A jury in Silicon Valley on Thursday delivered a resounding victory to Hewlett Packard Enterprise Co., finding that Oracle Corp. should pay the computer maker $3 billion in damages—the full amount it sought—for actions that contributed to the decline of a once-lucrative line of high-end computers.
Nearly half of the directors of Williams Cos. resigned Thursday after they failed to oust the company’s chief executive following its collapsed merger with Energy Transfer Equity LP, according to people familiar with the matter.
With its agreement to acquire Starz for $4.4 billion including debt, Lions Gate Entertainment Corp. is poised to become a bigger player in media mogul John Malone’s plan to consolidate the content business.
A Massachusetts judge Thursday got more than an earful about Sumner Redstone’s health and estate planning as he weighs whether to dismiss a suit claiming the 93-year-old media mogul can’t make reasoned decisions.
Nike said co-founder Phil Knight officially has retired as the athletic-gear giant’s chairman, turning over the position to CEO Mark Parker and bringing to a close an executive transition begun a year ago.
U.S. auto-safety regulators are investigating Tesla Motors’s autopilot feature after a motorist using the system died in Florida, ratcheting up scrutiny of the Silicon Valley electric-vehicle company’s highly-touted technology and driverless cars more broadly.