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 …

London Business School

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 calamitous decline in smartphone market

Once dubbed the 'CrackBerry', the smartphone company suffered a calamitous decline in the business it helped revolutionise<p>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 …

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 …

High-speed Rail