1. Articles from Julie Bort (jbort@businessinsider.com)

    1-12 of 12
    1. VMware Shareholders are Winning Their Battle to Block Michael Dell's Push for a Reverse Merger

      VMware Shareholders are Winning Their Battle to Block Michael Dell's Push for a Reverse Merger
      • VMware shares soared on Monday on word that Michael Dell is ready to abandon his reverse merger plan between VMware and Dell Technologies.
      • Shareholders were in open revolt, and Wall Street analysts were openly negative about the prospect of the deal.
      • Employees weren't thrilled either, and neither were VMware's hardware partners that compete with Dell, according to reports.
      • The deal would have been huge, and would have given Dell a non-traditional path to going public again...
      Read Full Article
    2. Benchmark Has Dropped its Lawsuit Against Travis Kalanick and Can Never Sue Him Over this Issue Again

      Benchmark Has Dropped its Lawsuit Against Travis Kalanick and Can Never Sue Him Over this Issue Again

      Benchmark officially dropped its lawsuit against Travis Kalanick on Thursday.

      • Dropping this suit was part of the deal that sold 15% of Uber to SoftBank.
      • The suit was dropped "with prejudice" meaning that Benchmark can never decide to sue Kalanick over this issue again.
      • It's a relatively happy ending between the two estranged Uber board members...
      Read Full Article
      Mentions: Uber SoftBank lawsuit
    3. Apple Didn't Know That Activist Investors Wanted it it Take on Child Safety

      Apple Didn't Know That Activist Investors Wanted it it Take on Child Safety
      • Apple didn't know that two of its biggest investors, Jana Partners and the California State Teachers’ Retirement System, wanted it to take a bigger role in children safety.
      • Apple was given a heads-up call shortly before the investors publicly released a letter calling for changes, but the letter wasn't the result of previous talks or suggestions made privately to Apple...
      Read Full Article
    4. Benchmark Sold off $900 Million of its Uber Stock But Wanted to Sell More

      Benchmark Sold off $900 Million of its Uber Stock But Wanted to Sell More

       

      • Benchmark is selling nearly 15% of its stake in Uber to Softbank for about $900 million.
      • The deal is part of Softbank's effort to build up a big stake in ride-hailing giant Uber, by buying shares from existing shareholders and from Uber itself.
      • Softbank offered to buy shares from existing shareholders at a steep discount to Uber's most recent private valuation.  Even so, shareholders offered to sell Softbank more shares than it wanted to buy, including Benchmark....
      Read Full Article
      Mentions: Uber Japan SoftBank
    5. BREAKING NEWS: Meg Whitman is Stepping Down from the CEO Job at Hewlett Packard Enterprise

      BREAKING NEWS:  Meg Whitman is Stepping Down from the CEO Job at Hewlett Packard Enterprise

      Hewlett Packard Enterprise announced on Tuesday that CEO Meg Whitman will resign effective February 1, 2018. She will remain on the board of directors.

      She is being replaced by Antonio Neri, current President of HPE.

      Whitman has taken HPE through some drastic changes since she joined as the CEO in 2011 of what was previously known as Hewlett-Packard. She's conducted layoffs that sliced tens of thousands of employees from HPE, with more layoffs expected to come...

      Read Full Article
    6. Uber investor Shervin Pishevar has filed a Lawsuit over an Alleged 'Smear Campaign' Against Him

      Uber investor Shervin Pishevar has filed a Lawsuit over an Alleged 'Smear Campaign' Against Him
      • Venture capitalist Shervin Pishevar is suing a GOP political opposition research group that he alleges was conducting a smear campaign against him.
      • The suit claims that the company, Definers Public Affairs, has been calling up reporters and spreading lies about him such as that he's a Russian agent or that he's made a payoff to settle a sexual assault claim...
      Read Full Article
      Mentions: Uber SoftBank lawsuit
    7. An Activist Investor Praises Apple, and Slams Google, Over Equal Pay for Women Transparency

      An Activist Investor Praises Apple, and Slams Google, Over Equal Pay for Women Transparency

      Activist investor Natasha Lamb is calling on Alphabet, parent company of Google, to quit stalling and to release comprehensive data on how pay for women and men compare. On Wednesday she sent a letter to Alphabet's board demanding more information. Activist investor Natasha Lamb, managing partner for Arjuna Capital, is once again calling on Google to share information on if it pays women equally to men.

