SAP to pay $3.4B for SuccessFactors

(AP) -- SAP said Saturday it is paying $3.4 billion to acquire SuccessFactors, a software company specializing in human resources tasks. It is the latest move in the escalating rivalry between SAP and Oracle Corp., and underscores ...

A look back at some major CEO flameouts

Ron Johnson's short-lived tenure as J.C. Penney's CEO will go down as one of the biggest flameouts in corporate America. The former Apple executive was hailed as a big thinker when he was hired by the ailing department store ...

SAP profits up 23 percent as cloud computing grows

Business management software company SAP AG says net profit rose 23 percent in the third quarter as its cloud computing business grew rapidly and the company kept down costs by holding down hiring of new employees.

HP discloses scope of new CEO's contract

(AP) -- Hewlett-Packard Co. gave its new CEO, who came aboard during a tumultuous time for the technology conglomerate, a compensation package that could be worth tens of millions of dollars.

SAP to buy Ariba for $4.5B, extending cloud push

(AP) -- Business software maker SAP AG on Tuesday said it will buy Ariba Inc., which makes Web-based software that connects suppliers and buyers online, for about $4.51 billion.

Hewlett-Packard replaces a third of its board (Update)

(AP) -- Hewlett-Packard Co.'s decision to replace a third of its board of directors is the latest milestone in a marathon management makeover that the technology icon hopes will allow it to move on after a series of management ...

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