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IP: apple stew (from edupage)
From: David Farber <farber () cis upenn edu>
Date: Sun, 03 Aug 1997 17:23:32 -0400
ELLISON SAYS JOBS WILL TAKE THE JOB According to an interview in Friday's La Tribune, a French financial newspaper, Oracle CEO Larry Ellison says he will be taking a seat on Apple's board of directors, and that despite reports to the contrary, Steve Jobs will become chairman. In addition, Ellison says he plans to invest an undisclosed amount of his personal wealth in Apple, as a hedge against a Microsoft monopoly. (InfoWorld Electric 1 Aug 97) THE PEOPLE AND MARKETS IN APPLE'S EYE Meanwhile, while he is working hard at recruiting a new CEO and new board members for Apple, Steve Jobs is refocusing the company on the education and publishing markets and mandating a crash program to develop a stripped-down "network computer" based on Macintosh technology and aimed at the home and education markets. His first choice for new CEO is Kodak chief executive George M.C. Fisher, but Fisher has been saying that he has no desire to leave Kodak. As new board members, Jobs wants Larry Ellison of Oracle, John Warnock of Adobe, and investment banker Daniel Case of Hambrecht & Quist. (New York Times 1 Aug 97)
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