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AMD’s CEO steps down, COO takes over

From the Cnet.com Article by Ben Fox Rubin ( @benfoxrubin)

AMD named Lisa Su, its chief operating officer, as its new CEO, effective immediately, replacing Rory Read as the struggling maker of PC chips continues its attempt at a turnaround.

Read, 52 years old, stepped down as president and chief executive, and as a board member. He will support the transition as an adviser, remaining with the company through the end of this year. Prior to joining AMD in 2011, Read was computer-maker Lenovo’s chief operating officer, and before then spent 23 years at IBM.

The company said it’s currently negotiating a transition and separation agreement with Read.

Su, 44 years old, joined AMD in 2012, and most recently has been responsible for integrating AMD’s business units, sales, global operations and infrastructure enablement teams. Before coming to the chipmaker, she worked at chipmaker Freescale and at IBM.

“Leadership succession planning has been a joint effort between Rory and the board and we felt that Lisa’s expertise and proven leadership in the global semiconductor industry make this an ideal time for her to lead the company,” Bruce Claflin, AMD’s chairman, said in a statement.

The company has attempted to turn its business around as it tries to become a tougher rival to Intel, though it has struggled along the way. For its second quarter, AMD reported stronger revenue, of $1.44 billion, and narrowed its loss to $36 million from $74 million a year earlier.

AMD is scheduled to report third-quarter results next Thursday.

 

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Apple Makes A Move For The Enterprise Solutions Arena

Apple Makes A Move For The Enterprise Solutions Arena

Apple announced on Tuesday that it would be joining forces with its one time business rival IBM. In an attempt to transition from solely consumer product arenas to the ever growing enterprise arena, Apple and IBM will focus on enterprise applications geared for iOS. Together they will create  100 industry-specific application that will run on both iPads and iPhones including apps designed for security, big number crunching for corporate data, and a hardware management software to manage the phones themselves. Aside from the application side, Apple will be creating a whole new class of AppleCare specifically to support enterprise clients and their hardware while IBM will continue support of their already supported devices including Android base platforms.

It will be interesting to see where this deal goes and how long term this once rocky relationship will last but only time will tell. From a technician standpoint having someone else handle the Mac repairs will definitely light the work load.

For more information regarding this partnership of strange bed fellows click HERE

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