September 23, 2011
HP names Whitman CEO, Apotheker out
Grazed from Reuters. Author: Poornima Gupta and Peter Henderson.
Hewlett-Packard Co named former eBay Inc Chief Executive Meg Whitman its president and CEO, replacing the harshly criticized Leo Apotheker in a bid to restore investor confidence in the iconic Silicon Valley company.
The decision was made without a formal CEO search and piled renewed criticism on the board, which investors have blamed — at least in part — for the storied company’s recent missteps…
Microsoft will invest an additional $150 million to expand its new data center in southern Virginia, continuing a series of expansion announcements that hint at a dramatic scaling up of Microsoft’s cloud computing capacity. Microsoft will build a second data center facility and add 21 megawatts of power capacity at its new location in Boydton, Virginia, even as it is still completing the $499 million first phase of the project…
OpenStack, one of several open source options for building a private cloud, launched its fourth release in a little over a year on Thursday with several features that make it easier to manage an enterprise cloud.
Xtium, a provider of cloud computing services to businesses, raised an $11.5 million Series A round of investment from OpenView Venture Partners. As part of the funding, Scott Maxwell, senior managing director at OpenView, will join the company’s board. Xtium provides such services as disaster recovery and virtual hosting. The deal is the third in the Philadelphia area for Boston-based OpenView within the last month, following its investments in Monetate Inc. and NextDocs Corp…
EMC, well, at least its Greenplum unit has put together a thousand-node multi-tenant analytics platform to accelerate the development and testing of the disruptive but persnickety open source Apache Hadoop software.
Design is a sector where cloud computing has the potential to revolutionize multiple industries, according to Autodesk, the 3D design software firm and maker of AutoCAD.