Elon Musk fired as chairman of Tesla
By SEC, still remains the CEO
Twitter is a dangerous tool and there is no going back when you are followed by millions. Due to his tweet about Tesla becoming a private company, after perhaps an ill-judged tweet, Tesla and Elon have to split a $40 million fine and Elon has to resign as chairman of the board within 60 days.
Paul Jacobs launches XCOM
Ex-Chairman still wants Qualcomm
Last week there was a disturbance in the force. Former CEO and recent chairman of Qualcomm, Paul E. Jacobs, decided to start a new company and call it XCOM. There is little surprise that his new company is focusing on the 5G wireless technologies that will propel the next mobile revolution.
Sony CEO Kazuo Hirai steps down
Company's second "mid-range" business plan starts in April
Sony's top corporate executive is pruning himself from the branches of CEO and passing the baton of leadership to new management, according to the company's latest press release. Kazuo Hirai, who served six years as CEO, will soon become Chairman in a move that allows him to focus on other strategies and milestone targets under a second "mid-range" business plan that starts in April.
MediaTek has IoT, automotive aspirations
Acquisitions possible, seeking Japanese partners
The market is definitely changing. MediaTek made a lot of money on its smartphone SoC sales, but the company is looking beyond that. They now have clear IoT and Automotive market aspirations.