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 shutter or sell them all -- the outlook for its recent spending spree for TI's cable mobile division, McAfee (MFE) and Infineon's (IFNNF) Wireless Solutions looks iffy. (TechCrunch)
- HP (HPQ) is reportedly looking internally for its new CEO. Among the potential candidates: Todd Bradley, Executive VP of HP's $28 billion Personal Systems Group, Ann Livermore, Executive VP of Enterprise Business, and Dave Donatelli, Executive VP of Enterprise Servers, Storage and Networking. (Wall Street Journal)
- Verizon Communications (VZ) intends to make Verizon Wireless chief executive Lowell McAdam its president and COO, which would make him next in line for company CEO. (Reuters) More
Posted in: Intel
, cloud computing
, Todd Bradley
, mobile payments
, James Cameron
, ann livermore
, Dave Donatelli
, X Prize