Telecom Italia announced the appointment of Flavio Cattaneo as CEO, following the departure of Marco Patuano as CEO and Director. Cattaneo currently heads the rail network NTV SpA-Nuovo Trasporto Viaggiatori.
News reports cited a management conflict between Patuano and the Telecom Italia Board. As severance, Patuano was paid an additional amount of 1,235,000 euros gross with respect to termination of the directorship and 4,765,000 euros gross with respect to termination of the employment contract for a amount of 6,000,000 euros gross.
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You just read about All. A technology from the archive that helped get us here:
Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?
Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.