Tag Archives: Hewlett-Packard

Thoughts on the First Day of Apple’s Era Without Jobs

6 Oct

Tribute to Steve Jobs

According to the social media measurement firm Sysomos, as of midnight Eastern time, the number of Tweets mentioning Steve Jobs had reached 1.4 million, and as many as 11,000 news articles had been written about his passing and his legacy.

That legacy — and his influence on the lives of people around the world — is inestimable, and we will be talking about him and his amazing, interesting life a great deal in the coming days and weeks. Continue reading

Oracle Launches Exalytics Machine

3 Oct

Larry and the Sun Oracle Challenge

Image via Wikipedia

In a way, you could sort of see how the mishegas that has gone on between Oracle and Autonomy over the last few days was leading up to some larger purpose. For Oracle, that is. It’s not every day that Oracle CEO Larry Ellison deliberately provokes a very public fight with another company that results in back-and-forth press releases, leaked emails, publication of previously confidential PowerPoint slides and so on.

But apparently it all did lead up to something. For those just tuning in, here’s how it all went down.

About two weeks ago, on Oracle’s quarterly earnings conference call, Ellison was asked by an analyst about Oracle’s position in the market for analyzing and pulling useful intelligence unstructured data — transcripts of videos and contents of emails, and scores of other things that aren’t neatly arranged in databases. It’s kind of a big deal as companies grapple with the so-called “big data” problem, and the question was a natural jumping-off point to discussing Hewlett-Packard’s $11.7 billion acquisition of Autonomy. Ellison, by way of an answer, portrayed unstructured data as a feature of the existing Oracle database software, and “nothing new,” and then slammed HP for paying too much for Autonomy, the British software firm whose specialty happens to be — you guessed it — unstructured data. And, oh, by the way, Ellison said he took pass on Autonomy when it had been shopped to Oracle because he thought the price was too high. Continue reading

Oracle buying Hewlett-Packard

1 Oct

Image representing Oracle Corporation as depic...

Image via CrunchBase

Amid all the recent drama that has unfolded at Hewlett-Packard — and the he-said she-said back and forth concerning Oracle and whether or not it was approached to buy Autonomybefore HP ponied up — lies a lingering meme that refuses to die: That somehow the software giant Oracle is going to make a bid for HP.

Given the recent feuds between the management teams at the two companies, Oracle’s acquisitive history and HP’s sudden weakness, it doesn’t take much for a popular narrative of Oracle buying HP to emerge. It would be a dramatic denouement to the events of the last year that have found HP and Oracle at increasingly caustic loggerheads. Oracle CEO Larry Ellison would take some kind of victory lap and mount HP on the wall like a of trophy.

The idea gained some currency with an Aug. 21 story in the New York Post (which, like this Web site, is owned by News Corp.) arguing that HP’s $11.7 billion bid for the British software firm Autonomy, having caused shareholders to knock $12 billion and change off HP’s market cap, would therefore make HP more attractive to Oracle.

The meme gained further currency with a Bloomberg News story saying that HP’s board was “concerned” that its weakened condition had left it vulnerable to Oracle. Continue reading

Tablet to Make HP and RIM Feel Better About Themselves

30 Sep

There have been some pretty bad attempts to take on the iPad over the past year, but things reached a new low last night.

On NBC’s “The Office,” the fictional Dunder Mifflin team was forced to sell a triangle-shaped tablet, dubbed the Pyramid. It’s heavy and has poor battery life and, well, it’s shaped like a triangle. It has enough flaws to make the TouchPad and PlayBook seem like home runs.

Of course, unlike the products from HP and RIM (and dozens of less-than-successful Android tablets), what the Pyramid has going for it is that it was never meant to be real. Continue reading

HP’s New CEO Takes $1 Annual Salary and Lots of Stock Options

30 Sep

Image representing Hewlett-Packard as depicted...

Image via CrunchBase

 

Along side the exit package for former CEO Léo Apotheker just announced, Hewlett-Packard also disclosed the compensation package for its new CEO, Meg Whitman. Here are the highlights:

  • A base salary of $1 per year. In doing so she’s following the example of another well-known CEO who just stepped down from his job: Former Apple CEO and now Chairman Steve Jobs.
  • An option to purchase 1.9 million shares of HP under its 2004 stock incentive plan. The exercise price would be equal to the market value of the share price on the grant date. The options will vest over eight years, but are considered fully vested only if HP’s share price rises by 40 percent or more. As of today that number of shares is worth $45.2 million. Continue reading

Yahoo’s Bartz Also Gets Fired From Fortune’s Powerful Women List, While HP’s Whitman Gets Hired

30 Sep

 

Today, Fortune magazine released its annual“50 Most Powerful Women in Business” and, as usual, it had its share of tech execs on the list.

And off it, too — first and foremost being ousted Yahoo CEO Carol Bartz, who was jacked completely from her 2010 No. 10 rank. She was No. 8 in 2009.

In her place: Newly designated Hewlett-Packard CEO and former eBay CEO Meg Whitman grabbed the No. 9 spot. Continue reading