Tag Archives: CEO

T-Mobile officially completes merger with Sprint, Legere steps down as CEO

T-Mobile officially completes merger with Sprint as Legere steps down as CEO

After years of rumors, months of hearings and legal negotiations with US regulators, and almost two years after the initial announcement, T-Mobile US officially announced its merger with Sprint. The $23 billion deal combines the #3 and $4 carriers in the US (in terms of subscribers) into “The New T-Mobile”. …

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COVID-19: Tesla CEO Elon Musk Offers to Make Ventilators

COVID-19: Tesla CEO Elon Musk Offers to Make Ventilators

Tesla CEO Elon Musk has offered to make medical ventilators from its Fremont, California factory for coronavirus sufferers. Responding to Pakistan’s Science and Technology Minister Fawad Chaudhry, a tweet from a Musk said the company would make ventilators if there is a shortage. “Please repurpose your factory to make ventilators …

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Twitter strikes deal with Elliott and Silver Lake, Dorsey remains CEO

Twitter strikes deal with Elliott and Silver Lake, Dorsey remains CEO

Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Twitter has reached a deal with investment firms Elliott Management and Silver Lake, the company announced Monday. The deal comes after Elliott’s …

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Twitter CEO Jack Dorsey to ‘Reconsider’ Africa Plans, Partly Over Coronavirus Fears

Twitter CEO Jack Dorsey to

Twitter chief executive Jack Dorsey said Thursday he is rethinking plans to spend as long as six months in Africa, partly due to concerns over the new-coronavirus epidemic. The news came with Dorsey facing a challenge from an activist investor seeking to oust the social media executive, who is also …

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JPMorgan says CEO Jamie Dimon is recuperating after emergency heart surgery

JPMorgan says CEO Jamie Dimon is recuperating after emergency heart surgery

JPMorgan said Thursday that CEO Jamie Dimon is recuperating after having emergency heart surgery to repair an acute aortic dissection. Co-presidents Daniel Pinto and Gordon Smith sent a memo to employees and shareholders which said Dimon underwent successful emergency heart surgery and was alert and doing well:  “We want to let you …

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Coca Cola Plans To Double India Business In 5 Years, Says CEO James Quincey

Disruptions Cause Some Degree Of Problems For Businesses: Coca-Cola CEO On Delhi Violence

Coca-Cola CEO James Quincey said his company sees “a lot of long-term potential in India” Coca-Cola chairman and chief executive officer James Quincey said on Monday that disruptions such as the recent violence in Delhi do create “some degrees of problems for businesses”. During an interaction with the press in …

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Jack Welch, former GE CEO, is dead

Inside the quest to save GE

Welch became CEO of GE in 1981 and led it until his retirement in 2001. “Today is a sad day for the entire GE family,” GE CEO Larry Culp said in a statement. “Jack was larger than life and the heart of GE for half a century. He reshaped the …

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Jack Welch, former chairman and CEO of GE, dies at 84

Jack Welch, former chairman and CEO of GE, dies at 84

Jack Welch, a railroad conductor’s son who became chairman and CEO of General Electric and led it for two decades, growing its market value from $12 billion to $410 billion, has died. He was 84. Welch died late Sunday at home, surrounded by his wife, Suzy, and family, and his beloved …

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Billionaire Republican buys major Twitter stake, may oust CEO amid GOP concerns of bias, reports say

Billionaire Republican buys major Twitter stake, may oust CEO amid GOP concerns of bias, reports say

A billionaire Republican megadonor has purchased a “sizable” stake in Twitter and “plans to push” to oust CEO Jack Dorsey among other changes, according to new reports, raising the prospect of a shocking election-year shakeup of the social media platform that conservatives have long accused of overt left-wing political bias. Paul Singer’s …

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