John Paczkowski

Recent Posts by John Paczkowski

Hurd’s Fall Cushioned by Big, Soft Pile of Cash

Ousted as Hewlett-Packard’s CEO, Mark Hurd understandably would prefer to look ahead, not back. And it’s a pleasant view, indeed, thanks to the big bucks he’ll make by selling off his large stake in his former employer. Insider-trading tracker Washington Service reports that on Monday, Hurd filed to sell up to 775,000 of his common shares.

Hurd had until September 7 to exercise those options as part of his severance deal, and he chose wisely. Hewlett-Packard (HPQ) closed at $39.04 on Monday, presumably leaving him with a potential take of $30.3 million. That, of course, is on top of the $12.2 million in cash that Hurd was given on the way out the door. At least one shareholder has filed suit against HP’s board over the size of the severance package.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald