If billionaire investor-provocateur Carl Icahn wants to put enterprise software company BEA Systems on the block, he’d best prepare himself for another Time Warner-style siege.
According to Kevin Faulkner, the company’s senior vice president of investor relations, BEA isn’t for sale. And what’s more, even if Icahn is able to use his 8.5% of the company’s [...]
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Dell must have appreciated the lackluster financial quarters it had under former chief executive Kevin Rollins a lot more than it let on, because it gave him a hell of a parting gift. In a filing yesterday with the Securities and Exchange Commission, Dell said it will pay Rollins $48.5 million for his now-expired stock [...]
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The hammer has finally fallen on Greg “it’s not illegal if you don’t get caught” Reyes. Yesterday afternoon, a jury found the former Brocade Communications Systems CEO (and consultant) guilty on ten felony counts of securities fraud in the nation’s first criminal trial over the backdating of stock options.
Reyes was charged last year with [...]
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Multiple choice question: Catapulted into the rarefied heights of extreme tech wealth by Broadcom’s 1998 IPO, the company’s wildly energetic, and overbearing, CEO Henry T. Nicholas III purchased: a private jet; a Lamborghini Diablo roadster; a Laguna Hills, Calif., estate; or an underground sex lair beneath that estate. According to Nicholas’s former personal assistant and bodyguard, Kenji Kato, the answer to that question is “all of the above.”
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“Steve and Fred were great buddies from 1997 to 2004.” That’s what Charles Wolf, president of Wolf Insights, had to say yesterday about former Apple CFO Fred Anderson and the sucker punch he through at CEO Steve Jobs yesterday. Which pretty much says it all, because “great buddies” is about the last thing phrase you’d use to describe the two men in 2007
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Apparently Fred Andersen is the “Fredo” of the Apple options backdating family …
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In Today’s Video …
“Microsoft Unlimited Potential”
Steve Jobs’ Federation Starfleet-style force field
The real reason for RIM’s BlackBerry outage
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