Larry Ellison mocks HP board - Just like the 'idiots' at Apple

Larry Ellison, the billionaire CEO of business software firm Oracle and Silicon Valley's official spendmaster general, has caused a stir within the technology gossip world after he likened the board at embattled hardware maker HP to the 'idiots' at tech giant Apple Inc.

Ellison took time out of his busy schedule to talk to the New York Times on the matter, reports Engadget.

"The H.P. board just made the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago. That decision nearly destroyed Apple and would have if Steve hadn't come back and saved them," he is quoted to have told a reporter. 


Ellison also criticized the people at HP for releasing the sexual harassment claim brought against CEO Mark Hurd. He went on to say that it was a case of "cowardly corporate political correctness". 

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Facebook is investigated for "Draw Mohammed" competition

Well, social networking site, Facebook, may have just become profitable, but the social networking site has got some other problems on its hands - including an investigation by the Pakistan Government concerning a competition entitled "Draw Mohammed". 

Depicting Mohammed is blasphemy under Islamic law - and is punishable by death in Pakistan. Still, getting in trouble with islam is becoming quite fashionable nowadays it seems. 

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Facebook revenue for 2009 almost $800,000,000?

Tech analysts may be having a community word-eating get-together, as revelations surface that social networking giant (which was previously shrugged off as being unprofitable) may have had revenues close to $800 million in 2009.

Facebook, which was founded and is managed by Mark Zuckerberg, a hacker and Harvard dropout, has only been in operation some six years, but is already showing signs of high profitability.

Sources even noted that the company had a strong net profit to match all of that revenue - meaning that the company is covering its huge costs.

This is particularly promising, especially when one considers that other popular 'Web 2.0' sites like YouTube, are still struggling to pay bandwidth bills. Facebook, unlike YouTube which sold to Google in 2006, is still an independent company.

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