Kraft Foods boss Irene Rosenfeld is the most powerful woman in U.S. business, Fortune magazine said on Thursday, bumping PepsiCo Inc. chief Indra Nooyi into second spot after five years on top.
If Oracle, which has traditionally spent lavishly to buy other software companies along with the occasional hardware vendor like Sun Microsystems, is looking for more hardware, what are some targets?
Others have pondered that perhaps Warren Buffett – who's now 81 years old – is simply preparing for his exit and planning to bequeath his legendary company’s management to younger warriors.
Dear Meg Whitman:Now that you’ve been installed as Hewlett-Packard’s fifth CEO in six years, you’re going to have to fill some big footprints left by giants like Bill Hewlett, David Packard and John Young.
Hewlett Packard Co. (NYSE:HPQ) named Meg Whitman as president and chief executive officer, while Ray Lane has moved from non-executive chairman to executive chairman of the board.
Forbes' latest list of billionaires, which was published on Wednesday, has a few surprises on it. The world has now 1,210 billionaires, with a total net worth of $4.5 trillion. The number of billionaires has doubled in China while Moscow surpasses all other cities in the number of billionaires.
Leo Apotheker won’t remain CEO of Hewlett-Packard into a second year. Directors of the world’s biggest computer maker ousted him in favor of the former head of eBay, Meg Whitman, who lacks computer experience.
AT&T and T-Mobile USA are doing everything in their power to save their $39 million merger, including hiring the best available antitrust lawyers in the country.
Two days of negotiations between the CEOs of Oracle
and Google before a federal magistrate appear to have helped Google, court filings indicate.
September has proved to be a tough month for technology boards of directors who seem to be foundering, and not leading their companies. The result may be that customers wonder who's designing the products.
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.
The richest people in America revealed
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.
Stock index futures pointed to a slightly higher open on Wall Street Wednesday, with futures for the S&P 500 up 0.23 percent, Dow Jones futures up 0.26 percent and Nasdaq 100 futures up 0.07 percent at 3:06 a.m. ET.
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.
A federal magistrate has ordered more negotiations between the CEOs of Oracle and Google in an effort to prevent a trial on Oracle’s claims of patent infringement.
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.
Intel Capital, the in-house arm of the world’s biggest chipmaker, has seeded seven small companies in hopes they will swell into profitable ventures. The move comes a month after Intel announced its $300 million Ultrabook initiative for tablets and ultralight products.
Warren Buffett advanced his succession plan on Monday by naming Ted Weschler, a low-profile hedge fund manager who has produced out-sized returns in the last decade, to help manage the investments of Berkshire Hathaway Inc
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.
SAP AG has agreed to pay $20 million to resolve a criminal probe into allegations that it downloaded millions of files from rival Oracle, according to a source familiar with the matter.