Recent Articles
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Deconstructing HPs Dysfunction
Deconstructing HPs Dysfunction Ray LaneChairman of the board starting November 2010Former Oracle President Ray Lane left the Silicon Valley software giant in the year 2000, after friction grew between him and CEO and founder Larry Ellison. Lane went on to serve as general partner at venture capital firm Kleiner Perkins Caufield & Byers. Now he’s…
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Cisco, Verizon Partner on Consumer Video Conferencing Launch
NEW YORK Oct 5 (Reuters) – Verizon Communications Inc (NYSE:VZ) said on Tuesday it will be part of Cisco Systems Inc’s (NASDAQ:CSCO) announcement of a home version of its TelePresence videoconference system. Cisco is widely expected on Wednesday to unveil a cheaper and consumer-friendly version of its popular TelePresence system, currently used by businesses. Cisco…
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Former GE CEO Welch Slams HP Board
Jack Welch, former GE CEO, called HP’s board “dysfunctional” and criticized it for its handling of Mark Hurd’s resignation and Leo Apotheker’s appointment as CEO. Former General Electric CEO Jack Welch is the latest executive to take shots at Hewlett-Packard’s board for its handling of the issue involving former CEO Mark Hurd and the subsequent…
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Skype Taps Cisco Exec as New CEO
Oct 4 (Reuters) – Internet telephony provider Skype said on Monday that Tony Bates, a senior executive of Cisco Systems (NASDAQ: CSCO) would become the top executive at Skype, which is planning an initial public offering. Skype, which is partly owned by eBay (NASDAQ: EBAY), said that the company’s Chief Financial Officer Adrian Dillon would…
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Oracle’s Ellison Criticizes HP for Hiring Ex-SAP CEO
Oct 4 (Reuters) – Oracle Corp (NASDAQ: ORCL) chief executive Larry Ellison chided Hewlett-Packard’s board for hiring Leo Apotheker, who was at the helm of SAP AG when the German software company "confessed" to stealing Oracle’s intellectual property. Apotheker was picked to replace Mark Hurd as chief executive of HP after the latter was forced…
