Boardroom

Microsoft's three-week deadline for Yahoo to initiate formal talks about a merger has passed, putting the software giant in the position of having to decide how aggressive to get in its bid to take over the Web portal. The three-week deadline that CEO Steve Ballmer set in a letter to Yahoo earlier i...

Take-Two Interactive Software on Friday slammed Electronic Arts' lower bid for the company. EA on Thursday decreased its offer by 26 cents per share after Take-Two shareholders voted more shares for its top management, ZelnickMedia, at their annual meeting. EA also extended its tender offer by a mon...

Phil Hester has exited the chief technology officer post at Advanced Micro Devices, according to reports, and he won't be replaced. The Sunnyvale, Calif.-based manufacturer of computer processors, which reported more than $6 billion in revenue in 2007 and trails only Intel in that market, reportedly...

Motorola has selected David Dorman, a former AT&T chief executive, as its non-executive chairman. Motorola, which has experienced a market share loss in the smartphone business in competition with rivals like Nokia and Apple, recently announced a plan to break into two independent publicly trade...

Motorola has selected David Dorman, a former AT&T chief executive, as its non-executive chairman. Motorola, which has experienced a market share loss in the smartphone business in competition with rivals like Nokia and Apple, recently announced a plan to break into two independent publicly trade...

Motorola has selected David Dorman, a former AT&T chief executive, as its non-executive chairman. Motorola, which has experienced a market share loss in the smartphone business in competition with rivals like Nokia and Apple, recently announced a plan to break into two independent publicly trade...

Few people would dispute the mystique that surrounds the boardroom. This allure has been around for some time, but it was recently heightened by the popular TV series "The Apprentice" with business icon Donald Trump. Boards of directors deal with sensitive issues and handle privileged information, a...

Over the past five years, 42 of the technology companies that Mercury Ventures has invested in have made the transition from publicly traded to private firms. That is part of a larger trend among smaller publicly traded companies, for whom the benefits of being public no longer clearly outweigh the ...

EMI Music has recruited Google CIO Douglas Merrill to head up its growing digital music business, the company announced Wednesday. As president of EMI Music's digital business, Merrill will head a new global function that brings together for the first time leadership responsibility for all of the co...

In the 2007 proxy season, public companies complied with the new Securities and Exchange Commission requirements regarding executive compensation disclosure, which provided more data about salary, bonuses, stock options, perks and long-term incentive compensation plans. Today, CFOs at U.S. technolog...

Electronic Arts' hostile takeover attempt for Take-Two Interactive continued Friday with EA's announcement that it has amended its offer for the fellow gaming publishers' investors. Included in EA's amendments to its bid is an extension of the tender offer deadline from April 11 to April 18. The cha...

In the midst of its hostile takeover bid for a rival company, video game firm Electronic Arts is losing one of its key executives. EA's chief financial officer, Warren Jenson, is leaving the company and will be replaced shortly, the company said. He has been with EA for six years. The announcement c...

Opening a new front in his yearlong push to prompt major changes at the top U.S. mobile phone maker, activist investor Carl Icahn is suing Motorola, asking a court to force the company to give him access to strategic plans and other documents. Icahn, who fell short in his effort to strong-arm his wa...

In an article I wrote for the E-Commerce Times titled "WorldCom's Failure: Why Did it Happen?" I talked about one of the largest accounting frauds in U.S. history. The upshot of this fraud was that former CEO, Bernie Ebbers, 63, was convicted of orchestrating this $11 billion accounting fraud and w...

After years spent battling obstruction of justice charges in an investigation of Credit Suisse First Boston, former investment banker Frank Quattrone is back with an investment firm of his own. Qatalyst Group, launched Monday by Quattrone and some former colleagues, is a technology-focused merchant ...