Feeds

Apple's Cook not jumping to HP

COO says he's in love

Top three mobile application threats

Tuesday morning, a rumor popped up that Apple COO Tim Cook was to become HP's CEO. Apple's stock took a beating. And Tuesday afternoon, the rumor was denied.

"Tim Cook will not be going to HP, he loves Apple," a well-placed source told Barron's Tiernan Ray after talking with Cook over coffee a few miles north of One Infinite Loop.

Apple stock trading September 28, 2010

It was a wild 'n' wacky day for AAPL

Perhaps in response to the rumor, perhaps prompted by sell-off algorithms in computer-trading software, or perhaps simply as a result of the skittishness in the US economy in general, Apple's stock took two sharp drops in the day's trading — a haymaker as soon as the market opened, and a jab around 12:30.

"Rumors, games, or what?" Seeking Alpha contributor Karl Denninger blogged, adding: "Folks, this sort of crap is totally out of hand."

Over on The New York Observer: Wall Street, Mike Taylor reports that Apple is not alone in its bizarre stock behavior, noting that RIM, IBM, Dell, GE, Oracle, Microsoft, and HP also suffered "weird spikes."

Taylor summed up the recent market freakishness by saying "Even to seasoned market observers, sudden price moves in stocks don't always have explanations that are immediately obvious. Careful out there!"

The Reg concurs.

And as for Cook? As is the case with every rumor that crashes through this volatile industry, only the principals know the truth. ®

3 Big data security analytics techniques

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.