MARK HURD

Several media reports say that Hewlett-Packard (NYSE:HPQ) is considering ousting CEO, Leo Apotheker, only 10 months after he officially took the helm on Nov. 1, 2010.

During his brief stay at HP, Apotheker decided to dramatically shift the company’s strategy.

The world may know later Wednesday whether or not Leo Apotheker will remain CEO of Hewlett-Packard into his second year. After a year on the job, the HP leader's progress ought to be reviewed. But if a computer-savvy expert who's not been given much of a chance to put a strategy into effect is booted out, where is the HP Way?

Shares of Hewlett-Packard, the biggest computer services company, jumped as much as 8.2 percent Wednesday after unconfirmed reports CEO Leo Apotheker might forced out.

Oracle shares leaped nearly 7 percent Wednesday after the database giant assuaged investor fears that lagging hardware sales might slow it down. The company reported first-quarter earnings that exceeded analyst expectations.

Oracle Corp forecast earnings for the current quarter that are higher than expected, as well as robust software sales, offering some reassurance to investors hoping that global technology spending is holding up.

Database giant Oracle reported its first quarter net income jumped 36 percent to $1.8 billion, exceeding analyst estimates, as revenue rose a more modest 12 percent to $8.4 billion.

Database giant Oracle is scheduled to announce first quarter results Tuesday. If they maintain the recent pattern, they’ll likely beat analyst estimates of 44 cents a share carried by Zacks.

When John Chambers takes to the stage on Tuesday, many will be wondering if it is the last time the chief executive leads Cisco Systems Inc's annual financial analyst conference.

Robert Kelly, the chief executive of Bank of New York Mellon Corp. (NYSE: BK) was recently fired reportedly because of his “abrasive” personality and management style.

The chief executive of Bank of New York Mellon Corp. Robert Kelly was fired on Wednesday reportedly because of his “abrasive” personality and management style.

Mexican tycoon Carlos Slim is the richest person in the world for the second year in a row, Forbes said on Wednesday.

How will new Apple CEO Tim Cook fare? Tech company transition CEOs have been a mixed bag.

HP's TouchPad flop brings to mind five other tech mishaps

Less than two months after its release, HP is dropping the TouchPad and other WebOS devices.

Hewlett-Packard could sell low-margin PCs to focus on high-margin services

Hewlett-Packard Co. sued Oracle Corp. in a period of eight months showing a sign of how badly the relationship between the information technology big shots has ragged.

HP's executive shakeup could have been seen from a mile away according to some analysts.

PC giant Hewlett Packard announced some significant organizational changes to better realign CEO Leo Apotheker's direct reports with his new strategic vision.

HP's chief information officer Randy Mott shown the door as CEO Leo Apotheker shakes things up.

Oracle Corporation announced that its president, Safra Catz will be taking over as chief financial officer in the wake of CFO Jeff Epstein's departure.