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Maureen O'Gara

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Top Stories by Maureen O'Gara

With Yahoo shares down better than 15% in the two trading days since it climbed into bed with Microsoft, Microsoft CEO Steve Ballmer, the cat who ate the canary and maybe forgot there for a moment that he didn’t buy the company, told Microsoft’s annual analyst meeting Thursday that “It’s sort of, like, unbelievable….Nobody gets it.” Instead of carping about Yahoo not getting a boatload of money upfront, he said they should focus on the $500 million boost to operating income it’ll see. “This is a company that makes $700 million. You’re talking about a 70% expansion just for doing the deal.” “Did they sell their search business? No.” But it’ll get 88% of the revenue with zero costs. One of the popular opinion pieces being passed around contends that “Yahoo committed seppuku…The once-proud warrior of the Internet space laid down its sword, knelt at the feet of Micro... (more)

Zuora Seeks Cloud's Silver Lining

Zuora, the Marc Benioff-backed on-demand billing and payments start-up, has announced what it calls the Z-Commerce Platform, a development platform dedicated to monetizing cloud computing services. Zuora CEO Tien Tzuo describes the widgetry as the start-up’s most important product announcement to date, “a big step towards our vision of being the de facto commerce engine for the cloud.” With Z-Billing, Z-Payments, and Z-Force, its existing products, the company’s supposed to have a suite of business cloud solutions focused on driving revenue from cloud computing. It figures there... (more)

"OK, Boys, Cloud Computing Is the Plan" - Steve Ballmer

With Microsoft mandarin Kevin Johnson bolting to Jupiter, leaving Microsoft to lick its wounds over Yahoo and reorganize, CEO Steve Ballmer sent out an all-hands e-mail to Microsoft folk encapsulating the message he delivered to financial analysts gathering in Redmond Thursday. Ballmer highlighted software-plus-service, associating it with a “platform in the cloud and delivering applications across PCs, phones, TVs, and other devices, at work and in the home” (Microsoft’s Mesh widgetry) and promised “more about our cloud platform initiatives and the next versions of our Live and ... (more)

HP’s Golden CEO Quits Amid Sex Scandal

HP chairman, president and CEO Mark Hurd, 53, the buttoned-down golden boy the company brought in to clean up the mess left by his ousted predecessor Carly Fiorina, the guy who delivered on that charter beyond the company’s wildest expectations, quit suddenly this evening after a weeks-old company investigation by outside and inside legal counsel of sexual harassment charges. The probe found that Hurd okayed a string of dodgy payments to the unnamed former marketing consultant who made the complaint. The complaint also named the company. HP said the investigation of Hurd’s und... (more)

Lindows Out to Drain One of Microsoft's Beer Kegs

Seeking to suck up whatever Microsoft resources it can, Lindows.com is going to try to insure that the software goliath pays out all of the $1.1 billion that it's agreed to pay to settle those California class actions claiming Microsoft overcharged for Windows. The upstart has dreamed up a Web service styled www.MsfreePC.com where it says consumers can process their claims simply and easily and get an "instant settlement" of up to $100 in "four minutes." It says no receipts are required. Manually it says the refund process could take six months. Naturally Lindows is hoping that i... (more)