Tim Cook has spoken out strongly on diversity issues ahead of the Apple's annual WWDC conference, labelling them central to "the future of our company." In an interview with Mashable, the 54-year-old CEO discussed the ongoing struggle to attract women and minority ethnic groups to the tech industry.
Canada tapped an outsider on Thursday to head its central bank, bringing in the well-respected head of the Canadian export credit agency, who immediately stressed the need to nurture a choppy economic recovery.
Incoming Bank of Canada Governor Stephen Poloz, 57, worked at the central bank for 14 years earlier in his career. But he has spent the last 14 years at Export Development Canada.
A study to be released soon shows it will take until the year 2097 for women to have equal representation in company boardrooms if no action is taken to boost their participation.
“By 2097 we’re all dead, our children are all dead,” said Pamela Jeffery, founder of the Canadian Board Diversity Council, which plans to release the study next month.
On Friday, Yahoo announced the acquisition of social shopping site Polyvore. Yahoo plans to integrate Polyvore's product into its premium content ecosystem, but the deal is particularly interesting for two reason. First, because it was actually three ex-Yahoo engineers who launched the site back in 2007. Second, because Yahoo CEO Marissa Mayer played a significant role in the professional development of Polyvore's fourth "honorary" founder (and current CEO) Jess Lee.
On Friday, Yahoo announced the acquisition of social shopping site Polyvore. Yahoo plans to integrate Polyvore's product into its premium content ecosystem, but the deal is particularly interesting for two reason.
General Motors Co. announced Tuesday Mary Barra will take over as its new chief executive early next year, making her the first female to take the helm of a major global automaker.
Ms. Barra, 51, will succeed Dan Akerson in the role when he steps down as chairman and CEO on Jan. 15, 2014, the company said.
The decision comes one day after the U.S. Treasury announced it had sold its remaining common stock in the Detroit automaker stemming from the US$60-billion government bailout of the company in 2009 during the economic crisis.