September 8, 2010 6:34 AM PDT
by Lance Whitney
Tapped by Larry Ellison to become a co-president of Oracle, Mark Hurd is poised to earn a base salary of $950,000 per year.
Mark Hurd
(Credit:
HP)
Hurd is also eligible for an executive bonus of $5 million next year if he meets whatever targets Oracle has set [...]
September 7, 2010 11:44 AM PDT
by Erica Ogg
Hewlett-Packard is suing Mark Hurd, a day after his hire by Oracle.
Court documents filed Tuesday morning in Santa Clara County show HP is accusing its former CEO of breach of contract and threatened misappropriation of trade secrets.
HP released a statement Tuesday morning saying that [...]
September 6, 2010 6:00 PM PDT
by Michelle Meyers
Former HP CEO Mark Hurd is leaving News Corp's board.
(Credit:
HP)
It’s official. As some had been expecting, Oracle announced Monday evening that it has hired former Hewlett-Packard CEO Mark Hurd to be its new company president as well as a member of its board of [...]
September 5, 2010 9:33 AM PDT
by Charles Cooper
Mark Hurd, who resigned as Hewlett Packard’s chief executive officer last month after sexual harassment allegations, has been talking about a senior post with Oracle, according to The Wall Street Journal
.
Former HP CEO Mark Hurd.
(Credit:
HP)
The Journal said details about the job discussions remained [...]
September 2, 2010 1:17 PM PDT
by Erica Ogg
Desktops helped Dell regain its former place as the No. 2 PC maker–behind HP, but ahead of Acer.
(Credit:
CNET)
After vaulting over Dell to take the No. 2 spot among the top sellers of PCs last year, Acer now finds itself back in third place.
According to [...]
August 31, 2010 6:35 AM PDT
by Lance Whitney
Mark Hurd
(Credit:
HP)
Former HP CEO Mark Hurd, who recently left the company amid a sexual harassment scandal, is losing another position.
Hurd failed to be nominated for re-election to the board of directors of News Corp. and will exit that position after the company’s annual meeting [...]
August 30, 2010 9:47 AM PDT
by Lance Whitney
Hewlett-Packard has been given the go-ahead by its board to buy back up to $10 billion of its own stock, the company announced Monday.
HP said it plans to pick up shares “opportunistically” and is targeting the repurchase as a way to manage the dilution [...]
August 30, 2010 9:47 AM PDT
by Lance Whitney
Hewlett-Packard has been given the go-ahead by its board to buy back up to $10 billion of its own stock, the company announced Monday.
HP said it plans to pick up shares “opportunistically” and is targeting the repurchase as a way to manage the dilution [...]
August 27, 2010 11:39 AM PDT
by Larry Dignan
Novell has a new best friend when it comes to Suse Linux distribution: VMware.
If you recall, Novell’s former best friend for Suse Linux was Microsoft. Microsoft and Novell have a partnership where the two parties had certificates that indemnified Suse users from any intellectual-property [...]
August 27, 2010 10:33 AM PDT
by Lance Whitney
Investor Carl Icahn once again ups his stake in Motorola.
(Credit:
icahnreport.com)
Carl Icahn has bumped up his share of Motorola to around 10.4 percent, according to a filing with the Securities and Exchange Commission.
The SEC filing shows that the billionaire investor spent a total of $86.2 [...]