Tim Armstrong, chief executive of AOL, has apologized to employees of the internet company for firing an employee last week in front of more than 1,000 coworkers, writes Emily Steel
During a conference call to discuss the future of AOL’s struggling network of local Patch sites, Mr Armstrong told the group’s creative director to immediately put down a camera then declared that he was fired. A recording of the call has been making rounds on the internet and been listened to more than 1,000 times. Read more
There’s no denying that Morris Chang, founder, chief executive and chairman of Taiwan Semiconductor Manufacturing Company, is a titan of the semiconductor industry after more than 20 years at the helm of the contract chipmaker.
But it may come as a surprise to TSMC shareholders that as the 81-year-old Mr Chang contemplates succession, he feels he could only be replaced by two, or maybe even three people. Read more