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Continued: Inside Track: Fast-growing Magnet 360 raises more equity

  • Article by: NEAL ST. ANTHONY , Star Tribune
  • Last update: March 16, 2013 - 4:59 PM

Glassdoor, a job search website, has completed its second annual list of the highest rated chief executives. CEO Richard Davis of Minneapolis-based U.S. Bancorp ranks ninth, according to Glassdoor, which relies on anonymous ratings from employees. Davis, an even-keeled guy who manages what is considered one of the better-run financial companies in the country, moved up from No. 13 last year.

No other Minnesota CEO made the list. At the top of this year’s list was Facebook CEO Mark Zuckerberg, whose approval rating increased 14 percentage points from last year. Apple CEO, Tim Cook, was tops in the first list but dropped to 18th this year. Glassdoor asks employees whether they approve or disapprove of the way their CEO is leading the company. More info at:



Connect Minnesota last week said 78 percent of Minnesota households — or 3.2 million adults — now subscribe to broadband service at home, up from 72 percent in 2011. One of the biggest jumps was in mobile broadband usage, which increased by 12 percentage points.

Among the key findings of the residential survey: About 370,000 Minnesotans say they do not subscribe to home broadband service because they don’t feel that broadband is relevant to them, or they don’t believe they would benefit from having broadband at home. Within the past year, mobile Internet use has increased from 39 percent to 51 percent across the state. The freedom to access the Internet while away from home is the main reason why Minnesotans are subscribing to mobile broadband service on their cellphones.

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  • Co-founder Scott Litman is helping to oversee Magnet 360’s growth.

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