Hedge fund Elliott Management Corp. is financing Eko’s patent lawsuit against streaming service Quibi, The Wall Street Journal reports . Eko’s suit claims that Quibi stole trade secrets and that its “Turnstyle” feature violates Eko’s patents . Turnstyle allows Quibi videos to play differently depending on the orientation —vertical or horizontal— of the viewer’s phone, switching in real time...

Ladies and gentlemen, we have board drama at Tesla! I live. I’m going to read some tea leaves, because James Murdoch very rarely speaks on the record. Last week, The New York Times indicated that “some directors” thought Murdoch might do a really good job as the new chairman of the Tesla board, now that Elon Musk is being forced by SEC settlement to step down...

Following a year of decline in the number of women that make up its workforce, Microsoft says it will now tie executive bonuses to the company’s diversity efforts, according to a report in Bloomberg . The move is a form of pressure to incentivize top leadership to reform the company’s hiring practices in an effort to include more women and minorities ...

Brent Callinicos has a reputation as one of the smartest financial minds in Silicon Valley. He helped spearhead Uber’s fastest years of growth as the ride-hailing startup’s chief financial officer, and served similar roles at Google and Microsoft. Now he’s heading to Hyperloop One, a futuristic transportation startup that has both a lot of potential and a lot of baggage. Callinicos will serve as chief financial advisor to Hyperloop One ...

Imagine suddenly having the computer from Star Trek right there with you during your next your board meeting. By virtue of its supercharged processing capabilities, it knows everything there is to know about your company, and can brief you instantly on any ...

Acer chairman and CEO J.T. Wang is announcing his resignation from the PC maker today following further disappointing financial results. Wang, an outspoken critic of Microsoft's Surface Tablet, will step down as Acer CEO on January 1st, but will retain his chairman position until the second quarter of 2014 to assist with existing commitments. Acer president Jim Wong will take over as CEO in January in a clear effort to address the struggles the company is facing...

Some Microsoft investors might not be happy with the idea of Bill Gates and Steve Ballmer continuing to guide Microsoft after retiring from the CEO role, but it seems likely that both will continue to do just that. On November 19th, company shareholders will vote on the new board of directors, and today the board has recommended that both Gates and Ballmer be re-elected to their positions there...