Boardroom

Adobe reported a strong first quarter of 2013 Tuesday, just as news hit that Chief Technology Officer Kevin Lynch is leaving the company and heading to Apple. The company beat analyst expectations for the quarter. Adobe reported a revenue of $1.008 billion, with net income coming in at $177.9 millio...

John Riccitiello, who was at the helm of video game publisher Electronic Arts as it tried to navigate major shifts in the industry, will step down as CEO on March 30. Chairman Larry Probst, EA's CEO when Riccitiello took over in 2007, will serve as the company's executive chairman and temporary lead...

Samsung Electronics has named two new chief executive officers, bringing the number of company heads to three: Joining the current CEO Oh-Hyun Kwon as coCEOs will be Boo-keun Yoon and J.K. Shin. They are the head of Samsung's consumer electronics and mobile divisions, respectively. Both men have sco...

A day after posting disappointing quarterly earnings, Groupon ousted its founder and CEO Andrew Mason. The company's stock jumped 4 percent in after-hours trading as the news became public. "I've decided that I'd like to spend more time with my family. Just kidding -- I was fired today. If you're wo...

In case investors have any doubts that Yahoo sees its future in mobile, events of the past few days should dispel them once and for all. News surfaced Tuesday that Yahoo has acquired Alike, a mobile app that guides users to find nearby venues and places to visit. The acquisition was announced on Ali...

Dell's plan to go private in what would be one of the biggest leveraged buyouts in recent years appears to be in jeopardy. Some of the company's largest shareholders have come out against the move. Southeastern Asset Management filed with the Securities and Exchange Commission a letter it sent to De...

Google's Executive Chairman Eric Schmidt might sell as much as 42 percent of his shares in the tech giant, according to an SEC filing. At the stock's current price of around $785 per share, the sale could yield about $2.5 billion for Schmidt. He currently owns about 7.6 million shares of Class A and...

Users of the Internet and electronic gear are vulnerable to criminals near and far, but we don't always hear about what happens at court and whether the alleged criminals are convicted or acquitted. Here is an update on some those crimes for consideration. After an 11-day jury trial in Denver, membe...

Hulu CEO Jason Kilar bid a fond adieu to the company's employees, announcing in a blog post Friday that he and CTO Rich Tom will be leaving at some point during Q1 2013. Kilar made no mention of the reasons for their departures, other than to say, "Rich and I have been fortunate to build and innovat...

AOL is shifting toward decentralization of its marketing efforts. The online company this week named Allie Savarino Kline as chief marketing officer of its Advertising.com unit. In the newly created position, she will have global oversight of Advertising.com and will handle marketing strategy for th...

There's apparently little inclination to wait for the legal system to establish who wronged whom with respect to the allegations that Autonomy committed accounting sleight of hand prior to being acquired by HP. Both HP and the erstwhile head of Autonomy are making their claims and counterclaims publ...

Zynga's chief financial officer is departing for Facebook, yet another blow to the social game-maker, which has been languishing for months and recently trimmed its 2012 outlook. The departure of CFO Dave Wehner apparently set into motion a number of changes in the company's executive ranks. David K...

Microsoft said Monday that Windows and Windows Live President Steven Sinofsky will leave the company. Julie Larson-Green has been promoted to lead all Windows software and hardware engineering, and Tami Reller will assume responsibility for the business of Windows while retaining her role as chief f...

If Sprint Nextel closes its deal with Japan-based Softbank, then more of the good old-fashioned American wireless telephone industry will be subject to foreign control -- three out of the top four wireless carriers in the U.S., in fact, will have their headquarters overseas. Is that a good thing or ...

The board of directors at Microsoft did not award company CEO Steve Ballmer and other executives their full bonuses this year following lower-than-expected Windows sales and a failure to comply with European regulations. Ballmer received 91 percent of his base salary in bonus pay, totaling $620,000....