BRIEFCASE.Byline: -- Staff and Wire Services McDonald's exec abruptly resigns CHICAGO -- McDonald's Corp. on Wednesday announced the unexpected resignation of Mike Roberts, the fast-food chain's No. 2 executive, as president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . No reason was cited in the announcement. A company spokesman did not immediately return a phone call seeking comment. The company said Ralph Alvarez Ralph Alvarez (born 1955 in Cuba) is a Cuban-American businessman and the current President and COO of McDonald's Corporation. Prior to becoming President and Chief Operating Officer, Mr. Alvarez served as President, McDonald's North America. , president of McDonald's USA, will succeed Roberts. Alvarez will in turn be replaced by Don Thompson Donald Thompson, Donald Thomson, Don Thompson or Don Thomson are names shared by the following individuals:
Apple to settle for $100 million SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Apple Computer Inc. will pay $100 million to rival Creative Technology Ltd. to settle five patent lawsuits over technology for navigating through songs on the popular iPod digital music player Hardware or software that plays audio files encoded in MP3, AAC, WMA or other audio formats. There are several software-based music players that play audio files in a desktop or laptop computer, including iTunes, RealPlayer and Windows Media Player. , the companies said Wednesday. The settlement allows Cupertino-based Apple to recoup a portion of its payment if other electronics companies license Creative's technology. In June, the U.S. International Trade Commission agreed to investigate whether Apple's iPod infringes on one of Creative's patents. Singapore- based Creative filed the ITC ITC (Brit) n abbr (= Independent Television Commission) → Fernseh-Aufsichtsgremium ITC n abbr (BRIT) (= Independent Television Commission) → complaint and a federal lawsuit, alleging that iPods infringed on its patent for a navigation system A GPS-based electronic system in a car or truck that provides a real time map of the vehicle's current location as well as step-by-step directions to a programmed destination. See GPS and vehicle tracking. used to organize and access music on its Zen media players. Dell quietly drops DJ Ditty dit·ty n. pl. dit·ties A simple song. [Middle English dite, a literary composition, from Old French dite, from Latin dict players DALLAS -- Dell Inc. has quietly pulled the plug on its DJ Ditty music players, less than a year after the world's largest computer maker launched the device to compete with Apple Computer Inc.'s iPod Shuffle The smallest and most basic iPod, and the only iPod without a display screen. Designed for people who just want to press start and play their tunes sequentially or at random, the shuffle holds up to 240 songs in 1GB of flash memory. . The company stopped selling the Ditty on Aug. 17, Dell spokesman Venancio Figueroa said Wednesday. He declined to characterize the decision as Dell bowing out in the face of competition from market leader Apple. Dell is trying to focus on its core areas of PCs, printers and flat-panel televisions, he said. Dell unveiled the Ditty last September as a better value than the Shuffle. Both devices store music on flash memory chips. The Ditty, like the Shuffle, costs $99 and included 512 megabytes of memory. But because the Dell device used an audio format that compresses digital music files more efficiently, Dell asserted it could hold up to 220 songs -- 100 more than the Shuffle. Ford reported in alliance talks DEARBORN, Mich. -- Shares of Ford Motor Co. surged more than 4 percent Wednesday, following a report that Chairman and Chief Executive Bill Ford had approached Nissan-Renault CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Carlos Ghosn about joining the global alliance. The report in The Wall Street Journal cited ``a person well-positioned to know.'' It was part of a commentary in the paper's opinion section by Paul Ingrassia, vice president for news strategy of Dow Jones & Co., publisher of The Wall Street Journal, and Joseph B. White, the paper's Detroit bureau chief. Ford spokesman Oscar Suris said Wednesday that the company would not comment on what he called ``speculation.'' Nissan spokesman Fred Standish said he was not aware of any such discussion between Bill Ford and Ghosn. Ford's rival, General Motors Corp., currently is in talks with Nissan Motor Co., of Japan, and Renault SA, of France, about the possibility of joining their global alliance. |
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