News

  • Ellison, Phillips, McDermott to take stand in Oracle-SAP retrial

    During the upcoming retrial of Oracle's corporate-theft lawsuit against SAP, the companies plan to call a star-studded array of tech executives as witnesses including CEO Larry Ellison, former Oracle co-president and current Infor CEO Charles Phillips and SAP co-CEO Bill McDermott, according to court documents filed Thursday.

  • Tech managers aren't doing a good job developing IT talent: survey

    Tech managers need to do a better job developing talent, IT pros say. There's too much judgment and not enough instruction, according to new poll data from Dice.com.

  • Infineon CEO Bauer resigns after health complications

    Infineon Technologies CEO Peter Bauer will resign due to health issues when the company's fiscal year ends in September, the company said this week.

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    WSJ: Thompson told Yahoo board he has cancer

    Scott Thompson told the Yahoo board before he was ousted as CEO over the weekend that he has thyroid cancer, The Wall Street Journal reported Monday.

    Thompson revealed the diagnosis as evidence arose that seemed to contradict his story about why he was not responsible for a degree listed on his resume that he does not have, the newspaper reported, citing anonymous sources familiar with the situation.

    The cancer diagnosis came while Thompson's academic record was under scrutiny by a Yahoo board committee appointed to investigate the matter. Thompson did not want his illness to be publicly disclosed, a source told the Journal, and he has begun treatment for the disease.

    Thompson, who had been under increasing pressure to step down because of the resume situation, decided to resign in part because of the cancer diagnosis, one source told the newspaper. His resume listed an accounting and computer science degree from Stonehill College in Easton, Massachusetts, but his degree was in accounting only, it was discovered.

    Thompson blamed the error on a head-hunting firm that had been involved when he was named president of eBay's PayPal division, but the firm, Heidrick and Struggles, publicly discounted that claim, saying that it could prove it was false.

    Yahoo announced Sunday that Thompson had left the company and that Ross Levinsohn, who had been in charge of the company's media websites, would step in as interim CEO while the board searches for a replacement. Fred Amoroso was also named chairman of the board, replacing non-executive Chairman Roy Bostock. The board also announced it had settled a proxy fight by activist shareholder Daniel Loeb, who leads the Third Point investment fund, which owns about 5.8 percent of Yahoo. Loeb brought to light the discrepancy in Thompson's academic record, which played a central role in plunging the company into the latest of what has been a long series of controversies and missteps by Yahoo management.

    Soon after Yahoo announced that Thompson had left the company -- it did not call his departure a "resignation" -- Kara Swisher, the reporter who broke the news that Thompson was out as CEO on the All Things D blog Sunday, posted Levinsohn's first memo to employees in which he sought to offer encouragement.

  • Scott Thompson out as Yahoo CEO

    Embattled Yahoo CEO Scott Thompson has left the company, Yahoo has announced, after more than a week of controversy over questions about embellishments to his resume.

  • Thompson reportedly out as Yahoo CEO

    Yahoo CEO Scott Thompson, who's been under fire amid questions about whether he padded his resume, plans to step down from his job, according to a report today by All Things D.

  • Ex-Oracle, SAP exec Wookey to lead 'most' application development at Salesforce.com

    Power has shifted within Salesforce.com's development organization, with John Wookey taking on more responsibility at the cloud software vendor as another executive takes a leave of absence, the company confirmed Thursday.

  • Facebook expansion plan clears first hurdle

    Facebook's plans to expand its headquarters in Menlo Park, California, got an initial OK from the city planning commission this week and offered a sneak peak at the company's plans to expand after its much anticipated IPO.

  • Yahoo board reportedly investigating CEO hiring process

    A panel of Yahoo board members has begun investigating the hiring of CEO Scott Thompson in the wake of revelations that his resume's listing of computer science as a second undergraduate major was false, according to the Wall Street Journal.

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    Yahoo board to 'review' discrepancy in CEO's resume

    Yahoo said late Thursday that its board will review a discrepancy in the resume of its CEO, Scott Thompson, and "make an appropriate disclosure" to its shareholders.

  • Yahoo CEO's resume overstated his technology background

    Yahoo acknowledged on Thursday that its new CEO, Scott Thompson, does not hold a degree in "accounting and computer science" as his resume and the company's financial filings claimed, and instead majored only in accounting.

  • Microsoft opens New York research lab, hires mainly Yahoo researchers

    Microsoft is opening Thursday a research lab in New York city that aims to benefit from interaction with the academic and tech communities in the metropolitan area, as well as attract new talent to Microsoft, the company said.

  • Are BYOD workers more productive?

    Bring-your-own-device, or BYOD, is a movement blurring the line between work and personal life. After all, BYOD is all about employees using personal smartphones and tablets for business purposes. So does this mean people check Facebook when they should be working or read job-related emails on weekends?

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    Apple, Google and others to face former employees' antitrust suit

    A federal court in California has ordered seven technology companies in the state including Apple, Intel, Adobe and Google to face a private antitrust suit from five former employees, who alleged that the companies conspired to eliminate competition between them for skilled labor to suppress compensation and mobility of employees.

  • Top FBI cyber cop joins startup CrowdStrike to fight enterprise intrusions

    Shawn Henry, who just retired as executive assistant director of the criminal, cyber, response and service branch of the FBI after 24 years there, has been named president of CrowdStrike Services, a division which will focus on incident response and malware assessment. Henry says he accepted the position because he agrees with the company's vision, even though CrowdStrike only debuted a few months ago and its product line won't be out until later this year. CrowdStrike was founded by its CEO George Kurtz and CTO Dmitri Alperovitch, and funded with $26 million from investment firm Warburg Pincus.

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