microsoft and quite a few key employees stayed on. However, now around a year later, Nokia's former CEO, Stephen Elop, is leaving Microsoft, alongside a few other key members of the Nokia mobile team as Microsoft re-organizes its …
Read More »Zynga to cull another 350+ staff
Zynga has fallen far from its peak when share prices were good and tens of millions of people played its games every day via Facebook. It still makes a reasonable living from its various freemium titles, but things aren't what they once were. Which is perhaps why the higher ups …
Read More »CCP Games head thinks we might be overestimating VR
We might be overestimating virtual reality, according to CCP Games CEO, Hilmar Veigar Pétursson. Those are big words coming from the head of the studio making one of the most promising virtual reality projects so far, Eve Valkyrie. According to Pétursson, right now “people tend to overestimate what we will …
Read More »eBay CEO defends Google in EU anti-trust case
You have probably heard by now that the European Commission really has it out for Google and recently escalated its case against the company, which could result in a massive fine. However, it looks like at least eBay has Google's back, as CEO, John Donahoe has debunked the EU's monopoly …
Read More »Lenovo CEO may have shown off the next Moto 360
Lenovo's CEO may have inadvertently shown off the successor to Motorola's smartwatch, the Moto 360. Yang Yuanqing posted in image to social network, Weibo, showing off a briefcase of Motorola smartwatches, although the units differed from the Moto 360 we all currently know. The aim was to show off the …
Read More »Amazon CEO says Fire Phone was a ‘smart failure’
It is safe to say that the Amazon Fire phone hasn't lived up to the company's hopes or expectations, failing to appeal to both critics and consumers but at least Amazon isn't under any delusions as CEO, Jeff Bezos categorizes the device as a “smart failure”. Speaking with NBC, Bezos …
Read More »Oculus needs Sony to get VR right says Iribe
Oculus VR is one of the world's biggest start up success stories of recent years. Just two years after creating his first prototype and showing it off to John Carmack, founder Palmer Luckey sold his fledgling virtual reality company to Facebook for a cool $2 billion earlier this year. But …
Read More »Former EA head appointed Unity CEO
The former head of EA, John Riccitello, has now been appointed as the new CEO of Unity Technologies while company co-founder and ex-CEO, David Helgason, will be taking a step back to serve as the Executive Vice President of Strategy and Communications. Riccitello had resigned from EA during March of …
Read More »Facebook doesn’t even know what to do with Whatsapp
Earlier this year, in a slightly surprising move, Facebook acquired popular messaging app, Whatsapp, for £13.6 billion ($22 billion). You'd think that a company paying out that much would at least have a plan to make that money back, right? It turns out that Facebook CEO, Mark Zuckerberg has no …
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