Verizon's New CEO Takes Over Starting Today
Hans Vestberg has assumed the role of Verizon's CEO, replacing long-time leader Lowell McAdam. The company announced the change in June. McAdam 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. Hans Vestberg, who previously served as the company's Executive Vice President, President of Global Networks, and Chief Technology Officer, takes on the top spot at Verizon. Vestberg has played a large role in developing the architecture for Verizon's fiber-centric networks, including its LTE 4G service and forthcoming 5G service. Vestberg previously worked for Ericsson. In June, Vestberg said, "I am humbled to be appointed CEO of Verizon at such an exciting and dynamic time for our company and industry. We are experiencing unprecedented changes in the way users interact in the digital world, and we are racing ahead to remain at the forefront of technology, connectivity and mobility." Vestberg has spent the past month in the field at Verizon locations learning the day-to-day activities of its employees.
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OnePlus has revealed its new lineup for 2020 — the OnePlus 8 and OnePlus 8 Pro — both of which have 5G. They also manage to pack larger batteries into slightly thinner bodies compared to their predecessors.
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Asus today said its CEO, Jerry Shen, plans to vacate his leadership role after a tenure of 11 years. Shen has been in various roles with Asus for more than 25 years, and oversaw the company's PC and phone businesses.
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T-Mobile's long-delayed mobile TV service won't launch in 2018 as originally planned and is now primed for a 2019 debut. Earlier this month reports suggested as much, and T-Mobile CEO John Legere confirmed the delay in a blog post.
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President Biden today revoked executive orders from the previous administration targeting Chinese-owned TikTok and WeChat. The old executive orders would have effectively banned the apps in the US as long as they remained under control by Chinese companies.
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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.