Less than 24 hours after Oracle named ousted HP CEO Mark Hurd as co-president, HP has filed a breach of contract lawsuit against him. To be honest, if Monday had not been Labor Day, and if the announcement hadn't been made so late in the day, they probably would have filed a lawsuit that same day.
While Hurd didn't sign a non-compete agreement, the lawsuit focuses on confidentiality agreements in his exit package. That package was worth over $40 million, so Hurd will have plenty of money to fight the lawsuit with (although we honestly assume Oracle lawyers might be handling things).
Oracle CEO Larry Ellison, a close friend of Hurd's, criticized HP's decision to oust Hurd. His resignation came after an HP investigation turned up some irregularities in expense reports concerning a marketing contractor. HP's decision over Hurd came despite the fact that under his watch, the company's reputation, market share, and financials soared.
“Mark Hurd agreed to and signed agreements designed to protect HP's trade secrets and confidential information. HP intends to enforce those agreements.”
Oracle's stock was up to $24.26, up $1.34 or close to 6 percent on the day. Meanwhile, HP's stock dropped slightly, $39.93, down $0.41 or just over 1 percent on the day.
Update: Oracle responded with the following statement:
“Oracle has long viewed HP as an important partner,” said Oracle CEO Larry Ellison. “By filing this vindictive lawsuit against Oracle and Mark Hurd, the HP board is acting with utter disregard for that partnership, our joint customers, and their own shareholders and employees. The HP Board is making it virtually impossible for Oracle and HP to continue to cooperate and work together in the IT marketplace."
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When PLX Devices sent us a press release on Tuesday regarding their "Brianwave Interface for iPad/iPhone/iPod" we realized one thing: whatever it was, it didn't do spell checking. However, the Brainwave Interface for iPad/iPhone/iPod is a mind control device, of sorts.
It's not a brainwashing device, but instead the XWave is meant to help you train your mind. Wearing a small device (similar to a set of headphones) on your head, you interface with an app on the iDevice so as to help you increase your attention and meditation levels.
The XWave is available for purchase now, but won't ship until October. The app will be freely downloadable from the App Store once the XWave ships. PLX Devices says that "additional 3rd party apps are being added every day."
You can watch a demo video below, but be warned: the music is annoying, and we could certainly do without so much hair tossing by the blonde model.
Shriya Saran is one of the top South Indian Film industries.In all the South indian Film industries she maintain good career record.
She is last seen in Malayalam films too.She acted along with Superstar Mammootty and Prithiviraj in the Multistarrer movie PokkiriRaja.The movie was one of the biggest hit of Malayalam.Likewise her Tamil movie along with Universal Star Rajinikanth Shivaaji was one of the biggest hits among Indian Films too.These movies are worked great for this young actress.She is featuring in many Bollywood movies too.Her major success in Bollywood are Mission Istanbul and Avarapan.Here are certain latest pics of Shriya Saran.
Aishwarya Rai is a woman, a little possessive Well, when it comes to his private life, who would?Buzz is that the actress has one million dollars for a Hollywood studio offered to film a documentary about it. But our lady was thrilled by the idea.He learned that the team with her at home for a week to be had all the details of his personal life document, but are also involved in shooting at home. Because it is a very private person, refused to Ash.
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