Samsung Names New Executives
Samsung today made sweeping changes to its leadership. The news comes several weeks after Kwon Oh-hyun, CEO and Vice President of Samsung Electronics Corp., announced plans to step down from his leadership role with the company. Samsung said Presidents Kinam Kim, Hyunsuk Kim, and Dongjin Koh will succeed Kwon and Presidents Boo-Keun Yoon and Jong-Kyun Shin, respectively, as heads of the display, consumer electronics, and integrated circuit divisions. Samsung said it will maintain a structure with three co-CEOs. Additionally, President Sang-Hoon Lee will leave his position as CFO. The leadership changes are effective immediately. The move helps fill the leadership vacuum left by Kwon and Samsung scion Jay Y. Lee, who was arrested on bribery charges earlier this year.
Apr 4, 2018
Facebook today made significant changes to its platform as it continues to deal with the fallout from the Cambridge Analytica breach. To start, the company now believes Cambridge Analytica was given improper access to the data of as many as 87 million people, mostly U.S.
Nov 28, 2018
LG today announced leadership and organizational changes that it hopes will improve the fortunes of its mobile business unit, which has suffered losses perennially. The current head of LG's Home Entertainment Company, Brian Kwon, will add the Mobile Communications Company to his plate.
Jul 13, 2020
US carriers have launched a flurry of new entry-level phones from LG and Samsung in recent weeks. The phones include three new models from each of the two manufacturers.
Jun 8, 2018
Verizon Communications today said long-serving Lowell McAdam will vacate his position as CEO on August 1. He will remain with the company as Executive Chairman of the Board through the end of the year, and then transition to a Non-executive Chairman role in 2019.
May 8, 2018
Google today refreshed its Google News product with new features powered by artificial intelligence. News will scan everything on the web and match what it finds with user preferences and favored sources to create new summaries and suggestions.