Henrique de Castro, Yahoo's No. 2 chief who recently got fired, received a much higher compensation than other executives and even his boss Marissa Mayer when he was hired in 2012.
People
Africa's biggest retirement fund administrator exits stake in Swiss unit of Lane Clark & Peacock ahead of IPO
Johannesburg, South Africa-based independent retirement fund administrator Alexander Forbes Ltd sold its 60% holding in Lane Clark & Peacock's Swiss unit for an undisclosed sum last year, ahead of a 2014 initial public offering (IPO).
Editor Tony Gallagher leaves UK media Telegraph
Tony Gallagher, the editor of UK-based newspaper Daily Telegraph, stepped down from his position amid a restructuring program as the company prepares to shift its focus to digital publishing.
Private equity firm Hamilton Lane adds senior execs in Hong Kong office
Private equity asset management firm Hamilton Lane has named Mingchen Xia and Yen Li Chew to add to its Hong Kong office and enhance the presence of the company in the Asia Pacific region.
Wikipedia co-founder picks up big stake in London mobile provider
Wikipedia co-founder Jimmy Wales picked up a big stake in London-based mobile provider The People's Operator (TPO) in a bid to expand into the US and other international markets.
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Yahoo's Editor-in-Chief Jai Singh resigned from the company due to an unconfirmed reason, on the heels of the news that the company's chief operating officer has been fired.
Will having Kentucky Senator Rand Paul and other adults on Snapchat make the service unpopular to teens and make it go the way of Facebook?
Yahoo Chief Operating Officer (COO) Henrique De Castro is leaving the company tomorrow, January 16, according to a regulatory filing, but the exact reason for the departure is unclear.
Vinod Khosla of Khosla Ventures issued an open letter to "60 Minutes" and its network CBS, saying that the segment on clean technology was filled with errors.
Johnston Press, a leading multimedia publisher in the UK and Ireland, has named Boston.com General Manager Jeff Moriarty as its Chief Digital and Product Officer.
Isabel Lerer, the daughter of Huffington Post co-founder Ken Lerer, launched her new animal-focused news site The Dodo after securing $2 million in a seed funding round led by Lerer Ventures.
The 2012 controversy involving the private equity industry and Washington has not stopped the industry from continuing to offer former public officials with huge paydays, Politico reported.
Assemblyman Jeff Gorell has proposed to put a measure before California's voters to halt bond sales to finance the state's high-speed rail system, Reuters reported.
Gary Newsome, a former CEO of Health Management Associates Inc, was named a defendant of a whistleblower lawsuit alleging kickbacks at the company, Bloomberg reported.
