Corporate Watch

Published January 30, 2015

McDonald’s CEO steps down as sales decline

NEW YORK: McDonald’s CEO Don Thompson is stepping down as the world’s biggest burger chain fights to hold onto customers and transform its image.

The company, which has more than 36,000 locations around the world, is struggling amid intensifying competition and changing attitudes about food.—AP

Microsoft launches Outlook for iOS, Android

WASHINGTON: Microsoft on Thursday launched an Outlook app for rival handsets running on Apple’s iOS and Google’s Android, ramping up its software services efforts.

The move will allow users of iPhones, iPads and Android-powered smartphones and tablets to more easily access the email service popular with many businesses.

Published in Dawn, January 30th, 2015

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