Luck, pain and perseverance
Article Abstract:
Motorola has made a spectacular financial comeback within an 18-month period since July 1998, after experiencing a sharp financial slide beginning in late 1997 that threatened its existence as a powerhouse and made it vulnerable to a takeover. The story of its rebound has been attributed partly to luck, to CEO Christopher Galvin and Galvin's decision to reorganize the company internally, introduce a sea change to its corporate culture and lay off 15,000 workers.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Andy Grove revel in hands-off role
Article Abstract:
Intel Corp's Andy Grove steps down as CEO of the semiconductor manufacturer, however he will remain as the chairman for the firm. Grove's replacement as CEO of the firm will be Craig Barrett, who will be incharge of the new directions the company will take. The chipmaker is expected to pursue its plan to provide microprocessors for hand-held computing devices and digital set-top boxes as it anticipates strong growths. Currently, the firm is experiencing strong performance of its stocks in the financial markets.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1998
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Intel settlement leaves high-tech's dirt, drama unexposed
Article Abstract:
Intel has reached a settlement with the Federal Trade Commission which accused the company of unfair competitive practices. The settlement, which still has to be approved, means that details of Intel's allegedly vicious ways of maintainings its dominant share will not be revealed in the courtroom. One important witness would have been Digital Equipment CEO Robert Palmer, who reportedly was paid off by Intel to stay quiet.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
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