It has just been revealed that Steve Jobs is resigning from his position as CEO at Apple. Jobs will remain at Apple as chairman of the board and recommended he be replaced by Apple chief operating officer Tim Cook. The change in power has been made official today.

The CEO of Lenovo, William Amelio announced his resignation today as his three year contract with the company comes to a close. Insiders speculate that the resignation stems from the company’s stunning $97 million loss for the third quarter. This number is a dramatic comparison to Lenovo’s $172.6 million profit in the same quarter the previous year.

Amelio will remain with the company until September 30 as a special advisor while Yang Yuanqing takes over the CEO position. Yang Yuanqing had filled the position previously until 2005 when he was appointed head of the chair.

The night after Obama’s election was a time for celebration for most people (although obviously not John McCain) with parties, drinking and general fun. However for one British journalist the night became a bit of a nightmare when he became an overnight star on YouTube.

Sitting in a corner on a laptop he is approached by a cameraman, who asks him a few questions about himself and the election. Adam Smith (the journalist) is obviously quite drunk, but talks fairly coherently about why he is there and who he works for (Birmingham Mail in England), but then it all went wrong. When asked about an article he is writing at the moment he says that he has copied and pasted it off the BBC website, and then goes on to resign from his job.