Boardroom

Netflix shareholders have filed a class action lawsuit against the company, alleging that it withheld material information from investors about its growth prospects and plans for its fees before its stock plunged late last year. The suit was filed against the company's senior management in the U.S.

Salesforce.com has snagged a marquee name for its executive ranks: the former chief information officer of the United States, Vivek Kundra. Kundra, who left his post with the Obama administration last year, is joining Salesforce.com as executive vice president of emerging markets. Prior to serving a...

It has been a rocky week for the medical news website WebMD, and it appears that the remainder of 2012 may be equally tumultuous. On Tuesday, WebMD CEO Wayne T. Gattinella resigned, and the company announced it was not looking for a buyer after all. It informed shareholders that 2012 revenue could c...

Sony appears to be preparing for a reshuffling of its top management, with the end result being the loss of power for current president Howard Stringer. The common denominator among the various reports that have surfaced is that Executive Deputy President Kaz Hirai will be elevated to president and ...

Yahoo finally gets a leader. The company announced Wednesday the appointment of Scott Thompson as CEO, effective Jan. 9. Thompson was also appointed to the board of directors. Interim CEO Tim Morse will resume his role as chief financial officer. Yahoo fired former CEO Carol Bartz four months ago fo...

Research In Motion is apparently moving toward a change in corporate leadership that could have Mike Lazaridis and Jim Balsillie giving up their titles as co-chairmen of the board. Barbara Stymiest, an independent director who joined RIM's board in 2007, is said to be most likely to replace the co-c...

Say this about 2011 -- along with any number of natural and unnatural disasters, the year featured more than its fair share of technology industry melodrama from the highly public wrangling between Oracle and HP to the passing of singular characters, including Apple's Steve Jobs. Both of these event...

Looks like Yahoo is going to let go of most of its Asian assets -- a large part of its stake in the Alibaba Group of China and its Yahoo Japan affiliate -- and load up on cash. The move may allow the company to retain control of its core assets and perhaps even buy itself a new look. Yahoo's board r...

IBM's recent Information On Demand 2011 conference came at the tail end of a particularly tumultuous year or so for its competitors. HP fired one CEO, gained a new one, fired him and gained another, all while publicly discussing selling or spinning off its largest business unit and losing half its s...

IBM named Virginia Rometty as the company's first-ever female CEO Tuesday as Sam Palmisano stepped down from his nearly decade-long tenure. Since Palmisano took over in 2002, the CEO oversaw a transition that included selling its PC business, buying PricewaterhouseCoopers Consulting and making more ...

After Steve Jobs' passing last week we have seen an unbelievable amount of, well, love poured out by everyone. That is truly amazing. Then it hits you. Steve Jobs and Apple are connected. They are one. It's almost like Siamese twins connected at the hip. What can we expect now that Steve is no longe...

Newly minted HP CEO Meg Whitman is rethinking the company's decision to spin off its PC division, the Wall Street Journal has reported. Fresh analyses apparently indicate the cost of a spinoff might outweigh its benefits. Separately, HP management is reported to have met earlier this week to decide ...

Research In Motion just can't catch a break. The outages in Internet service RIM suffered on Monday in the EMEA region have spread to India and South America. BlackBerry users across all of those areas are experiencing loss of Internet and messaging services. RIM acknowledged the outages and noted i...

Leo Apotheker's short stint as CEO of tech giant HP came to an end Thursday as the board ousted the executive it appointed just one year ago and installed former eBay CEO Meg Whitman in his place. From her first day in office, Whitman will have a lot on her plate. Once a clear tech leader, HP has st...

HP CEO Leo Apotheker is on the way out, and the company is close to naming the former chief executive of eBay, Meg Whitman, as its new CEO. The decision to make Whitman the full-fledged CEO of the company -- rather than appointing her to serve in an interim capacity -- reportedly will be announced a...