Former IT Director Jack Mason and former City Manager Kevin Cowper recommended Oracle software as the top choice for the city. Jack Mason resigned in March and Kevin Cowper also left his position. They believed that Oracle software would be the most suitable option for the city’s needs. Article Source https://www.wtvy.com/video/2024/05/22/city-dothan-spent-16m-non-working-software/
The highest-paid CEO in the United States is not the well-known names of Tim Cook, Elon Musk, or Mark Zuckerberg, but rather Hock Tan of Broadcom, according to a recent analysis by The Wall Street Journal. Tan, a Malaysian-born CEO, received $162 million in compensation last year, contingent on his company’s stock reaching a certain … Read more
IBM has secured a five-year, $279 million task order from the U.S. Citizenship and Immigration Services agency to develop and maintain applications for the USCIS verification information system, including E-Verify. This system is used by employers to verify individuals’ eligibility to work in the U.S. and by agencies to verify immigration status for benefit applications. … Read more
Broadcom’s CEO, Tan, received a compensation package of $162 million last year, with the condition that he will only get the full amount if the company’s stock reaches a certain level by 2025. Additionally, Tan’s salary is contingent on him staying in his position for another five years, during which he will not receive any … Read more
Oak Hill Wealth Advisors LLC decreased its stake in NVIDIA Co. (NASDAQ:NVDA) by 14.8% in the fourth quarter, selling 339 shares and leaving them with 1,955 shares worth $968,000. Other major investors also made changes to their positions in NVIDIA, such as LFA Lugano Financial Advisors SA acquiring a new position valued at $28,000 and … Read more
The Ministry of Defense and the Ministry of Justice have recently signed major agreements with software provider Oracle for the continuous supply of software and related services. The Ministry of Defense’s contract is worth up to £87.7 million and will last for five years, renewing the ministry’s current Oracle Enterprise Agreement. The Ministry of Defense … Read more
IBM has secured a contract with the U.S. Citizenship and Immigration Services worth up to $279 million to develop and maintain software systems for the Verification Information System. This contract, awarded by the Department of Homeland Security, will involve DevSecOps activities and the creation of large-scale web applications and information technology systems in an Amazon … Read more
VMware LLC and Densify have settled their seesawing clash over patents for virtual computer systems one year after a federal jury awarded Densify $84.5 million for VMware’s infringement, according to a court filing. VMware and Densify, officially named Cirba Inc., asked Judge Gregory B. Williams to pause the case until June 17 so they can … Read more
Broadcom’s board called CEO Hock Tan the company’s ‘driving force,’ while three other executives won praise for their work moving the company’s $69 billion deal to buy VMware through regulators around the world. Compensation for these executives increased 211 percent year over year, from $77 million in 2022 to $242 million in 2023. Broadcom CEO… … Read more
Broadcom Inc.’s takeover of VMware Inc., an 18-month saga that ended in November, eventually led to the top lawyers at the two companies collectively earning almost $42 million in compensation, securities filings show. Mark Brazeal, Broadcom’s chief legal and corporate affairs officer, received almost $15.5 million in total compensation last year, with $14.3 million of … Read more