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Loeb Leans Harder on Yahoo May 07, 2012 Dan Loeb is not letting up the pressure on Yahoo, its board of directors or, most certainly, its CEO, Scott Thompson. Loeb, manager and founder of Third Point, a hedge fund that owns a 5.8 percent stake in Yahoo, has demanded more information about the process that led to the hiring of Thompson, after charging last week that the CEO did not have a computer science degree as his resume claimed.

Nokia Investors Claim Fraud Over False Turnaround Promises May 04, 2012 The chain of troubles plaguing Nokia grew longer this week with news that class-action litigation giant Robbins Geller Rudman & Dowd has filed suit against the firm alleging violations of the Securities Exchange Act of 1934. The complaint can be summed up thusly: Nokia said its shift to Windows Phone 7 would halt its slide in the smartphone market, but that hasn't happened.

Yahoo CEO's Fishy Resume Creates Big Stink May 04, 2012 A fresh blight has struck Yahoo, which continues to flounder as management slashes its workforce in a bid to put the ailing company back on its feet. The resume of recently hired CEO Scott Thompson claims he holds a college degree that he never actually earned. The news erupted on Thursday in the midst of a proxy fight for control of Yahoo's board.

Everyone's Doing the Apple Tax Dance April 30, 2012 Apple is employing several legal tax strategies to take its record-setting profit levels even higher. For example, the company's business doesn't just operate out of Cupertino, Calif., where the corporate tax rate is 8.84 percent. Apple has an office in Reno, Nev., where it can manage investments at a zero percent corporate tax rate.

Will Apple Sputter When It Runs Out of Jobs Juice? April 27, 2012 Without Steve Jobs, Apple will fall from greatness, according to Forrester Research CEO George Colony. "Apple's momentum will carry it for 24-48 months," he wrote recently in his blog. "But without the arrival of a new charismatic leader," he continued, "it will move from being a great company to being a good company, with a commensurate step down in revenue growth and product innovation."

Schmidt: Sun Was Warm to Java Arrangement April 25, 2012 Google Executive Chairman Eric Schmidt defended his company's actions regarding Java and Android as he took the witness stand Tuesday during Google's ongoing trial, in which the company stands accused of misusing Java programming code in the development of its mobile operating system.

Google Drive Hits China's Wall April 25, 2012 Today in international tech news: Google Drive is "dead in the water" in China. Meanwhile, a soap opera is unfolding in South Korea, where there's a feud between the chairman of Samsung and family members who want a bigger piece of the company's fortune. Elsewhere, Twitter plays a central, and unfortunate, role in an English court case.

Larry vs. Larry April 21, 2012 A San Francisco courtroom is presently the center ring in the worldwide tech IP litigation circus. While other legal battles over mobile device patents and copyrights are as down and dirty as ever in places like Germany, Australia, and elsewhere in the U.S., the fight between Oracle and Google over the alleged theft of Java technologies stands out due to its cast of characters.

Zuckerberg's Instagram Poker Face April 18, 2012 Facebook founder and CEO Mark Zuckerberg apparently lives by the idea that it is better to ask forgiveness than permission. This seems to have been the case with his decision to acquire Instagram earlier this month. Zuckerberg reportedly alerted the board of directors only hours before making its largest acquisition ever, a billion-dollar deal for the digital photo-sharing service, which had only launched in October 2010.

The People vs. Apple April 14, 2012 Apple has been accused of acting as ringleader of a price-fixing racket, enlisting half a dozen market-dominating companies in a conspiracy to profiteer through anticompetitive practices and artificial price inflation. The market: e-books. The U.S. DoJ sued Apple along with a handful publishers, accusing them of orchestrating a sales agreement that effectively changed the business model under which e-books were sold.

Best Buy Plot Thickens April 12, 2012 Earlier this week, Best Buy CEO Brian Dunn looked like a poor sap being unceremoniously shown the door after close to 30 years of service to the retailer. His crime? He wasn't quick enough, smart enough, visionary enough. One 24-hour news cycle later, the story line is completely different. Unnamed sources are telling news media that Dunn hurriedly left the company after an investigation was launched because of an inappropriate relationship with a female employee.

Best Buy and CEO Brian Dunn Part Ways April 11, 2012 News of Best Buy CEO Brian Dunn's resignation has resulted in some raised eyebrows, to say the least. There were no disagreements, Best Buy said -- the company and Dunn came to a mutual agreement that it was time for new leadership. Director G. Mike Mikan will serve as interim CEO while the company searches for a new chief.

RIM Goes for Broke March 30, 2012 Research In Motion's recently appointed CEO Thorsten Heins emerged from his self-imposed 10-week quiet period by dropping a number of bombshells. Former co-CEO Jim Balsillie has resigned from the board of directors. Several other executives, including Chief Technical Officer David Yach and Chief Operating Officer Jim Rowan, are also leaving. The layoffs are said to include a number of senior vice presidents and vice presidents as well.

Battle for Yahoo's Board Cranks Up a Notch March 29, 2012 It appears that Yahoo and shareholder Third Point are digging in for a contentious proxy fight. The companies have been tussling over who will fill four seats on the board of directors, with the two sides clashing on several points, including whether Third Point CEO Daniel Loeb should get one of the spots. On Sunday, Yahoo announced three new independent directors to the board, effective April 5.

Meg Whitman vs. Tim Cook by the Numbers March 26, 2012 Last week was an interesting week. Apple announced what appears to be a penis iron in the new iPad, and folks are burning through their monthly 4G data plans in a few hours. Tim's having his first Antennagate moment, and Steve Jobs he isn't. On the other hand, Meg Whitman announced her first major restructuring since taking over HP. Whitman appears to have Carly Fiorina's vision and can execute, which bodes well.

Yahoo May Face Bitter Battle Over Board Makeup March 21, 2012 One of Yahoo's major investors, hedge fund Third Point, is calling upon shareholders to elect four of its nominees to the company's board. This is just the latest round in what could become a very nasty fight. "There are a couple of things happening," said Charles King, principal analyst at Pund-IT. Third Point, which has a 5.8 percent stake in Yahoo, "clearly has concerns about maximizing the value of that investment."

Facebook's IPO Underwriters Aren't Complaining March 21, 2012 Facebook has apparently taken its massive user base and immense popularity to heart. The company reportedly is dictating to Wall Street underwriters what it will pay in fees for its $5 billion initial public offering. Typically, these fees would range from 3 percent to 7 percent of the offering. However, Facebook is said to be allowing -- and the banks are willing to accept -- a fee of just 1.1 percent.

Yahoo May Turn Loose Thousands in Massive Reorg March 05, 2012 Yahoo may be readying for a significant change in corporate structure -- and headcount. CEO Scott Thompson is getting ready to restructure the company in a move that will entail layoffs that could number in the thousands. "The indications are that the layoffs will be massive," said David Cadden, a professor of management at the Quinnipiac University School of Business.

LightSquared Puts Out CEO's Torch February 29, 2012 There has been a shakeup in LightSquared's executive ranks following the Federal Communications Commission's refusal to let the company launch its high-speed wireless network due to potential disruptions to devices that rely on the Global Positioning System. LightSquared's chief executive, Sanjiv Ahuja, has stepped down.

Apple's Board Embraces Democracy February 24, 2012 Much of the activity at Apple's annual shareholder meeting was business as usual, according to reports. The company's directors and CEO Tim Cook were endorsed by a very wide margin. There was talk of the issues facing the company, such as what to do with that cash hoard, and why Apple hasn't handled the treatment of the factory workers issue better.