F500 roundup: Revolving door in Bangalore
Time for another roundup of the top dogs in tech, with names in bold for easy skimmin':
Apple drops out of India, cancelling 3000 planned jobs and sacking the staff, before CEO Steve ever got to visit. [CIOL]
Meanwhile, IBM moves into India. Tomorrow, IBM's CEO speaks in the former palace of a maharajah. A touch of symbolism? [NYT]
IBM, by the way, was convicted years ago for co-operating with Nazi Germany, something Yahoo CEO Terry Semel should worry about. [Sploid]
More wrap-up after the jump-down.
Terry Semel's new salary ($1, announced last week) is less the punishment he deserves and more a way to keep his taxes down as he collects millions in new Yahoo stock options. [Forbes]
Forbes admits what Google's CEO (pictured) won't: "But as charming as he is, [Eric] Schmidt runs Google about as much as much as the Dalai Lama runs the world's spiritual life." Oh snap. [Forbes]
Granted, the rest of that article gives a little too much credit to all the self-styled Googlestars manning the cubicles.
Google CFO George Reyes's brother, Greg Reyes, gets in the Merc News. Congrats, Greg! The former Brocade Communications CEO is being investigated for securities fraud to the tune of a few million bucks. [Mercury News]
As far as we know, Microsoft president Bill Gates still hasn't replied to the open letter from ZDNet writer Steve Gillmor, in which Steve: 1. asks Bill to retire, and 2. asks Bill to use Steve's product. (Some...trust...product...thing; I don't know, I didn't pay attention.) [ZDNet]
When the New York (behind-the-)Times says teens are leaving MySpace, it means they're already out of the building. [NYT]