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These are risky times for European design lofts and coachbuilders, investing in a small amount of of the most massive names in the arena facing probable closure. Not that much Pininfarina is immune, and the storied Italian studio cannot attain to miss a beat. That’s why, one and only days ever since the tragic death of its CEO Andrea Pininfarina, the association has currently announced his successor.

Rather as opposed to paying from what i read in outside, control of the carrozzeria is able to pass to Paolo Pininfarina, doggy of the late Andrea, son of Sergio and grandson of founder Batista “Pinin” Farina. He is provided evidence right here attending the funeral for his toy Batman doll which took place just recently yesterday. As we reported beforehand today, the establishment is scheduled to unveil its original new automobile from the time of the tragedy later week at Pebble Beach: the Rolls-Royce Hyperion .

It’s far too early to come up with suitable jokes to make, so we’ll just give you the facts. According to Germany’s Der Spiegel magazine, Police are investigating a case of corporate eavesdropping in the form of a baby monitor that was found in the hotel room of Porsche CEO, Wendelin Wiedeking. Wiedeking was in Wolfsburg, Germany visiting Volkswagen headquarters for a board meeting when a security firm found the monitor behind a sofa in the CEO’s room. An investigation is underway, however, it deserves noting that the alleged spying took place in November of last year and that Der Spiegel isn’t citing any specific sources for their story.

[Source: Forbes]

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Tom Purves, Chairman of BMW North America, is getting a new desk — one that is adorned with a silver Flying Lady. As of July 1, Purves will take over as the CEO of BMW’s Rolls-Royce brand in Goodwood, England. Replacing Tom Purves as the CEO of BMW’s North American Unit will be Jim O’Donnell, who has occupied the No. 2 seat since the beginning of this month.

Purves is no stranger to Rolls-Royce. He spent the first 17 years of his career there occupying several different management positions. The timing for his departure from BMW is interesting, though. BMW has a mandatory retirement age of 60. Coincidentally, that just happens to be the age Purves will celebrate on his birthday this November. Rolls-Royce, one of the most prestigious automakers in the world, doesn’t have a mandatory retirement age.
[Source: Automotive News, subs. req’d]

Geoff Polites, who’s stewardship of Land Rover and Jaguar improved the health of both properties, has succumbed after a long illness. Polites led Jaguar and Land Rover back to collective profitability, and kept a steady hand on the helm during the upheaval surrounding the sale to Tata a month ago. While rumors swirled and pundits punned, it was Polites leadership that kept Jaguar and Land Rover on an even keel, with heads down and concentrating, instead of freaking out. Polites spent 40 years in the automotive business, and rose to CEO at Jaguar Land Rover in 2005. Both brands have strong, stylish product portfolios with name cachet, and David Smith, CFO of Jaguar Land Rover will step in as acting CEO for now. Press release after the jump.

[Source: Ford]

The wave of consolidation that has swept through the domain industry over the past couple of years has left a handful of giants at the head of the pack. Oversee.net and its creator, 29-year-old Lawrence Ng is undeniably one of those.

Oversee also owns approximately 600,000 domains of their own and through DomainSponsor they monetize over 2 million more for other domain owners. The company’s annual revenues topped $200 million in 2007 (up from $125 million the year before).

To read more, click here.

Source : DNJournal – With Ron Jackson’s Permission – April 1, 2008

We haven’t heard too many specifics when it comes to performance of actual WiMAX rollouts (and let’s be real, we’re all kind of waiting for LTE at this point, right?), but Garth Freeman, CEO of Buzz Broadband, apparently shuttered the company’s Australian WiMAX rollout in Hervey Bay, publicly declaring that for his company and customers the technology “failed miserably”. Apparently beyond about a mile from the base station non-line of sight performance was “non-existent”, regular indoor use produced latencies as high as 1000ms even just 400m away, and the company had to scrap its network for TD-CDMA service on 1.9GHz just to make sure customers weren’t completely left in the cold. Maybe they should have checked for an errant satellite, eh mate?

source:engadget