Bob Moffat, the high-ranking, kilt-wearing IBM executive arrested in the Galleon insider-trading case, has traded his temporary leave of absence for a permanent one. According to a brief message posted to IBM’s internal Web site, Moffat, head of IBM’s Systems and Technology Group, has left the company in the wake of the Galleon affair.
Speaking at Apple’s music event, CEO Steve Jobs, in his first public appearance since his medical leave of absence, introduces iTunes 9. After noting that iTunes is the largest music store in the world, boasting some 100 million accounts, Jobs rattles off some of the software’s new features. Among them: Genius Mixes and improved synching. The latter enables more specific synching and supports a new way of managing applications for the iPhone and iPod touch with a nice drag-and-drop feature. Very easy to organize and reorganize applications. The crowd really likes this one.
What happened between Apple’s January 5 disclosure of Steve Jobs’s “hormonal imbalance” and the company’s January 14 announcement that the CEO would be taking a six-month leave of absence? That’s the focus of an ongoing Securities and Exchange Commission probe into Steve Jobs’s health, an investigation that seems to, well, be going nowhere.
Obama appointee Vivek Kundra’s new job as chief information officer has gotten off to an inauspicious start. After just a week on the job, Kundra is taking a leave of absence following an FBI raid on the District office he previously led. Yusuf Acar, a D.C. government official who previously worked for Kundra, was arrested on bribery charges this week.
Talk about fortuitous timing. With the newswires full of stories about Apple and all attention focused on CEO Steve Jobs, his health and his medical leave of absence, Motorola announced it’s laying off 4,000 workers in 2009, with 3,000 of them in the company’s flagship mobile phone division.
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.
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