Michael Roberts

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The markets can tell when a CEO apologizes and doesn’t mean it

If you’re trying to clean up a mess, only apologize if you feel remorse.<p>Investors and other stakeholders watch execs micro-expressions during his apology, to see how he really feels. If they see inappropriate emotions, disgust or happiness, the company’s stock price falls by an abnormal amount, new …

Marissa Mayer Flushes $81 Million More Of Yahoo's Cash And Stock For David Karp

After paying Tumblr’s founder $250 million in May, Yahoo CEO Marissa Mayer decided that was not enough to keep from “screwing up” the deal. So on August 9, Yahoo offered Karp $81 million more to stay at the company for four years. This personnel move will not pay off in higher Yahoo revenues and …

BlackBerry goes up for sale after years of struggle in smartphone market

BlackBerry, once the global leader in smartphone technology, has put itself up for sale after years of falling sales and failed revamps.<p>Once seen as so habit-forming its users dubbed it the "CrackBerry", Blackberry has suffered a calamitous decline as rivals revolutionised the business it did so …

Hyperloop revealed: Elon Musk foresees rapid transit in a tube

Electromagnetic acceleration: That's the high technology behind the high-speed transit concept that billionaire Elon Musk calls the Hyperloop.<p>Musk — who already plays leading roles in the SpaceX rocket venture, the Tesla electric car company and the SolarCity solar-energy company — unveiled his …