Hewlett-Packard’s chairman, Raymond Lane, has decided to step down from his position in order to “reduce any distraction from HP’s ongoing turnaround”. He, however, will continue to stay with the company and serve as a director. He made his decision based on a recent vote at the annual shareholders meeting held on March 20th. While
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Hewlett-Packard Co. Chairman Ray Lane is stepping down and two other board members are leaving in a shake-up spurred by disgruntled stockholders stung by the personal computer maker’s downfall.
First time accepted submitter gkndivebum writes “The latest casualty from the ill-fated acquisition of British company Autonomy by HP appears to be Raymond Lane, who was recently re-elected by only 58.8% of shareholders. Mr. Lane will remain on the board with shareholder Ralph Whitworth as interim chairman. It will be interesting to see where the ‘evolution’ of the board as articulated by Mr. Whitworth leads.”
Read more of this story at Slashdot.
Hewlett-Packard's Ray Lane is giving up his role as chairman amid ongoing shareholder disapproval of HP's troubled Autonomy acquisition.
Clogged wireless networks spur a plan to speed data to smartphones, for a price.
No matter how quickly you dispatch data over the Internet, the last link is increasingly a wireless link to a customer’s smartphone or tablet. Those links are slower and sometimes congested. These days, while the average desktop Web page loads in two to three seconds, the average mobile Web page takes about eight seconds—sometimes causing shoppers to abandon transactions.
Lane Becker has been a familiar figure in the Silicon Valley tech scene for years, as the co-founder of startups such as Adaptive Path and Get Satisfaction, and an advisor at early-stage venture capital firm Freestyle Capital.
Becker added “New York Times Bestselling Author” to his list of descriptors, when the book “Get Lucky: How to Put Planned Serendipity to Work for You and Your Business” which he wrote with his Get Satisfaction co-founder Thor Muller debuted at the number six spot on the NYT’s best seller list.
Citrus Lane, the Mountain View, California-based startup that provides a monthly subscription delivery service of new and useful products for families with infants and toddlers, has raised $ 5.1 million in a new round of venture capital funding from GGV Capital and previous investor Greylock Partners.
The round serves as Citrus Lane’s Series A, adding to the $ 1.5 million in seed funding the company raised in March 2011 from Greylock. The money will be used mainly for hiring to expand Citrus Lane’s full-time staff of 14 employees and building out its technology, co-founder and CEO Mauria Finley said in an interview this week.
The dawn of subscription commerce has spawned a number of startups in technology including BirchBox, Kiwi Crate, Babbaco and many others. Citrus Lane is one of the latest startups to tackle the model, which sends a box of kiddie goodies to members each month. The startup is focused on parents as the client, and aims to help moms and dads discover interesting and ‘Best Of’ products for those expecting babies, as well as for newborns to three-year-olds.
Each month, Citrus Lane will send parents a box filled with user-tested and vetted toys and products for babies and toddlers. Each month has a theme. So for example, March’s theme for the baby box was “Dining Out With Baby,” and included snack cases, a sippy cup, apple crisps and baby food. The startup prides itself on delivering organic and natural products.
Video calling or movie apps could receive extra bandwidth—for a price, of course.
Wireless provider Verizon has developed technology that would allow mobile apps to request extra bandwidth for short periods—to fix a choppy video call if a local cell tower is experiencing high demand, for example, or to ensure that a video plays smoothly.
It ain’t the first automaker to do so, but Ford’s taking a step in the ‘stay in your own lane!’ direction with a new technology package for the Explorer. The Driver Alert System is slated to launch in early 2012, and it’ll tout new lane keeping technologies, including a system that can help detect drowsy drivers. The goal here is to keep sleepyheads from destroying lives — be it their own or others — by suggesting that they pull over, rest and have a sip of coffee if they’ve been cruising along for an extended period of time. Furthermore, a camera setup will monitor one’s lane position, and if they drift too far away from the straight and narrow, their steering wheel will vibrate. It all sounds good and well, but the fact that a AAA survey found that over 40 percent of Americans have “fallen asleep or nodded off while driving” makes ‘staying at home’ seem like the sensible choice.
Flash sales giant Gilt Groupe has been steadily expanding its flash sales platform into a full-fledged e-commerce and curated content platform that reaches all major retail verticals including fashion, food, men’s clothing, and now the home. Today, Gilt is launching a brand new destination for home accessories and furniture, called Gilt Home.
While Gilt has been offering home goods via its flash sales site, this new platform includes a completely revamped site that adds editorial content and boutiques curated by renowned interior designers. In addition, the site offers four ways to shop: daily flash sales, “shoppable” editorial features, curated collections by top designers, and luxury collections.