Internet, Ceo | featured news

Let's get one thing straight: It wasn't Andrew Mason's personality that got him fired as CEO of Groupon today. If the local discounts service were doing well -- and not taking one body blow after another from a Wall Street disappointed with its results and skeptical of its promise -- he would have a job tomorrow morning, and for a long time to come. Mason's penchant for antic behavior that highlighted his immaturity and called into question his seriousness as a leader didn't cause that.

Hulu Chief Executive Jason Kilar will leave the online video service in the first quarter, he disclosed Friday in a blog post.

The US state department says a planned visit to North Korea by Google chairman Eric Schmidt is not "particularly helpful".

Netflix raised Chief Executive Reed Hastings's compensation package to $4 million for 2013, essentially doubling his pay this year.

Hulu, the privately held Internet streaming TV service, will generate about $695 million in revenue in 2012 and finish the year with more than 3 million paying subscribers, the company's CEO said on Monday.

Yahoo (YHOO) announced its first acquisition under CEO Marissa Mayer on Thursday, a New York-based mobile startup named Stamped that was founded by two former Google (GOOG) employees and received financing from celebrities including Justin Bieber.

Yahoo Inc's new CEO Marissa Mayer sketched out her plan for revamping the mobile and search advertising business, outlining publicly for the first time her vision for getting the ailing Web company back on its feet.

Marissa Mayer, who earned a reputation for decisive action and intensity during her 13-year stint at Google Inc, has spent her first months as Yahoo Inc CEO quietly moving the Internet pioneer back to its roots in technology.

Facebook Inc CEO Mark Zuckerberg might need to talk more often. A 30-minute appearance at a technology industry conference earlier this week has translated into $6.785 billion in additional market valuation for his company.

Facebook Inc CEO Mark Zuckerberg soothed investors in his first major public appearance since the No. 1 social network's rocky May IPO, breathing life into its struggling shares after hinting at new growth areas from mobile to search.