SiliconBeat

Altigen Communications, the Fremont provider of Internet phone systems that had scheduled a special shareholders meeting for Tuesday to seek approval of a new equity incentive plan and employee stock purchase program, postponed the meeting late Friday in order “to provide adequate time for AltiGen to present additional information to its stockholders in light of certain recent public comments made by one of the company’s existing stockholders,” according to a press release the company put out.

The “existing shareholder” making the public comments would be Read the rest of this entry »

Could it be that Yahoo is finding it harder to hire a new chief financial officer than it expected. Its current CFO, Blake Jorgensen (pictured) is still leaving, as the company announced Feb. 26 when he became one of the first casualties of the house cleaning done by the Internet company’s new chief executive Carol Bartz. Read the rest of this entry »

For the third time this year, Cardica, the Redwood City medical device maker, is cutting its staff as it tries to conserve cash. On May 21, the company said it would eliminate 15 positions, or 26 percent of its staff. In January the company cut 13 positions, or 13 percent of its staff, and in April it let go of 22 more employees, which represented 27 percent of its then-current staff.

Most of the positions being eliminated in the latest round are in Read the rest of this entry »

Well, at least he’s dating! Check it out: Read the rest of this entry »

Sandy Jones-Kaminski replied to my recent post about the nuts and bolts of Twitter, an increasingly popular - though at times bedeviling - social-networking tool for job-seekers. She has some cool ideas on the subject: Read the rest of this entry »

Can it get any more frustrating than this: being “laid off” from a non-paid volunteer gig at the San Jose airport? Read on: Read the rest of this entry »

SumTotal Systems, the object of competing private equity firm’s affections, said today in a filing that it had received yet another counter offer from Vista Equity, although it did not disclose the price.

Vista originally sought to buy the company in early April for Read the rest of this entry »

NetApp, the Sunnyvale network storage company that reported its second straight quarterly sales drop Wednesday and its first net loss since 2002, is set to buy itself some growth with the announcement that it has reached a deal to acquire Data Domain, a Santa Clara maker of data-duplication storage appliances used for backing up, archiving and disaster recovery of data.

The deal, which involves an as-yet unspecified combination of cash and stock, reportedly values Data Domain at Read the rest of this entry »

As we just reported here, Intel’s latest corporate responsibility report doesn’t mention the $1.45 billion fine the European Commission imposed upon the company last week. And analysts covering the company apparently don’t seem too interested in mentioning it in their reports, either.

In the week since the fine was issued, none of the Intel analysts whose notes  we regularly monitor had a word about the fine or its implications for the Santa Clara computer chip giant.

That may seem curious, especially since Intel just hosted a two-day informational session for the analysts, beginning on the day the fine was announced. However, analysts we’ve interviewed about the fine see it as having little immediate impact on Intel.

After all, the company has nearly $8 billion in cash and short-term investments. Moreover, it will be appealing the ruling and the matter could drag on in the European courts for another couple of years.

Santa Clara chip-maker Intel today unveiled its annual “corporate responsibility report” today, an 108-page compendium that CEO Paul Otellini says in the forward shows “our commitment to corporate responsibility is unwavering.”

Among other highlights, the report notes that Intel has committed $120 million to improve math and science education over the next decade, while also investing more than $23 million in energy efficiency and conservation projects since 2001. It also says its employees volunteered more than 1.3 million hours to various causes around the world in 2008.

Nowhere does it say anything about the $1.45 billion fine the European Commission slapped it with last week for allegedly engaging in anti-competitive practices.

However, the report does contain a paragraph on “antitrust issues,” which says the company  “is engaged in a series of private litigations and regulatory investigations prompted by complaints from its primary competitor.”

While not mentioning the name of the competitor - Advanced Micro Devices of Sunnyvale - the report notes that “our conduct has always been lawful, pro-competitive and beneficial to consumers.”

Intel plans to appeal the fine.