Apple promoted veteran exec Eddy Cue to oversee Apple’s advertising service called iAd and iCloud, according to a leaked memo published by 9to5Mac. Cue played a major role in creating the Apple online store in 1998, the iTunes Music Store in 2003 and the App Store in 2008, new CEO Tim Cook said in the email to employees.
After weeks of sometimes comical coverage on the whereabouts of new HP CEO Leo Apotheker — a farce that had come to be know as “Where’s Leo?” — the company was likely happy that the subject was almost ignored in the aftermath of its earnings report on Monday. Almost.
Having spent more than $42 billion to buy about 60 companies, Larry Ellison’s Oracle has set something of a daunting standard for merger activity in the business software industry. So while SAP’s plan to buy smaller business software maker Sybase for $5.8 billion may not roil markets, it could certainly shake up things in an already busy infotech sector.
It’s been a while since German business software maker SAP has stated exactly how much of a market share it has. And no matter how much journalists prod and badger SAP CEO Leo Apotheker he will not divulge that figure. Even when analysts say they believe that SAP’s main rival Oracle has been taking market share from the German company, Apotheker will not be moved to shed some light on the issue. In several TV interviews on Wednesday, the day SAP presented its second-quarter results, and in a call with analysts, Apotheker not only declined to provide even a range, in fact he could not bring himself to call his company’s fiercest rival by name. “We have about twice as much market share as Number 2,” he said. In the Harry Potter series the hero is the only one who calls his nemesis by name – Lord Voldemort – instead of “he who must not be named”. C’mon Leo, if Harry Potter can do it, so can you.