eBay CEO John Donahoe has 23 million reasons to stick around until the company splits in two next year. The San Jose-based e-commerce giant will spend more than $35 million to retain Donahoe and four other top executives until PayPal is spun off, according to an SEC filing.
The five execs will be out of a job once the split, which was ...
“Sometimes companies have to act their age.”
— Aswath Damodaran, professor at NYU’s Stern School of Business, on the nearly 21-year-old Yahoo. A New York Times Magazine story explores CEO Marissa Mayer’s efforts to restore the Silicon Valley company to its former glory. But Damodaran suggests Yahoo should be co ...
“This is a well-known bright line and I can’t believe they crossed it. Anyone who is familiar with the assets and capabilities of the United States would never do what they did.”
— Philip Lieberman, security expert with Lieberman Software, on the Sony Pictures hackers’ threats against potential moviegoers. The ...
In his latest philanthropic endeavor, Silicon Valley entrepreneur Sean Parker is giving $24 million of his own money to prop up an allergy research center at Stanford University.
Parker, best known perhaps as founding president of Facebook and founder of Napster, the file-sharing service and music piracy site that was shut d ...
One of the arguments employed by those against net neutrality and reclassification of broadband is that it would negatively affect investment in broadband networks. But for those keeping track at home, the number of broadband providers that say reclassification wouldn’t hurt investment is now at four. That’s Verizon, Comca ...
With our panoply of smart machines increasingly making decisions for us, Stanford University on Tuesday announced it is launching a century-long study to examine the societal implications of artificial intelligence.
The study will look into everything from the impact artificial intelligence will have on law and democracy to economics ...
"Only our company and a handful of others are poised to write the future. We're going to think big, we're going to bet big."
— Steve Ballmer, Microsoft CEO for the past 13 years, ebullient as ever while presiding Read More →
Oracle CEO Larry Ellison may have won cheers for his America Cup sailing-team's stunning victory Wednesday, but an investment group is seriously riled over the pay he gets from the Redwood City software giant.
In a letter Wednesday to Oracle board Read More →
As Congress considers reforms to U.S. surveillance programs, NSA Director Keith Alexander is asking the public for help in defending the spying.
"If you take those [surveillance powers] away, think about the last week and what will happen in the future," Read More →
"There's a generalized right of privacy that comes from penumbras and emanations, blah blah blah, garbage."
— Antonin Scalia, Supreme Court Justice, on a 1967 Supreme Court ruling that decided the Fourth Amendment right to unreasonable search and seizure Read More →
"Please watch out for each other and love and forgive everybody" — that's from Muppets creator Jim Henson's letter to his children, which he asked to be opened upon his death. From Jessie to Dana to Robin, Read More →
While there has been a lot of hand-wringing and worry about how to get more kids -- and more girls in particular -- interested in technology, engineering, science and math careers, the answer seemed easy enough on Cisco Systems' Read More →
Hertz has announced that it is adding a pretty new pony to its stable of upper-drawer rentals: the all-electric Tesla Model S sedan.
Tesla, whose stock hit an all-time high of $185.24 on Wednesday, will soon see its award-winning sedan Read More →
Tech and retail behemoth Amazon sells and offers just about anything one can think of, but many of its competitors are also big and are diversifying. Now it's offering what others haven't so far: offline video viewing for Prime Instant Read More →