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Feds’ insider trading wiretap snares IBM heir apparent

The heir apparent to IBM CEO Sam Palmisano has been arrested and charged with insider trading, as US authorities cracked down on an alleged $20m scheme involving shares in some of the IT industry’s biggest names. The case — which the FBI calls the largest hedge-fund insider trading case in US history — has also seen the arrest …
cloud

Sun: Elvis Andy has not left the building

When we woke up this morning, we were confronted with a flurry of stories about Andy Bechtolsheim leaving Sun to become chairman and chief development officer at a startup called Arista Networks. This seemed like bad news for Sun, but the company would like you to know it isn't entirely true. Andy - and like Elvis, we probably …