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White House to host innovation talk with tech CEOs
The White House is set to host a roundtable discussion next week that will include a number of tech CEOs, the Wall Street Journal reports. A White House email says those attending will discuss "bold, transformational ideas" that "can help ensure US leadership in industries of the future," and they'll do so December 6th. Among those reportedly participating are Microsoft CEO Satya Nadella, Google CEO Sundar Pichai, Oracle co-CEO Safra Catz, Qualcomm CEO Steve Mollenkopf, Blackstone Group CEO Steve Schwarzman and Carnegie Mellon University President Farnam Jahanian.
Larry Ellison steps aside as Oracle CEO, former HP exec Mark Hurd promoted
Usually the only time we talk about Oracle is in relation to its battle with Google over Java and the use of related APIs in Android, but not today. At the age of 70, co-founder Larry Ellison is stepping down from the post of CEO and moving to a new post as Executive Chairman of the Board and CTO. Taking over the reins of the enterprise software company is the duo of Safra Catz and Mark Hurd. You'll recall Hurd as the former CEO of HP, who resigned from that company over a sexual harassment investigation and false expense reports, and then became the target of an (eventually resolved) lawsuit when he joined Oracle four years ago. His awkward exit resulted in collateral damage to HP acquisition Palm, and by extension webOS. The trio of Ellison, former CFO Catz and Hurd will share responsibilities going forward, with Ellison stating in the press release that the only difference is "Safra and Mark will now report to the Oracle Board rather than to me." [Image credit: NBAE/Getty Images]
