Tech Business Review: Yahoo Recruits Another Google Exec, Apple Faces Pricing Demands
Microsoft Corporation (NASDAQ:MSFT) has released details in regards to its tablet PC Microsoft Surface. The device with Windows RT will at first be available in three models: a 32 gigbyte version priced at $499, a 32 gigabyte version bundled with a black Touch Cover at $599, and a version with 64 gigabyte bundled with a black Touch Cover at $699. Consumers will be able to buy Surface beginning October 26th, at all Microsoft Store locations within the United States and Canada.
Yahoo! (NASDAQ:YHOO) has recruited the senior Google (NASDAQ:GOOG) sales executive Henrique de Castro as chief operations officer, but it was not inexpensive as his total compensation could amount to $56 million over the next 4 years. The advent of de Castro at Yahoo seems to be getting mixed reviews from his former co-workers, who think that his IQ might outweigh his people skills, which could lead to the exit of the chief revenue officer Michael Barrett, hired by Ross Levinsohn. Meanwhile, Google has chosen its Asia-Pac/worldwide mobile head Daniel Alegre to replace de Castro as the chief of its Partner Business Solutions group which oversees advertising sales relationships with partners.
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Apple (NASDAQ:AAPL) is being pressured by Chinese suppliers and Foxconn to accept price hikes because of increasing labor costs, says Digitimes. The firm’s stringent manufacturing quality-control and yield rate requirements have been said of late to be provoking labor disturbances at Foxconn and are impacting supplier profits. Thus far, Apple hasn’t responded to the price hike demands, say sources.
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