Looks like the worst is once again behind us. In remarks at the Intel Developer Forum on Tuesday, Intel CEO Paul Otellini said the PC industry is headed for recovery, albeit slowly.
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Though some analysts claim otherwise, MySQL is an asset, not baggage, and Oracle has no plans to unload it. Nor does the company think it will be forced to win regulatory approval for its proposed purchase of Sun Microsystems. “No, we’re not going to spin [MySQL] off,” Oracle CEO Larry Ellison told attendees of a Churchill Club event in Silicon Valley Monday evening.
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The European Commission’s inquiry into Oracle’s proposed acquisition of Sun is costing the database giant dearly. Speaking at a Churchill Club event in Silicon Valley Monday evening, Oracle CEO Larry Ellison said Sun is losing $100 million a month because of the extended European antitrust review. He also said he’d like his company to be “the successor to IBM.”
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Geekfighting may never become its own UFC event, but following tech news this week seemed, in places, like a view to a big, well-funded cage match.
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Silicon Valley luminary and Golden Geek cover model Marc Andreessen is adding another gig to his CV: Hewlett-Packard director. Andreessen, who sold his software company, Opsware, to HP two years ago for $1.6 billion, will begin serving on the board immediately, bringing its total number of directors to 11.
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EBay’s plan to sell a 65 percent stake in Skype to a group of private investors is going to be a bit more difficult to pull off than expected. This afternoon, Joltid, a company owned by Skype’s founders, filed a copyright suit against eBay and the consortium of investors that just paid $1.9 billion for a majority interest in it.
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Thirty years at Intel was evidently more than enough for Pat Gelsinger. He’s giving up his job as senior VP of the company’s Digital Enterprise Group to run EMC’s storage-products operations, The Wall Street Journal reports.
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While the highlight
of the week was undoubtedly Apple’s Rock and Roll event on Wednesday featuring Steve Jobs 2.0, that was only the anodized aluminum, candy-colored, video-shooting cherry on top of another week of tech sector reporting from All Things Digital.
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Kai-Fu Lee’s uneventful departure from Google to start a Beijing incubator really belies the spectacle that attended the beginning of his tenure at the search giant. Lee’s train-hopping from Microsoft to Google back in 2005 touched off a five-month pitched battle marked by all manner of inanities and expletive-laden outbursts.
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Sun Microsystems’s last quarterly report as an independent company was about as miserable as earnings reports get. No surprise, then, that the company didn’t bother to issue a press release or hold a conference call with analysts to discuss them.
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Yahoo’s search advertising partnership with Microsoft and its embrace of Bing don’t mean the company has given up on its search business. During a presentation at its headquarters in Sunnyvale, Calif., Monday, Yahoo unveiled a number of new features in its search product that show it’s intent on competing with its new partner in the only way it can–by mimicking the features of Microsoft’s new Bing search engine, and Google’s search engine as well.
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Oracle CEO Larry Ellison is taking a $999,999 pay cut. According to a company filing with the Securities and Exchange Commission, Ellison will receive a base salary of $1 for fiscal 2010, down from the $1 million he collected in fiscal 2009.
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Apple appears to have a particular affinity for the unwritten no-poaching agreements said to be so popular among the nation’s biggest tech companies. Earlier this summer, the New York Times reported that Apple may have quietly negotiated an agreement with Google not to hire away each other’s top talent. Now, Bloomberg claims that the company attempted to win a similar commitment from Palm, but was rebuffed.
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