Articles about Board Of Directors

Titanic sinking

HP arranges boardroom deck chairs as The Big Split looms

HP has confirmed the captains of industry who will sit on the two boards formed when the organization splits in two. The IT giant will pull in execs from sectors ranging from automotive and clothing to private equity. The organization operationally splits this month. By 1 November, HP will legally separate to become HP Inc ( …
Paul Kunert, 12 Aug 2015
Miss Piggy sings opera

Opera Software asks fat lady to stay shtum for a bit, but keep humming

Opera Software, maker of the Opera browser, has “has initiated a process to evaluate and consider strategic alternatives for the Company”. Opera's browser is very well-regarded, but last week the company announced preliminary second quarter will be at the lower end of forecasts and also reduced its future revenue forecasts. …
Simon Sharwood, 10 Aug 2015
Violins

Oh Jeez, not now! Activist investor threatens Violin Memory

Violin Memory’s board is under attack from the Clinton Group, an activist investor wanting to have talks about “a number of topics germane to creating shareholder value”, meaning an asset or company sale. Apparently it’s been a shareholder for almost two years and has been pushing for talks for some time. Violin’s board has …
Chris Mellor, 31 Jul 2015
Yelp search

Yelp whelps yelp 'Help!' Chairman ejects, shares plunge 30%, losses grow

Yelp is in full crisis mode as the upstart's chairman is out – and its stock continues to free fall. The reviews website, headquartered in San Francisco's startup land, announced on Wednesday that a modest $2.7m profit in the second quarter of 2014 had turned into a loss of $1.3m in the second quarter of 2015. This is despite …
Shaun Nichols, 29 Jul 2015
Exit sign. Pic:  Lukas Kästner

Cisco exits set-top box biz, sheds US$1.8bn of revenue

Cisco's Connected Devices Division, a purveyor of set top boxen for service providers, is off to Europe having been acquired for €550 million / US$600 million by Technicolor. The French company, formerly Thomson (as most of its customer premises equipment/set-top boxes are branded), will take on the division first created by …

You can secretly snoop on someone if they butt-dial you – US judges

A US court of appeals has ruled that phone calls started by accident in your pocket – so-called butt dialing – can be lawfully recorded. The Ohio Sixth Circuit appeals court found in favor [PDF] of a woman who recorded the conversations of a colleague who had unknowingly dialed her number before entering a meeting. James …
Shaun Nichols, 22 Jul 2015

Dear diary. Gotta axe 15% of staff, it's like I'm cracking up – Qualcomm

Mobile chipmaker Qualcomm says it's putting its business under the microscope with an eye to restructuring after posting lackluster third-quarter results, including revenue that missed estimates. "We are making fundamental changes to position Qualcomm for improved execution, financial and operating performance," Qualcomm CEO …
Neil McAllister, 22 Jul 2015
Toshiba

Toshiba CEO and execs quit over $1.2bn six-year accounting scandal

Toshiba CEO Hisao Tanaka and seven other bigwigs have quit after a probe concluded profit figures had been inflated beyond their real values. The Japanese electronics giant said in a brief statement [PDF] today that $1.2bn (£770m, 151.8bn yen) was incorrectly added to Toshiba's income-before-tax figures in the 2008 to 2014 …
Shaun Nichols, 21 Jul 2015
rage meme

Reddit scrubs up: Child abuse? Gone. Drugs? Cool. RACISM? FINE

Freeloading commentblurt site Reddit is to implement a limited scrub-off of some of its more noxious communities - but others will stay. Reddit CEO Steve Huffman said the message-board website he cofounded will crack down on harassment, threats, and posts that break the law. Under the new regime, spam, child-abuse imagery, …
Shaun Nichols, 17 Jul 2015
Glorious future of China

'Private' biz Xiaomi sets up Communist Party exec committee

Xiaomi has formed its own internal Communist Party committee, raising eyebrows amongst those expecting less state involvement in the nation's burgeoning technology sector. The newly-launched Hong Kong Free Press reports that state-owned companies in China, including "schools, hospitals, and other public organisations, are …
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
Divorce

Parting is such sweet sorrow: eBay sells fat stake in Shakespeare-crazed Craigslist

Web tat bazaar eBay is selling its 28.4 per cent stake in Craigslist, and is dropping its legal action against the classified ads site. eBay bought its stake in Craigslist back in 2004 for $32m. It was an odd move – Craigslist is a very strange company by eBay's standards, deliberately keeping revenues low due to the personal …
Iain Thomson, 19 Jun 2015
Crypto fingers

