underwater

The Limits of Steve Jobs’s Power: Even the Apple CEO Can’t Make Options Interesting

Peter Kafka in Media on April 23, 2009 at 5:06 am PT

Congrats to the folks at Forbes for a journalistic coup: They’re the first media people to get their hands on sworn testimony Apple CEO Steve Jobs gave last year in a civil lawsuit. It is, as Forbes notes, “a rare look at Jobs in his own words.” Alas, Jobs in his own words, when he’s talking about options backdating, is just like anyone else: a snooze.

eBay Plans Options Water Safety Course

John Paczkowski in News on March 11, 2009 at 12:00 pm PT

Apparently, fear of a deepening recession alone isn’t enough to maintain tech worker loyalty these days–mounting job losses be damned. This week, Google repriced millions of employee stock options that had gone underwater as the company’s share price declined. Now eBay hopes to do the same. The reason: employee retention.