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HP's Whitman: It's Going to Be a Long, Slow Ride October 04, 2012 
HP shareholders counting on Meg Whitman to lead the company into a quick turnaround received very disappointing news from the CEO: Don't hold your breath. Whitman made her comments at HP's annual analyst meeting. The company is on track for a turnaround, she reportedly said -- but it won't materialize until the end of fiscal year 2014.
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Mayer Sketches Out Her Vision of a New Yahoo September 26, 2012 
The revolving door at Yahoo continued to turn on Tuesday as the CEO Marissa Mayer announced bold new plans that included bringing in a new CFO, Ken Goldman. Mayer is the latest in a string of chiefs to take turns at the company's helm. Yahoo has had three CEOs and two interim CEOs in just a little more than a year, following the firing of Carol Bartz last September.
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VMworld 2012: Passing the Torch - and the Ammunition September 11, 2012 
Chief executive transitions in the IT industry often tend toward melodrama or at least bald quirkiness: The number of ignominious CEO departures at HP and Yahoo could qualify both companies for their own telenovelas. After successfully acquiring Sun Microsystems, Oracle unceremoniously booted CEO Jonathan Swartz, an event he noted by tweeting a Zen-like haiku.
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Transmutation in the C Suite August 29, 2012 
My sources tell me that Salesforce.com will be handling its major Dreamforce announcements differently this year. Rather than letting us drink from a firehose at the event, they promise to tell us much of their news beforehand so that they can spend the keynotes, I assume, drilling down into more of the substance of their announcements.
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Best Buy, Schulze Lay Out Rules of Engagement August 28, 2012 
Best Buy has reached an agreement with its founder and former chairman, Richard Schulze, who owns a fifth of Best Buy's shares. The accord could help facilitate a potential $8.8 billion buyout of the retailer. As part of the agreement, Schulze will be granted access to certain due diligence information.
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Syria Gets Internet Hookup Courtesy of China August 22, 2012 
Today in international tech news: Thanks to telecommunications company PCCW, China becomes a beacon of Internet access in Syria, helping facilitate the flow information into and out of the country. Elsewhere, Kindle gets ready to launch in India while the local government ups its effort to control what gets said on the Internet. Also, Foxconn finally gets some love.
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Best Buy Investors Groan as Buyout Fizzles and New CEO Steps Up August 21, 2012
Best Buy has named Hubert Joly the company's new CEO, the electronics mega-retailer announced Monday. The struggling chain, which faces growing competition from online and discount retailers, said it chose Joly for his expertise in turnaround and growth. Prior to taking the position at Best Buy, Joly was the CEO of Carlson.
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OnLive Lives On Under Massive Restructuring Plan August 20, 2012 
The future of the cloud-based OnLive gaming service is looking cloudy indeed. On Monday the company confirmed that a restructuring plan will keep the streaming video game service operating. However, all staff members were let go in the process -- although some may eventually be rehired.
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Mayer Mulls Putting Alibaba Cash to Work August 10, 2012 
Newly hired Yahoo CEO Marissa Mayer is reportedly considering a change in business strategy for the company, beginning with a restructuring plan that would use the revenue from Yahoo's Alibaba sale for long-term investment options rather than an immediate payback to shareholders. Yahoo announced in May it would sell half of its 40 percent stake in the Chinese Internet company in a $7 billion deal.
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Best Buy Founder Makes His Move August 07, 2012
Best Buy founder Richard Schulze has submitted a written proposal to buy the electronics retail chain in a deal that would value the company at as much as $8.8 billion. Schulze is currently the company's largest stakeholder with about a 20 percent share of the business. He stepped down as chairman of the company he founded in June amid a scandal involving CEO Brian Dunn and a female employee.
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Passed Over for CEO Seat, Levinsohn Bids Adieu to Yahoo July 31, 2012 
Weeks after Marissa Mayer was hired as the new CEO of Yahoo, her predecessor has stepped down. No, not Scott Thompson. He left in May amid a resume scandal involving a false computer science degree. Yahoo's latest defector is Ross Levinsohn, the person who briefly held the position of interim CEO of Yahoo after Thompson was pushed out.
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Ousted Best Buy Founder Rounds Up Posse for Takeover July 30, 2012
Richard Schulze, the founder and ousted chairman of Best Buy, is assembling a team of executives that could help him lead the electronics retail megachain if his attempts to buy back the company are successful, according to a report from Bloomberg. The Best Buy founder and former CEO left his position as chairman in June following a scandal that centered on another former CEO, Brian Dunn.
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Ex-Yahoo Chief Hired to Helm ShopRunner July 24, 2012 
Former Yahoo CEO Scott Thompson will be the new leader of ShopRunner, taking over the e-commerce site about two months after he left Yahoo amid a scandal. ShopRunner announced the hire on Monday; former CEO Mike Golden will remain at the company as president. ShopRunner partners with more than 60 retailers -- such as Toys 'R' Us, American Eagle Outfitters and Sports Authority.
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Marissa Explains It All July 21, 2012
Given its lousy financial performance, periodic bouts of layoffs, questionable patent litigation strategy and security lapses, Yahoo appears to be adrift, listing, off course, capsizing. Name any unfavorable nautical condition, and it probably applies to Yahoo.
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Yahoo's Q2: Mayer Has Her Work Cut Out for Her July 18, 2012 
Yahoo's Q2 earnings, which were publicly released Tuesday, underscore the challenges that new CEO Marissa Mayer will face as she takes over the struggling Internet company. Yahoo brought in $227 million in its second quarter, down from the $237 million it reported for the same time a year ago. Earnings per share were the same as last year at 18 cents.
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Has Yahoo Finally Found the One? July 17, 2012 
Yahoo's search for a CEO is over: The company has announced that Marissa Mayer, one of Google's most prominent executives, will take the helm at Yahoo. Her recruitment is seen as a major victory for Yahoo, which has churned through a number of CEOs in recent years.
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Banished Best Buy Founder Plots to Reclaim Throne June 28, 2012
Best Buy founder Richard Schulze is exploring a private takeover of the electronics retail chain, according to a recent report. Schulze is the largest company shareholder with about a 20 percent stake in Best Buy. He has reportedly conducted discussions with Wall Street banks to determine the best strategy for a buyout but has met resistance from the company's board of directors.
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Yahoo, Facebook Patent Case May End Without Fireworks June 22, 2012 
A brewing patent dispute between Yahoo and Facebook may wind up being settled outside of the courtroom, according to court filings made this week by Yahoo's attorneys in the U.S. court for the Northern District of California, in which they also sought extensions to other filing deadlines. The two companies are engaged in settlement negotiations, the filing said, adding that an extension might facilitate this process.
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RIM Sheds More Flesh in Long, Hard March to BB10 June 20, 2012 
Research In Motion is issuing pink slips as part of a massive cost-cutting effort that could save the company $1 billion in expenses. RIM is reportedly laying workers off in small batches, starting with the quality control, operations and parts departments. The company is also looking to cut costs by restructuring its supply chain.
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Best Buy or Best Sell? Departing Founder Weighs Options June 08, 2012
Best Buy Founder and Chairman Richard Schulze announced Thursday he is leaving the company immediately and plans to explore all available options for his 20.1 percent ownership stake in the electronics retail chain. His departure comes two months after former CEO Brian Dunn left the company under a cloud of scandal and as the retailer faces increased competition from online sellers and discount vendors.
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