Tag archive: Anderson

Apple has announced that Google CEO Eric Schmidt is resigning his position on Apple's Board of Directors, owing to potential conflicts of interest as Google and Apple begin to compete in a wider number of businesses. Although Apple is not horning in on Google's Internet search business, Google and Apple already butt heads on mobile phones (with the iPhone and Google Android), and Google's recently announced Chrome OS will… Read More

Although my measures still indicate MySpace is the largest social networking site in the United States, it's no secret that the service has been losing ground to FaceBook, which may still ag behind in the United States but has already surpassed MySpace worldwide in terms of its total usership, and is also experiencing faster growth. Now, MySpace's parent company News Corp. has announced that "by mutual agreement"… Read More

Joel Anderson, a San Diego Republican who’s a member of the California assembly, is a man with a mission. He wants to keep America safe by forcing companies to blur satellite images of schools, places of worship, government or medical buildings, as well as banning street images. He’s even tabled a bill to that effect, and if it passes, companies that fail to do so could face up to three years in prison and fines of up to… Read More

Remember a couple years ago when it seemed like every major technology company—and almost every major U.S. corporation—was fervently auditing its books looking for any financial irregularities that, under new federal legislation, could see their executives facing criminal charges and even jail time for mis-stated financial records? The investigations led to companies like Dell and Take-Two taking major financial hits as the… Read More

Despite the U.S. holidays, Apple has managed to eke out two important legal victories that remote a couple clouds from the company's future. First, the company has entered into a settlement with Burst.com over a long-running patent dispute concerning compressed media used in iTunes, Apple's iLife application suite, and the ever-popular iPod music player. Second, a judge has dismissed a a lawsuit against the company alleging Apple… Read More

Apple CEO Steve Jobs has reportedly been issued a subpoena by the U.S. Securities and Exchange Commission as its moves forward in its case against former Apple general counsel Nancy Heinen in the company's stock option backdating scandal. Heinen is currently being sued for allegedly backdating share grants of Apple stock, including a 7.5 million share-option grant to Steve Jobs in 2001. Apple's own investigation into the… Read More

Rumors that smartphone and PDA maker Palm might be up for sale have been swirling for months—and, unfortunately, were not eased by the company's high-profile but poorly-received announcement of its Palm Foleo palmtop device. Now the company has announced a major “strategic recapitalization” which will see Palm taking in $325 million from equity firm Elevation Partners in exchange for 25 percent in the company.… Read More

The Securities and Exchange Commission has charged two former Apple executives with fraud in relation to the company's backdating of stock options granted to top company officers—including CEO Steve Jobs. The complaint alleged that former Apple General Counsel Nancy Heinen participated in the fraudulent backdating of options, and that former Apple CFO Fred Anderson should have noticed the backdating, but failed to ensure… Read More

Digital entertainment products manufacturer Creative today unveiled several new portable speaker systems geared towards MP3 player and notebook users. The three new systems are all available now, with the TravelDock Zen Micro priced at $129.99, the TravelDock 900 priced at $79.99 and the TravelSound 400 priced at $69.99. The TravelDock Zen Micro, Creative said, is specifically designed for the company's Zen Micro and Zen MicroPhoto… Read More

“ The chip maker's Professional Business Platform will consist of a Pentium 4 processor but will also include features that simplify systems management, enhance security, and decrease power requirements, said Laura Anderson, an Intel spokeswoman. Systems based on the platform will be the first to incorporate Intel Active Management Technology that will help a company's computer administrators remotely monitor and protect… Read More

The evolution of digital downloads marks another milestone on November 23, 2004, with the debut of UMe Digital, the world's first all-digital download label from a major music company. UMe Digital product — individual songs, EPs, and full-length albums — will be distributed exclusively online. The releases on UMe Digital will be consistent with UMe's philosophy of marketing established acts and acts who already have… Read More

“We are working diligently to complete a sale of Musicland,” chief executive Brad Anderson said in a news release. Anderson said Connie Furhman, executive vice president of Musicland, was promoted to president of the subsidiary to lead it during the transition. The company said it expected to report on Musicland's status in June. Best Buy, based in Minneapolis, is a leading retailer of consumer electronics, computers,… Read More