Articles about Board Of Directors

Larry Ellison, photo by Oracle Corporate Communications

Oracle's Larry Ellison quits as CEO – new bosses are Hurd'n'Catz

Oracle has, in the past few minutes, announced that company founder Larry Ellison has stepped down as chief executive, effective immediately. Outspoken Ellison will remain with the company in the capacity of chief technology officer, and he will continue to oversee all software and hardware engineering functions, Oracle said in …
Neil McAllister, 18 Sep 2014

Back off – it is ILLEGAL to make us accountable, claim ICANN lawyers

A row has blown up at global domain-name overseer ICANN, after the group looking into improving the corporation's accountability was told many of its ideas were illegal. At issue is the power of the board versus the power of ICANN's members – should the board always have the power to overrule its membership? It's proposed that …
Kieren McCarthy, 10 Feb 2015
Steve Crocker, ICANN chairman

The future health of the internet comes down to ONE simple question…

Analysis When was the last time you gave any thought to how the internet actually works? Despite the extraordinary and never-ending growth in people and devices that connect to the internet every second of every day, we have never seen the equivalent of Twitter’s Fail Whale. The internet, as a whole, just doesn’t go down. There are two …
Kieren McCarthy, 23 Oct 2014
The Register breaking news

Yahoo! board! probes! CEO's! CompSci! CV! blunder!

Yahoo! has decided to take the revelation that its CEO Scott Thompson padded his CV a tad more seriously, The Register understands, promising that the board would look into the situation. The web firm's initial response to accusations yesterday from activist investor Third Point that Thompson did not in fact possess a degree in …
Glorious future of China

In praise of China’s CROONING censors: Company songs NOW!

Something for the Weekend, Sir? Clear the desk of work, put the phone on voicemail, set your email to auto-reply and sign that restraining order against the increasingly desperate Madonna. Allow nothing to interrupt the 3:11 of sheer pleasure that is Cyberspace Spirit, the televised performance of the official anthem for China’s web censors. As soon as I …
Alistair Dabbs, 14 Feb 2015
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Computer 2000 fills board of directors

Computer 2000, the UK arm of Tech Data, has appointed Andrew Shepperd as Director of Azlan UK and of Alice Smitheman as Product Marketing Director. It is also today announcing a number of internal appointments which will complete its board of directors. Shepperd returns to Tech Data after spending the last four years as Sales …
Robin Lettice, 05 Jan 2007
Red Hat

Wall Street tips fedora to Red Hat: Sales up, profit flat, everybody dance

Red Hat's shares are on the up after the Linux distro maker beat Wall Street's expectations in its fourth financial quarter, ended February 28. The North Carolina biz reported revenues up 16 per cent during the three-month period, compared to the same period the year before, and up 17 per cent for the whole year, even accounting …
Iain Thomson, 26 Mar 2015
Roughly 150kg of gold

Private equity grabs Informatica for $5.3 BEEEEEELLION

Data management software player Informatica is now in the hands of private equity overlords, after an eye-watering $5.3bn buy-out was signed and sealed. It seems company execs were listening to activist investor Elliott Management, which owned 9.4 per cent of Informatica's shares, and some months back had called for the business …
Chris Mellor, 07 Apr 2015

IBM's OpenPower gang touts first proper non-Big Blue-badged server

GTC 2015 The OpenPower Foundation unveiled new hardware – including its first commercially available server – at its first OpenPower Summit on Wednesday, a mini-event nestled within Nvidia's GPU Technology Conference in California. The foundation has also forged a relationship with the Facebook-led Open Compute Project, which operates in …
Chris Williams, 19 Mar 2015
Facebook WhatsApp

WhatsApp, Zuck? Facebook finally finishes $22bn upstart gobble

Having secured the blessing of European regulators, Facebook has completed its $21.8bn acquisition of WhatsApp. The company on Monday finalized with the US Securities and Exchange Commission that the deal, which adds up to about $50 per user account, has now been finished, complete with a $4.59bn cash payout to WhatsApp …
Shaun Nichols, 07 Oct 2014
Satya Nadella and Stephen Elop

Ditching political Elop makes for a more Nadella Microsoft

Comment With bad things possibly in the post for Microsoft’s Windows phone business, its commander Stephen Elop has been shown the door by Microsoft’s CEO Satya Nadella. As a hardened Elop detractor I literally cheered at the news. The reason I cheer Elop's departure is actually a little complicated, and not entirely for the reasons …
Trevor Pott, 29 Jun 2015
Surface Pro 2 with docking station

Microsoft: We're nearly OUT OF STOCK of Surface 2 and Pro 2

Microsoft says it is nearly out of stock of its forthcoming Surface 2 and Surface Pro 2 fondleslabs, though what that means in terms of actual sales figures is anybody's guess. Surface 2 and Surface Pro 2 are close to selling out. All those buyers are gonna need apps. Your move: http://t.co/YGWmjklfuB — Microsoft Developer (@ …
Neil McAllister, 04 Oct 2013

Breaking news: Man with Apple shares really wishes they were worth even more

Apple's $603,580,000,000 market cap – the largest ever in history – isn't big enough for Carl Icahn. The activist investor said Thursday that Apple is UNDERVALUED, and CEO Tim Cook should do more to massively increase the stock price. Icahn, who owns 53 million shares in Apple, thinks the $101 stock price is too low, and he has …
Shaun Nichols, 09 Oct 2014

Healthy Drobo set free by Connected Data to go it alone

Drobo, maker of simple-to-use personal data storage robots which you populate yourself with disk drives, is being spun-out by owner Connected Data, with an investment group buying the business. The firm was originally called Data Robotics but changed its name in 2011 to the name of its Drobo* product, which amassed a large and …
Chris Mellor, 20 May 2015
Microsoft CEO Satya Nadella

Microsoft's axeman Nadella fills baskets with 2,100 fresh heads

Microsoft CEO Satya Nadella has brought down his axe again, sending off the next batch of the 18,000 employees he has promised will lose their jobs by the end of the year. The Redmond supremo issued about 2,100 pink slips on Thursday, the Seattle Times reports, bringing the total number of layoffs to approximately 15,100 and …
Neil McAllister, 18 Sep 2014
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Ex-eBay CEO lands post-purge HP board seat

Hewlett-Packard's non-executive chairman Ray Lane, who took over the board of directors following the departure of chief executive Mark Hurd, is cleaning house. Effective January 21, HP is adding five new people to the board and is showing four others to the door. The changes announced by Lane Thursday will eventually shrink the …
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Hurd snubbed HP board to settle claims

The board of HP felt snubbed by Mark Hurd's solo efforts to settle a sexual harassment case brought by contractor Jodie Fisher. Hurd and Fisher reached agreement on 4 August without the knowledge or support of the board of directors at HP. The next day there was meant to be a mediation meeting between the two and their lawyers …
John Oates, 16 Aug 2010

Icahn, but Iwont: Carl the investor pest ends war with eBay

Carl Icahn has finally made peace with eBay after withdrawing his call for the auction site to divorce from its partner Paypal. The meddlesome investor has spent the last few months rudely demanding the spin off of eBay's payment service and asking for two of his aides to be put on the firm's board. After a barrage of open …
Jasper Hamill, 11 Apr 2014

Silicon Valley season closer: Would you like fried servers with that?

Recap The final episode of season two of Silicon Valley was a blast: almost literally. The HBO show has already been picked up for a third season, but right up to the last second, this fun and fast-paced episode had you wondering whether the whole thing was going down to melt down into nothing but hot metal and charred Ethernet cables …
Kieren McCarthy, 15 Jun 2015

Thanks for suggesting eBay should flog PayPal. It's not happening, CEO tells Carl Icahn

eBay has rejected a call from activist investor Carl Icahn to spin off its PayPal division into a separate company. John Donahoe, chief exec of the online marketplace, said that he had spoken with Icahn but the board and management believed that eBay and PayPal would do better if they stayed together. "The synergies are clear …
Cook, via Shutterstock

Comparing Avere and Violin – one's overlooked, the other's overcooked

Comment Sitting at my desk early today I thought a couple of thoughts: Avere was getting overlooked while Violin Memory is in danger of getting overcooked – one company almost ignored and the other facing intense scrutiny. Why? Avere’s relative invisibility It's been a glorious spring and summer for storage news and that means that …
Chris Mellor, 17 Aug 2015
iPad iBooks app

Shareholders throw the book at Apple for ebook price-fix drama

Apple is once again being sued by its own investors – this time they're irked by the ebook price-fixing brouhaha. The lawsuit alleges the iThing maker part in the scandal harmed its reputation and thus shareholders' investments. According to a court filing obtained by journalist Jeff Roberts, Apple chief Tim Cook, executive Eddy …
Shaun Nichols, 06 Sep 2014

Dropbox defends fantastically badly timed Condoleezza Rice appointment

File sharing service Dropbox has taken to the internet to defend its ill-timed appointment of Condoleezza Rice to its board of directors. The storage company wrote in a blog post that "there's nothing more important to us than keeping your stuff safe and secure" on Friday after being subjected to a full-throated outcry over its …
Jack Clark, 11 Apr 2014
The Register breaking news

HP board cooked Hurd's goose before settlement

The drip, drip of spin from HP continues with sources telling the media that HP's board of directors had decided to ditch chief exec Mark Hurd before he reached a private agreement with Jodie Fisher over sexual harassment allegations. These latest claims are in opposition to claims earlier this week that the board felt snubbed …
John Oates, 19 Aug 2010
Google sign outside Mountain View headquarters

Activist investors try forcing Google to pay more taxes

A group of Google investors has called on the firm to stop "undermining democracy and the rule of law" and start paying as much tax as possible in the countries it operates in. The stockholders have put forward a proposal, to be voted on at the annual general meeting today, which would force Google to adopt a set of principles …

eBay stockholders! There's MORE to COME, thunders Carl Icahn

Activist investor Carl Icahn is continuing his campaign to get eBay to spin off PayPal, writing yet another letter to shareholders that said he hadn't even begun to fight to get his way. "Stockholders, please stay tuned. There is more to come – much more," Icahn threatened in his latest open letter (emphasis his own). The …
The Register breaking news

Apple board member Jerry York dies at 71

Jerome York, the financial mind and turnaround expert who most recently shared his business acumen as a long-serving member of Apple's board of directors, died Thursday morning of a brain aneurysm suffered Tuesday. York was 71 years old. "Jerry joined Apple's Board in 1997 when most doubted the company's future," said Apple CEO …
Rik Myslewski, 18 Mar 2010
The Register breaking news

Google boss quits Apple board in wake of Chrome OS

Apple announced today that it has finally severed ties with Google CEO Eric Schmidt, who had been on the firm's board of directors since August 2006. The decision to cut Schmidt loose hardly comes as a surprise. In May Mountain View confirmed reports that the US Federal Trade Commission was probing whether overlapping board …
Kelly Fiveash, 03 Aug 2009

Target topples CEO in latest data breach domino

The CEO of Target is the latest casualty of the big-box retailer's disastrous holiday data breach. The company said that chief exec Gregg Steinhafel would be leaving the company after 35 years,vacating both the CEO and president roles as well as his seat as chairman of the company's board of directors. Steinhafel had overseen …
Shaun Nichols, 05 May 2014
arrow pointing up

Ex-General Electric boss unleashes bile on HP board

Oracle's Larry Ellison isn’t the only CEO mouthing off at Hewlett-Packard’s decision to hire Leo Apotheker as the company’s replacement for disgraced former boss Mark Hurd. Now Jack Welch, the ex-chief of General Electric, is sticking the boot in, too. According to the Wall Street Journal, Welch said in New York yesterday at the …
Kelly Fiveash, 06 Oct 2010

