SAN FRANCISCO (AP) — Mark Hurd may get his $100 million payday after all. The former CEO of Hewlett-Packard Co. was negotiating a multiyear contract that size last year when an ethical scandal erupted and he resigned under pressure. The contract talks crumbled, but Hurd found a new home with his friend Larry Ellison at Oracle Corp.
SAN FRANCISCO (AP) -- When Jay Radcliffe revealed three weeks ago that he'd found serious security holes in a popular type of insulin pump that diabetics wear, he kept two important details secret: the pump maker'sname, and the specific technique he used to hack the device. The problems he found carry exceptional risks, such as being able to program a special remote control to command strangers' pumps to dispense the wrong dosage of insulin.
STOCKHOLM (AP) -- Swedish Automobile, the owner of struggling car maker Saab, says it has postponed the release of its earnings report for the first half of the year because it isn't finished. In Friday's brief two-line statement, the Dutch company says the report has been delayed by at least five days and is due now instead on Wednesday.
NEW YORK (AP) — As CEOs, Sam Walton, Bill Gates and Steve Jobs possessed common traits. They were tireless workers, demanding bosses and sticklers for detail. They were visionaries, too, who reshaped their respective industries. Their companies faced similar challenges when their iconic leaders left the helm.
SAN JOSE, Calif. (AP) — Cisco Systems Inc., one of the world's largest makers of computer networking gear, has acquired Versly, a privately held company that makes software allowing users to collaborate within Microsoft Office programs. Terms were not disclosed. Versly's software will be integrated into Cisco Quad, Cisco Jabber, Cisco WebEx and other offerings from Cisco.
There's no doubt about it, cybercrime is on the rise. But who is the biggest threat to cybersecurity right now? Time discusses cybersecurity, cybercrime, and more with the Center for New American Security in this video... If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
DETROIT (AP) — General Motors Co. and Korean battery maker LG Group said Thursday they will jointly design and engineer electric vehicles under a new agreement. LG already supplies lithium-ion batteries for the Chevrolet Volt and Opel Ampera, which are electric cars with small backup gas engines.
DETROIT (AP) — General Motors Co. says it is cutting pickup truck production next month in a sign that truck sales aren't as robust as the company had hoped. Spokesman Tom Wickham says GM cancelled five scheduled overtime shifts on Saturdays in September and October. He didn't know how many vehicles would be affected, but the Flint, Mich.
CUPERTINO, Calif. (AP) — Apple headquarters is still standing in this leafy Silicon Valley suburb even after Steve Jobs' industry-rattling announcement that he was resigning as chief executive of the company he co-founded in a garage more than three decades ago. That news comes as little surprise in the Valley, where few doubted Thursday that despite the loss of its legendary leader Apple would continue to succeed — at least for the next few years.
STOCKHOLM (AP) -- Ailing Swedish car maker Saab has delayed salary payments to its staff for the third month in a row as it continues to struggle to fund its operations. Saab spokeswoman Gunilla Gustavs said Thursday it is unclear when payroll is expected to run smoothly again, but it will be done "as soon as we have short-term funding solutions in place.
WASHINGTON (AP) — The U.S. economy grew at a meager 1 percent annual pace this spring, slower than previously estimated. The downward revision will likely increase fears that the economy is at risk of another recession. Fewer exports and weaker growth in business stockpiles led the Commerce Department to lower its estimate for the April-June quarter from its previous rate of 1.
SPRINGFIELD, Ohio (AP) -- Navistar International Corp. has taken back the last of a group of workers laid off from an Ohio truck plant nearly five years ago. Union president Jason Barlow says 20 members of his United Auto Workers local received recall letters on Friday and returned to work Monday at the plant in Springfield.
Measurement accuracy is a subjective concept applied to all kinds of measurements. Generally speaking, accuracy refers to the degree of closeness of the measurement to a true value. This definition is usually good enough, but not always. The subjective nature of accuracy allows for a wide variety of claims that may technically be true, but misleading at the same time.
Motorola Mobility will get folded into the hands of Google, the company that seemingly rules the world, were it not for Apple ruling the other half. Talk about a wake-up call. For those of us who were not in on the talks between Google and Motorola Mobility and didn’t see the train coming, the news was a little bit of a shocker.
What a run it was for Steve Jobs as the CEO of Apple. From founding the company in the late 1970s' to his unceremonious departure from the tech giant in 1985 to his dramatic return to the helm of Apple in 1997. Let's take a look at Jobs' incredible tenure with one of the world's most innovative and prominent companies.
A concept called Beneficial Residuals Management is a holistic approach to waste reduction that can help manufacturers derive income or provide cost avoidance by removing materials from their waste streams and selling or recycling those materials to other manufacturers that use them for entirely unrelated processes.
As they look for ways to update their existing material handling processes to meet the demands of corporate sustainability initiatives, many owners and managers of manufacturing facilities are realizing they already have taken that first step by using a fleet of propane-fueled forklifts. Owners and managers of manufacturing facilities are working hard to incorporate environmentally friendly practices into everyday operations.
TEMECULA, Calif. -- A new strategic partnership between Opto 22 and eSight Energy has allowed the two companies to integrate their respective offerings, and enabled Opto 22 to expand its portfolio of energy management software platforms that can communicate with and present energy data gathered by the OptoEMU Sensor.
Willow Garage is a company working diligently to create a personal robot people will use in their everyday lives. Some of the things it can do: play pool, bake cookies, make pancakes, and fetch a beer from the refrigerator. Do you think this $400,000 robot can be trained to conduct tasks in a business setting? If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
At a recent Q&A session, Google CEO Schmidt was asked what his biggest mistake has been thus far during his decade-long tenure at the helm for the tech giant. Schmidt's answer then, and in this CNN interview, relates to Facebook and the idea of a "web identity." If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.