Sep
30
2008
Ah, the memories. Bill Gates, known for so many years to be (by far) the wealthiest person in the world, now has to settle for second place, because a Mexican tycoon came in first (and not by a small margin; Carlos Slim Helú beats him by over $8 billion).
Is this a sign that IT is [...]
- Tags: BEA, billionaire, chairman, company, competition, control, director, doesn, dollar, drop, Estate, industry, kind, law, list, lot, market, May, Microsoft, mid, mil, mobile, money, month, New, News, Oracle, phone, position, quarter, Real, share, stock, strategy, Sun, take, Time, Web, year, yesterday
Sep
17
2008
The internet company Yahoo has postponed its annual meeting as its board struggles to escape a shareholder uprising led by the billionaire corporate raider Carl Icahn.
The potentially rowdy gathering in California was due to be held on July 3 but Yahoo has put it off to an unspecified date “expected to be around the end [...]
- Tags: activist, attempt, billionaire, board, California, Carl Icahn, Clara, company, date, delay, discontent, end, failure, gathering, Guardian, Internet, July, kind, law, meeting, Mercury, Microsoft, News, professor, raider, rebel, rest, Santa, shareholder, Silicon Valley, slate, Stephen Diamond, support, takeover, Time, transaction, University, unseat, uprising, veteran, Wall Street, Yahoo
Sep
17
2008
Billionaire investor Carl Icahn said Barack Obama would be a “terrible” U.S. president whose election would bring higher interest rates and a loss of international confidence in the dollar. “I don’t normally get involved in politics, but this time I am,” Icahn told an investors conference in New York last night. “I don’t think Obama [...]
- Tags: Barack, billionaire, Blooomberg, Carl Icahn, conference, confidence, country, dollar, election, interest, investor, loss, NEW YORK, night, Obama, president, spending, spree, Terrible, Time, U.S.
Sep
17
2008
Business software maker Oracle Corp agreed Wednesday to buy BEA Systems Inc. for about $7.85 billion, a compromise price that ends a months-long dispute over the value of the company that pioneered Web services software.The deal gives Oracle CEO Larry Ellison another trophy in his growing collection of acquisitions. This time, the addition is expected [...]
- Tags: addition, BEA, bid, billionaire, board, Business, Carl Icahn, CEO Larry Ellison, closing, collection, company, compromise, Corp, deal, dispute, Inc, interact, investor, Jose-based, maker, middleware, Nov, October, offer, Oracle, overture, percent, position, premium, price, rest, sale, San Jose, September, share, shareholder, software, Time, Times, trophy, Tuesday, value, Web, Wednesday
Sep
17
2008
Motorola’s Ed Zander just bought himself a reprieve. The wireless technology company turned in stronger than expected third quarter results, pushing the company’s stock up 6% in midday trading on Thursday and quieting the chief executive’s many critics, at least for now.
Motorola (MOT) said Thursday its profit plunged 94% in the third quarter, as sales [...]
- Tags: billionaire, board, Business, Carl Icahn, cell, company, cost, cutting, Ed Zander, executive, income, loss, midday, MOT, Motorola, phone, profit, quarter, report, reprieve, rest, seat, share, stock, technology, Thursday, Time, trading, turnaround, week, Zander, Zander Buys
Jul
13
2008
Bill Gates ends his full-time job at Microsoft on a Friday afternoon and the company opens for business after the weekend as if nothing has changed.
At least, that is how Gates’ successors want to play it.
The ‘transition’, as it is called inside the company, was announced two years ago.
On the face of it, the only [...]
- Tags: beat, bill gates, chief executive, chief software architect, company, difference, executive chairman, face, failure, fine, founder, Friday, friday afternoon, Full, full time job, June, Leaves, long time, Microsoft, microsoft business, mix, move, new leaders, news articles, none, nothing, Ozzie, Ray, ray ozzie, rest, result, role, single point, software, spending, steve ballmer, Time, time partner, transition, tributes, Webhostdirectory, week, weekend
Jul
13
2008
For the 10th time, Bill Gates will inaugurate the International Consumer Electronics Show in Las Vegas by touting new Microsoft Corp. products and describing his view of the future of computing. Before you rush to the edge of your seat Sunday, consider this: Gates is a mediocre prognosticator.
In fairness, as the old joke goes, predictions [...]
- Tags: bet, bill gates, ces, company, consumer, Corp, Don, drawing power, edge, Electronics, entity, Examiner, execution problems, extravaganza, fairness, guy, horizon, inaugurate, industry, International, international consumer electronics, international consumer electronics show in las vegas, keynote, Las Vegas, Microsoft, old joke, organizers, personal computing, premier, prognosticator, research, research and development, rest, Scouting, seat, Show, Sunday, technology, thing, Time, top billing, view, year
Jul
11
2008
Indian cricket has taken the first big step towards the wholesale privatisation of the game in the model of English football or American baseball with the sale of eight new team franchises to several of the nation’s biggest tycoons.
India’s cricket authority sold eight teams for its new Twenty20 competition to leading figures such as billionaire [...]
- Tags: a960, Ambani, american baseball, billionaire, board, bollywood, broadcast, broadcast rights, cable, cable television channels, competition, control, country, English, english football, enormous sum, everything, Financial, financial times, game, honorary secretary, India, indian cricket, Khan, league, model, money spinner, Mukesh, Naranjan, number, popular sport, private sector, privatisation, rest, sale, sell-off, Shah, Shah Rukh, shah rukh khan, soft drinks, step, subcontinent, superstar, team, television, Time, Times, total, Tycoons
Jul
11
2008
A feud between India’s Ambani brothers has resurfaced, this time over plans by the younger brother, Anil, to hold what will be India’s largest initial public offering, the Rs120bn ($3bn) listing of Reliance Power. Anil Ambani’s reliance Energy is understood to have sent a letter to India’s stock market regulator complaining that his older brother [...]
- Tags: Ambani, Anil, approval, blogger, Business, campaign, company, control, death, Dhirubhai, Energy, family, father, feud, governance, India, IPO, letter, listing, mother, offering, Power, regulator, Reliance, responsibility, rest, shareholder, smear, stock, Time
Jul
10
2008
India’s billionaire Ambani brothers are battling again — this time over a blockbuster deal being negotiated by the younger sibling Anil to create an emerging-market telecoms behemoth.
The long-simmering feud flared anew last week when older brother Mukesh Ambani, head of Reliance Industries Ltd, India’s biggest private firm, told South African telecom giant MTN he had [...]
- Tags: african telecom, ambani brothers, Anil, billionaire, blockbuster, blockbuster deal, brother, Communications, emerging market, first right of refusal, head, India, Ltd, MTN, Mukesh, private firm, Reliance, reliance industries, reliance industries ltd, rest, right of refusal, row, sibling, slug, telecom giant, Time, TodayOnline
