HP Boardroom Makeover OKd; New Fight With Oracle
Hewlett-Packard Co. has won investors' approval for its deep boardroom makeover in the wake of the company's CEO scandal.
Watch CBS News
Hewlett-Packard Co. has won investors' approval for its deep boardroom makeover in the wake of the company's CEO scandal.
Russell Coutts and Larry Ellison are certain they made the right decision to have the next America's Cup sailed in fast 72-foot catamarans.
The trimaran that won America's Cup last year has arrived in San Francisco.
Lt. Gov. Gavin Newsom will publicize the America's Cup and help with fundraising for the yacht race as its ambassador at large, race officials said Wednesday.
Larry Ellison told the San Jose Mercury News that he put in a $350 million bid to buy the New Orleans Hornets, but was rebuffed and outbid by the league.
Members of the America's Cup Event Authority joined city leaders and billionaire software mogul Larry Ellison at City Hall on Wednesday to celebrate the Dec. 31 announcement that San Francisco will host the high-profile regatta in 2013.
The celebration has only just begun following Friday's announcement that San Francisco has landed the 2013 America's Cup yachting competition.
San Francisco has won the bidding to host the America's Cup in 2013.
Rhode Island's top economic development official says the state won't be ready to commit to the America's Cup until after a Dec. 31 deadline set by the team selecting the host city, potentially aiding San Francisco's chances of landing the race.
Oracle CEO Larry Ellison said he was deeply worried about bleeding customers because of what seemed like a masterstroke of an acquisition by archenemy SAP in 2005.
San Francisco has offered a formal bid to host the next America's Cup at a meeting of the city's Board of Supervisors.
Hewlett-Packard Co.'s settlement with ousted CEO Mark Hurd clears the way for him to lead Oracle Corp. in its push to take business from his former employer.