Alex

Former HP exec Mark Hurd promoted to Oracle Co-CEO

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For those of you that are webos users from the early palm days to the HP acquisition will remember this guy, who got ousted and then replaced by Leo Apotheker, which caused the spiral down of webOS with HP. Leo canned the Touchpad and "fire saled" it out. Many speculate if Mark Hurd was the CEO, things would have been different with HP and webOS.

 

Larry Ellison is stepping down: http://www.engadget.com/2014/09/18/larry-ellison-safra-catz-mark-hurd-ceo-oracle/

 

 

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    • By Alex
      So HP has been angering investors and now had to hire Goldman Sachs to fend off any unwanted buyout attempts, especially from Oracle. But supposedly, Oracle can;t make any attempts until next year as part of a dela when they got Mark Hurd, former CEO of HP. Stock prices have dropped, and it's making a buyout appealing to some tech firms.