Ex-eBay CEO to bid for Schwarzenegger's California job

What, no 'buy it now' option?


Former eBay boss Meg Whitman plans on running for governor of California when Arnold Schwarzenegger leaves the high-profile executive gig in 2010.

The billionaire Republican businesswoman confirmed speculation on her bid today by announcing she's forming an exploratory committee for the race. "Exploratory" is a bit of an understatement, however - she's also hired a team of more than 20 advisors, including several veterans from Schwarzenegger campaigns.

Present Republican governor Schwarzenegger faces his four-year term limit in 2010, leaving the door wide open for successors to one of the nation's most powerful governorships.

"California faces challenges unlike any other time in its history - a weak and faltering economy, massive job losses and an exploding state budget deficit," Whitman stated on her website. "California is better than this, and I refuse to stand by and watch it fail."

With the campaign slogan "A New California" former California Republican governor Pete Wilson will co-chair the campaign with Kevin McCarthy, the House chief deputy minority whip serving an advisory role.

Although she's never run for public office herself, Whitman served as national co-chair of John McCain's failed presidential bid last year. She's supported former Massachusetts governor Mitt Romney before he lost the Republican primary to McCain.

Whitman's likely rivals for the Republican ticket are state insurance commissioner Steve Poizner, another wealthy ex-Silicon Valley executive and former congressman Tom Campbell, now an economic professor at the University of California, Berkeley.

Whitman said in the coming weeks, through speeches in Silicon Valley, Orange County and at the California Republican Party Convention in Sacramento, she'll offer her vision for Golden State politics for 2010.

No word yet if campaign donations will be PayPal only. ®


Other stories you might like

  • Inverse Finance stung for $1.2 million via flash loan attack
    Just cryptocurrency things

    A decentralized autonomous organization (DAO) called Inverse Finance has been robbed of cryptocurrency somehow exchangeable for $1.2 million, just two months after being taken for $15.6 million.

    "Inverse Finance’s Frontier money market was subject to an oracle price manipulation incident that resulted in a net loss of $5.83 million in DOLA with the attacker earning a total of $1.2 million," the organization said on Thursday in a post attributed to its Head of Growth "Patb."

    And Inverse Finance would like its funds back. Enumerating the steps the DAO intends to take in response to the incident, Patb said, "First, we encourage the person(s) behind this incident to return the funds to the Inverse Finance DAO in return for a generous bounty."

    Continue reading
  • Big Tech begs Congress to pass $52bn chip subsidies bill
    This silicon business ain't cheap, you know, say execs at Alphabet, Amazon, Microsoft, Nvidia etc

    Big Tech in America has had enough of Congress' inability to pass pending legislation that includes tens of billions of dollars in subsidies to boost semiconductor manufacturing and R&D in the country.

    In a letter [PDF] sent to Senate and House leaders Wednesday, the CEOs of Alphabet, Amazon, Dell, IBM, Microsoft, Salesforce, VMware, and dozens of other tech and tech-adjacent companies urged the two chambers of Congress to reach consensus on a long-stalled bill they believe will make the US more competitive against China and other countries.

    "The rest of the world is not waiting for the US to act. Our global competitors are investing in their industry, their workers, and their economies, and it is imperative that Congress act to enhance US competitiveness," said the letter.

    Continue reading
  • Former US state agency CIO, IT exec plead guilty to bribery and extortion scheme
    Pair's multimillion-dollar contract caper unraveled

    A former Maryland Cabinet-level official and a former IT executive have pleaded guilty to involvement in a bribery and extortion scheme related to technology contracts about a decade ago.

    According to the US Attorney's Office of the State of Maryland, Isabel FitzGerald, 52, of Annapolis, Maryland, and Kenneth Coffland, 67, of Riva, Maryland, pleaded guilty last week to charges of bribery and extortion, respectively. They were indicted in 2017.

    From 2009 through September 2011, Coffland worked [PDF] at ACS, which held a $129 million IT hosting contract and $229 million applications contract with the State of Maryland Department of Human Resources (DHR). ACS, acquired by Xerox in 2010, managed the datacenter that hosted DHR applications for administering welfare benefits under federal and state programs.

    Continue reading

Biting the hand that feeds IT © 1998–2022