Author Archives: Editorial Staff
Reuters is reporting that an Oracle investor sued the company and members of its board of directors over alleged $200 million settlement. The lawsuit was filed in Delaware state court by investor Jordan Weinrib said the defendants, including Oracle CEO Lawrence Ellison and other past and present members of the company’s board of directors, breached their duty to...
HP CEO Meg Whitman, at the company’s annual meeting of its shareholders, made the pitch to investors that the company hasn’t lost its wave in the market. Whitman outlined HP’s various businesses and assessed, from a bird’s eye view, the strengths and weaknesses of each and their priority within the company — foreshadowing acute changes in coming months. The...
China Mobile has announced that its chairman, Wang Jianzhou, has stepped down from his position “by reason of age”. The China Mobile board honored Wang “with the highest regard and deepest gratitude” and his eight year tenure has seen it grow to more than 650 million subscribers. His replacement will be Xi Guohua, the operator’s vice chairman. The Board of the...
Asus global vice president Xu Youjia told the China Times that “Asus will not make ‘me-too’ products,” Xu said. “In the tablet field, the goal is to rise to the top of the non-Apple group.” Urging that Asus will not settle for anything less than second-best in the market cited its popular Transformer line as an example of its innovation....