Westpac buys stake in Canberra crypto king QuintessenceLabs

Australian banking goliath Westpac will become a substantial stakeholder in Canberra based QuintessenceLabs (QLabs) and use outfit's quantum key distribution technology for its internal infrastructure. QLabs commercialises research from the Australian National University to produce quantum key distribution (QKD) and random key …
Darren Pauli, 16 Jun 2015
Node Knockout code

It's about forking time: Node.js, io.js to mend differences, remerge

The Node.js open source project and its fork, io.js, have decided to kiss and make up, with the aid and support of the Linux Foundation. Node.js is an open-source, OS-agnostic runtime environment that allows developers to write server-side web applications using JavaScript. Several prominent Node.js developers forked its code …
Neil McAllister, 15 Jun 2015

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 …
Kieren McCarthy, 15 Jun 2015
Twitter for Mac New

Only good thing about Twitter CEO storm: 140 character limit gone

Twitter CEO Dick Costolo will leave the San Francisco-headquartered social network within days. Shares in Twitter soared nearly eight per cent on the news. The microblogging site said in a SEC filing, published in the past few minutes, that Costolo will leave as chief exec on July 1 and be replaced by Twitter cofounder Jack …
Shaun Nichols, 11 Jun 2015

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

Internet kingmakers drop ego, devise future of DNS, IP addys etc

Five months after the release of a bloated, ego–driven mess of a plan to shift control of the top level of the internet from the US government to the internet community, a greatly improved version 2.0 has been offered for public comment. The 90–page Response to the IANA Stewardship Transition Coordination Group Request for …
Kieren McCarthy, 24 Apr 2015
Photo by Mike Mozart

Comcast accused of torpedoing Hulu sale to rivals with weapon of mass transactions

Comcast allegedly talked its fellow Hulu investors out of selling the TV streaming upstart to DirecTV or AT&T by insisting it could steer the web biz to financial triumph. That's a serious accusation because Comcast had agreed with the FCC and US Department of Justice to keep its hands off the management of Hulu. In the end, …
Shaun Nichols, 22 Apr 2015
Angry old man

More SAP-sipping orgs fancy a date with HANA – if only they had the time and money

Interest in SAP’s HANA in-memory database is slowly growing, but deployments are hampered by the age-old problems of time and money. Two-thirds of 120 organizations running SAP have rolled out or plan to deploy HANA, according to a survey by the UK and Ireland SAP User Group, which shared its figures with The Register today. The …
Gavin Clarke, 22 Apr 2015
management regulation2

HP's $3 BEELLLION Aruba buy ‘significantly undervalues’ wireless operator

Hewlett-Packard’s proposed $3 billion purchase of wireless mobile specialist Aruba Networks is facing a legal hurdle. A case has been filed in a US court against HP, Aruba, its management and board members claiming HP’s price drastically undervalues the firm. The case (5:15-cv-01502) claims the proposed deal is unfair, because …
Gavin Clarke, 20 Apr 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

Big changes proposed to DNS overseer ICANN

Domain name overseer ICANN is likely to go through a radical reorganization if it wants to be given more control of critical internet functions, currently run under contract from the US government. Two recent papers - one from independent legal experts hired by a group looking into the contract's transitioning, and a second from …
Kieren McCarthy, 03 Apr 2015

I see you have the gTLD that goes .ping!

The company behind Ping golf clubs and owner of ping.com has paid domain name overseer ICANN $1.5m for the rights to the top-level domain .ping. The auction pitched it against one other applicant (general registry company Radix) and also included a second internet extension, .srl, which went for $400,000. The suffix "SRL" is …
Kieren McCarthy, 26 Mar 2015
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

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 …
Chris Williams, 19 Mar 2015

Disney CEO: Dead Steve Jobs choc-blocked me!

Disney CEO Bob Iger would be helping to guide Google these days, were it not for one Steven P. Jobs. The mouseketeer-in-chief said Apple cofounder Steve Jobs convinced him not to take a spot on Google's board a few years ago, citing the ongoing conflict between Apple and the Chocolate Factory. In the new biography Becoming …
Shaun Nichols, 13 Mar 2015
David Cameron, Prime Minister, meets Ren Zhengfei, founder and CEO of Huawei Technologies, in Downing Street, 11th September, 2012.

