VMware replaces CEO, shares plummet
In a surprise move, virtualization giant VMware has replaced CEO and co-founder Diane Greene with Paul Maritz, sending the company's shares plummeting about 25 percent to roughly US$39 in afternoon trading.
Greenwash fails to convince IT buyers
Excessive hype, over-pricing and a lack of budgetary responsibility for energy bills are all hitting green IT sales, according to a survey on the topic.
Microsoft says it would deal with new Yahoo board
In a statement Monday, Microsoft confirmed that it would be interested in resuming talks with Yahoo with a new board of directors, both to buy the search business or the entire company.
Wall Street Beat: IT slumps in first half
Economic worries and a disastrous June are battering shares of high-fliers including Apple, Google and Amazon, underscoring concerns about tech-sector growth.
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