Newly appointed Hewlett-Packard executive chairman Ray Lane vigorously defended the company's decision to oust CEO Leo Apotheker and replace him with board member and former eBay head Meg Whitman.
Just under a month after appointing a new CEO, AMD on Tuesday said that Rick Bergman, the company's senior vice president and general manager of products, was departing the company to pursue other opportunities.
Hewlett-Packard CEO Leo Apotheker has been ousted from his position and replaced by HP director and former eBay CEO Meg Whitman, less than a year after he took the job.
Hewlett-Packard CEO Leo Apotheker will likely be removed from his position on Thursday and replaced by HP director and former eBay CEO Meg Whitman, according to a Wall Street Journal report.
Nokia's acting Chief Technology Officer Henry Tirri is to stay on in the role, after his predecessor Rich Green left the company on Thursday following three months leave to deal with a "personal matter."
As reports swirled of Hewlett-Packard CEO Leo Apotheker's imminent ouster from the company after less than a year on the job, some observers suggested that if such a thing indeed comes to pass, it won't be that much of a surprise.
HP's board of directors is reportedly looking to replace CEO Leo Apotheker, with former eBay CEO and current HP director Meg Whitman said to be a finalist for the job.
Cisco Systems emerged from 150 days of restructuring on Tuesday as an aggressive competitor, laying out some of the problems that led it to make changes, while saying its rivals are in even worse predicaments.
Cisco Systems Chairman and CEO John Chambers plans to stay on the job for at least three more years, he said Tuesday.
With Yahoo languishing in the face of competition from the likes of Google and Facebook, the ouster of CEO Carol Bartz gives the company a chance to refocus and reinvigorate itself.
As she approached her third anniversary as Yahoo's CEO, Carol Bartz couldn't overcome a recent string of missteps that apparently eroded the board's confidence in her and eclipsed her achievements as leader of the embattled Internet pioneer.
Carol Bartz has been fired from her job as Yahoo CEO and replaced on an interim basis by the company's chief financial officer, Tim Morse, according to news reports Tuesday.
AT&T will return 5,000 outsourced call-center jobs to the U.S. if regulators approve its proposed US$39 billion acquisition of T-Mobile USA, the company said Wednesday.
Oracle is accusing Hewlett-Packard of fraud in connection with the companies' settlement agreement over the hiring of former HP CEO Mark Hurd, and wants the pact dissolved, according to a court filing Tuesday.
Apple and small businesses have an interesting relationship. While Apple has seemingly gone out of its way to avoid catering to the business market, it certainly has its adherents.
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