Facebook CEO says group will not become a media company

ROME (Reuters) - Facebook Inc. will not become a media company, its founder and CEO Mark Zuckerberg said on Monday, telling students the firm would remain a technology platform.

from Reuters: Top News http://ift.tt/2c4qtbz
via IFTTT

Ex-Comverse CEO pleads guilty to fraud, a decade after fleeing U.S.

NEW YORK (Reuters) - The former chief executive officer of Comverse Technology Inc pleaded guilty on Wednesday to securities fraud, a decade after he fled to Namibia from the United States to avoid prosecution.

from Reuters: Top News http://ift.tt/2c7KcLh
via IFTTT

Viacom says CEO Dauman to resign post immediately; Dooley steps in

NEW YORK (Reuters) - Viacom Inc said on Saturday that Chief Executive Philippe Dauman will resign immediately, marking a victory for the family of controlling shareholder Sumner Redstone in the battle for the $40 billion media empire.

from Reuters: Top News http://ift.tt/2b8U29T
via IFTTT

Incoming Viacom CEO plans investor campaign as shakeup looms

NEW YORK (Reuters) - As Viacom Inc prepares to announce the impending departure of CEO Philippe Dauman, his interim replacement, Thomas Dooley, is planning to reach out to investors, setting a new tone for a company that has kept communications minimal.

from Reuters: Top News http://ift.tt/2bIrPev
via IFTTT

Exclusive: Monte dei Paschi CEO, former chairman under investigation - source

FLORENCE, Italy (Reuters) - The chief executive of Monte dei Paschi di Siena , Fabrizio Viola, and the Italian bank's former chairman, Alessandro Profumo, are under investigation for alleged false accounting and market manipulation, a source with knowledge of the matter said.

from Reuters: Top News http://ift.tt/2bq65U2
via IFTTT

SolarCity slashing costs, including CEO pay

LOS ANGELES (Reuters) - SolarCity Corp on Wednesday said it would cut operating costs, including slashing its chief executive's salary, to bring expenses in line with its reduced solar installation outlook.

from Reuters: Top News http://ift.tt/2b5r1gX
via IFTTT

Trump flops with Silicon Valley donors; Clinton falls short, too

(Reuters) - When Hewlett Packard Enterprise CEO Meg Whitman announced last week that she wouldn't vote for her party's presidential nominee, Donald Trump, she pledged to raise money for the Democratic candidate, Hillary Clinton, and to urge like-minded Republicans to follow suit.

from Reuters: Top News http://ift.tt/2b0oaFm
via IFTTT