Technology, Ceo | featured news

News Corp. isn’t ready to pull the plug on MySpace just yet, but it is prepared to cut the cord. CEO Mike Jones told employees yesterday that the media conglomerate is “exploring strategic options” for the past-its-prime social network. That could mean a sale, a merger (Yahoo could be a candidate) or a spinoff. The last scenario is the most likely, reports The Wall Street Journal.

Facebook CEO Mark Zuckerberg toured the offices of China's top search engine Monday during a visit that has sparked speculation the social networking magnate is looking for business opportunities in the world's largest Internet market.

Facebook founder and CEO Mark Zuckerberg has been named Time magazine's "Person of the Year" for 2010.

But the Yahoo CEO's feisty personality was on display at the tech confab Tuesday.

Microsoft Chief Executive Steve Ballmer sold $1.34 billion of Microsoft shares in recent days, his first share sales in the company since 2003.

Evan Williams may embody a classic Silicon Valley type: the entrepreneur with good ideas for a start-up, but not the leader to execute a sophisticated business strategy.

Hewlett-Packard Co.'s board upset many investors when it forced out Mark Hurd as CEO nearly two months ago. Now, those directors appear to have baffled Wall Street with its selection of HP's new leader - Leo Apotheker, who lost his job running German business software maker SAP earlier this year after he didn't live up to expectations.

Buried in a story on Best Buy's retail strategy, CEO Brian Dunn mentioned a startling fact: Internal estimates showed that the iPad had cannibalized sales from laptop PCs by as much as 50%.

Hewlett-Packard is filing a lawsuit against former CEO Mark Hurd to prevent him from joining rival Oracle.

Lauded for making Hewlett-Packard Co. the world's biggest technology company, CEO Mark Hurd was in talks for a new contract worth about $100 million, according to a person familiar with the negotiations.