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News

• Tidal CEO out after three months on the job

  Tidal, the music streaming service owned by rapper and music producer Jay-Z, has just lost its second CEO this year.

• Twitter looking for a 'full-time' CEO, deflating Dorsey's candidacy

  A week and a half after Dick Costolo announced that he would be stepping down from the CEO role at Twitter, the company's board of directors has sent a shot across the bow of one of the expected front-runner candidates to take the social network's top job.

• Oracle taps former HP exec Donatelli for key hardware role

  Confirming rumours dating back to as early as March, Oracle has announced it has appointed former Hewlett-Packard executive David Donatelli as executive vice president for converged infrastructure.

• EU faces IT staff shortfall of 825,000, redoubles training

  The European Union faces a huge shortfall of qualified IT staff in Europe by 2020, prompting EU countries to redouble efforts to offer technology training.

• Four challenges for Twitter's next CEO

  Dick Costolo has stepped down as CEO of Twitter after five years on the job, relinquishing his post amid longstanding problems including sluggish growth and frequent abusive comments posted to the social network. Twitter cofounder Jack Dorsey, who is also CEO of Square, will be interim CEO when Costolo steps down on July 1.

• Twitter CEO, Dick Costolo, steps down

  Embattled Twitter CEO, Dick Costolo, will be leaving the social networking company on July 1, according to an SEC filing the company made public on Thursday.

• Twitter CEO Dick Costolo steps down

  Embattled Twitter CEO Dick Costolo will be leaving the social networking company on July 1, according to an SEC filing the company made public Thursday.

• Jesse Jackson wants Google to invest in startups led by Blacks, Latinos

  Civil rights leader Rev. Jesse Jackson asked Google to make an amendment to its governance byelaws to make a search for women and people of color a must before filling board positions, as part of his push to get higher representation for women and certain ethnic groups in tech companies.

• Facebook says 'oui' to AI with Paris research team

  Along with its enormous success, Facebook has a giant, growing TMI (too much information) problem: how to help its almost one and a half billion users sort through the onslaught of news reports, photos, messages, and posts generated on the social network around the world every day.

• Ellen Pao will appeal ruling in sex discrimination case

  Former venture capitalist Ellen Pao intends to file an appeal against a March decision in a sex discrimination lawsuit.

• CA names Xbox cofounder its new CTO

  Xbox cofounder Otto Berkes may have spent the bulk of his recent years focusing on consumer technology, but his next career move will be set squarely in the enterprise arena, as CA Technologies on Monday announced that it recruited him to serve as its next CTO.

• BlackBerry cutting staff in smartphone unit

  BlackBerry plans to lay off an unspecified number of staff in its devices unit, as it attempts to make that business profitable, while expanding in other areas.

• Survey claims New York startup scene is more innovative

  A new survey is attempting to kick-start a rivalry between New York and Silicon Valley, claiming tomorrow's innovative tech companies will pick east over west to set up shop.

• Alibaba won't last without expanding globally, new CEO says

  After taking over the reins, Alibaba Group's new CEO has made global expansion a top priority for the Chinese e-commerce giant.

• Alibaba names new CEO as revenue jumps

  Though Alibaba Group is succeeding in generating more revenue from mobile, it is nevertheless shuffling executives, elevating its chief operating officer Daniel Zhang to CEO in the face of a stock-based compensation program that has depressed profit.