Mozilla’s Decision To Promote Brendan Eich To CEO Inspires Boycotts

Mozilla’s Decision To Promote Brendan Eich To CEO Inspires Boycotts

Mozilla’s Decision to Promote Brendan Eich to CEO Inspires Boycotts

Brendan_Eich

Mozilla has announced Brendan Eich will take over as the long-term replacement for interim CEO Jay Sullivan, who is leaving to “pursue new opportunities”. Sullivan originally stepped in for former CEO Gary Kovacs, who left in April 2013.

While working for Netscape in 1995, Eich invented JavaScript, which became the most widely used programming language for webpages and internet applications. Eich co-founded the Mozilla.org project in 1998 and was promoted to CTO of Mozilla in 2005.

His promotion to CEO has drawn criticism from gay and human rights activists. This is due to controversy that arose in 2012, when it was revealed that Eich donated $1,000 to a campaign supporting Prop 8 in California, a piece of legislation that denied gay and lesbian couples the right to marry.  Prop 8 passed, but was then overturned by a California state court, and this ruling was upheld by the United States Supreme Court.

Many users, now former users, of Mozilla services have begun boycotting their products, including their popular web browser Firefox. Hampton Catlin, who co-founded his company, rarebit, with his husband, wrote an open letter to Mozilla informing them he would no longer develop or test his apps on Firefox.

Box Goes Public with IPO

After over a year of anticipation, sparked by a January 2013 interview with Box’s (formerly Box.net) 29-year-old CEO Aaron Levie that announced eventual plans to go public, on Monday afternoon Box filed the necessary paperwork with the United States Securities and Exchange Commission that will allow them to sell shares to the general public. Box shares will now be available on the New York Stock Exchange under the ticker symbol BOX.

According to their S-1 filing, as of January 31st, 2014, Box has more than 25 million registered users, over 34,000 businesses that pay to use their services and 972 employees. Box noted revenues of $124.2 million in 2013, but also claimed some notable losses of $50.3 million, $112.6 million and $168.6 million in 2011, 2012 and 2013, respectively.

Eight banks, including Morgan Stanley and JP Morgan Chase, worked with Box for this initial offering. This IPO is a dual class offering, meaning shareholders who bought shares after Box went public will receive one vote per share, while company insiders who attained shares before the company went public will receive ten votes per share. Box expects to raise $250 million in its first month on the stock exchange.

By Adam Ritche

About CloudTweaks

Established in 2009, CloudTweaks is recognized as one of the leading authorities in connected technology information and services.

We embrace and instill thought leadership insights, relevant and timely news related stories, unbiased benchmark reporting as well as offer green/cleantech learning and consultive services around the world.

Our vision is to create awareness and to help find innovative ways to connect our planet in a positive eco-friendly manner.

In the meantime, you may connect with CloudTweaks by following and sharing our resources.

View All Articles

Sorry, comments are closed for this post.

Increasing Efficiency and Reducing Cost with Managed Printing Services

Increasing Efficiency and Reducing Cost with Managed Printing Services

Managed Printing Services This is a sponsored post written on behalf of HP MPS.  Today’s business leaders recognize the value of shared services, significantly providing a wide range of enterprises with the sophisticated tools they need to compete with big business, while additionally driving costs down. But an area often overlooked in our tech-savvy world…

Curing Cancer With Big Data

Curing Cancer With Big Data

Cancer & Big Data The fight against cancer has been going on for centuries. Many leaders have tried and failed to bring about change to cancer treatment. Richard Nixon famously declared a War on Cancer with the National Cancer Act of 1971, and while the Nixon administration certainly increased research funding, they ultimately fell short…

IoT & Predictive Analytics In Healthcare

IoT & Predictive Analytics In Healthcare

IoT & Predictive Analytics In a report by Grand View Research Inc., it’s predicted that the global Internet of Things (IoT) healthcare market will reach nearly $410 billion by 2022, with mobile penetration, software automation, and innovation medical devices promising rapid testing, greater accuracy, portability, and user-friendliness. Chronic diseases such as obesity, diabetes, heart failure,…

What Do You Do With A Drunken Sailor? Look To The Cloud

What Do You Do With A Drunken Sailor? Look To The Cloud

Saferide App Petty officer Michael Daigle of the US Navy has rolled out an app to curb drunken driving in the Navy ranks. His Saferide ride-sharing service runs on Voxox’s Cloud Phone service which costs just $15 a month and is popular among US Service members abroad, where mobile phones are not permitted for use…

Red Hat Offers Container Native Persistent Storage for Linux Containers

Red Hat Offers Container Native Persistent Storage for Linux Containers

Red Hat Offers Container Storage Latest Red Hat Gluster Storage release enables greater agility and efficiency for OpenShift developers deploying application containers in production SAN FRANCISCO – RED HAT SUMMIT – June 28, 2016 – Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced new storage innovations designed to enable developers to…

Cloud Security: The Top 8 Risks According To ENISA

Cloud Security: The Top 8 Risks According To ENISA

Cloud Security Risks Does security in the cloud ever bother you? It would be weird if it didn’t. Cloud computing has a lot of benefits, but also a lot of risks if done in the wrong way. So what are the most important risks? The European Network Information Security Agency did extensive research on that,…

Moving Your Enterprise Apps To The Cloud Is A Business Decision

Moving Your Enterprise Apps To The Cloud Is A Business Decision

Moving Your Enterprise Apps Whether it be enterprise apps or any other, if there is any heavy data that is going to be transacted in and through an app, then affiliating it with the Cloud becomes a must. And then an important question arises: How do you decide when to integrate your enterprise app with…

10 Trending US Cities For Tech Jobs And Startups

10 Trending US Cities For Tech Jobs And Startups

10 Trending US Cities For Tech Jobs And Startups Traditionally actors headed for Hollywood while techies made a beeline for Silicon Valley. But times are changing, and with technological job opportunities expanding (Infographic), new hotspots are emerging that offer fantastic opportunities for tech jobs and startup companies in the industry. ZipRecruiter, an online recruitment and job…

Cloud Computing Myths That SMBs Should Know

Cloud Computing Myths That SMBs Should Know

Cloud Computing and SMBs Cloud Computing is the hottest issue among IT intellects of Small and Medium Businesses (SMBs). Like any other computer-orientated technology, Cloud Computing has some misconceptions and myths that often kick-start arguments among the two opposing groups: Cloud Supporters and Cloud Opponents. Both of these groups have their own ideology and reasons…

Mobile Connected Technologies – The Future Of The Healthcare Industry

Mobile Connected Technologies – The Future Of The Healthcare Industry

Mobile Connected Technologies Clinics, hospitals, and other healthcare facilities are embracing new mobile technologies in order to be more efficient in their daily tasks. With faster communication and better collaboration, clinicians can spend much less time handling medical devices and more time administering care to their patients. Industry experts are stating that mobile connected technologies…

Infographic Introduction – Benefits of Cloud Computing

Infographic Introduction – Benefits of Cloud Computing

Benefits of Cloud Computing Based on Aberdeen Group’s Computer Intelligence Dataset, there are more than 1.6 billion permutations to choose from when it comes to cloud computing solutions. So what, on the face of it, appears to be pretty simple is actually both complex and dynamic regardless of whether you’re in the market for networking,…

The Cloud Above Our Home

The Cloud Above Our Home

Our Home – Moving All Things Into The Cloud The promise of a smart home had excited the imagination of the movie makers long ago. If you have seen any TV shows in the nineties or before, the interpretation presented itself to us as a computerized personal assistant or a robot housekeeper. It was smart,…