CEO Archives - VR World

AMD, Analysis, Breaking, Business, Companies, Exclusive, US, VR World

AMD to Go Private, Split into AMD and ATI Again?

Friday evening in the U.S. is typically the ideal time for a media outlet to break a story that could wreak havoc on Wall Street on Monday morning, leaving just the enough time to gather traction and positioning on search engines. Thomson Reuters probably did just that. Hot on the heels of successful APU and GPU announcements, with the launch of its “Carrizo” APU and Radeon 300 graphics cards, as well as breakthrough Fiji graphics processor; AMD’s stock finally started to post healthy gains. After being ‘in the wild’, losing 40% of its value over the past 12 months, falling to levels last seen in

Business, Graphics, Hardware, VR World

AMD Appoints Dr Lisa Su as CEO, Replaces Rory Read

As we had reported earlier, the race to replace Rory Read as CEO between John Byrne and Lisa Su had been heating up for quite some time and now that race is over with today’s announcement. In today’s announcement, Dr. Lisa Su replaces the current CEO Rory Read who was more of a caretaker CEO for the company as they came out from the verge of collapse under the rule of Thomas Seifert. According to a statement from AMD’s investor relations, Read will continue to be with AMD (NASDAQ:AMD) in order to support the transition in an advisory role, remaining with the company through the

Business, Mobile Computing, VR World

GT Advanced CEO Sold Millions Before Bankruptcy

GT Advanced’s CEO, Tom Gutierrez, sold millions of dollars worth of shares including some $160,000 worth days before the company’s chapter 11 bankruptcy filing

Hardware, VR World

Thermaltake’s Ultimate Remake: Level 10 Titanium

According to a picture recently published by Kenny Lin, CEO of Thermaltake Technology, the company is getting ready to announce its ultimate product, another take on the successful collaboration with the BMW Design studios in California. The company did not release any official information about the part, with the exception being a higher-than-usual price tag due to the type and quality of materials used. The name “Titanium Edition” comes from the material being used and it will probably end up being a sight to behold. When the original Level 10 appeared on the market, it was one of first, if not the first PC case to

Analysis, Android, Business, Hardware, Mobile Computing, Operating Systems, Opinion, Software Programs, VR World, Windows Phone

Microsoft to Lay Off 18,000, Most Ever in Company History

As Microsoft’s Satya Nadella takes the reigns of the company, it appears as though he’s pushing for some serious blood letting from within the company that currently employs 125,000 people. This enormous 18,000 person layoff figure is mostly thanks to their acquisition of Nokia’s handset and mobile division, which brought on 25,000 people. Out of the 18,000 figure, nearly 12,500 will come from the former Nokia division that they had acquired, which is somewhat to be expected but also incredibly infuriating. Sure, there are going to be a decent amount of redundancies between Nokia and Microsoft, but this amounts to a 50% cut of all

Analysis, Cloud Computing, Opinion, Software Programs, VR World

Goldman Sachs and Merrill Lynch Are Trying to Scrub The Web

Within the past few days there have been multiple stories of banks trying to scrub the web of their mistakes. One story involves a Goldman Sachs contractor accidentally sending an email to a random Gmail user instead of sending it internally to a Goldman employee (@gmail.com vs @gs.com). In the story, Goldman Sachs demands that Google delete or ‘unsend’ the email from the Goldman contractor to the Gmail user. Unfortunately for Goldman, Google really has no reason to comply with Goldman’s request even if it was entirely erroneous. Goldman went as far as to sue Google in court demanding that they ‘unsend’ their email from

VR World

AMD's Latest Restructuring: Let the Race for CEO Begin?

So, AMD announced that they would be reshuffling the company’s corporate structure which includes some business unite consolidation and executive shuffling. First and foremost, they would be appointing Dr. Lisa Su as the COO from her current position as Senior Vice President and GM of Global Business Units. Anyone that knows how AMD works and what Dr. Lisa Su has been doing already knows that she’s effectively been the COO for quite some time and that the company had actually vacated that position a long time ago. Keep in mind that AMD’s current CEO, Rory Read, was once COO of Lenovo before he came from

Business, Mobile Computing, VR World

Qualcomm Spins off Gimbal Business Unit into Gimbal, Inc.

Gimbal today quietly announced that they had spun themselves off from Qualcomm. Gimbal was part of Qualcomm’s foray into wireless retail and helps retailers communicate more easily with their audience within a close proximity, giving them relevant information and valuable offers. We actually met with Gimbal’s now CEO, Rocco Fabiano, back in September to talk about Gimbal and what it enables from both the retailer and the consumer perspective. The technology itself is very promising and will likely get slow uptake in the retail industry as many retailers look for new ways to communicate with their customers. Below, we’ve got a video for you to get an

Business, Mobile Computing, VR World

Qualcomm Spins off Gimbal Business Unit into Gimbal, Inc.

Business, Enterprise, Hardware, VR World

Microsoft Board Names Satya Nadella CEO, Gates Steps Down as Chairman

Microsoft’s CEO search has finally ended with the appointment of Satya Nadella to CEO by Microsoft’s Board of Directors. They have finally selected someone to replace Steve Ballmer after the sudden and unexpected announcement of his departure. Microsoft’s CEO search started with people like Ford’s current CEO Allan Mulally and Qualcomm’s soon-to-be CEO Steve Mollenkopf, who actually got the position earlier than anyone had expected because of Microsoft’s offer to make him CEO. Qualcomm obviously couldn’t let that happen so instead they promoted Mollenkopf from COO to CEO earlier than anyone would have expected. There are some very interesting parallels between the two companies but

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