People

Ellison gives up USD575 million payout to settle suit over Pillar buyout

Oracle Corp founder Larry Ellison agreed to give up 95% of his USD575 million payout from terms of a buyout agreement with Pillar Data Systems Inc in order to appease the software company's investors.


Womans claims voice of Apple's Siri is hers

A CNN interview revealed Susan Bennett as the voice behind intelligent personal secretary and navigator app Siri.

Chairman Fourtou to retire after Vivendi restructuring- newspaper

Vivendi Chairman Jean-Rene Fourtou told Le Monde, a newspaper, that he would be retiring after the company had split into two separate units.

Reclusive investor to score big with Twitter listing

A 47 year-old reclusive financier and private equity firm founder Suhail Rizvi would stand to gain from Twitter Inc's upcoming initial public offering.


Latest News

Co-founding chairman Bill Gates and CEO Steve Ballmer had sought for re-election in Microsoft's board of directors, said a Reuters report.
Oracle Corp Chief Executive Officer Larry Ellison had agreed to give up a possible payout. Larry Ellison, Oracle Corp's CEO, had agreed to give up potential payout valued approximately USD500 million.
The Chairman and CEO of Berkshire Hathaway Warren Buffett had called out the Republicans for their tactics that caused the current impasse.
Lavabit LLC founder Ladar Levison posted in Facebook his detailed account of how he had put up a fight with the US government in lieu of the company's to National Security Agency (NSA) whistleblower Edward Snowden.
In an interview fresh from its acquisition of Investors Capital Holdings Ltd, RCS Capital Corp Executive Chairman of the Board Nicholas Schorsch said his company would still be on the lookout for more potential buyouts.
BlueCrest Capital Management hired Marcel Kfoury after the resignation of Michael Platt, said a Reuters report.
Andy Halford, the Chief Financial Officer of Vodafone, would be leaving the firm by March next year.
In documentation filed with the Company Law Board, two PE funds seek the appointment of an administrator to oversee the forensic audit for the company.
Best-selling author Tom Clancy died Tuesday in Baltimore. Author Tom Clancy died on Tuesday in Baltimore. He was 66. Clancy was best known for his military novels like "The Hunt for Red October" and "The Sum of All Fears.
Westports Holdings Executive Chairman G. Gnanalingam became a billionaire with the port operator's initial public offering.