Hedge fund manager Daniel Loeb has acquired a 5.1 percent stake in Yahoo and demanded the resignation of Chairman Roy Bostock and a complete shakeup.
Verizon consumers are in for a surprise as BlackBerry Torch 9850 will be launched today officially on Verizon network. RIM’s new phone will go head on with Motorola Droid Bionic 4G LTE, an all-powerful smartphone going on sale today as well.
Carol Bartz, who was fired as Yahoo! Inc.’s chief executive officer, is rumored to receive a payout in the range of $10 million after less than three years on the job.
There are few surer ways for an executive to lose a good reputation than to be CEO of Yahoo Inc. Just ask Carol Bartz or Terry Semel.
Next week a high-ranking Microsoft Corp executive will stand on stage and show off a new version of Windows on a tablet computer.
DigiNotar's blunder has already caused it to be black-listed by Microsoft, Google and Mozilla.
Since Bartz succeeded Jerry Yang in January 2009, the shares have essentially gone nowhere.
Facebook's revenue doubled to $1.6 billion in 2011's first half, a source with knowledge of its financials told Reuters, underscoring its appeal to advertisers while it grapples with intensifying competition from the likes of Google Inc.
Facebook's revenue doubled to $1.6 billion in 2011's first half, a source with knowledge of its financials told Reuters, underscoring its appeal to advertisers while it grapples with intensifying competition from the likes of Google Inc.
Facebook's revenue doubled to $1.6 billion in 2011's first half, a source with knowledge of its financials told Reuters, underscoring its appeal to advertisers while it grapples with intensifying competition from the likes of Google Inc.
Yahoo shares opened up 7 percent Wednesday following the ouster of CEO Carol Bartz, perhaps on speculation the rudderless Internet search engine might be a target.
By firing Carol Bartz, perhaps the best-known woman in Silicon Valley, Yahoo now has a new thing to search for: a new CEO, or perhaps in Yahoo lingo, a new Chief Yahoo.
Internet firm Yahoo! (NASDAQ:YHOO) said its board has removed Carol Bartz as Chief Executive Officer, replacing her with Chief Financial Officer Timothy Morse on an interim basis. Jefferies said the departure of Bartz opens door for Yahoo! to strategic alternatives.
The Dutch government is widening its investigation into an Internet security breach in an effort to learn whether the private data of Dutch citizens, many of whom file income tax returns online, had been compromised.
The hacker who stole more than 500 SSL certificates from a Dutch certificate authority and compromised Facebook, Google and Skype, as well as MI6 and CIA Web sites, has claimed another attack on the Dutch.
Carol Bartz, CEO of Yahoo, was fired Tuesday, over the phone, just 33 months after she was appointed to head the struggling Internet company.
Sony hires a new security chief in the wake of the PSN hacking scandal.
Ontario-based Jaguar Financial has bought into RIMM and wants a shake-up. CEO Victor Alboini told IBTimes the current management is putting all its eggs in one basket and is not meeting the competition from Apple and others.
The number of fraudulent security certificates issued by a hacked Dutch firm has increased to 531. The main objective of the attack appears to have been to spy on Iranian dissidents.
Hackers who attacked the Dutch firm, DigiNotar, used advanced tools for their intrusion and have been active for a long period of time, according to preliminary investigation by the Dutch IT firm, Fox-IT.
Dell Inc said on Tuesday it will partner China's top search engine Baidu Inc to develop tablet computers and mobile handsets.
AT&T was expected to soon present a two-track plan that allows the company to try to find a settlement before the government lawsuit to block its planned $39 billion acquisition of smaller rival T-Mobile USA reaches the court. Details of AT&T’s proposed settlement were not available, but it is expected to include pledges to maintain T-Mobile’s relatively cheap mobile subscription plans, and asset sales.