Convergys elects EMC executive Richard R. Devenuti to boardAugust 25th, 2009 Convergys elects Richard R. Devenuti to boardCINCINNATI — Convergys Corp., an outsourcing services firm, said Tuesday that it elected Richard R.
Andreessen Horowitz fund makes first investment in startup already tied to partnersAugust 18th, 2009 Andreessen fund's 1st investment has familiar ringBELLEVUE, Wash. — A new fund managed by Web browser pioneer Marc Andreessen and his longtime confidant Ben Horowitz is treading familiar ground with its first investment — a high-tech startup already tied to the two partners.
Web star Andreessen bets his golden touch as entrepreneur will pay off as a venture capitalistJuly 6th, 2009 Andreessen making leap from entrepreneur to VCSAN FRANCISCO — Having built and sold two technology startups for a combined $11.7 billion, Marc Andreessen is ready to take a stab at, well, finding the next Marc Andreessen. The co-founder of Web browsing pioneer Netscape Communications Corp.
EBay to sell majority of telecom service Skype for $2B, partly reversing puzzling 2005 dealSeptember 1st, 2009 EBay partially undoes Skype deal, selling majoritySAN FRANCISCO — Rather than enduring the uncertainty of spinning off the Skype telecommunications service through a public stock offering, eBay Inc. has found a different way out: It is selling the majority of Skype for about $2 billion to a group of private investors.
Company owned by Skype founders files copyright lawsuit that could throw wrench in Skype saleSeptember 16th, 2009 Skype founders file lawsuit against eBaySAN FRANCISCO — A company owned by the founders of Skype has filed a copyright infringement suit against the Internet phone service and parent eBay Inc. — an action that could crimp eBay's plans to sell Skype for about $2 billion to a group of private investors.
EBay to sell stake in Skype for $2B, reverses puzzling 2005 acquisition of telecom serviceSeptember 1st, 2009 EBay to sell part of telecom service Skype for $2BNEW YORK — EBay Inc. is trading control of the online telecommunications service Skype for about $2 billion, reversing a 2005 acquisition that many analysts considered a head scratcher from the beginning.
Tech Mahindra Wins Bid for Satyam ComputerApril 13th, 2009 MUMBAI - Tech Mahindra, the IT arm of auto major Mahindra and Mahindra, Monday won the bid for India's fourth largest software exporter Satyam Computer. Satyam's new board of directors, which met here to select the highest bidder, chose Tech Mahindra following its bid of Rs.1,757 crore ($351.4 million) for 31 percent stake in the scam-tainted IT giant.
No Satyam Board meeting Saturday: MinisterJanuary 8th, 2009 NEW DELHI - The beleagured IT firm Satyam Computer cannot hold its board meeting Saturday as scheduled earlier, Minister for Company Affairs Prem Chand Gupta said here Friday. 'The government is restraining all current directors from the board.
Government supersedes Satyam board, sacks remaining directorsJanuary 8th, 2009 HYDERABAD/NEW DELHI - The government Friday evening superseded the Satyam board and dismissed three remaining directors, including two independent ones, of the tainted IT major. The government has cancelled a Satyam board meeting scheduled for Saturday in Hyderabad.
Satyam's new board starts meetingJanuary 11th, 2009 HYDERABAD - The three-member board appointed by the central government to bring back financial order to the fraud-hit Satyam Computer Services began its meeting here Monday. A Satyam spokesperson said the meeting began at the company's headquarters in Hitec City at 11 a.m.
Government announces three-member board for SatyamJanuary 10th, 2009 NEW DELHI - The government Sunday named a three-member board, including former Nasscom chief Kiran Karnic and Deepak Parikh, chairman of HDFC, to oversee the functioning of scam-tainted Satyam Computers. Minister of Corporate Affairs Premchand Gupta told reporters here that the board, whose third member will be C.
Satyam's new owner likely to be known MondayApril 12th, 2009 BANGALORE - India's fourth largest software exporter Satyam Computer will get a new buyer Monday, a little over three months after its founder B. Ramalinga Raju shocked India Inc by admitting massive financial fraud of Rs.7,800 crore (Rs.78 billion).
Key milestones in the development and growth of the InternetAugust 30th, 2009 Key milestones in the development of InternetKey milestones in the development and growth of the Internet:
1969: On Sept. 2, two computers at University of California, Los Angeles, exchange meaningless data in first test of Arpanet, an experimental military network.
Unify names Tim Bacci, founder of shareholder BlueLine Partners, to board of directorsAugust 20th, 2009 Unify names shareholder representative to boardROSEVILLE, Calif. — Unify Corp., a provider of data management and e-mail archiving software, said Thursday it named Tim Bacci to its board of directors.
Open Source "Wannabes" and "Girly Men" Who "Doesn't Create JACK" Buys JBoss, Open Source J2EE VendorApril 10th, 2006 I found this hilarious blog entry (in present context) by Marc Fleury, CEO JBoss, against RedHat via Blogging Roller site. He adorns RedHat with some choice epithets which I am sure he wouldn't like to be reminded in present context.
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