Veteran SAP CEO Abruptly Resigns Business-software maker SAP announced an abrupt strategic shift in the corporate suite with CEO Léo Apotheker resigning, to be replaced by co-CEOs Bill McDermott (left) and Jim Hagemann Snabe (right). |
A Telecom Italia-Telefonica Merger? The Italian government is in talks with Telecom Italia Spa about the phone company's strategic options, including a possible takeover by Spain's Telefonica SA, said a person familiar with the situation. |
U.S. Investigating Prius Brake Issues The Transportation Department is investigating brake problems in the 2010 Prius, the latest in a series of safety troubles at Toyota that have strained the Japanese company's relations with U.S. regulators. |
Ex-Yahoo Exec Lands at Chegg.com It took three years, but former Yahoo exec Dan Rosensweig believes he has found another great Internet gig. He is now CEO of Chegg.com, a startup that rents textbooks to cash-strapped students. |