Boardroom

Windows 8 is the torpedo that sunk Steve Ballmer, the headlines have been screaming. The news we were all expecting finally arrived last Friday with the announcement that Steve Ballmer would step down as Microsoft's CEO. Now the question is who will replace Ballmer -- and will that person be the rig...

By now the shock is wearing off and the steely-eyed calculations have begun following Microsoft CEO Steve Ballmer's announcement on Friday that he will step down from his post some time within the next 12 months. "This is a time of important transformation for Microsoft," Ballmer said in an internal...

Amazon has run tests on WiFi technology that could give Kindle users direct Internet connectivity, according to a recent report. The technology uses spectrum controlled by satellite communications company Globalstar, which is perhaps best known as a global satellite phone service provider. It is pos...

Former Microsoft executive Steven Sinofsky, who shocked the high-tech industry when he abruptly parted ways with the company shortly after Windows 8 was launched, has joined venture capital firm Andreessen Horowitz as a board partner. Sinofsky, a 23-year veteran at Redmond, led the creation of Windo...

Microsoft CEO Steve Ballmer announced on Friday that he will step down from his post some time within the next 12 months, depending on when a successor is chosen. Stocks in the company surged 7 percent in early trading following the news. "This is a time of important transformation for Microsoft," B...

Hewlett-Packard announced some changes to its executive lineup on Wednesday -- the same day it posted a quarterly earnings report that fell short of analyst expectations. Revenue for HP's third fiscal quarter was $27.2 billion, the company reported, down 8 percent from the $29.7 billion it posted a ...

Yahoo topped Google as the most-visited website in the United States in July, Web analytics firm comScore reported on Wednesday. Specifically, Yahoo received 196.6 million unique visitors during the month, compared with 192.3 million for Google. This is the first time Yahoo has found itself in the t...

Dell posted its Q2 earnings report Thursday, reporting a 72 percent drop in net income. The report comes in the throes of a long-running battle for Dell's future. Founder and CEO Michael Dell is leading an effort to take the company private through a $25 billion deal, but activist shareholder Carl I...

BlackBerry on Monday announced the formation of a special committee to explore strategic alternatives to accelerate BlackBerry 10 deployment. Among these options are joint ventures, strategic partnerships and even the sale of BlackBerry to another company. "We continue to see compelling long-term op...

Groupon stock climbed more than 27 percent Thursday following the release of a quarterly earnings report that beat expectations, and the announcement that cofounder Eric Lefkofsky was officially named CEO. Shares bounced more than 20 percent in after-hours trading following Wednesday's news, cooling...

Just two days after a key part of Michael Dell's last offer was roundly rejected, the attempted buyout of his company on Friday took an unexpected turn. Specifically, Dell secured a significant voting concession from the special committee set up by the board of directors in exchange for upping the t...

Following the revised buyout offer from Michael Dell and investment firm Silver Lake last week, a special committee of Dell's board of directors announced on Wednesday that it has rejected a key part of it. Specifically, the committee refused to accept the part of the new offer by which only shares ...

After placing its bets on real-money online gambling late last year, Zynga on Thursday announced that it is abandoning that initiative. The beleaguered company now believes that its best plan is to focus on free-to-play social games, it announced in its second quarter 2013 financial report. It will ...

Michael Dell and investment firm Silver Lake have increased their takeover bid for Dell by 10 cents to $13.75 a share, a special committee of Dell's board of directors announced on Wednesday. As a result, the already-postponed special meeting of stockholders intended for the official vote on the buy...

Netfllix added 630,000 U.S. streaming customers and achieved profit of $29 million, or 49 cents a share, in the second quarter of 2013, it reported on Monday. Those profits represent a dramatic increase from the same period a year ago. The company's revenue, meanwhile, rose 20 percent year-on-year t...