Today in Tech: How much did Leo Apotheker walk away with?

September 30, 2011: 3:30 AM ET

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Ousted HP CEO Leo Apotheker will walk away with nearly $10 million.

* Thanks to an 8K HP (HPQ) filed, we now know ousted CEO Leo Apotheker walked away with almost $10 million in payouts and bonuses. Meanwhile, new company head Meg Whitman will earn $1 -- yes, $1 -- a year, joining former Apple CEO Steve Jobs and Google execs Larry Page, Eric Schmidt, and Larry Page, who also received negligible base salaries. (Reuters)

* TechCrunch founder Mike Arrington reflects on the one-year anniversary of the tech blog's acquisition by AOL (AOL). "Public executions of leaders tend to have a severe chilling effect on whoever takes over," he writes. "Arianna Huffington is, without a doubt, the current editor in chief of TechCrunch." (Uncrunched)

* Meanwhile, CrunchFund partner Pat Gallagher chats about the fund and how the recent AOL-TechCrunch kerfuffle affects future deal-flow. (Bloomberg TV via Fortune)

* Will Facebook's long-awaited iPad app and HTML5-based mobile app launch next week? (TechCrunch)

* Twitter's ad sales are expected to hit nearly $140 million this year, up 210% from 2010. And expect revenues to climb higher. According to eMarketer, the social network should rake in some $400 million come 2013. (eMarketer)

* A full video of Amazon CEO Jeff Bezos's Kindle keynote from earlier this week. (Geekwire)

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About This Author
JP Mangalindan
JP Mangalindan
Writer, Fortune

With a background in consumer products and pop culture trends, JP Mangalindan has brought his ability to spot the next big things to his coverage of the tech industry for Fortune.com, writing on topics as diverse as the evolution of net neutrality and the influence of social media. A graduate of Fordham University, Mangalindan has written for GQ, Popular Science, Entertainment Weekly, and nymag.com. He lives in San Francisco.

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