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Michael Dell Goes Into Safe Mode
April 01, 2013
Michael Dell, CEO of the PC maker that bears his name, may be considering a buyout offer from the Blackstone Group -- a bid that competes with a deal he put together himself -- but only with some serious strings attached. Apparently he not only wants the company to retain the Dell moniker, but also wants to remain in charge.
Sharks Circle Struggling Dell
March 26, 2013
Dell confirmed Monday that two new possible buyers have submitted bids for the company: Boulder Acquisition Corp. and its Blackstone Group affiliate; and perennial corporate raider Carl Icahn. Dell has already accepted an offer made earlier this year by founder Michael Dell and Silver Lake, but it is bound by law to seek alternative offers.
The Fall of Apple and the Return of BlackBerry
March 25, 2013
We tend to be slow to see change. If a company is on top, like Apple was, it takes a lot for us to see its fortunes have changed, as they clearly have post-Jobs. If a company is on the bottom, like BlackBerry was, it may be even tougher to see it on the rebound. We simply don't like the change in our worldview, and this isn't just with regard to companies but people as well.
Adobe Earnings Rush In but CTO Rushes to Apple's Arms
March 20, 2013
Adobe reported a strong first quarter of 2013 Tuesday, just as news hit that Chief Technology Officer Kevin Lynch is leaving the company and heading to Apple. The company beat analyst expectations for the quarter. Adobe reported a revenue of $1.008 billion, with net income coming in at $177.9 million.
Riccitiello Booted as EA Reboots
March 19, 2013
John Riccitiello, who was at the helm of video game publisher Electronic Arts as it tried to navigate major shifts in the industry, will step down as CEO on March 30. Chairman Larry Probst, EA's CEO when Riccitiello took over in 2007, will serve as the company's executive chairman and temporary leader while it searches for a new chief executive.
Samsung Tries On Triple-Crown Leadership for Size
March 16, 2013
Samsung Electronics has named two new chief executive officers, bringing the number of company heads to three: Joining the current CEO Oh-Hyun Kwon as coCEOs will be Boo-keun Yoon and J.K. Shin. They are the head of Samsung's consumer electronics and mobile divisions, respectively. Both men have scored notable achievements in their roles.
The Employee Heroes at HP: Making an Impossible Turnaround
March 11, 2013
It is very difficult to pull off a turnaround. This is because you typically start with a company that is unprofitable and lacking the resources to compete. You have employees who are still on the job only because they haven't been able to find another one, and you're selling products that few want to buy. To successfully execute a turnaround, you need heroic employees who are willing to step up despite the problems.
Mason Marches, Groupon Regroups
March 01, 2013
A day after posting disappointing quarterly earnings, Groupon ousted its founder and CEO Andrew Mason. The company's stock jumped 4 percent in after-hours trading as the news became public. "I've decided that I'd like to spend more time with my family. Just kidding -- I was fired today. If you're wondering why... you haven't been paying attention," Mason said in a letter to employees.
Yahoo Picks Up Speed With Alike Acquisition
February 14, 2013
In case investors have any doubts that Yahoo sees its future in mobile, events of the past few days should dispel them once and for all. News surfaced Tuesday that Yahoo has acquired Alike, a mobile app that guides users to find nearby venues and places to visit. Also on Tuesday, CEO Marissa Mayer sketched out her vision for Yahoo at an investors conference hosted by Goldman Sachs.
Apple's Cook: We're Not Done Innovating Yet
February 13, 2013
Despite a stock drop, a lawsuit from a hedge fund manager and questions about future products, Apple CEO Tim Cook told the audience at a Goldman Sachs technology conference Tuesday that innovation remains "deeply embedded" in the company's culture, and that it has "never been stronger."
Disgruntled Investors Could Deep-Six Dell Deal
February 12, 2013
Dell's plan to go private in what would be one of the biggest leveraged buyouts in recent years appears to be in jeopardy. Some of the company's largest shareholders have come out against the move. Southeastern Asset Management filed with the Securities and Exchange Commission a letter it sent to Dell's board of directors warning them that it will vote against the deal.
Big Google Cashout Plan Has Analysts Picking Schmidt's Brain
February 11, 2013
Google's Executive Chairman Eric Schmidt might sell as much as 42 percent of his shares in the tech giant, according to an SEC filing. At the stock's current price of around $785 per share, the sale could yield about $2.5 billion for Schmidt. He currently owns about 7.6 million shares of Class A and Class B common stock.
Game Devs Jailed for 'Shooting' Greek Military Bases Out on Bail
January 16, 2013
Video games strive to be realistic, but this was probably too real. Two game developers from the Czech Republic were released on bail after being jailed for taking photos and videos of military bases and installations in Greece. The duo, Ivan Buchta and Martin Pezlar, work for Bohemia Interactive. They reportedly were arrested in September after capturing images that local authorities deemed sensitive.
2012's Most Notable Computer Crimes
January 16, 2013
Users of the Internet and electronic gear are vulnerable to criminals near and far, but we don't always hear about what happens at court and whether the alleged criminals are convicted or acquitted. Here is an update on some those crimes for consideration. After an 11-day jury trial in Denver, members of the management of Executive Recycling were convicted of illegally disposing of e-waste overseas.
Google's Schmidt Pitches Android to Chinese Devs
January 15, 2013
Fresh off his trip to North Korea -- and right behind Apple CEO Tim Cook's trip to China -- Google chairman Eric Schmidt joined a panel discussion at the "Geek Park" conference in Beijing. Schmidt reportedly reminded the developers in attendance that despite Apple's popularity in China -- the iPhone 5 sold more than 2 million units in one weekend -- Android is still the top dog in the Middle Kingdom.
Cook's China Excursion Could Swell Apple's Coffers
January 11, 2013
Apple CEO Tim Cook has had a busy week in China trying to drum up more business for his company. Cook met with China's minister of industry and information on Tuesday, executives at partner China Unicom on Wednesday, and with Xi Guohua, the CEO of China Mobile -- which has more subscribers than any other carrier in the world -- on Thursday.
Schmidt's Visit May Help Open Up North Korea
January 10, 2013
The visit to North Korea this week by a team led by Google Chairman Eric Schmidt and former New Mexico Gov. Bill Richardson has stirred up controversy. The U.S. State Department has criticized the move, while Sen. John McCain, R-Ariz., has described Richardson and Schmidt as "useful idiots."
Hulu Honcho to Hit the Road
January 07, 2013
Hulu CEO Jason Kilar bid a fond adieu to the company's employees, announcing in a blog post Friday that he and CTO Rich Tom will be leaving at some point during Q1 2013. Kilar made no mention of the reasons for their departures, other than to say, "Rich and I have been fortunate to build and innovate alongside each other these past 5+ years and our plan is to do more of that on the road ahead."
State Dept. in a Snit Over Schmidt's North Korea Trip
January 04, 2013
The U.S. State Department gave a measured but clear rebuke of Google Chairman Eric Schmidt's upcoming trip to North Korea. News broke this week that Schmidt will join former New Mexico governor Bill Richardson on a humanitarian mission to the impoverished nation. "We don't think the timing of this is particularly helpful," State Department spokesperson Victoria Nuland said.
Reports of Tim Cook's Pay Cut Greatly Exaggerated
December 28, 2012
Apple CEO Tim Cook's salary fell by $373.8 million in 2012. Then again, it really didn't. According to a filing with the Securities and Exchange Commission, Cook earned $4.2 million in executive compensation in 2012 -- $1.3 million in salary and $2.9 in non-cash compensation. Last year, Cook's compensation was reported as $378 million. Most of it -- $376 million -- was in the form of restricted share units.

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