Let it go, Steve: Ballmer bans iPads from his LA Clippers b-ball team

Steve Ballmer says he doesn't have huge changes planned for the Los Angeles Clippers, his newly acquired pro basketball team, but he does want them to quit using Apple products. "Most of the Clippers are on Windows, some of the players and coaches are not," the former Microsoft CEO told Reuters, without naming names. Although …
Neil McAllister, 25 Sep 2014
Hadoop Elephant

Intel: Hey, enterprises, drop everything and DO HADOOP

IDF 2014 How important will Big Data be to the typical enterprise IT department within the next few years? More important than any other workload, if you believe Intel. "Within a couple of years, Hadoop will be the number one application. It will be running on more servers than any other single app. It will be more common for enterprise …
Neil McAllister, 10 Sep 2014
For Sale sign detail

Acer boss quits after board disses his future strategy

Acer CEO and president Gianfranco Lanci has quit the computer maker, after boardroom wrangles over the company's future left him high and dry. His resignation is with immediate effect, said Acer in a statement to The Register this morning. The company's chairman, JT Wang, will take the CEO chair in the interim, while Acer …
Kelly Fiveash, 31 Mar 2011
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HP board gives Leo $10bn more funny money

The board of directors at IT giant Hewlett-Packard think that HP's stock is undervalued and that the company needs to bolster the earnings per share that the company will report in future quarters. Thus the board has given CEO Leo Apotheker an additional $10bn in funny money to send in truckloads encrypted packets down to Wall …
EE 4G banner

BT to gobble EE for £12.5bn – BTEE phone home

+Comment BT is in talks to acquire EE for £12.5bn. BT had been eying up taking O2 from Telefonica. The former national telco said on Monday that it expects "significant synergies" from absorbing EE, mainly through cuts "network and IT rationalisation, back-office consolidation and savings on procurement, marketing and sales costs". BT …
Kat Hall, 15 Dec 2014
cloud

HP storage hobbled by board's indecision

Opinion The future of HP's vibrant storage business has been made uncertain by HP CEO and board shenanigans, culminating with the latest uncertainty over CEO Leo Apotheker. Before his dismissal, former CEO Mark Hurd relaid the foundations of the storage business by hiring David Donatelli away from EMC, buying iSCSI SAN supplier LeftHand …
Chris Mellor, 22 Sep 2011

SAP gets into OpenStack bed with... ORACLE? (and 100 others)

SAP is preparing to work with arch-rival Oracle on developing open-source software that will benefit both companies' products. This perplexing state of affairs was announced by SAP on Tuesday when it said it had become a "Corporate Sponsor" of the OpenStack Foundation to the tune of $25,000 a year. Oracle is also a sponsor, as …
Jack Clark, 22 Jul 2014
lifebelt

Overland Storage in fiendish reverse stock split share value ploy

Overland Storage, the troubled tape and low-end scale-out disk array storage vendor, is wanting to do a reverse stock split to get its share price up above the Nasdaq exit level. This is revealed in an SEC Form-8K filing by Overland. It states: "On April 3, 2014, the Board of Directors of the Company approved a one-for-five (1- …
Chris Mellor, 04 Apr 2014

PayPal mudslingfest TELEVISED: Icahn and Donahoe go on telly

The fight between activist investor Carl Icahn and eBay over the fate of PayPal has hit the media, after Icahn claimed that he'd "never seen worse corporate governance" at another firm. Speaking to CNBC television, Icahn criticised the firm's governance policy and also said that eBay chief exec John Donahoe shouldn't have …
homeless man with sign

Satyam board mulls buyers shortlist

Satyam's government-appointed board of directors met today to look at bids received for the company - the deadline for registering interest was last night. Directors have appointed former Chief Justice of India SP Bharucha to oversee the process. Interested bidders have until next Friday to provide proof of funds totalling at …
John Oates, 13 Mar 2009

