Boardroom

Two Yahoo investors, acting independently, have publicly called for radical changes or a potential sale of the firm. Both Canyon Capital Advisors and SpringOwl Asset Management apparently were unappeased by last week's announcement that Yahoo would spin off its core Internet business. Canyon Capital...

Yahoo on Wednesday announced that its board of directors decided to suspend plans to spin off its Alibaba holdings and instead will undertake a reverse spinoff, transferring its other assets and liabilities to a newly formed company. The stock of the newly formed company will be distributed pro rata...

Up for discussion at Yahoo's next board of directors meeting is the sale of its Bing-powered search, longstanding mail service, aggregator-propped news platform, and the rest of the company's Internet business, according to reports. The possible spinoff of Yahoo's 15 percent stake in Alibaba also ma...

Google CEO Sundar Pichai on Thursday announced the appointment of Diane Greene, cofounder of VMWare and a current Google board member, to lead its cloud business operations. Google will acquire Bebop, another firm founded by Greene. Bebop is a new development platform that makes it easy to build and...

The long-awaited split of HP's personal computer and enterprise operations has taken place, and CEO Meg Whitman, who oversaw the transition of the massive, listing ship, clearly faces the most challenging crisis of her career -- trying to save a legacy business from being buried by the sands of time...

Investors cheered after Twitter CEO Jack Dorsey's announcement of plans to cut up to 336 jobs, or 8 percent of the global workforce, as part of an effort to strengthen long-term growth. Dorsey, the company cofounder who last week reclaimed his former position as chief executive, announced the painfu...

Tesla Motors CEO Elon Musk's recent comments to a German newspaper -- suggesting that Apple is the "Tesla graveyard" due to its hiring of fired Tesla employees -- has struck some nerves in the U.S. Musk dismissed claims that Apple had poached staff, telling the paper that those who couldn't cut it a...

Twitter cofounder Jack Dorsey, who has been running the company as interim CEO for the past three months, has taken the reins for good, the company revealed in a document filed with the SEC last week. Former CEO Dick Costolo has left Twitter's board of directors, and Adam Bain has stepped into the c...

Tatsumi Kimishima emerged as president of Nintendo, following a meeting of the board on Monday. Kimishima, 65, has taken up the positions of representative director and president, and he has shed the roles of managing director, general manager of corporate analysis and administration, division and g...

Google on Sunday named auto industry veteran John Krafcik to head up its autonomous vehicle division. Krafcik, former CEO of Hyundai's U.S. operations, will be the first CEO of Google's 6-year-old self-driving car project. "This is a great opportunity to help Google develop the enormous potential of...

Google on Monday announced a restructuring that will make it a wholly owned subsidiary of a new umbrella company called "Alphabet." Product Chief Sundar Pichai will take over as CEO of Google, while Google cofounders Larry Page and Sergei Brin will be CEO and president, respectively, of Alphabet. Pi...

Sprint continued to make progress in its turnaround during Q1. However, it apparently wasn't enough to keep the company from slipping to fourth place among major wireless carriers, exchanging places with T-Mobile, which climbed up to third. Among other things, Sprint cut postpaid customer losses in ...

CEO Satya Nadella on Wednesday announced that Microsoft will reduce its workforce by 7,800 as it refines its mobile message and strategy. The company will write down roughly $7.6 billion associated with assets tied to the acquisition of Nokia's devices and services business, Nadella revealed. The re...

Some aspects of CEO Satya Nadella's vision for Microsoft are becoming more clear. For one thing, the company's interest in advertising is seriously on the wane. Microsoft reportedly has handed off most of its digital advertising sales business to AOL. Microsoft will retain control of its search adve...