Reddit’s CEO for the past three years, Yishan Wong, is out according to a new post by Y-Combinator head Sam Altman. Altman claims the resignation is the result of a dispute between Wong and the board about new office property and the budget for it.
After four years heading up the Franco-American giant, Verwaayen is resigning, but he will stay on board while Alcatel-Lucent finds his replacement.
One day after Philipp Humm’s surprise resignation from T-Mobile, Vodafone announced he has joined its ranks. Humm won’t just be supervising one of Vodafone’s numerous European subsidiaries – he will take charge of eight carriers in Northern and Central Europe.
Just a few hours after Oracle’s $7.4 billion acquisition of Sun Microsystems was approved, Sun CEO Jonathan Schwartz sent out an internal memo to employees discussing the impact the change in control would have. Go Oracle! he told Sun employees. There’s more to the story, though.