200 staff to depart as Spark adds new executives to top "squad"
Spark is adding a marketing executive and general counsel to its leadership team as 200 are not offered contracts under new Agile model.
Spark is adding a marketing executive and general counsel to its leadership team as 200 are not offered contracts under new Agile model.
In the wake of lackluster earnings, Lenovo said it is working towards pumping out products faster from its newly acquired Motorola Mobility division.
When Google announced on Monday that it would create a new holding company called Alphabet, of which Google Inc. will be just one part, Larry Page said the new structure would allow the company to get more ambitious things done. But there was still a lot that he didn't say.
Google may be best known for its ubiquitous search engine, but it has long been associated with seemingly whimsical ventures into areas as diverse as self-driving cars, drones and human aging. On Monday, it took a step toward making those "side" ventures more legitimate -- and more transparent.
As part of a corporate reshuffle announced Monday, Sundar Pichai has been named the CEO of Google as it becomes a subsidiary of a new company called Alphabet. It's yet another step up for the 43-year-old executive who has been on a meteoric rise through Google's corporate structure.
It's been two months since Steve Ballmer unfurled his plan to restructure Microsoft's operations, and inquiring minds would like to know what stage the process is at.
Steve Ballmer's grand plan to reinvent Microsoft has garnered mixed reviews from industry analysts, ranging from enthusiastic endorsements to frowning skepticism.