Boardroom

AMD CEO Dirk Meyer abruptly stepped down on Monday. In a public statement, AMD called it a "resignation" that was "effective immediately," which makes it look more like a firing. The company appointed CFO Thomas Seifert as interim CEO. Meyer, who became CEO in 2008, has lead the company through some...

Not since Amazon started selling books more than 15 years ago has the world of e-commerce undergone such a wholesale transformation. The current online overhaul will likely be even more profound than the original dot-com boom, as it's unfolding across the entire retail sector as opposed to just a fe...

The U.S. Securities and Exchange Commission has apparently opened an inquiry into former HP CEO Mark Hurd's sudden departure from the company last August. The SEC is looking into whether Hurd leaked information about HP's planned $13.9 billion acquisition of Electronic Data Systems to Jodie Fisher, ...

Twitter has received $200 million in financing from Kleiner Perkins Caufield & Byers, according to Twitter CEO Dick Costolo. The funding pegs Twitter's valuation at $3.7 billion. Clearly, the investors believe Twitter will find an effective way to squeeze substantial revenue from its massive use...

Having an actively engaged, independent board is a must for the long-term viability of any corporation. Unfortunately, there are still many management teams that feel that their prospects for long-term employment, as well as generous salaries and perks, are dependent upon a "friendly" board of direc...

Shares of HP moved up Tuesday -- while most tech stocks were down -- after the company posted strong results. The message boards were upbeat on CEO Leo Apotheker's first earnings call. The drama of Larry Ellison's attempt to subpoena Apotheker for the Oracle vs. SAP trial seems to have left little d...

Oracle CEO Larry Ellison insisted on Wednesday that recently appointed HP CEO Leo Apotheker knew of the theft of Oracle's software while he was CEO of SAP. Ellison also dismissed HP chairman Ray Lane's statement that Apotheker didn't know anything about the theft as an "absurd lie." Oracle filed sui...

Windows 7 is the fastest-selling operating system in Microsoft's -- or any vendor's -- history. It has also been one of the most stable, reliable and secure releases in the company's history. Microsoft's financials and balance sheet over the last several quarters are pure gold. The question must be...

Twitter Cofounder Evan Williams has stepped aside as CEO and placed Dick Costolo, the man he hired as chief operating officer, in charge of the company as it works to build its business model. "I am most satisfied while pushing product direction," Williams wrote in a blog post announcing his decisio...

HP announced on Thursday that it has appointed former SAP CEO Leo Apotheker its new president and CEO. The company also named Ray Lane, managing partner at venture capitalists Kleiner Perkins Caufield & Byers, as a new member of its board of directors and named him non-executive chairperson. Bot...

The private settlement of HP's lawsuit against Oracle over its hiring of Mark Hurd as co-president after weeks of public wrangling is welcome news to everyone but the corporate attorneys. Still, don't expect the two vendors to just pick up and resume their former close partnership. Their quarrel got...

Monday's announcement that Oracle and HP have settled the lawsuit triggered by Oracle's hiring of former HP CEO Mark Hurd may seem surprising, given that the suit was filed just two weeks ago. However, there are many reasons both companies would want to end this battle now. HP filed the suit the day...

ComScore's latest tally of smartphone operating system market shares in the U.S. showed RIM's BlackBerry OS continues to hold a dominating lead in the smartphone arena. Apple's iOS owns the No. 2 spot, but it saw a slight decline. The big story in the ComScore report is the third-place OS -- Google'...

The revolving door is spinning fast at Nokia, as the company tries to reposition itself to compete with a wave of new smartphone competition. The latest news from the boardroom is that Chairman Jorma Ollila, the executive credited with turning Nokia into the world's largest cellphone maker, will ste...

HP has announced it is acquiring security-software maker ArcSight for $1.5 billion. It is the second major acquisition the company has made since the departure of its CEO Mark Hurd last month. It appears HP might have agreed to pay too much for the company, which makes corporate network security mon...