Huawei Browne-noses UK after hiring ex-BP peer for its board

Chinese telecom giant Huawei has appointed ex-BP chief exec Lord Browne to head up its UK board of directors. The company has repeatedly rejected concerns that Huawei has too much control over Blighty's critical infrastructure and communications systems, based on claims that its chairman (and erstwhile member of the People's …
Kelly Fiveash, 16 Feb 2015
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

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 …
Kieren McCarthy, 10 Feb 2015
A fresh horse dump

Legalese and coding? Yup, it's the open-source FOSDEM shindig

FOSDEM doesn't get the ra-ra headlines or (thankfully) the "booth babes" but the conference does get networking and top technologists (and Belgian beer). I saw a couple of my tech heroes and big cheeses here a few minutes apart just before writing this, for example, and got some top advice for a specific tech issue a breath …
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 …
Neil McAllister, 05 Feb 2015
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
Microsoft CEO Satya Nadella

Microsoft shareholders approve of CEO Satya Nadella's MASSIVE PACKAGE

A revolt by shareholders at Microsoft's annual general meeting over CEO Satya Nadella wages failed to materialize today – and his executive pay package was approved. Company advisory firm Institutional Shareholder Services said it had significant concerns over the size of Nadella's package, which it estimated was worth over $90m …
Iain Thomson, 03 Dec 2014
Orange Credit Card

Bank of England: What's all this then, CHAPS? Review to get a grip on IT cockup

The Bank of England has opened an investigation into the IT failure of its bank-to-bank payment processing system, which handles £277bn a day. Last month the bank's Clearing House Automated Payments System (CHAPS) was temporarily suspended. This was due to "technical issue related to some routine maintenance" on its Real Time …
Kat Hall, 25 Nov 2014

Adobe appoints former Reg man as open-source chief mobile lead

Adobe, maker of such renowned proprietary products as Flash Player and Creative Suite, has hired a career open-sourcer to lead mobile marketing. Matt Asay has quietly been appointed Adobe’s vice president of mobile for the firm’s digital marketing business, The Reg has learned. He left his post as vice president of community at …
Gavin Clarke, 14 Nov 2014
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 Queen Mother by Phil Houghton

Sign off my IT project or I’ll PHONE your MUM

Something for the Weekend, Sir? When you have to go, you have to go. And when you do, don’t rush it otherwise you can end up with damp socks… as my father-in-law discovered during a hurried slash-and-dash in a not-so-lonely lay-by one night. I might revisit that particular anecdote later. For the moment, I invite you to consider what the computer has brought …
Alistair Dabbs, 18 Oct 2014
Olga Madruga-Forti

Another ICANN Board member resigns

ICANN has seen its second Board member resign in less than a year. Olga Madruga-Forti has quit the coveted role on the last day of the domain oversight organization’s meeting in Los Angeles, raising questions about the culture inside the notoriously secretive group. The organization has provided no details, putting out a …
Kieren McCarthy, 16 Oct 2014
Satya Nadella

Nadella's Karmagate howler was response to MICROSOFT BOARD DIRECTOR – report

Satya Nadalla’s Karmagate will spark an examination at the highest levels within Microsoft of women’s pay and its corporate culture. That’s according to computer scientist Maria Klawe, the person whose softball questioning of Microsoft’s CEO at a women-in-tech event saw Nadella land himself in hot water last week. Klawe is …
Gavin Clarke, 13 Oct 2014

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
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
AOL logos

Yahoo! dumps! thing! that! made! it! Yahoo! and! told! to! bed! AOL!

A hedge fund is urging Yahoo! to form a "strategic combination" with fellow internet dinosaur AOL – just as Yahoo! announced it was killing off its founding feature, created about 20 years ago. In an open letter to Yahoo! CEO Marissa Mayer, investment house Starboard Value asked her to consider making a number of moves it thinks …
Shaun Nichols, 27 Sep 2014

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
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 …
Neil McAllister, 18 Sep 2014
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
Ciscoblood

Benioff bails from Borg Board

Salesforce.com CEO Marc Benioff has decided not to stand for re-election to Cisco's Board of Directors at the company's November annual general meeting. Cisco filed the paperwork to make it happen last Firday, and issued a statement attributed to its own CEO John Chambers to cement the departure. Chambers' statement is as …
Simon Sharwood, 15 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 …
Neil McAllister, 10 Sep 2014
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

Ballmer leaves Microsoft board to spend more time with his b-balls

Former Microsoft CEO Steve Ballmer is today stepping down from the Windows giant's board of directors – just six months after he was succeeded by incoming chief exec Satya Nadella. Ballmer announced his retirement in August last year, but remained at the helm until Nadella took over in February. Shy-and-retiring Ballmer also …
Chris Williams, 19 Aug 2014