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Oracle Hires Hewlett-Packard [HP] CEO

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Oracle Hires HP CEO

Silicon Valley technology giant Oracle Corp has hired Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid sexual harassment  scandal, as president. (Reuters)

Hurd, a close friend of Oracle CEO Larry Ellison will replace Charles Phillips, who has resigned, Oracle said in a statement on Monday. Phillips was co-president alongside Safra Catz, who remains in her role.

Mark Hurd - Resigns HP for Sexual Scandal

Ellison had slammed HP’s decision to oust Hurd, calling the actions of HP’s board “cowardly.

Hurd resigned from HP on August 6, after a probe into sexual harassment allegations. HP said at the time that he filed inaccurate expense reports related to Jodie Fisher, a marketing contractor who worked for Hurd’s office from 2007 through 2009.

“Mark did a brilliant job at HP and I expect he’ll do even better at Oracle,” said Ellison in a statement on Monday.

Shares of HP are down 13 percent since Hurd’s resignation. Plucked from relative obscurity to head HP, Hurd is credited with resuscitating the technology giant by cutting costs and pursuing ambitious acquisitions.

HP said the expense reports were meant to hide a “close personal relationship” with Fisher, a sometime actress who has appeared in television shows and movies.

Oracle, the world’s third largest software maker, competes with HP as well as with International Business Machines Corp and SAP.

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Desi Fashion

HSY to stage grand finale at PSFW 2015 with ‘INK’

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LAHORE, Pakistan: In the lead up to the 8th PFDC Sunsilk Fashion Week (PSFW) being held from the 18 – 21st of April 2015, the Pakistan Fashion Design Council has revealed the names of participating designers, textile houses and high-street brands.

PFDC Schedule

 

 

 

 

The iconic courtier Hassan Sheheryar Yasin (HSY) is set to close PFDC Sunsilk Fashion Week 2015 with “INK”; a collection inspired by Asia and specifically HSY’s journeys to The Land of Rising Sun.

INK represents the essence of Langkawi, Indonesia, Nagasaki, and Yunnan with natural and indigenous yarns, hand-woven to perfection. Expect the traditional dyeing techniques of Shibori from Nagasaki, Batik from Indonesia, and Gara from Sierra Leone infused with mackintosh, saffron, aubergine, eggshell, rosette, indigo and ochre. Created with the scorching sub continental summer in mind, INK channels versatile hemlines to suit a diversity of younger, older, working men, women and homemakers alike.

Big names that will be missed in this edition of PSFW are: 

Fashion giants such as Elan, Shehla Chatoor and Ali Xeeshan are missing from the roster. One may wonder why they choose to miss out on one of the biggest fashion showcases of the year. Ali Xeeshan may be boycotting the event after an unpleasant incident last year at PFDC L’Oreal Bridal Week but what about the rest?

PSFW 2015 kicks off on 18 April and will end on 21 April.

-Jago News-

 

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AirAsia Indonesia flight QZ8501 is Probably Found

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On early Sunday 28th December, 2014 an AirAsia Indonesia airliner flying from Indonesia to Singapore with 162 passengers on board has gone missing.

Search operation held the answer in the report is very little.

This is the third Malaysian-linked aviation disaster this year (2014) , an AirAsia airliner plane traveling from Indonesia to Singapore disappeared early Sunday over the Java Sea. Search Officials and other experts indicate that it probably crashed into the ocean, and although possible the remains of plane that has been badly damaged or destroyed. has already been spotted, nothing has yet been confirmed.

There were 155 passengers on board, the airliner company said in a statement:
• 138 adults, 16 children and one infant
• Most on board were Indonesian
• Several were from other countries: one UK national, a Malaysian, a Singaporean and three South Koreans
• The BBC understands that the British national is Chi-Man Choi
• Two pilots and five crew were also on board – one French, the others Indonesian

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Humanity

Hurricane Sandy: Ten facts and figures

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Hurricane Sandy was a tropical cyclone that severely affected portions of the Caribbean, Mid-Atlantic and Northeastern United States in late October 2012, with lesser impacts in the Southeastern and Midwestern states and eastern Canada.

1. Hurricane Sandy began in Jamaica on October 22nd, developing from an elongated tropical wave near the Caribbean sea.

2. More than 12,000 flights were canceled due to the hurricane and the three main airports which serve New York City were shut down for two days.

3. In one of the worst affected areas, more than 100 homes were destroyed by an overnight blaze in the Irish enclave of Breezy Point in Queens.

4. There was no trading for two days on Wall Street as a result of the storm damage. The last time the New York Stock Exchange closed for two consecutive days for weather-related reasons was 1888.

5. During the height of the storm, estimates suggest there were over three and a half million tweets with the hashtag #Sandy, according to the New York Times. Instagram’s chief executive officer Kevin Systrom told the Associated Press that about 10 pictures per second were being uploaded to Instagram with the hashtag #sandy.

6. Estimated to run into tens of billions of dollars, the scope and cost of the damage is still unknown. Gov. Chris Christie of New Jersey called it “incalculable.”

7. In comparison, Hurricane Irene, a New York storm which hit in August of 2011, cost the city alone $55 million, according to the New York Daily News.

8. As a result of the storm, the Greenwich Village Halloween parade was postponed for the first time in the parade’s 39-year-history.

9. Sandy caused the worst damage in the NY subway’s 108-year-history. The Metropolitan Transportation Authority announced limited subway service would resume on Thursday, but significant sections of the largest mass-transit system in the U.S. remain disabled.


10. Over 4.8 million customers remained without power on Thursday morning in 15 states and the District of Columbia, according to CNN. The worst affected states are New Jersey with 1,983,694 customers out of power; New York with 1,514,147; Pennsylvania with 526,934; and Connecticut with 352,286.

-Jago News-

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