Former Microsoft CEO Steve Ballmer rides his replacement's success to $3 billion windfall

Microsoft's history books will undoubtedly remember 2014 as the year of Satya Nadella. But Steve Ballmer, his predecessor, is the one reaping the majority of the benefits of the new CEO's popularity. Sure, Nadella hit a $90 million jackpot when we took the top job at the world's second most valuable company. But Ballmer came out the real winner, as his massive holding of Microsoft stock is now worth $3 billion more than the day he was replaced. Ballmer announced he would give up the reins ahead… Continue reading at 'Silicon Valley Business Journal'

[ Silicon Valley Business Journal | 2015-01-03 00:00:00 UTC ]
News tagged with: #history books #top job

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The Week in Libraries: March 3, 2023

Among the headlines this week: a look at libraries some three years after the Covid-19 pandemic began; how the right wing culture war playing out in many communities has led to some librarians living in fear; the St. Paul Public Library's 'Read Brave' program enters its 10th year; and... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-03 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #libraries #e-book #10th year


German publisher Axel Springer says journalists could be replaced by AI

Owner of Politico urges focus on investigative journalism and original commentary, as company prepares for job cuts at German papers Die Welt and BildJournalists are at risk of being replaced by artificial intelligence systems like ChatGPT, the CEO of German media group Axel Springer has... Continue reading at The Guardian

[ The Guardian | 2023-03-01 01:23:51 UTC ]
More news stories like this | All news stories tagged with: #digital media #die welt #boost revenue #job cuts #original commentary #investigative journalism


Unionized HarperCollins Employees Are Back to Work After a 3-Month Strike

The return, after an agreement that brought a raise in pay for the lowest earners at the publisher, represented a victory to many of the more than 250 workers involved. Continue reading at The New York Times

[ The New York Times | 2023-02-21 19:43:29 UTC ]
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Hitting the Books: Meet the man who helped Microsoft break into the entertainment business

Some of us are destined to lead successful lives thanks to the circumstances of our birth. Some of us, like attorney Bruce Jackson, are destined to lead such lives in spite them. Raised in New York's Amsterdam housing projects and subjected to the daily brutalities of growing up a black man in... Continue reading at Engadget

[ Engadget | 2023-02-19 15:30:33 UTC ]
More news stories like this | All news stories tagged with: #digital media #bill clinton #civil rights #black culture #thousand miles #television shows


HarperCollins union approves contract, ends 3-month strike

Striking union members at HarperCollins have approved a tentative agreement reached last week and will return to work Tuesday, ending a walkout that lasted more than three months and became the center of an ongoing debate about salaries in the industry Continue reading at ABC News

[ ABC News | 2023-02-16 23:12:16 UTC ]
More news stories like this | All news stories tagged with: #harpercollins #ongoing debate #work tuesday


HarperCollins union approves contract, ends 3-month strike

Striking union members at HarperCollins have approved a tentative agreement reached last week and will return to work Tuesday, ending a walkout that lasted more than three months and became the center of an ongoing debate about salaries in the industry Continue reading at ABC News

[ ABC News | 2023-02-16 23:11:22 UTC ]
More news stories like this | All news stories tagged with: #harpercollins #ongoing debate #work tuesday


S&S Sales Topped $1 Billion in Record 2022

With all of its operating groups reporting sales gains, revenue and profits hit record levels in 2022 at Simon & Schuster. CEO Jonathan Karp called the year "stratospheric." Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-16 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #simon schuster


New Report Puts Online Sales of Books, Audio at $12.13 Billion in 2022

According to Bookstat, a service that collects online sales data in real time from Amazon, Apple, and Barnes & Noble across the e-book, digital audiobook, and print book formats, total online sales of those formats rose 5.6% in 2022, to $12.13 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-15 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #print book #barnes noble #real time


3 Super Bowl Advertisers Winning the Digital Content Game

Early this football season, the National Football League began shifting tactics to engage younger fans on social media as people reallocate their attention from TV to digital content that is fun, snackable and highly visual. With Super Bowl 57 quickly approaching, Big Game advertisers--who spent... Continue reading at AdWeek

