HP Analysts Like Losing Léo, Not Sold on Whitman as CEO

Analysts covering HP all seem united in their approval of its apparent move to oust CEO Léo Apotheker. They’re a lot less enthusiastic about his replacement.
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The Start Project Gets Start-Up Stars as Advisers, Including Stone, Sacca, Mullenweg

A new Silicon Valley business incubator called The Start Project has recruited a high-profile group of entrepreneurs as advisers, which it announced today on its Web site. Twitter co-founder Biz Stone, WordPress co-founder Matt Mullenweg, former Google exec and angel investor Chris Sacca, as well as Mike Tatum and David Liu, have all agreed to help the company’s start-ups before and during their creation.

Ciena Snags Nortel’s Optical Business

Ciena is buying Nortel Networks’ optical networking and carrier Ethernet business after besting an offer from Nokia Siemens in a three-day auction. Ciena will pay $769 million for these assets from the now-bankrupt company, noting that they will significantly bolster its Internet infrastructure business.
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Microsoft a First-Mover With No Advantage in Twitter Deal

Microsoft may have gotten the jump on Google when its Bing search engine became the first to allow users to search Twitter in real time, but that victory is largely an empty one. Because while being first is generating quite a bit of attention for Bing–which is, for once, leading search innovation instead of following Google’s–that’s about all it’s good for now.
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LogMeIn: IPO Drought? Feh…

Earlier this week John Fitzgibbon, founder of IPOScoop.com, said that LogMeIn was an IPO “candidate that should blow the socks off people.” Looks like he was right.
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