As one might imagine, Apple’s shareholders did not take the news of Steve Jobs’s medical leave of absence well. And learning that his “health-related issues are more complex” than first believed certainly didn’t help matters. After trading resumed, Apple shares tanked, plummeting eight percent to $78.50 (and knocking about $6.4 billion off the company’s market cap) before recovering a bit.
Trading in Apple shares was halted this afternoon when the company announced that Apple CEO Steve Jobs is taking a medical leave of absence until the end of June. Apple COO Tim Cook will handle day-to-day operations in his absence. And Jobs is to remain involved in major strategic decisions. Jobs broke the news to investors in the following memo…
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more »
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