Tag Archives: CEO

LYNCHBURG, VA–(Marketwired – December 15, 2015) – Sitestar Corporation (SYTE) (“Sitestar” or the “Company”) a provider of consumer and business-grade Internet access, wholesale managed modem services for downstream ISPs and Web hosting and value-added products and service, and real estate investment entity today announced the following:

On December 14, 2015, the Company’s board of directors terminated Frank Erhartic for cause from his position as president and CEO of the company effective immediately. Mr. Erhartic also agreed to resign his position as a director of the Company effective immediately.

The board has appointed Steven L. Kiel as interim president and CEO.

The board has further agreed to engage legal counsel to lead an investigation to determine the appropriateness, scope, and…

Summary

• Helldivers 2’s Developing Studio – Arrowhead’s CEO has been addressing fans’ grievances on Twitter.
• He has assured fans that the development team works 24/7 to resolve the server and matchmaking issues.
• He has advised fans against buying the title if they are running low on cash with a confident and reassuring tone.

Swedish developers Arrowhead did not anticipate the barrage of players that would take a liking to the latest release of Helldivers 2. They, however, remain responsive to the fans’ requests to increase the server capacity.

On Twitter, developers Arrowhead’s CEO John Pilestedt responded to the disappointed fans of Helldivers 2, clarifying that the developers are working on improving the server capacity 24/7. He also mentioned…

The CEO of Pocketpair, the studio behind hit game Palworld, has revealed that the cost of running the gaming company’s servers is becoming a major concern for the company amid soaring costs.

Pocketpair is behind many popular games, including Palworld, Craftopia, and Overdungeon, which are available on Steam, a popular video game distribution service and storefront.

If you have somehow missed this story as it has been evolving, Japanese indie hit Palworld has been tearing up the leaderboards on both Steam and Xbox platforms. As we reported on Thursday, it has over 19 million players between the two stores, and while it’s available on Game Pass, the majority of the players are actually on Steam.

Now, Palworld is a multiplayer game. You can play it solo, but it’s intended to be played with up to 32 players in a single massive open world. This is one of many characteristics that the survival game inherited from Minecraft, ARK Survival Evolved, and similar “survival-craft” titles. Multiplayer games need game servers, and while you can host your own dedicated server for your friends, there are indeed quite a number of official servers as well.

So…

In a surprising turn of events, OpenAI announced on Friday that CEO Sam Altman has been fired, following a thorough review process by the board. The company cited Altman’s lack of consistent candor in communications with the board as the reason for his dismissal, stating that it hindered the board’s ability to fulfill its responsibilities. The board expressed a loss of confidence in Altman’s capacity to lead OpenAI moving forward.

Interim CEO Appointed Amidst Uncertainty

In response to Altman’s departure, OpenAI has appointed Chief Technology Officer Mira Murati as the interim CEO, effective immediately. The company plans to conduct a search for a permanent successor to lead OpenAI into its next chapter. When questioned by The Verge, OpenAI’s communications department…