John Browett Joins Apple as Senior Vice President of Retail
John Browett has joined Apple as senior vice president of retail, reporting to CEO Tim Cook, the company announced. Browett was the CEO of tech retailer Dixons Retail since 2007. He will take charge of Apple’s retail strategy and the expansion of Apple retail stores around the world.
Megaupload Data Safe for Two More Weeks
User data on troubled file hosting service Megaupload will not be erased for at least another two weeks, says Megaupload lawyer Ira Rothken. “The hosting companies have been gracious enough to provide additional time so we can work out some kind of arrangement with the government,” said Rothken.
Megaupload's assets have been frozen since the site's founder Kim Dotcom and six others who ran the site were indicted by The U.S. Department of Justice in January, and the site is trying to find a way to let its users access the data hosted on the service.
Facebook Getting Ready for IPO
Facebook's long-awaited initial public offering might happen as soon as Wednesday, but it's been a bumpy road. The IPO could be in the $100 billion range, meaning it would be the biggest tech IPO of all time, valuing Facebook about four times that of Google when it went public in 2004