September 20, 2000 |
Joel I. Klein, the antitrust enforcer who made the decision to take on Microsoft Corp. and its billionaire Chairman Bill Gates in a landmark antitrust battle, announced Tuesday that he will resign by month's end. The departure of the 53-year-old Klein was seen as potentially beneficial to the Redmond, Wash.-based software giant, which saw its shares climb $2, to close at $65, on Tuesday. The increase capped a broad rally of technology stocks that have largely stumbled since last spring, when U.
June 9, 2011 |
Lawrence "Lon" Jacobs, the general counsel of media giant News Corp. and a confidant of Chairman and Chief Executive Rupert Murdoch, is leaving the company after 15 years. Jacobs, 56, played a key role in several major media deals over the years, including News Corp.'s acquisitions of the Wall Street Journal and the social-networking site MySpace. Besides his duties as general counsel, he was also one of seven executives who served in Murdoch's Office of the Chairman, which acts as an advisory board of sorts for the company's leadership.
February 1, 2001 |
Germany-based media conglomerate Bertelsmann said it has hired Joel Klein, the former Justice Department attorney who led the government's antitrust case against Microsoft Corp., to run its U.S. corporate services unit. As chief executive of the Bertelsmann unit responsible for tax, audit and legal affairs, Klein is expected to advise the firm as it pursues a potential merger with EMI Group and attempts to transform Napster, the free file-swapping service, into a subscription-based venture.
July 30, 2002 |
New York Mayor Michael R. Bloomberg on Monday named Joel Klein--the former Justice Department prosecutor who led the legal battle to break up Microsoft Corp.--as chancellor of the nation's largest public school system. Klein, who ran the Justice Department's antitrust division for nearly four years but has limited education credentials, will begin overseeing the city's troubled public schools and its 1.1 million students within several weeks.
April 13, 2000 |
Justice Department antitrust chief Joel Klein on Wednesday defended the government's case against Microsoft in testimony before the House Judiciary Committee and received bipartisan support, with some GOP criticism of the suit. "Everyone would benefit from a toning-down of the rhetoric and a greater faith in the court system to come to the right resolution," said House Judiciary Committee Chairman Henry J. Hyde (R-Ill.). Senate Majority Leader Trent Lott (R-Miss.), Rep. J.C. Watts Jr. (R-Okla.
April 7, 2011 |
Cathie Black, the high-profile magazine executive hand-picked by New York Mayor Michael R. Bloomberg to run the nation's largest school system, resigned Thursday after three tumultuous months on the job. The departure — Bloomberg said it was by mutual agreement — marked one of the more embarrassing episodes of the billionaire's three terms in office. Bloomberg, heralded by himself and others as a manager's manager who had brought business discipline to government, installed Black with virtually no consultation or any sense of political support.