Remains of the Day: Money makes the world go round

04.11.2011

A report from 9to5 Mac says that Apple vice president of global security, John Theriault, has departed the company. The report links Theriault's departure to the earlier this year, but we think maybe he was just replaced with .

(FierceWireless)

Domestic carrier U.S. Cellular says it turned down the chance to sell the iPhone because it wouldn't have made economic sense--though it did mention it was open to reconsidering in the future. CEO Mary Dillon said during a financial conference call that Apple's terms were "unacceptable from a risk and profitability standpoint." The risk of making a profit was just too great!

(GigaOm)

Speaking of being turned down, CBS CEO Les Moonves (personal motto: "Les is more!") said recently that the company had declined to sign on with an Apple TV subscription streaming service, because it didn't want a revenue-sharing model. Why does nobody want any money?