Tag Archives: ceo

Two CEOs Can Be Better Than One

MU study finds executives with shared responsibilities succeed and provide value to shareholders

COLUMBIA, Mo. – Many believe that two corporate heads are not better than one. However, a University of Missouri researcher has found that more companies have co-CEOs than previously though and that having two people in the senior leadership position is actually very successful for businesses. (more…)

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Microsoft Ready to Turn Advertising Upside Down

*Microsoft is “just scratching the surface” of what’s coming in digital advertising, said CEO Steve Ballmer. He spoke at Imagine 2011, the company’s advertising and marketing thought leadership conference.*

REDMOND, Wash. – March 31, 2011 – While Microsoft Advertising was busy on Wednesday helping T-Mobile stream a live Ellie Goulding concert across three screens, a first for both companies, CEO Steve Ballmer was thinking of the next big opportunity in advertising.

Microsoft has “a deep drive, commitment, and a lot of great work going on in all of our great brands to let our clients and consumers take advantage of the next generation of technology,” said Ballmer, speaking Wednesday at Microsoft’s Imagine 2011 marketing leadership summit. (more…)

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Amazon Web Services Launches Amazon Route 53, a New DNS Service in the Cloud Enabling Businesses to Direct Internet Traffic to Web Applications

*AWS customers can now access a highly available DNS system with pay-as-you-go pricing and no minimum usage commitments*

SEATTLE, Dec 06, 2010 (BUSINESS WIRE) — Amazon Web Services LLC (AWS), an Amazon.com company, today announced Amazon Route 53, a Domain Name System (DNS) web service giving developers and businesses a highly available and reliable way to route Internet traffic to web applications by translating human readable names into numeric IP addresses. Amazon Route 53 can be used to route end users to multiple AWS services including Amazon EC2, an Amazon Elastic Load Balancer or an Amazon S3 bucket, and to infrastructure outside of AWS. The Amazon Route 53 global network of DNS servers is designed to automatically respond from the optimal network location, resulting in low DNS query latency for end users. Route 53 features a familiar, self-service design with an affordable pay-as-you-go model where customers pay only for managing domains through the service and the number of queries that the service answers. To get started using Amazon Route 53, visit: https://aws.amazon.com/route53. (more…)

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LivingSocial Announces $175 Million Investment by Amazon.com

WASHINGTON (PRNewswire via COMTEX) — LivingSocial (www.livingsocial.com) has secured a $175 million investment from Amazon (Nasdaq: AMZN). LivingSocial has also secured an additional $8 million investment from Lightspeed Venture Partners. LivingSocial will use this investment to maintain a steady drumbeat of worldwide launches and overall business growth while continuing to serve more than 10 million subscribers across the U.S., Canada, UK, Ireland and Australia in more than 120 locations. Because of LivingSocial’s rapid expansion, the company is currently booking revenues of more than $1 million a day on average and is projected to book well over $500 million in revenue in 2011. (more…)

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Amazon.it Launches Today, Providing Vast Selection, Significant Savings and Great Convenience for Italian Online Shoppers

  • New Site Offers Everyday Low Prices on Books, DVD, Music, Video Games and Consumer Electronics – just in time for Christmas shopping
  • Amazon Prime membership program is available with unlimited free guaranteed 2-3-day delivery at an annual fee of 9.99 Euros
  • Introductory offer includes 30% discount on the vast selection of over 2 million Italian- and foreign-language books

SEATTLE, Nov 23, 2010 (BUSINESS WIRE) — Amazon.com today launched Amazon.it (www.amazon.it), an Italian-language website offering customers a vast selection of books, DVDs, video games, music and consumer electronics at everyday low prices. Launching with more categories than any other Amazon web site has launched with, the selection also includes computers, software, small home appliances, watches and toys. Amazon.it’s convenient services include Amazon Prime, the membership program with unlimited free guaranteed 2-3-day delivery at an annual fee of 9.99 Euros. (more…)

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BP Returns to Profit, Estimates Oil Spill at $40 Billion

Energy giant BP announced a return to profit on Tuesday but revealed new shock estimates for the cost of its Gulf of Mexico oil spill, putting the expected bill at close to $40 billion.

The new figure is far higher than expected. BP said it had taken an additional charge of $7.7 billion during the third quarter, bringing the company’s own total estimated clean-up and legal costs to $39.9 billion. (more…)

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