CEOTrends

Digital Transformation Is A Strategic Priority For Every Company, Says ServiceNow CEO

“What’s happening is that digital transformation is a strategic priority for every company,” says  ServiceNow CEO John Donahoe. “If you can’t compete digitally you can’t succeed. ServiceNow is one of the core strategic digital transformation partners for increasingly virtually every company around. Companies are focusing on how can they deliver better experiences to their customers, …

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‘Strategic Leadership’ Leads to a 66% Raise for Microsoft’s Nadella

In its proxy statement, Microsoft announced a significant raise for CEO Satya Nadella. Citing his ‘strategic leadership,’ Microsoft’s independent board awarded Nadella $42.9 million in compensation, much of it in stock awards. Nadella has been instrumental in helping Microsoft transition from a company primarily focused on operating systems and office software to one whose cloud …

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Oracle co-CEO Mark Hurd Dies at Age 62

Oracle co-CEO Mark Hurd has died from an undisclosed illness. He was only 62 years old. Hurd had stepped down from his CEO role at Oracle on September 11, just prior to Oracle’s annual Open World conference. Hurd was previously CEO of HP prior to going to Oracle.  Hurd was a key proponent and driver …

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FCC Approves T-Mobile and Sprint Merger But Opposition Remains

CNBC is reporting that the Federal Communications Commission (FCC) has voted to approve the merger between T-Mobile and Sprint. While the deal had earlier received approval from the Department of Justice (DOJ), the FCC’s approval is one of the final steps needed before the merger is finalized. The FCC’s commissioners voted along party lines to …

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How Wendy’s Innovated the Digital Journey To Improve the Customer Experience

“Speed and convenience and really driving consistency of operations are core themes,” says Wendy’s CEO Todd Penegor. “You think about how you can continue to drive speed. The digital journey is a big one. How do we drive folks into mobile ordering? How do we drive awareness on mobile ordering? What we do see is …

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5G Penetration Is Rapidly Gaining Momentum, Says Ericsson CEO

“What we see is the 5G penetration is rapidly gaining momentum,” says Ericsson CEO Borje Ekholm. “Just over the last two years, it’s been accelerated by more than a year. We see a very drastic acceleration of the demand for 5G. So far it’s primarily driven by North America where all the operators have the …

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The Next Big Streaming War Is Going To Be Internationally… and Netflix Has a Huge Lead

“We are looking at it with a very US-centric perspective visa vie either Netflix or any of these big streaming wars next phase of growth,” says Propagate Content CEO Ben Silverman. “I think Netflix is just so ahead internationally in reaching out and creating subscriber growth and subscribers in general. The next phase of competition, …

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Like Libra But Without Facebook

In the wake of reports that Facebook’s Libra currency is losing backers, Mashable is reporting that OpenLibra is being positioned as an alternative, “an open platform for financial inclusion. Not run by Facebook.” The new cryptocurrency was announced in Osaka, Japan at the Ethereum Foundation’s Devcon 5 conference. The currency will share the same Move …

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Facebook Libra Backers Back Out

A week ago we covered a Wall Street Journal article highlighting potential trouble for Facebook’s Libra cryptocurrency, as multiple backers were reconsidering their commitment to the project. Fast-forward a week and things have only gone from bad to worse. As Bloomberg reports, PayPal was the first to announce they were leaving on October 6, with …

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Oracle Announces Additional Hiring to Boost Cloud Services

Oracle is boosting its cloud efforts with an announcement that it is hiring some 2,000 new employees. While Amazon, Microsoft and, to some extent, Google have dominated the cloud market, Oracle sees ongoing opportunity to expand. Oracle has been making moves to take on the leaders, including opening offices in Microsoft’s back yard. Even more …

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We Plan to Have 30 5G Cities By Year-End, Says Verizon CEO

“We have a plan to have 30 5G cities by year-end,” says Verizon CEO Hans Vestberg. “We are at 13 right now so we’re adding every week. We added New York last week. We have also updated 13 NFL stadiums with 5G and the NBA season hasn’t even started. We believe that our 5G for …

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Cyberattacks Hit 66% of Small and Medium Businesses Last Year

Health IT Security is reporting on two separate security reports, one from Kaspersky and the other the Ponemon Institute-Keeper report, showing 66 percent of small to medium-sized businesses suffered cyberattacks last year. The reports also showed that the cost of cyberattacks is on the rise, with a malware incident costing some $2.7 million on average. …

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