On Wednesday, Shares of Intel Corporation (NASDAQ:INTC), lost -1.34% to $29.50.
On July 2, Intel Corporation’s CEO, Brian Krzanich, declared a series of leadership and organizational changes in a message to employees.
Intel President Renée James informed the board that she will be stepping down as President of Intel to pursue an external CEO role. She has agreed to stay at Intel until January in order to transition the Executive Office. In connection with today’s news, James recently distributed an employee message about her plans.
In addition, other leadership and organizational changes that are being made to streamline operations and better position Intel for growth comprise:
Arvind Sodhani, President of Intel Capital, will retire in January after a distinguished 35-year career with the company. President of Mergers and Acquisitions Wendell Brooks will take an expanded role to also become President of Intel Capital. Merging these teams under one leader will allow clear focus across all investment opportunities for Intel.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
Shares of CenturyLink, Inc. (NYSE:CTL), declined -1.31% to $29.49, during its last trading session.
CenturyLink, declared its plans for a multi-city tour featuring industry analysts and select CenturyLink customers and executives to share technology insights and lessons learned with enterprise IT leaders about big data, cloud, security and customer-centric IT.
The Elevate events provide an opportunity for CenturyLink customers, prospects and partners to learn from industry experts about topics important to the disruption taking place in IT recently. The series is co-sponsored by Alcatel Lucent and features CIO Magazine as a media partner.
The series kicks off in Boston on July 15 and continues in key North American and global markets through October 2015 . The roundtable forums feature keynotes from leading industry experts, counting CIO Magazine contributing editor Julia King , “Cloudonomics” author Joe Weinman and CenturyLink executives Shirish Lal , David Shacochis , David Mahon and Gary Gauba .
CenturyLink, Inc. provides various communications services to residential, business, governmental, and wholesale customers in the United States. It operates through two segments, Business and Consumer.
Finally, Vonage Holdings Corporation (NYSE:VG), ended its last trade with -0.43% loss, and closed at $4.68.
NYC Media Lab declared that Vonage has joined as a corporate member, becoming the thirteenth company to join at the corporate membership level and the seventeenth member company overall. Vonage will work with NYC Media Lab and its university partners to pursue innovation projects and take part in the Lab’s programs on new media and communications technologies.
Vonage joins member companies Associated Press, Bloomberg LP, ESPN, Hearst Corporation, MLB Advanced Media, NBCUniversal, News Corp, Publicis Groupe, Rogers Communications, Showtime, Tenfore Holdings, Time Warner Cable, Verizon, and Viacom. Member companies take part in annual open seed projects. Designed to be small in scale and exploratory in nature, seed projects are intended to foster partnership between member companies with university talent. The outcomes of seed projects can take various forms depending on the curiosities of the member companies; accomplished projects have comprised of research papers and prototypes.
Vonage Holdings Corp. provides unified communications as a service solutions connecting people through cloud-connected devices worldwide. The company offers home telephone replacement services to residential customers through various service plans with basic features, such as voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, in addition to area code selection, virtual phone number, and Web-enabled voicemail.
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