<p>Susan Wojcicki, CEO of YouTube and one of the original Google employees, said on Thursday that she is exiting&nbsp;from the company that was started&nbsp;in her garage 25 years ago.&nbsp;She made the announcement in a personal update on the video-sharing website. Youtube insider Neal Mohan will replace&nbsp;Wojcicki. The shift of leadership occurs as Netflix and TikTok, a popular app for short videos, compete for viewer attention with YouTube.</p>

<p>One of the most famous women in tech, Wojcicki, 54, said she will focus on “family, health, and personal projects” as per Reuters. She&nbsp;previously held the position of senior vice president for ad products at&nbsp;Google&nbsp;and became the CEO of YouTube in 2014.&nbsp;</p>

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<p dir="ltr" lang="en">Today, after nearly 25 years at <a href="https://twitter.com/Google?ref_src=twsrc%5Etfw">@Google</a>, I’m stepping back to start a new chapter. I'm inspired every day by creators around the world who bring people together on <a href="https://twitter.com/YouTube?ref_src=twsrc%5Etfw">@YouTube</a>. It's been an honor to have a front row seat to this incredible community. <a href="https://t.co/063sYalPzX">https://t.co/063sYalPzX</a></p>
— Susan Wojcicki (@SusanWojcicki) <a href="https://twitter.com/SusanWojcicki/status/1626279709825978369?ref_src=twsrc%5Etfw">February 16, 2023</a></blockquote>
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<h2><strong>Who is Neal Mohan? The new CEO of YouTube to replace&nbsp;Susan Wojcicki</strong></h2>

<p>In 2008, Neal Mohan joined Google, which owns YouTube. He graduated from Stanford. He also served as the company's chief product officer before to taking the helm as CEO of YouTube, as reported by the Mint.</p>

<p>Mohan had previously worked for Microsoft and is a member of the boards of Stitch Fix and 23andMe, two companies that specialise in genomics and biotechnology.</p>

<p><strong>ALSO READ |</strong>&nbsp;<a href="https://www.wionews.com/technology/ai-comes-up-with-40000-toxic-chemicals-in-6-hours-scientists-warn-could-be-used-to-make-biological-weapons-561636">AI comes up with 40,000 toxic chemicals in 6 hours; scientists warn could be used to make biological weapons</a></p>

<p>Mohan and Wojcicki have worked closely for almost 15 years. He joined <a href="https://www.wionews.com/trending/microsofts-bing-chatbot-denying-obvious-facts-scolding-users-562695">Google</a> in 2007 as part of the DoubleClick acquisition and eventually rose to the position of senior vice president of Display and Video Ads. In 2015, he was appointed chief product officer of YouTube.</p>

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<p dir="ltr" lang="en">thank you <a href="https://twitter.com/SusanWojcicki?ref_src=twsrc%5Etfw">@SusanWojcicki</a> for all your amazing work over the years to make YouTube home for so many creators ♥️ <a href="https://t.co/T2t2NUqRsW">pic.twitter.com/T2t2NUqRsW</a></p>
— YouTube Creators (@YouTubeCreators) <a href="https://twitter.com/YouTubeCreators/status/1626267163685265410?ref_src=twsrc%5Etfw">February 16, 2023</a></blockquote>
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<p>“He has a wonderful sense for our product, our business, our creator and user communities, and our employees. Neal will be a terrific leader for YouTube," Wojcicki said.</p>

<p><strong>ALSO WATCH |&nbsp;Mark Zuckerberg's security allowance hiked amid massive layoffs</strong></p>

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<p>"With all, we’re doing across Shorts, streaming, and subscriptions, together with the promises of AI, YouTube’s most exciting opportunities are ahead, and Neal is the right person to lead us," she added.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>

<p><strong>WATCH WION LIVE HERE:</strong></p>

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Susan Wojcicki, CEO of YouTube and one of the original Google employees, said on Thursday that she is exiting from the company that was started in her garage 25 years ago.

