Marc Andreessen is now a Hewlett Packard board member

Marc Andreessen is now a Hewlett Packard board member
HP has announced the appointment of Marc Andreessen to their board.
HP’s chairman and CEO Mark Hurd said in a statement that Andreessen is a “software pioneer whose leadership has helped shape the Internet. Marc’s entrepreneurial background and industry expertise will be a welcome addition to the HP [...]

HP cuts pay to avoid job cuts

HP cuts pay to avoid job cuts
US based tech giant Hewlett Packard has apparently applied a pay cut across the company.
This step was taken to avoid potential job cuts as the company too is feeling the pinch of the weakening economy.
Inside sources say that the company CEO Mark Hurd said in an internal memo that [...]

Ron Rittenmeyer to leave EDS by the end of the year

Ron Rittenmeyer to leave EDS by the end of the year
HP has revealed that Ron Rittenmeyer who is the CEO of EDS would leave the company at the end of the year.
HP recently acquired the company for $12.6 billion.
The company added that they would now integrated EDS in their technology solutions group.
HP [...]

Larry Ellison top paid executive last year

Larry Ellison top paid executive last year
Forbes has come out with their list of the top executive salaries and Oracle boss Larry Ellison has topped the last year’s list.
His total compensation for the year 2007 was around $192.9 million.
Nabeel Gareeb of MEMC Electronic Materials was the second name in the list. Other names in the [...]

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