[ AdWeek | 2023-02-08 19:41:19 UTC ]
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In “I Keep My Exoskeletons to Myself,” a Cruel Form of Public Shaming Has Replaced Prisons

Marisa Crane’s debut novel I Keep My Exoskeletons to Myself is set outside of our reality: in an America where a cruel form of public shaming has taken the place of prisons. In Exoskeletons we meet Kris, a new mother struggling to see a future for herself and her kid in the wake of her partner’s... Continue reading at Electric Literature

[ Electric Literature | 2023-02-07 12:00:00 UTC ]
More news stories like this | All news stories tagged with: #debut novel #electric literature


Book Review: ‘The Incredible Events in Women’s Cell Number 3,” by Kira Yarmysh

A debut novel from Kira Yarmysh, a longtime critic of Vladimir Putin, offers an intimate look at political imprisonment. Continue reading at The New York Times

[ The New York Times | 2023-02-06 10:00:09 UTC ]
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Lit Hub Weekly: January 30-February 3, 2023

“Why I’m still on strike.” Olivia McGiff’s portraits from the HarperCollins picket line. | Lit Hub “Writers are read for how they write, not what they write about.” Henry Louis Gates Jr. on what makes a “classic” African American text. | Lit Hub Criticism How Jane Fonda somehow combined dance... Continue reading at Literrary Hub

[ Literrary Hub | 2023-02-04 11:30:51 UTC ]
More news stories like this | All news stories tagged with: #harpercollins #progressive politics #lit hubcriticism


The Week in Libraries: February 3, 2023

The ALA's first in-person LibLearnX is in the books; book bans (and Florida) stay in the news; and the Urban Library Council releases a white paper addressing food insecurity in our communities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-03 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #book bans #in-person liblearnx


Madeline McIntosh, CEO of Penguin Random House, Resigns

The departure of Madeline McIntosh, who has led the country’s largest book publisher since 2018, is the latest shake-up for the company during a turbulent period. Continue reading at The New York Times

[ The New York Times | 2023-01-31 14:38:01 UTC ]
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Madeline McIntosh to Step Down as CEO of PRH US

About three weeks after Gina Centrello retired as president and publisher of the Random House Publishing Group, McIntosh announced that she will step down as CEO of Penguin Random House in the very near future. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-31 00:00:00 UTC ]
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How a multitude of Harry headlines helped propel Spare to early sales success

An accidental release of Prince Harry's memoir Spare, five days ahead of schedule, led to round-the-clock coverage of the book and its many revelations. Publishing professionals say the outcome has been highly beneficial for sales. Continue reading at CBC

[ CBC | 2023-01-14 09:00:00 UTC ]
More news stories like this | All news stories tagged with: #memoir #publishing professionals #days ahead #memoir spare #prince harry


Hachette CEO Michael Pietsch on Book Sales, Copyright, and More

In a letter to agents and authors, HBG CEO Michael Pietsch touched on a number of topics, including the sales outlook for trade books, the lawsuit against the Internet Archive, and increasing direct-to-consumer marketing and sales efforts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-10 05:00:00 UTC ]
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The best new business books CEOs read in 2022

As the year comes to a close, ‘Fast Company’ asked leaders which books they sought out for guidance and leadership advice. In 2022, as they faced a tight labor market and a looming economic downturn, business leaders had a lot on their minds. With the year coming to a close, Fast Company asked... Continue reading at Fast Company

[ Fast Company | 2022-12-14 07:00:00 UTC ]
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Jesse Myers Named President and CEO of Baker Publishing

Currently the publisher of Lexham Press and the director of original content for Faithlife, Jesse Myers has been named president and CEO of the Baker Book House Company, effective May 1, 2023, succeeding the retiring Dwight Baker. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-13 05:00:00 UTC ]
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Penguin Random House CEO Markus Dohle Steps Down

The chief executive of the largest publisher in the U.S., Penguin Random House, has stepped down. Markus Dohle oversaw the attempted acquisition of Simon & Schuster. Continue reading at The New York Times

[ The New York Times | 2022-12-09 14:47:10 UTC ]
More news stories like this | All news stories tagged with: #random house #simon schuster #largest publisher