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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
TechInternet of Things

Mike Simon to step down as LogMeIn CEO, will remain chairman

Barb Darrow
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Barb Darrow
Barb Darrow
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Barb Darrow
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Barb Darrow
Barb Darrow
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September 2, 2015, 5:49 PM ET
LogMeIn

Michael Simon is stepping down as CEO of LogMeIn, and William Wagner will step into that slot at the end of the year. Simon will remain chairman of the Boston-based software maker.

In 2003, Simon co-founded the company, which offers easy-to-use web conferencing software and remote-access and management products to help in IT support. Last year, LogMeIn (LOGM) entered the burgeoning Internet of Things arena with a series of acquisitions including the $12 million purchase of Ionia.

Wagner came aboard in 2013 as chief operating officer, was promoted to president early this year, and was named to the board of directors later in the year.

For more on the Internet of things opportunities and challenges check out this video.

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