The former eBay CEO, a California Republican, vows to create private sector jobs and cut state payrolls.
Former eBay CEO Meg Whitman has announced her candidacy for governor of California, ending speculation that continued for months as she sounded out the state's Republicans in talks and polls.
The 53-year-old candidate has a huge advantage over other announced candidates -- she has oodles and oodles of money -- hundreds of millions of it acquired during her tenure at eBay. She recently gave $250,000 to the California Republican Party.
Whitman is promising to create private sector jobs while cutting state workers from the state payrolls. In her announcement speech in Republican stronghold Orange County on Tuesday, she criticized "liberal environmentalists" who "may not like jobs or people," according media reports.
She, and two other Republican gubernatorial candidates -- former Congressman Tom Campbell and Steve Poizner, the state's insurance commissioner -- face a tough statewide situation of high unemployment, a depleted state treasury, and fleeing businesses and even fleeing citizens.
"Honestly, when I talk about spending, I get mad," she said in announcing her candidacy. "I simply cannot understand how even politicians could have let things get so bad."
She is seeking to succeed Republican Governor Arnold Schwarzenegger, who can't seek re-election because of term limits regulations. Her eventual opponent could be former governor Jerry Brown, a Democrat, who had served as governor three decades ago.
While Whitman drove eBay to the top of the pile of successful Internet firms, she could be asked some pointed questions about her approval of eBay's purchase of Skype for $2.6 billion in 2005. The online auction company has lost money on the deal and Skype's founders, who left the firm after the acquisition, are currently embroiled in bitter litigation involving eBay.
InformationWeek has published an in-depth report on how predictive analytics, real-time monitoring, and the speed of in-memory technology are changing the value proposition of business intelligence. Download the report here (registration required).
How Enterprises Are Attacking the IT Security EnterpriseTo learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
2017 State of IT ReportIn today's technology-driven world, "innovation" has become a basic expectation. IT leaders are tasked with making technical magic, improving customer experience, and boosting the bottom line -- yet often without any increase to the IT budget. How are organizations striking the balance between new initiatives and cost control? Download our report to learn about the biggest challenges and how savvy IT executives are overcoming them.