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* HP announced a pretty major executive shake-up yesterday which resulted in Peter Bocian, chief administrative officer, and CIO Randy Mott's immediate departure, and Ann Livermore, executive vice president of HP's Enterprise Business, stepping down to join the board of directors. Meanwhile, EVPs Dave Donatelli, Bill Veghte, and Jan Zadak are all getting promoted and will report directly to CEO Leo Apotheker. (All Things D)
* As the media hype up news of a potential $100 billion Facebook initial public offering (IPO), colleague Dan Primack argues that we should hold off on all the valuation chatter given that the IPO won't be filed until October or November. (Fortune)
* Samsung is on track to become the world's largest smartphone manufacturer this quarter, effectively ending Nokia's 15-year streak; next year, Apple will surpass the Finnish handset maker, too, pushing it to third place. (Reuters)
* How politicians get burned by modern media. (New York Times)
* Instagram's userbase passed the 5 million mark, a significant achievement considering the photo-sharing service launched just 8 months ago. (TechCrunch)
* VMWare is reportedly set to acquire Israeli Software as a Service (Saas) company Digital Fuel for $85 million. Current investors of Digital Fuel include Benchmark Capital, Israel Seed Partners, and Apax Partners. (Globes)
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Leo Apotheker is barnstorming the world as he embarks on fixing the culture and focus of the huge technology company. One to-do stands out above all the rest.
Here's what new Hewlett-Packard CEO Leo Apotheker's to-do list might look like:
Move to Palo Alto
Increase investment in research and development
Build a "strong and viable" software business
The first two tasks should be easy enough to cross off the list. MOREMichal Lev-Ram, writer - Nov 29, 2010 2:45 PM ET
A round-up of the companies, deals, and trends that made headlines.
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the weekend's most newsworthy bits below.Given Intel's (INTC) mergers and acquisitions track record -- it spent $11 billion-plus for some 40 companies between 1999 and 2003 only to MORE JP Mangalindan, Writer - Sep 20, 2010 8:09 AM ET
Oracle's hiring of ousted HP CEO Mark Hurd sends two signals: Larry Ellison doesn't plan on calming his executive suite -- and IBM is even more in his sights.
On paper, everything is right about Mark Hurd becoming co-president of Oracle (ORCL). He is the operational yin to CEO Larry Ellison's innovative yang. Once the innovators of Silicon Valley looked down on the business people who knew how to make budgets, MOREAdam Lashinsky, Sr. Editor at Large - Sep 7, 2010 12:52 AM ET
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