Tuesday, September 7, 2010


HP SUES Ex-CEO Mark Hurd Over New Job At Rival Oracle


SAN FRANCISCO — Hewlett-Packard Co. is suing the chief executive it ousted last month, Mark Hurd, to stop him from taking a top job at rival Oracle Corp.
The lawsuit, filed Tuesday in a California state court, came a day after Oracle hired Hurd as co-president to help lead the database software maker's efforts to steal business from HP. HP claims that Hurd won't be able to perform his job at Oracle without spilling HP's trade secrets and violating a confidentiality agreement.