Peloton's CEO throws in the towel after rocky turnaround attempt

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Barry McCarthy, the outgoing CEO of Peloton Interactive Inc., is stepping down after a tumultuous two years at the helm. Lured out of retirement following successful CFO tenures at Netflix and Spotify, McCarthy faced a daunting task: rescuing Peloton from the brink of collapse.

McCarthy's efforts included significant cost-cutting measures like job reductions and outsourcing, a leadership overhaul, and a strategic shift towards fitness services over hardware sales. However, these maneuvers proved unsuccessful.

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'Halo' lead Joseph Staten leaves Microsoft

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Joseph Staten, the head of creative on Halo Infinite and cinematic director on the first three Halo games, is leaving Microsoft. The company confirmed his departure, but it didn't mention where he was headed nor why he left Microsoft after nine years.

Staten took to Twitter to comment on IGN's report, saying, "Hey folks, I am indeed leaving Microsoft. I'll have more info to share soon, but for now, I'd just like to thank all my Xbox colleagues for all their understanding and support as I embark on a new adventure."

Apple's Cloud Chief Michael Abbott will reportedly leave the company in April

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Apple's top executive in charge of its cloud initiatives is reportedly leaving the company next month, in April. Michael Abbott will be the latest in a wave of recent departures from Apple. He is the second top lieutenant to services head Eddy Cue to leave this year. Abbott is in charge of services and technologies like iCloud.com, iCloud Mail, and the new iCloud data encryption. He also runs the platform that powers services like iCloud, FaceTime, iMessage, Find My feature, and Emergency SOS on iPhones, among others.

In recent years, Abbott has hired several cloud industry leaders to improve Apple's operations, but the integration of the new talent hasn't reportedly gone smoothly as hoped. Abbott has held his role for five years. He joined the company in 2018 after serving as an investor at venture capital company Kleiner Perkins and as an executive at Microsoft, Palm, and Twitter. Jeff Robbin will take over Abbott's responsibilities. Robbin is considered one of the company's most senior engineering leaders, and he's credited with creating iTunes. He has long managed engineering for several services under Cue.

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YouTube CEO Susan Wojcicki steps down

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After almost 25 years with the company, YouTube CEO Susan Wojcicki is stepping down from her role in the company. Neal Mohan, who has served as YouTube's chief product officer, will replace her. Wojcicki said she'll assist with the leadership transition and take on an advisory role across Alphabet in the long term.

Wojcicki was one of Google's earliest employees, where she even rented out her garage to co-founders Larry Page and Sergey Brin when they were building the search giant in the late 1990s. She was appointed CEO of YouTube in 2014 and served as Google's senior vice president of advertising before.

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