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Spinning corporate doors at Yahoo
Former Yahoo chief executive was ousted as the former Web portal giant after he was found to have faked his resume. He claimed that he graduated with a computer science college degree, but one company shareholder discovered that this was far from the truth. Despite ample opportunities to correct the mistake, Thompson failed to, and was ultimately kicked out of the company. Well, he 'resigned,' but plenty of people were lining up to give him a forceful shove if he didn't go quietly.
Former Google executive Marissa Mayer jumped in a few weeks later as Yahoo's new chief executive, making her the fifth chief executive at the company in just two years. That revolving door of top bosses just keeps spinning, but hopefully Mayer can stick around for longer than her predecessors.
Google vs. Oracle: End result, $0 damages
What a doozie. This turned out to be one almighty calamitous failure for Oracle, which brought the case against Google for using Java APIs in the Android mobile operating system. After Oracle bought Sun, the database and cloud giant failed (just as Sun failed) to reach an agreement on licensing Java in Android. Oracle sued Google, which bought Android some years before, for copyright and patent infringement.
One of the more confusing trials of the decade, the jury eventually found that Google didn't infringe Oracle's Java patents and the Java APIs used by Google were not copyrightable. Google only copied a small amount of code, and the two parties agreed to a $0 settlement in statutory damages.
All that fuss for practically nothing.
HP accuses Autonomy of fiddling finances
Another mess for computer maker HP, which is struggling in the face of rival PC makers, such as Lenovo and Apple, as the firm had to swallow a $5 billion charge in its latest quarterly earnings. What happened? HP claims Autonomy "inflated" the value of the company before HP bought it out, a claim the Autonomy management team flat-out denied.
HP's Meg Whitman said during a conference call that Autonomy was "smaller and less profitable than we had thought," suggesting the U.K.-based firm had fiddled its numbers and misstated its revenues before HP bought the company for $1.1 billion.
U.K. and U.S. authorities are now investigating the claims, but this clunker isn't going to be resolved until next year at the very earliest.