Tuesday, May 22, 2012
Apple's Cook top-paid US CEO in 2011: report - Yahoo! News - Apple chief executive Tim Cook topped the list of the best-paid CEOs in the US in 2011 thanks to stock options that put him more than $300 million above his next rival, a Wall Street Journal survey showed Monday. Cook, who took the helm of the iPhone and iPad maker in August last year, two months before the death of founder Steve Jobs, clocked in total compensation of $378 million.
Can Facebook fall any further? More woe for Zuckerberg as experts say 'there's no bottom' to how far shares could plunge | Mail Online - Facebook has suffered a serious blow to its glittering reputation when its share price slumped by more than 10 per cent in just two days of trading since the firm's landmark IPO last Friday. And the pain could continue for the social network, as many analysts predict its value will continue to fall in the wake of the much-hyped but shambolic initial public offering of 421m shares. It means Facebook founder Mark Zuckerberg, who made $19bn on Friday has since lost $2.055bn in the three days since.
Monday, May 21, 2012
Does Dwight Howard's baggage outweigh his talent? | Jeff Schultz AJC - The Orlando Magic, in an expected move, fired coach Stan Van Gundy, ostensibly because Howard wanted him out. Even before Van Gundy went public late in the season that Howard was trying to get him fired, it was clear the two were in an unworkable situation. -- Van Gundy is a terrific coach, one of the NBA’s best, in my opinion. Critics banged on him for outing Howard publicly. But given that the franchise centerpiece had been stabbing him in the back for months to management, undermined his authority in the locker room and wrecked any conceivable chance Orlando had of succeeding this season, I had no problem with it. Fact is, Van Gundy probably gained a lot respect around the league for it (certainly within the coaching fraternity and with the media).
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