With the economy in the crapper, a lot of folks are buckling down, tightening their belts and saving money any way possible. Not HP. No, we’re not talking about the company’s $10.3 billion acquisition of Autonomy; we're talking about the cash HP’s shelled out in severance packages to ousted revolving-door CEOs the past few years. One website counted up the dollars and cents and came up with an astonishing figure: those golden parachutes cost HP around $80 million.
Facebook on Thursday announced that Reed Hastings, chairman and chief executive officer of Netflix, has joined the world's most popular networking site's board of directors. Like a full-on double complete rainbow, this move has people wondering what it could mean, minus the viral video and happy tears.
Henry Chow spent more than 40 years at IBM in various positions, including more than a decade as General Manager of IBM's Greater China Group where he was responsible for overseeing IBM's operations in China, Hong Kong, and Taiwan. Now the 65-year-old former GM will spend time on AMD's Board of Directors, the chip maker announced this week.