"corporate issues" news, interviews, and features

News about corporate issues

  • EMC stock rises on Oracle buyout rumor

    Speculation that <a href="http://www.networkworld.com/news/2010/100510-oracle-to-buy-sso-vendor.html?source=nww_rss">Oracle might buy EMC</a> pushed EMC's <a href="http://www.networkworld.com/news/2010/101310-emc-tackles-big-data-with.html">stock price</a> up about 5% on Thursday, even as several analysts called such an acquisition unlikely.

  • Microsoft chief’s pay climbs 6% to $1.35 million

    Microsoft CEO Steve Ballmer received compensation in fiscal 2010 valued at $1.35 million, according to documents filed Thursday with the U.S. Securities and Exchange Commission. His total package is up six per cent from 2009, when he received compensation valued at $1.28 million.

  • New Verizon COO oversaw three years of surging wireless growth

    Newly promoted Verizon COO Lowell McAdam had a short but productive tenure as head of Verizon's wireless business, which has added 25.5 million subscribers since 2007. Looking forward, Verizon is grooming McAdam to eventually take over as CEO when current Verizon CEO Ivan Seidenberg retires from the company.

  • Brocade's performance uneven of late

    Brocade's announcement of 100G Ethernet routers and modules comes at a time when the company has had uneven results in Ethernet and IP since acquiring Foundry Networks in 2008 for $2.6 billion.

  • Cisco CEO Chambers’ pay climbs 33% to $18.9 million

    Cisco CEO John Chambers received compensation valued at $18.9 million in fiscal 2010, according to documents filed Friday with the U.S. Securities and Exchange Commission. His total package is up 33% from 2009, when he received compensation valued at $14.2 million.