Ferrari’s shareholders officially approved Louis Camilleri as the new CEO. He’s been in that role since July when Sergio Marchionne stepped aside. The company chairman says the future is bright, and will be as good as its past.
Toymaker Mattel is getting into the movie business. It’s launching a new film division, to develop movies based on popular brands like Barbie and Hot Wheels. And it’s hired noted producer Robbie Brenner to head up the program. Mattel has been looking for new revenue streams, as toy sales slump.
Interesting news with our parent company, Verizon — the Wall Street Journal says the head of the Oath division is in talks to exit. Our boss, Tim Armstrong, joined Verizon in 2015, as part of the acquisition of AOL. He was named CEO of AOL in 2009. Armstrong later guided the purchase of Yahoo. Armstrong did not respond to the report, and an Oath spokesperson declined to comment.
Some changes are coming to Twitter. The site is testing out a redesign of how it appears on your desktop. That includes night mode, a data-saving mode and bookmarks. It’s almost identical to how the site appears on some mobile phone browsers. Twitter says it’s just a limited test for now.
Apple is reportedly building an online tool for police to request data as part of investigations. Reuters says the company is also building a team to educate police on just what kind of information they can get. This news comes ahead of Apple’s big announcement of new devices next week. Several industry blogs say that will include a new 6 1/2 inch iPhone and will cost more than $1,000.