NewsWatch: IBM Balks At Sun Exec Compensation And Walks
Monday 8am Silicon Valley news report:
- I.B.M. Withdraws $7 Billion Offer for Sun Microsystems - NYTimes
I.B.M. scrutinized the “change of control” contracts with Sun executives, senior engineers and managers. I.B.M. felt that the payments to senior employees were higher and extended more broadly across the company than it had anticipated.
Mark my words, Schwartz is toast, IBM deal or no deal. If the IBM deal fails completely (most likely outcome), look for Scott McNealy to pull a Michael Dell...
- Micro-Billing Suits the Phone Companies Just Fine
“The telcos have been very careful not to give stuff away.” By contrast, he said, “a lot of people on the Internet are wondering — why did we let all this stuff go for free?”
- Nearly 400 stolen laptops surface on Craigslist
Orange County authorities arrested three people Saturday and recovered about 400 stolen laptop computers after tracking down a classified ad for the machines on Craigslist.
- What is (Twitter's) Biz Stone doing?
Biz Stone likes to think small. "Creativity," he says, "comes from constraint."
- A's in San Jose?: Why Silicon Valley is still S.F. Giants' territory
the team's list of investors is a who's-who of Silicon Valley players, starting with managing partner Bill Neukom, Microsoft's former top attorney. Among the names are John Sculley, the former Apple CEO; Jeffrey Mallett, former president and chief operating officer of Yahoo; famed venture capitalist Arthur Rock; Daniel Scheinman, a senior vice president at Cisco Systems; and Paul Wythes, who founded Sutter Hill Ventures.
- The Mercury News Interview: Symantec CEO Enrique Salem
I've been saying to people, "Stop buying storage. Buy no more hardware. Our software can help you make better use of what you have." They can save a ton of money...
- Twitter Rumor Causes Journalist Catfight
When the news itself fails to provide personalities, tension, drama and conflict, journalists are stepping up to the plate.
- Will the iPhone 3.0 Fuel a Second Gold Rush?
...developers will be able to sell subscriptions and allow users to make individual purchases from within the application itself.
- It’s Not Just Microsoft That’s Balking at Google’s Book Plans
There’s no question that Microsoft has made it a mission to cause trouble for Google in Washington.
Google uncloaks once-secret server
...revealed for the first time that since 2005, its data centers have been composed of standard shipping containers--each with 1,160 servers...