Starbucks CEO Joins Groupon Board Of Directors

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Groupon employees might want to look for the quality of coffee at their workplace to improve in the near future.  This afternoon, Groupon announced that Howard Schultz, the CEO of Starbucks, has joined its board of directors.  Groupon got an unspecified amount of money from a VC firm, too. Let’s cover the funding news first, since there’s not much to …

AMD CEO Steps Down, Company Searches for Replacement

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AMD announced today that President, CEO, and director Dirk Meyer has stepped down from these positions. The company’s Board has appointed SVP and CFO Thomas Seifert as interim CEO while they search for Meyer’s replacement.  "Dirk became CEO during difficult times," said Bruce Claflin, Chairman of the Board. "He successfully stabilized AMD while simultaneously concluding strategic initiatives including the launch …

Twitter Raises $200M In Funding At $3.7B Valuation

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For most people with a financial interest in Twitter, these are going to be some happy holidays indeed.  The company’s confirmed a new round of funding, and reports indicate that it raised $200 million at a valuation of a stunning $3.7 billion. Dick Costolo confirmed on the Twitter Blog that Kleiner Perkins Caufield Byers was, as had been rumored, the …