LG Electronics appoints TV and mobile chief as its new CEO

    Seoul: LG Electronics Inc. has said it has appointed Brian Kwon, head of the firm’s TV and mobile business, as its new chief executive officer (CEO). The board of directors at the Korean tech giant picked Kwon to replace incumbent CEO Jo Seong-jin, who took the top post in 2016. Jo, nicknamed “Legend of the Washing Machine,” has […]

    Uber Needs a Tim Cook. Can Its New CEO Deliver?

    Some Uber observers were sarcastically relieved that new CEO Dara Khosrowshahi’s first meeting with employees on Wednesday went without a single sexist gaffe. That part of Uber’s history is probably behind it, given Khosrowshahi’s reputation for low-key levelheadedness and the stellar record of his former company, Expedia, in hiring women (they make up 52 percent of its staff and a quarter […]

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    Now What? CEO Asks Users How to Improve Twitter

    Has the future of Twitter (NYSE:TWTR) come down to this — asking users for ideas on how to grow? It seems so. On Thursday, Twitter CEO and co-founder Jack Dorsey took to the site soliciting ideas for Twitter’s future. Follow jack ✔@jack Following in the footsteps of Brian Chesky: what’s the most important thing you […]

    Samsung Electronics CEO Says Firm Must Learn From Crisis

    Samsung Electronics CEO Says Firm Must Learn From Crisis Samsung Electronics Co Ltd Chief Executive Kwon Oh-hyun on Tuesday said the South Korean tech giant must improve, as it reels from the costly withdrawal of its Galaxy Note 7 smartphone. Without referring directly to the failure of the fire-prone Galaxy Note 7s, Kwon said in […]

    Facebook CEO Says Group Will Not Become a Media Company

    Facebook CEO Says Group Will Not Become a Media Company Facebook will not become a media company, its founder and CEO Mark Zuckerberg said on Monday, telling students the firm would remain a technology platform. An increasing number of users are turning to social media networks, such as Facebook and Twitter, to find their news, […]

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    JCPenney CEO Says Company’s Future Will Depend Less On Apparel

    New York: JCPenney has always been the go to place where Americans shopped for affordable clothing for their family. But the Plano, Texas-based department store chain announced on Friday that it must reduce its dependency on clothing and follow where the shoppers are spending their money: services and other products like appliances. While part of […]

    AMD CEO Says Expects to Return to Operating Profit in H2 2016

    US semiconductor maker Advanced Micro Device Inc expects to return to operating profitability in the second half of this year, Chief Executive Lisa Su said Wednesday. “I expect our revenue to grow for the full year,” said Su, speaking on the sidelines of the Computex technology trade show in Taipei. In mid-April, AMD reported first-quarter […]