Ginni Rometty, the first female CEO in the history of the 100-year- old International Business Machines, or IBM, is leaving the helm in April. Rometty, 62, will remain Big Blue’s executive chairwoman until the end of the year. Her departure, announced Thursday, ends nearly 40 years with a technology giant famous for its conservative corporate […]
During a conference call discussing its year-end financials yesterday, Electronic Arts revealed that it laid off approximately 900 employees worldwide as part of an “organizational restructuring” initiative. Emphasizing that its business was in a period of transition due to the coming launch of next-generation consoles, EA CFO Blake Jorgensen announced company-wide plans to “reduce [its] […]
HTC today warned that revenue for the first quarter of the year will be down 17% compared the fourth quarter of last year. HTC has had a decline in sale for about 18 months, and today announced plans to enter the entry-level smartphone market. HTC spent the last 14 months focusing on mid-level and high-end […]
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