Two big stories hit the web today. Microsoft finally named the company’s third CEO and fashion icon Michael Kors became a billionaire. FORBES reporters covered the news:
“It’s official. After months of search and speculation Microsoft has named Satya Nadella its third CEO effective immediately. Microsoft shares were up about 1.7% to $37.11 in early morning trading following the news” — Read It’s Official: Microsoft Names Satya Nadella Its Third CEO
“Fashion icon Michael Kors has flirted with billionaire status for over two years, ever since his eponymous company went public in December 2011. But now he has finally arrived. On Tuesday, Michael Kors Holdings shares soared nearly 20% in early trading after spectacular earnings — and the stock surge has put Mr. Kors over the top” — Read Michael Kors Is Fashion’s Newest Billionaire
And in other news:
“Four months after FBI agents arrested Ross Ulbricht, the alleged creator of the Silk Road online black market for drugs, he’s finally been formally indicted. And prosecutors have thrown in a serious new charge that’s usually reserved for not just common criminals, but mafia dons and drug cartel kingpins–with an extra 20 years minimum prison time attached to it” — Andy Greenberg. Read Alleged Silk Road Creator Ross Ulbricht Hit With ‘Kingpin’ Charge, Another 20 Years Minimum Prison Time
“When the opening ceremonies kick off this Friday night in Sochi, Russia, it will mark the beginning of the most-televised Olympic Games ever. NBC plans to air 1,539 hours of coverage on the company’s various TV networks, including CNBC, USA Network and NBC Sports Network. That’s more than the Vancouver and Torino Olympics combined” — Dorothy Pomerantz. Read Get Ready For More Olympics Coverage (And More Ads) Than Ever Before
“With the Macintosh turning 30 in January, it wasn’t too far-fetched to think that Apple, which launched its desktop computer with one of the most famous Super Bowl ads of all time, might use game day to pay homage to the machine. Apple didn’t air an ad during yesterday’s game, but it did in fact come up with new commercial to honor the Mac — and it was considering playing the ad during the Super Bowl, according to Adweek, citing sources” — Connie Guglielmo. Read The Apple Super Bowl Ad That Almost Was Honors The Macintosh At 30
FORBES news:
Forbes discovered Warren Buffett in 1969 when he was just making his mark as a shrewd financier who consistently beat the market, bear or bull. Since then our editors and reporters have covered Buffett and Berkshire Hathaway—gaining access precious few have ever enjoyed—as the billionaire continues to make an indelible mark in the investing world. Herein you’ll find 15 carefully curated profiles of the Oracle of Omaha, ranging from 1969 to 2013, each one shining light on the man Buffett has become through his many years as an unparalleled capitalist-cum-philanthropist. Buy now on Vook, Apple and Amazon. Read about the $59 Billion Philanthropist here.
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