United States
Walt Disney CEO Robert Iger will step down from the post in year 2015, but will remain as an executive chairman till the summer of the subsequent year, the firm has whispered. Mr. Iger, 60, is going take on the position of chairman once John Pepper retires s from Disney forthcoming year.
If you live each day like it was your last, someday almost certainly you’ll be right”. This was Steve Jobs in his famous commencement speech to Stanford University in 2005 and on Oct. 5, 2011 at 56 it did turn out right for the world-class showman.
General Motors on Thursday reported its 1st annual profit since year 2004, capping an imposing turnaround by the once-troubled vehicle maker. The net income twigged from a rebound in United States sales, strong development in China -- now GM's largest marketplace -- and a much lower price structure after a 2009 trip through bankruptcy.
US President Obama has met Silicon Valley leaders, which includes Facebook founder Mark Zuckerberg. Apple's Steve Jobs and Google CEO Eric Schmidt had been also present at the confidential meeting in California.
The health of Apple's CEO is set to top the agenda at the company's annual general meeting, later today. Several shareholders are calling on the firm to make public its management succession strategy. Apple's fascinating founder, Steve Jobs, is at present on his 3rd medical leave of absence since being detected with pancreatic cancer in year 2004.
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