Recent Articles
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Oracle President Mark Hurd’s Big Paycheck
(Reuters) – Oracle Corp offered its new president, Mark Hurd, former head of Hewlett-Packard Co, a salary of $950,000 and a bonus of up to $10 million for fiscal 2011, plus stock options. Oracle, the world’s No. 3 software maker, named Hurd co-president on Monday, a month after he stepped down from HP following a…
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Oracle Hires HP’s Former CEO Mark Hurd
NEW YORK, Sept 6 (Reuters) – Silicon Valley technology giant Oracle Corp (NASDAQ:ORCL) has hired Mark Hurd, the former chief executive of Hewlett-Packard Co (NYSE:HPQ) who resigned amid a scandal, as president. Hurd, a close friend of Oracle CEO Larry Ellison will replace Charles Phillips, who has resigned, Oracle said in a statement on Monday.…
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HP Sues Ex-CEO Mark Hurd Over Oracle Job
HP has filed suit against former CEO Mark Hurd over his intention to join Oracle, which could be considered a rival in many aspects of the business. HP announced the lawsuit at its corporate blog. The tech giant filed the civil complaint in the California Superior Court of Santa Clara County, stating the following: “Mark…
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AMD
AMD Intel’s perennial competitor in the PC and server processor markets, AMD has always been able to put a special kind of hurt on Intel when it comes to the innovation and partnering footrace. Most recently it inked a deal with IBM to power its new line of Blade Servers. Texas Instruments One of the…
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Cisco Smart Grid Plans include Arch Rock Acquisition
SAN FRANCISCO, Sept 2 (Reuters) – Network equipment maker Cisco Systems Inc (NASDAQ:CSCO) said on Thursday it was buying start-up Arch Rock for an undisclosed sum as it aggressively moves to expand in the growing smart grid market. The news of the acquisition comes a day after the networking giant said it was teaming up…