Susan Wojcicki, CEO of YouTube and one of the original Google employees, said on Thursday that she is exiting from the company that was started in her garage 25 years ago. She made the announcement in a personal update on the video-sharing website. Youtube insider Neal Mohan will replace Wojcicki. The shift of leadership occurs as Netflix and TikTok, a popular app for short videos, compete for viewer attention with YouTube. One of the most famous women in tech, Wojcicki, 54, said she will focus on “family, health, and personal projects” as per Reuters. She previously held the position of senior vice president for ad products at Google and became the CEO of YouTube in 2014. Today, after nearly 25 years at @Google, I’m stepping back to start a new chapter. I'm inspired every day by creators around the world who bring people together on @YouTube. It's been an honor to have a front row seat to this incredible community. https://t.co/063sYalPzX — Susan Wojcicki (@SusanWojcicki) February 16, 2023 × Who is Neal Mohan? The new CEO of YouTube to replace Susan Wojcicki In 2008, Neal Mohan joined Google, which owns YouTube. He graduated from Stanford. He also served as the company's chief product officer before to taking the helm as CEO of YouTube, as reported by the Mint. Mohan had previously worked for Microsoft and is a member of the boards of Stitch Fix and 23andMe, two companies that specialise in genomics and biotechnology. ALSO READ | AI comes up with 40,000 toxic chemicals in 6 hours; scientists warn could be used to make biological weapons Mohan and Wojcicki have worked closely for almost 15 years. He joined Google in 2007 as part of the DoubleClick acquisition and eventually rose to the position of senior vice president of Display and Video Ads. In 2015, he was appointed chief product officer of YouTube. thank you @SusanWojcicki for all your amazing work over the years to make YouTube home for so many creators ♥️ pic.twitter.com/T2t2NUqRsW — YouTube Creators (@YouTubeCreators) February 16, 2023 × “He has a wonderful sense for our product, our business, our creator and user communities, and our employees. Neal will be a terrific leader for YouTube," Wojcicki said. ALSO WATCH | Mark Zuckerberg's security allowance hiked amid massive layoffs "With all, we’re doing across Shorts, streaming, and subscriptions, together with the promises of AI, YouTube’s most exciting opportunities are ahead, and Neal is the right person to lead us," she added. (With inputs from agencies) WATCH WION LIVE HERE:

Who is Neal Mohan? Indian-American to replace YouTube CEO Susan Wojcicki as she steps down

<p>South Korea's largest mobile chat app&nbsp;Kakao Corporation's CEO Namkoong Whon resigned on Wednesday after failing to calm public anger over not being able to access various services.</p>

<p>The CEO was indirectly forced to resign after seven months of appointment after millions of users vented anger over outage following a power cut due to a fire at a data centre.<br />
<br />
<a href="https://www.wionews.com/world/founder-of-south-koreas-kakao-to-give-away-half-his-billions-362180"><strong>Also read |&nbsp;Founder of South Korea's Kakao to give away half his billions</strong></a></p>

<p>After a massive outage, the company promised to increase its investment in the data centre. Both former CEO Namkoong and co-CEO Hong Euntaek apologised to people for the inconvenience caused.&nbsp;</p>

<p>At a press conference, co-CEO, now CEO Hong said, "We did not prepare for a complete shutdown of an entire data centre." He added, "We will increase infrastructure investment so we can be prepared for shutdown of a data centre or two."</p>

<p>Hong further said that though most of the systems were recovered on Wednesday, some unknown functions remained disturbed and people were not able to do some basic chores, like paying online.&nbsp;</p>

<p><a href="https://www.wionews.com/world/north-korea-fires-artillery-shells-near-sea-border-says-south-korean-military-526580"><strong>Also read |&nbsp;North Korea fires artillery shells near sea border, says South Korean military</strong></a></p>

<p>Hong said, "While Kakao has become a public service that the majority of the public uses, we've neglected the responsibilities accompanying our status."</p>

<p>The former CEO will remain an adviser to the company. He said, "As the CEO in charge of the business...all thinking revolved around sales and operating profit. Rather than staying in that role, I recognise the gravity of this situation."<br />
Reuters reported him as adding,&nbsp;"For a tech company, the system is like water or air... as (Kakao) has grown rapidly in recent years, we are reevaluating the need for deeper interest and investment in the area."&nbsp;<br />
&nbsp;<br />
As per the company's statement, Kakao is set to invest $460 million to build its own data centres. One of them will be completed by next year.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>

<p><strong>WATCH WION LIVE HERE</strong></p>

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South Korea's largest mobile chat app Kakao Corporation's CEO Namkoong Whon resigned on Wednesday after failing to calm public anger over not being able to access various services.

South Korea's largest mobile chat app Kakao Corporation's CEO Namkoong Whon resigned on Wednesday after failing to calm public anger over not being able to access various services. The CEO was indirectly forced to resign after seven months of appointment after millions of users vented anger over outage following a power cut due to a fire at a data centre. Also read | Founder of South Korea's Kakao to give away half his billions After a massive outage, the company promised to increase its investment in the data centre. Both former CEO Namkoong and co-CEO Hong Euntaek apologised to people for the inconvenience caused. At a press conference, co-CEO, now CEO Hong said, "We did not prepare for a complete shutdown of an entire data centre." He added, "We will increase infrastructure investment so we can be prepared for shutdown of a data centre or two." Hong further said that though most of the systems were recovered on Wednesday, some unknown functions remained disturbed and people were not able to do some basic chores, like paying online. Also read | North Korea fires artillery shells near sea border, says South Korean military Hong said, "While Kakao has become a public service that the majority of the public uses, we've neglected the responsibilities accompanying our status." The former CEO will remain an adviser to the company. He said, "As the CEO in charge of the business...all thinking revolved around sales and operating profit. Rather than staying in that role, I recognise the gravity of this situation." Reuters reported him as adding, "For a tech company, the system is like water or air... as (Kakao) has grown rapidly in recent years, we are reevaluating the need for deeper interest and investment in the area." As per the company's statement, Kakao is set to invest $460 million to build its own data centres. One of them will be completed by next year. (With inputs from agencies) WATCH WION LIVE HERE

