TechTaffy

tech:

taffy

Deutsche Telekom CEO Stepping Down

By TechTaffy Desk

[Techtaffy Newsdesk]

Deutsche Telekom CEO René Obermann is stepping down as CEO at the end of the month. Chief financial officer Timotheus Höttges is succeeding René Obermann as of January 1, 2014 as the new.

René Obermann: I want to go back to having more time for customers, for product development and for technology.

According to a statement from the company, Mr. Obermann is stepping down as CEO to move closer to operational activities than would otherwise be possible for the CEO of an international corporate group. He is expected to take on even more entrepreneurial activities, though no specifics were shared.

Mr. Obermann is leaving Deutsche Telekom after 16 years, of which he spent seven at the head of the company and 11years as a member of the board.

Just in

Around the web

U.S. bans noncompete agreements for nearly all jobs — NPR

The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own, writes Andrea Hsu. 
AI

The Coca-Cola Company commits $1.1B to Microsoft Cloud and AI partnership

The Coca-Cola Company and Microsoft announced a five-year partnership on Tuesday. As part of the collaboration, Coca-Cola has committed $1.1 billion to Microsoft Cloud and generative AI capabilities. 
Industry

Silicon Labs appoints Radhika Chennakeshavula as CIO

Silicon Labs has appointed Radhika Chennakeshavula as chief information officer.
Around the web

Apple deletes WhatsApp, Threads from China app store on orders from Beijing — CNN

Apple has removed WhatsApp and Threads from its app store in China, following an order from the country’s internet watchdog, writes Juliana Liu.
Industry

Singtel, Vonage partner to integrate Paragon platform

Singtel has announced a partnership with Vonage, a cloud communications company and subsidiary of Ericsson, to help enterprises and telcos innovate and scale their services through Singtel's orchestration platform, Paragon.