Recent Articles
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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…
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Microsoft Windows Tablet to Debut by Christmas to Counter iPad
(Reuters) – A Microsoft slate to counter Apple’s popular iPad tablet computer will be seen by the Christmas holiday, Microsoft’s Chief Executive Steve Ballmer said on Tuesday. Ballmer did not say whether the palm-sized slates would actually be on sale in time for Christmas, nor did he say who would make them. Microsoft has been…
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HP Software Acquisition Spree Expected
NEW YORK, Oct 1 (Reuters) – Hewlett-Packard’s (NYSE:HPQ) choice of CEO may spur a flurry of deals in the software industry, as it shores up one of the weakest parts of its business to do battle with Oracle (NASDAQ:ORCL) and IBM (NYSE:IBM). Leo Apotheker, former head of German business software giant SAP (DE:SAPG) and now…