New Microsoft CEO Nadella could earn FOURTEEN TIMES what Ballmer banked in 2013

Newly minted Microsoft CEO Satya Nadella's salary nearly doubled on his first day in the corner office, giving him a pay package even larger than that of outgoing CEO Steve Ballmer. Nadella will earn an even $1.2m in his first year on the job, according to documents filed with the US Securities and Exchange Commission on Tuesday …
Neil McAllister, 05 Feb 2014

Linux Voice journos hit crowdfunding target

A brief update on the crowdfunding efforts of three British journalists, who left Linux Format to launch a new magazine. They have hit their £90,000 launch target for Linux Voice, 14 days before deadline. At time of writing, Andrew Gregory, Mike Saunders and Ben Everard have received £93,000 in pledges. They have an interesting …
Drew Cullen, 10 Dec 2013

New BT chief gets keys to copper-encrusted door next month

BT's incoming chief exec Gavin Patterson will formally take the reins on 10 September, the telecoms giant confirmed to the City this morning. He will replace current boss Ian Livingston, who surprisingly resigned from his job in June after Prime Minister David Cameron poached him for a front-bench trade and investment role in …
Kelly Fiveash, 20 Aug 2013
heart.australia

Turnover at the top in Oz telco-land as AAPT, Huawei, Optus, lose top brass

Two plush offices just became available in Australian telco-land, with the departure of C-level executives at AAPT, Optus and Huawei. The latter company has that current CEO Guo Fulin has been “promoted to a regional role within Huawei” in line with the company's “global practice of rotating senior executives through different …
Simon Sharwood, 27 Feb 2014
The Register breaking news

Yahoo! faces battle for the board

Yahoo! might not have escaped the clutches of Microsoft after all. Activist investor Carl Icahn has confirmed he will fight to take over Yahoo!'s board of directors in order to force through a takeover by Microsoft. Icahn, who succeeded in getting board seats at Motorola, today named the ten people he would like to see replace …
John Oates, 15 May 2008
Escalator Stairs

Acer founder Shih to step down for second time next month

Stan Shih, chairman and founder of ailing PC maker Acer, is set to retire next month as the company continues to try and claw back market share and force its way into the global top three. Shih, 69, will leave the company on June 18, the same day shareholders meet to elect a successor, according to Reuters. He is apparently …
Phil Muncaster, 05 May 2014

In defence of defenestration: Microsoft MUST hurl Gates from the Windows

Comment Microsoft's investors are apparently sharpening their knives for company chairman Bill Gates. Three of the top 20 shareholders are said to be upset that Gates - tasked with picking the new CEO to replace Steve Ballmer - has too much influence over the Windows 8 giant despite only holding a 4.5 per cent stake. It was one thing …
Gavin Clarke, 02 Oct 2013

Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'

Ex–Apple CEO John Sculley, who engineered Steve Jobs' removal from managing the company's Macintosh division in May 1985 – a move that eventually led Jobs to resign that September – now thinks it may not have been such a good idea. "I think, in hindsight, for the founder to leave was a mistake and I was a part of that," Sculley …
Rik Myslewski, 18 Apr 2014
A man shouting angrily

You need a list of specific unknowns we may encounter? Huh?

Something for the Weekend, Sir? The CIO flew in the other day. I am just a contractor so I only hear stories but so mythical is this fellow that I get the impression he must have flown in by winged chariot and would be trotting across town to our office on a company-funded unicorn. His arrival would then be announced by a fanfare of trumpets and a team of …
Alistair Dabbs, 27 Jun 2014
Satya Nadella

Satya Nadella, Year One: Has Microsoft's new CEO cut the mustard?

One year ago, on February 4, 2013, Microsoft's board of directors appointed Satya Nadella the third chief executive in the company's history. So what do we have to show for it, so far? Nadella's predecessor, Steve Ballmer, wasted no time in taking his hands off the wheel in Redmond, even going as far as to resign his seat on the …
Neil McAllister, 05 Feb 2015