Gateway CEO Inouye Steps Down

Gateway’s CEO Wayne Inouye has stepped down, effective immediately, in favor of Gateway board chairman and director Rick Snyder, while the company initiates a search for a new CEO. The move comes as Gateway posted its first GAAP profit since 200 and increased its year-to-year operating income by $643 million in 2005.

Inouye took over the company following Gateway’s March 2004 purchase of eMachines, and is credited with helping rebuild and stabilize the company as it faced increased competition from direct marketer Dell and giant computer maker Hewlett-Packard looking to revitalize itself in consumer and business markets. He leaves the company to “pursue other interests,” which is classic corporate-speak for “golf and maybe pondering a memoir,” but in this case, Inouye will be staying on in an advisory capacity during the CEO search.

Interim CEO Snyder is no stranger to Gateway, having been a director of Gateway since joining the company in 1991, launching the company’s IPO in 1993, and serving as COO for a year and a half during 1996 and 1997. Snyder indicated he doesn’t envision any radical changes to Gateway’s operations in the near term: “Having just approved the 2006 annual operating plan, I and the other Directors believe the company is essentially on the right course for long-term growth, and that our employees and senior management team have a sense of urgency about improving the company’s financial results. However, we will take this opportunity to re-examine the strategic direction of Gateway to fine-tune our products, services and approach to our Professional and Consumer Direct markets.”

While a CEO search is underway, Snyder will remain board chairman but will step down as chairman of Gateway’s corporate governance and nominating committee, and as a member of the audit committee.

Computing

Latest Facebook bug exposed up to 6.8 million users’ private photos

An API bug recently left an impact on Facebook users. Though the issue has since been fixed, some of the apps on the platform had a wrongful access to consumers photos for 12 days between September 13 and September 25. 
Gaming

How do Nintendo Switch, Xbox One X compare to each other? We find out

The Nintendo Switch is innovative enough to stand apart from traditional consoles, but could it become your primary gaming system? How does the Switch stack up against the Xbox One?
Mobile

The Galaxy S10 may be announced before MWC, sell for up to $1,750

While we still may be months away from an announcement, there's no doubt about it: Samsung is working hard on its successor to the Galaxy S9. Here's everything we know about the upcoming Samsung Galaxy S10.
Movies & TV

'Stranger Things' season 3 teaser reveals the new episodes' titles

With a sophomore season as strong as its first, Stranger Things is now moving on to season 3. Here's everything we've learned so far about the Netflix series' upcoming third season.
Movies & TV

Out of movies to binge? Our staff picks the best flicks on Hulu right now

From classics to blockbusters, Hulu offers some great films to its subscribers. Check out the best movies on Hulu, whether you're into charming adventure tales or gruesome horror stories.
Computing

You can now get a Surface Laptop 2 for $800 at the Microsoft Store

Along with deals on other variants, starting configurations of Microsoft's Surface Laptop 2 are now going for $800 online at its retail store, cutting $200 from its usual $1,000 starting price. 
Computing

You’ll soon be able to scribble all over PDFs on your Chromebook

Chrome OS users may soon be able to doodle all over their PDF documents with the possible addition of a new feature in Chrome OS' PDF viewer. The annotation feature is expected to allow users to hand draw or write over their documents.
Computing

Need a monitor for professional photo-editing? These are the very best

Looking for the best monitor for photo editing? You'll need to factor in brightness, color accuracy, color gamut support and more. Fortunately, we've rounded up the best ones for you, to help you make an educated purchase.
Computing

HDR monitors are beginning to have an impact. Here are the best you can buy

HDR isn't the most common of PC monitor features and is often charged at a premium, but the list of available options is growing. These are the best HDR monitors you can buy right now.
Virtual Reality

Oculus Rift vs. HTC Vive: Prices drop, but our favorite stays the same

The Oculus Rift and HTC Vive are the two big names in the virtual reality arena, but most people can only afford one. Our comparison tells you which is best when you pit the Oculus Rift vs. HTC Vive.
Computing

Microsoft’s Windows 95 throwback was just an ugly sweater giveaway

Microsoft's "softwear" announcement wasn't what we had hoped for. Thursday's announcement was not the new line of wearable tech or SkiFree monster sweater we wished for. But it did deliver the 90s nostalgia we wanted.
Home Theater

Confused about LED vs. LCD TVs? Here's everything you need to know

Our LED vs. LCD TV buying guide explains why these two common types of displays are fundamentally connected, how they differ, what to look for in buying an LED TV, and what's on the horizon for TVs.
Computing

Canada’s winters inspired a startup to warm homes with cryptomining heat waste

Cryptomining may be the key to untold riches and the future of currency, but it’s also an environmental nightmare. Heatmine, thinks it has the answer, but it could mean bolting a mining rig onto every home and business in the country.
Deals

The best MacBook deals for December 2018

If you’re in the market for a new Apple laptop, let us make your work a little easier: We hunted down the best up-to-date MacBook deals available online right now from various retailers.