People

Sony shuffles gaming unit, sidelines PS3 mastermind

Ken Kutaragi, President and Chief operating officer of Sony Computer Entertainment Inc. (SCEI), will no longer be active with his current role and will become chairman and Group CEO, effective Decembe

BBC's Top Man moves to Rival ITV

In a move that surprised the broadcasting industry, BBC Chairman Michael Grade left his top position to join rival broadcaster ITV as its new executive chairman. Grade will be replacing current chairman Peter Burt.

Kerkorian cuts GM stake, shifts to MGM

A billionaire investor, Kirk Kerkorian on Wednesday said that he had sold 14 million shares of $462 million worth in General Motors Corp after the automaker refused to support his alliance talks with

HP’s Ex-Chairwoman entreats ‘Not Guilty'

Patricia Dunn, former Chairwoman of the board of Hewlett Packard Company, pleaded not guilty today in Santa Clara County Superior Court, in response to four felony charges related to the HP board-spyi

Arcelor Mittal appoints Lakshmi N. Mittal as new CEO

Arcelor Mittal, a merged group made up of the world's leading steel companies, Mittal Steel and Arcelor, on Monday announced the re-organization of the company’s senior management structure and appointed Mr. Lakshmi N. Mittal as the new Chief Executive Officer of the merged steel group.