Kakao's CEO Namkoong Whon resigns after outage, company to build its own data centres

<p>Tullow <a href="https://www.wionews.com/business-economy/shares-end-lower-as-oil-prices-soar-after-saudi-attack-249991">Oil shares</a> more than halved on Monday as Chief Executive Officer Paul McDade stepped down and the energy company scrapped its dividend after failing to meet production targets due to weak performance by flagship assets in Ghana.</p>

<p>The company has been plagued by technical problems at its Jubilee field in Ghana and a delay in completing a well at the TEN offshore field, which led Tullow to cut its estimates for 2019 oil output last month.</p>

<p>Tullow also suffered blows in recent months due to setbacks at East Africa projects in Uganda and Kenya, as well as to its plans to develop oil fields in Guyana.</p>

<p>The shares were down 53 per cent&nbsp;by 0901 GMT, as Tullow's head of exploration Angus McCoss also resigned on Monday.</p>

<p>Tullow reset its production outlook and is expected to produce 87,000 barrels of oil per day (bopd) this year, while lower production in 2020 of between 70,000 and 80,000 bopd, as it undertook a review of its production performance issues.</p>

<p>In a conference call, the company said it was open to receiving offers to acquire the company at the proper value.</p>

<p>The Africa-focused oil firm also suspended its dividend as it aimed to generate more cash to support future investment plans and current explorations.</p>

<p>"The board has, however, been disappointed by the performance of Tullow's business and now needs time to complete its thorough review of operations," Executive Chairman Dorothy Thompson said.</p>

<p>Chief Financial Officer Les Wood said Tullow remained "comfortable" with its covenants with banks and the London-listed company said it had started a process to find a new group chief executive.</p>

<p>Cantor Fitzgerald Europe described the difficulties the company announced as "a bit of a kitchen sinking".</p>

<p>"Investors may well agree that a reset is the correct approach, although that is unlikely to prevent another huge sell-off today," the financial services company said in a note.</p>


Tullow Oil shares more than halved on Monday as Chief Executive Officer Paul McDade stepped down and the energy company scrapped its dividend after failing to meet production targets due to weak performance by flagship assets in Ghana.

Tullow Oil shares more than halved on Monday as Chief Executive Officer Paul McDade stepped down and the energy company scrapped its dividend after failing to meet production targets due to weak performance by flagship assets in Ghana. The company has been plagued by technical problems at its Jubilee field in Ghana and a delay in completing a well at the TEN offshore field, which led Tullow to cut its estimates for 2019 oil output last month. Tullow also suffered blows in recent months due to setbacks at East Africa projects in Uganda and Kenya, as well as to its plans to develop oil fields in Guyana. The shares were down 53 per cent by 0901 GMT, as Tullow's head of exploration Angus McCoss also resigned on Monday. Tullow reset its production outlook and is expected to produce 87,000 barrels of oil per day (bopd) this year, while lower production in 2020 of between 70,000 and 80,000 bopd, as it undertook a review of its production performance issues. In a conference call, the company said it was open to receiving offers to acquire the company at the proper value. The Africa-focused oil firm also suspended its dividend as it aimed to generate more cash to support future investment plans and current explorations. "The board has, however, been disappointed by the performance of Tullow's business and now needs time to complete its thorough review of operations," Executive Chairman Dorothy Thompson said. Chief Financial Officer Les Wood said Tullow remained "comfortable" with its covenants with banks and the London-listed company said it had started a process to find a new group chief executive. Cantor Fitzgerald Europe described the difficulties the company announced as "a bit of a kitchen sinking". "Investors may well agree that a reset is the correct approach, although that is unlikely to prevent another huge sell-off today," the financial services company said in a note.

Britain's Tullow Oil shares plunge over 50% as CEO resigns

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Who is Neal Mohan? Indian-American to replace YouTube CEO Susan Wojcicki as she steps down

Kakao's CEO Namkoong Whon resigns after outage, company to build its own data centres

Britain's Tullow Oil shares plunge over 50% as CEO resigns