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In the interim, who's leading Apple?

Steve Jobs' medical leave puts the spotlight back on the other members of Apple's executive ranks, in particular Chief Operating Officer Tim Cook, financial chief Peter Oppenheimer, and marketing chief Phil Schiller.

Tim Cook A one-time Compaq executive, Cook has run much of Apple's operations for some time. He also was the man tapped by the board when Jobs previously went on leave for cancer treatment.

Much of Cook's career has been spent handling manufacturing and procurement duties, although he took over responsibility for sales at Apple, before adding the COO title in 2005. In addition to … Read more

Apple shares plummet on news of Jobs' medical leave

Updated at 2:33 p.m. with updated after hours trading information.

Apple shares plunged 10.8 percent a share in after-hours trading Wednesday, after the company announced CEO Steve Jobs would take a medical leave until June.

Jobs said he would take a medical leave after learning his situation was more complex than initially believed.

Apple's shares fell as low as $76.11 a share in after-hours trading, down 10.8 percent from its close of $85.33 a share at the end of the regular trading session.

Wall Street analyst Gene Munster with Piper Jaffray said on … Read more

Steve Jobs' health memo to employees

Here's the full text of the e-mail Steve Jobs sent to his employees about stepping down as Apple CEO for a medical leave of absence.

Team,

I am sure all of you saw my letter last week sharing something very personal with the Apple community. Unfortunately, the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well. In addition, during the past week I have learned that my health-related issues are more complex than I originally thought.

In order to take myself out of the … Read more

Steve Jobs taking medical leave of absence

Apple has confirmed that CEO Steve Jobs will step down from his CEO post while recuperating from a hormone imbalance. His absence will stretch until the end of June.

Tim Cook, Apple's chief operating officer, will run the company during Jobs' absence, according to an e-mail Jobs sent to Apple employees that was released to the media.

Jobs said in the e-mail:

Unfortunately, the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well. In addition, during the past week, I have learned that my … Read more

Report: Oracle cuts workforce by 500

Oracle has sliced approximately 500 positions from its sales and consulting staff businesses in North America, according to a report in The Wall Street Journal.

The positions, which would account for less than 2 percent of Oracle's North American workforce as of November, were cut on Friday, according to the Journal.

Oracle's reported layoffs come at a time when a number of companies across all industry sectors are slashing their workforce by double digits as the economy languishes in a recession.

And while other companies are making staff cuts amid steep declines in their revenues and earnings, Oracle'… Read more

Looking for a new job? Start here

Using the best resources across the Web to find and interview for a new job is a big key to success. There are some sites that claim to offer the best service, but in reality, they offer generic help to unique people--not much help at all. There are some services that do a much better job of scouring the Web to help you find the perfect job.

Indeed

Although it competes with much larger sites like CareerBuilder and Monster.com, Indeed is one of the best job search sites on the Web.

With the help of a simple layout--two search … Read more

The 404 253: Where no one cares about Macworld

Greetings from sunny Las Vegas! It's sunny, but not hot at all, which is awesome. Today's CES show was a nice dry run, but tomorrow is when the real fun starts. So make sure to stop by the CNET stage at 5 p.m. pacific time to catch us live! Did we mention there will be giveaways?

On today's show Ariel Nunez joins us to talk about why Macworld was absolutely terrible and why you'll need an HDTV to listen to Ludacris' new record. Then we'll discuss Ludacris' comments about our own Natali Del Conte. … Read more

OLPC slashes workforce in half, cuts salaries

The One Laptop Per Child project announced Wednesday that it is slashing its workforce by 50 percent, reducing salaries for the remaining staff, and restructuring its operations.

Nicholas Negroponte, founder of the group that aims to provide low-cost laptops to children in developing countries, announced the cuts in a company blog post:

Like many other nonprofits that are facing tough economic times, One Laptop per Child must downsize in order to keep costs in line with fewer financial resources. Today we are reducing our team by approximately 50% and there will be salary reductions for the remaining 32 people. While … Read more

Resumator makes hiring collaborative, paper-free

Assuming you're in a position of hiring new people to work for your company (instead of laying them off), there's a new productivity boosting service called The Resumator that launched early Wednesday. It's part job-posting tool, part paperwork reducer, and also manages to throw in a recommendation engine that tells you which Web job boards are worth posting to based on the kind of job you're trying to hire for.

Of all the features, I find the most attractive one to be the document organizer, which sorts submitted resumes into different buckets for each job. You … Read more

Review: 'MacHeads,' a documentary on the Mac faithful

It's a long-established truism in technology journalism: That stories about Apple are pretty much guaranteed to do better than just about any other subject.

And why? It's certainly not because of the total size of the user base of Apple products. Rather, as has been very well chronicled in newspapers, magazines, online and in books, the passion felt by the community of Apple users far outstrips its size.

Now, with the release of MacHeads, you can add movies to the roster of media documenting the full fervor of the Mac faithful and their particular brand of do-it-yourself brand … Read more