      On Wednesday, she sent a letter to the company's board with a long list of questions...

      Read Full Article
    8. Meg Whitman is at the Center of Uber's Boardroom Battle (HPE)

      Meg Whitman is at the Center of Uber's Boardroom Battle (HPE)

      It looks like the battle over hiring Meg Whitman as the next CEO of Uber isn't entirely over.

      Early investor Benchmark sued Kalanick earlier this month, accusing him of undermining the CEO search.

      Now, another Uber investor is firing back at Benchmark, charging that it's the venture capital firm that's undermining the company and that it remains determined to get its own favorite candidate, Whitman, into the CEO seat...

      Read Full Article
      Mentions: Delaware Uber Apple
    9. The VC Firm Suing Travis Kalanick is trying to block other Uber investors from selling their Shares

      The VC Firm Suing Travis Kalanick is trying to block other Uber investors from selling their Shares

      One of Uber's earliest investors is reportedly trying to block other shareholders from selling their shares, reports CNBC, citing sources who seemed less than thrilled with this development.

      Trying to block such a sale could be a violation of a board member's fiduciary responsibilities, the people who talked to CNBC said...

      Read Full Article
    10. A Controversial Ex-Banker is the Person who Really Runs Twitter — and He's Gambling the Company's Future on One Risky Bet (TWTR)

      A Controversial Ex-Banker is the Person who Really Runs Twitter — and He's Gambling the Company's Future on One Risky Bet (TWTR)

      Asa Mathat for Vox Media

      • Anthony Noto, COO of Twitter, and former Goldman Sachs banker, is leading the company through challenging times.
      • He's betting the company on a risky strategy: to turn the social network, famous for celebrity feuds, trolls and Donald Trump, into a destination for live video — from sports to financial news to political debates.
      Read Full Article
    11. One of Cisco's Star Engineers Defends the Unusual Way Cisco Paid Him (CSCO)

      One of Cisco's Star Engineers Defends the Unusual Way Cisco Paid Him (CSCO)

      There's still a lot of rumor and speculation as to what exactly went down between Cisco CEO Chuck Robbins and one of its long-time star engineers who recently resigned, Mario Mazzola.  After agreeing to move out of an operational role and become an advisor to the company, Mazzola instead publicly quit, and was joined by his top team of two other star engineers, Luca Cafiero, Prem Jain, and their top marketing exec, Soni Jiandani, who also quit Cisco in solidarity...

      Read Full Article
      Mentions: stock options CEO
    1-12 of 12
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    One of Cisco's Star Engineers Defends the Unusual Way Cisco Paid Him (CSCO) A Controversial Ex-Banker is the Person who Really Runs Twitter — and He's Gambling the Company's Future on One Risky Bet (TWTR) Cisco Chairman John Chambers has Resigned and will Move on to the 'Next Chapter' in his Career An Activist Investor Praises Apple, and Slams Google, Over Equal Pay for Women Transparency Uber investor Shervin Pishevar has filed a Lawsuit over an Alleged 'Smear Campaign' Against Him BREAKING NEWS:  Meg Whitman is Stepping Down from the CEO Job at Hewlett Packard Enterprise Benchmark Sold off $900 Million of its Uber Stock But Wanted to Sell More Apple Didn't Know That Activist Investors Wanted it it Take on Child Safety Benchmark Has Dropped its Lawsuit Against Travis Kalanick and Can Never Sue Him Over this Issue Again VMware Shareholders are Winning Their Battle to Block Michael Dell's Push for a Reverse Merger Wayfair Appoints Anke Schäferkordt to Board of Directors Mark Zuckerberg Can Be Overruled by Facebook’s New Oversight Board on Content Decisions