We bring you the behind the scenes story of how electric car startup Fisker Automotive spent over a billion dollars, took down a government loan and ultimately delivered about 2,000 cars, a small fraction of what it originally promised. Read more »
The lawsuits are piling up for electric car startup Fisker Automotive — here’s the third this month, this time from design and communication firm Ignited over an alleged unpaid bill of $535K. Read more »
In news that may boost the spirits of many HP shareholders, Ray Lane is stepping down as chairman of the troubled IT giant. John H. Hammergren and G. Kennedy Thompson will also leave the board. Read more »
A startup called Choose Energy is offering consumers a comparison shopping site for electricity in deregulated markets, and is building tools to help retail energy providers acquire customers. The company raised a series A round from Kleiner and Stephens Capital. Read more »
It looks like the Blackstone Group and Carl Icahn will be in the mix to take control of Dell — coming up with offers to rival the bid from Michael Dell and Silver Lake Partners. Read more »
One of the more subtle problems with the first wave of cleantech investing I think has to do with passion, identity and save-the-world over exuberance. It’s hard to call that a fault, but when it comes to making money in the VC model, it’s a problem. Read more »
Meg Whitman’s claims that Autonomy executives deliberately misled HP over its $11 billion acquisition are under investigation by the authorities. But whatever the truth, the damage is already done, as the affair further erodes the fragile relationship between Silicon Valley and Europe’s brightest technology companies. Read more »
Kleiner Perkins says it has closed its next $525 million fund 15 and confirms that cleantech-focused investors Ray Lane and Bill Joy will not be leading investments for the new fund. Read more »
It’s no secret that it’s been a rocky road for many venture capitalists that have invested in greentech. Now according to Dow Jones Venture Wire, Draper Fisher Jurvetson, which has one of the largest greentech portfolios, is shifting away from investing in greentech startups. Read more »
Kleiner Perkin’s partner Ray Lane is not listed as a general partner on fund documents for prospective limited partners for Kleiner Perkin’s next early stage fund, though Lane will still be active at the firm, reports Fortune’s Dan Primack. Read more »
It’s now clear that the delays for Fisker’s electric car the Karma have veered the company off track. But just how far is Fisker from its original goals? Read more »
While 2011 was a bad year for Hewlett-Packard, it was a good one for chairman Ray Lane, at least financially. Lane logged more than $10 million in total compensation mostly in stock and options — for the fiscal year, according to the HP proxy. Read more »
Oracle and HP used to coexist quite well — People forget that the first Oracle Exadata ran on HP hardware. Then Oracle bought Sun and things went downhill fast. Public spats played out in CEO letters to The New York Times, and now court documents. Read more »
HP won a tactical battle last night when a judge tossed out an Oracle fraud claim. But it also lost one — when he unsealed previously redacted documents that show just how desperate HP was to keep Oracle working on software for HP’s Itanium servers. Read more »
2011 is surely a year that Hewlett-Packard would like to forget. It fired its second CEO in two years. It said it might sell its PC business and push WebOS phones and tablets only to back off on both moves. Here’s what HP needs to do in 2012. Read more »
Electric car startup Fisker Automotive is raising another $150 million in equity, and has closed on $25 million of that round. Before this round, Fisker had already raised $1.1 billion in equity, loans and grants. Read more »
Will Hewlett-Packard persevere on the enterprise software and cloud computing track set by dearly departed CEO Leo Apotheker? The answer is yes–well–maybe, according to Executive Director Ray Lane and newly minted CEO Meg Whitman, who spoke on the analyst call announcing management changes. Read more »
Hewlett-Packard canned CEO Leo Apotheker because of miscommunications and lack of teamwork, not because of his grand enterprise software-and-cloud strategy for the IT giant, said Ray Lane, newly minted executive board chairman for HP. Both he and new CEO Meg Whitman back Apotheker’s strategy. For now. Read more »
The anonymous sources were right: Meg Whitman is now president and CEO of Hewlett-Packard, replacing fellow HP board member Leo Apotheker. And, Ray Lane moves from non-executive to executive board chair. But no one expects the furor to die down anytime soon. Read more »
Over the past year, HP’s board has led the company through more than a few stumbles. The company’s next CEO will not only have to bring back the innovation of “the HP way” but will also have to wrangle the board back in shape. Read more »
For our latest Green Overdrive show we take a peek at Fisker’s extended range electric car the Karma. Read more »
Many of the electric cars I’ve test driven are immediately surprising because of one thing: they’re often times completely silent. But now after some concerns that silent electric cars equal deadly electric cars, some auto makers are developing digital noises to add onto these battery-powered rides. Read more »
While there’s been a perception that Kleiner Perkins has moved away from greentech investing, Kleiner Partner Ray Lane told me in an interview that Kleiner is not pulling back and is expecting 6 to 8 IPOs out of its cleantech portfolio in the coming two years. Read more »
Kleiner Perkins Partner Ray Lane received the world’s second production Fisker Karma, an extended range electric car, on Tuesday. Read more »
It’s a new day for V-Vehicle, an auto startup with ambitions to produce low-cost efficient cars. The company has just taken two steps common among startups whose investors are unhappy and pushing for a restart: a new name — Next Autoworks Co. — and a new CEO. Read more »
After posting Kevin Tofel’s demo of the struggles he had with Flash-based video on his Nexus One mobile handset, we’ve received a ton of comments, including response videos from readers who showed their own experiences with Flash on Android mobile handsets. Here are just a few. Read more »
Apple is going to offer $0.99 TV show rentals for its revamped Apple TV, Google is betting on integrating a search bar with your cable content and Boxee has alsways had a really slick UI. So which box are you going to buy this fall? Read more »
As Tesla’s stock keeps on rising, Ray Lane, the Kleiner Perkins venture capitalist and former Oracle executive who has backed plug-in hybrid startup Fisker Automotive, says he sees an IPO for Fisker down the road. Read more »
V-Vehicle has undergone a shakeup since the feds rejected its request for $321.1 million in loans. V-Vehicle founder Frank Varasano has left his post as chief executive, and investor Ray Lane has stepped into the CEO role, the Monroe News Star reports. Read more »
That looming March 1 deadline for V-Vehicle to raise $350 million — the amount that the T. Boone Pickens and Kleiner Perkins-backed startup needed in order to release the bulk of an incentive package put together by state and local authorities in Monroe, La., (or else […] Read more »
