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$10 Billion Shot HURD Round the World

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$10 Billion Shot HURD Round the World

Mark Hurd is pushed out as CEO of HP. His abrupt fall from high dropped HP stock 10% in a single day: the company lost $10 billion in value overnight.

Mr. Hurd (who came in to fix HP after Carly Fiorina's Compaq acquisition) fell from grace by his own hand. Before he left, Hurd personally paid out to settle a sexual harassment accusation at the heart of his departure.

The complainant is a 50-year old actress who once appeared in "steamy" films like Easy Rider– The Ride Back, Blood Dolls, The Ou Continue reading...

Corbisgate for Bill Gates?

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Corbisgate for Bill Gates?

While Steve Jobs battles "Antennagate," Bill Gates is riding under the radar with Corbisgate.

A 6-person company near Seattle sued stock photo company Corbis (Bill Gates is sole owner) and won a $20 million judgment. Naturally Corbis is appealing the decision.

The Superior Court jury decided Corbis did enter business with Infoflows and then developed the company's ideas into a service for identifying objects in its digital photo collection. The court called Corbis's behaviour "fraudulent."

If Continue reading...

Samsung Wants Your Innovation!

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Samsung Wants Your Innovation!

Samsung is asking: "Are you a high-tech entrepreneur, university researcher, or technology company having trouble getting the right people at a major high-tech company to listen to you about your innovative technology? If so, then the Samsung Electronics TechQuest is for you!"

Results from a meeting with Samsung Electronics could lead to:

  • technology licensing
  • funding
  • customer/supplier relationships
  • strategic partnerships
  • some other type of business relationship Continue reading...

Are These Our Best Innovations of 2009?

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Are These Our Best Innovations of 2009?American magazine Popular Science annually names the Top Innovations of the Year. See if you agree with their 2009 picks for the computer industry.

  • Wolfram Alpha
    The new search service Wolfram Alpha takes a different approach than Google or Bing. Enter your question or calculation and Wolfram|Alpha uses its built-in algorithms and a growing collection of data to compute the answer. Based on a new kind of knowledge-based computing...

    Go to the Answer Machine

  • Logitech Performance Mouse MX
    The Logitech Continue reading...

  • Lenovo Buys Back Phone Unit

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     Lenovo Buys Back Phone Unit


    Lenovo buys back the mobile phone unit, the same unit it spun off only last year...now probably "THINKing" its decision to focus on its core business in PCs might have been hasty. Continue reading...

    Canon to Buy Océ

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    Canon to Buy Océ

    Canon ($44.99 billion in 2008 revenue) will to buy the €2.9 billion Océ (Dutch printer and copier machine producer) for €730 million in cash.

    Océ remains a separate legal entity in Venlo as a Canon division. The Océ brand is to be maintained and applied in all relevant markets. Océ to lead its R&D and manufacturing. Its Management Board and key management remains in place.

    But the combined companies hope their synergy will soon make them the Number 1 printer company in world, says the Océ CEO, R Continue reading...

    HP Buys 3COM

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    HP Buys 3COM

    HP will purchase 3Com for approximately $2.7 billion

    “Companies are looking for ways to break free from the business limitations imposed by a networking paradigm that has been dominated by a single vendor,” says Dave Donatelli, executive vp/gm, Enterprise Servers and Networking, HP.

    Uh, that's HP-speak for "Companies are buying too much Cisco."

    So guess who the "HP+3COM" punch is aimed at?

    The acquisition of 3Com expands HP’s Ethernet switching offerings, add routing solutions and significantly st Continue reading...

    IBM Looks Up to the Clouds

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    IBM Shows Cloud Computing Concept

    Watch as IBM Conceptualizes Cloud Computing for 2009 CeBIT-goers in Hannover...

    Go IBM Looks Up to the Clouds

    IBM Walks Away from Sun Deal

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    IBM Walks Away from Sun Deal

    BLUFF or REAL?  IBM Walks Out of Sun Deal.

    Sun didn’t like the reduced offer IBM made. The Sun Board threatened to open the sale to other bidders. IBM decided to walk out. Now it’s a game of brinkmanship as we see who blinks first.

    The deal’s collapse raises questions about Sun’s next move, but IBM’s offer was only reduced from $9.55 a share to $9.40 after 100 lawyers did due diligence.(For one example, IBM says change-of-control payments to senior employees are Continue reading...

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