Arik Hesseldahl

Recent Posts by Arik Hesseldahl

IBM CFO Loughridge to Retire at End of Year

Computing giant IBM said that CFO Mark Loughridge will retire from the company on Dec. 31. Martin Schroeter, General Manager of IBM Global Financing, will replace him. IBM made the announcement in a regulatory filing. IBM shares fell more than two dollars — more than one percent — to $177.50 in after-hours trading following the filing.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald