Hewlett-Packard Sues Oracle in California Over Breach of Contract Claims

Hewlett-Packard Co. (HPQ) sued Oracle Corp. over claims that in a period of eight months Oracle went from partner to “bitter antagonist” and has breached its contract. The lawsuit, filed yesterday in state court in San Jose, California, cites Oracle’s hiring of Hewlett-Packard’s former Chief Executive Officer Mark Hurd last year and Oracle’s March announcement [...]

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Pandora Surges in First Day of Trading

Pandora Media Inc., the online-radio company, gained on its first day of trading as investors raced to benefit from the biggest surge in Internet share sales since the dot-com boom a decade ago. The Oakland, California-based company rose 8.9 percent in its debut on the New York Stock Exchange, under the symbol P. It sold 14.7 [...]

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AMD CEO Candidates Spurn Overtures to Lead Comeback at Chipmaker

Advanced Micro Devices Inc. (AMD) has approached at least four candidates to succeed ousted Chief Executive Officer Dirk Meyer and been rebuffed, slowing the chipmaker’s effort at a turnaround. Apple Inc. Chief Operating Officer Tim Cook, Oracle Corp. (ORCL) Co-President Mark Hurd, EMC Corp. Chief Operating Officer Pat Gelsinger and Carlyle Group Managing Director Greg Summe spurned approaches by [...]

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