Hewlett-Packard Articles

HP to Report Quarterly Loss of Over $8 billion HP to Report Quarterly Loss of Over $8 billion

HP hinted today that it expects to report the third quarter of 2012 as its largest-ever quarterly loss. The losses, which total more than $8 billion, are the affect of a restructuring program and a services goodwill impairment charge of …

Can We Blame Social Sites For HP’s Restructuring? Can We Blame Social Sites For HP’s Restructuring?

Over the next couple years, print giant Hewlett Packard will scale back their workforce by as much as 8%, or 27,000 people. It is all part of a massive initiative to restructure the way the company does business, and to …

HP Job Cuts: Company Announces 27,000 HP Job Cuts: Company Announces 27,000
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HP announced a massive restructuring today, which it says will generate annual savings of $3.0 to $3.5 billion (exiting fiscal year 2014). These savings will be reinvested back into the company, HP says. The restructuring comes at the cost of …

HP Windows 8 Tablet Possibly Shown in Leaked Slide HP Windows 8 Tablet Possibly Shown in Leaked Slide

Brad Sams over at Neowin is reporting that the above slide is a real leak from part of an HP slide presentation. It depicts a mock-up of the “HP Slate 8,” a 10.1-inch tablet running Windows 8’s Metro user interface. …

HP Shareholders Want HP To Be Like Apple HP Shareholders Want HP To Be Like Apple

By all accounts, HP has had a rough year. A series of questionable business moves have left the company struggling to remain profitable. In an effort to set things right, HP CEO Meg Whitman has taken several steps to bring …

HP Announces Restructuring, Combines Printer And PC Groups HP Announces Restructuring, Combines Printer And PC Groups

Yesterday we reported on rumors that Hewlett-Packard was preparing a major reorganization that would combine its printer and PC businesses into one division. The Imaging and Printing Group (IPG) and the Personal Systems Group (PSG) will be combined to create …

Hewlett-Packard Preparing Major Reorganization, Will Combine PC, Printer Groups Hewlett-Packard Preparing Major Reorganization, Will Combine PC, Printer Groups

Hewlett-Packard may be preparing a massive reorganization that would see its PC and printer businesses merged. The restructuring would primarily serve to cut spending and streamline HP’s business. Citing “sources familiar with the matter,” AllThingsD is reporting that the current …

CIA Changing The Way They Buy Software CIA Changing The Way They Buy Software

The CIA is changing the way it buys technology in hopes to stay on top of the constantly evolving technology landscape. Reuters is reporting that in a meeting with software vendors on Tuesday, the CIA’s top tech officer, Ira Hunt, …

Meg Whitman Named New CEO of HP Meg Whitman Named New CEO of HP
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It’s official: Meg Whitman is your new CEO of HP, replacing Leo Apotheker after just under a year on the job. Apotheker was tapped in September of last year to replace CEO Mark Hurd, after Hurd resigned his position amid …

HP Buys Vertica, A Data Analytics Company

HP announced that it has signed an agreement to acquire a real-time analytics platform company Vertica.

HP says the pick-up will enhance the company’s capabilities for information optimization, and that Vertica’s platform will help its customers analyze massive amounts of data for "real-time business intelligence."

Alicia Keys to Headline HP Ads During Grammys

It’s been a big day for HP, who unveiled the TouchPad iPad competitor, and the Veer and Pre3 smartphones. All of these products run webOS. 

Robert Scoble says the company has "fired Microsoft" and that it is making Android "look even more creaky (and RIM, Nokia, Microsoft not in the game)." Not bad for PR. 

HP Taps SAP for CEO Position
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HP named Léo Apotheker, formerly CEO of SAP, as its new CEO to replace the recently ousted Mark Hurd. Apotheker will also join HP’s Board of Directors. 

HP Acquires Stratavia for Undisclosed Sum

HP has acquired Stratavia, a database and application automation company out of Denver.

HP says the addition of Stratavia will help strengthen its software and solutions portfolio, adding deployment, configuration, and management solutions for enterprise databases, middleware, and packaged applications.

HP’s goal is to simplify app deployment and management in hybrid IT environments.

HP CEO Out After Sexual Harassment Investigation
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HP has announced that Chairman, CEO and President Mark Hurd has resigned his positions. This comes following an investigation into sexual harassment claims made against Hurd and the company made by a former contractor.

The company says the investigation determined there was no violation of HP’s sexual harassment policy, but did find violations of HP’s "Standards of Business Conduct."

HP’s Acquisition of Palm is Complete
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Update: The acquisition is now complete. See releases from HP and Palm.

Original Article (04/28): Hewlett-Packard just announced its intent to buy Palm for $1.2 Billion at $5.70 per share. The transaction has already been approved by the HP and Palm boards of directors.

HP Buys 3Com for $2.7 Billion

HP announced today that it is acquiring 3Com, makers of network switching, routing, and security solutions, for $2.7 billion in cash (at 7.90 per share). Both boards have already approved the transaction.

HP says the combination of these two companies will transform the networking industry and "underscore HP’s next-generation data center strategy." The company believes this will help customers simplify networks and improve IT service delivery capabilities.

Lost Toolbar Deals May Sap Yahoo’s Market Share
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Last year, both Hewlett-Packard and Acer stopped making Yahoo the default search option on their computers.  Unfortunately for Yahoo, those decisions don’t seem ready to stay in the past, as one source indicates the company might gradually lose three percentage points of market share as a result. 

Microsoft Aims to Make Up for Black Friday Rip Offs

On Black Friday, Microsoft Live Search along with HP promised a 40% refund on items purchased in HP’s online store. The only problem was that the site for what was called Microsoft Live Search Cashback experienced an outage and then started delivering 3% refunds instead of 40%. Obviously, there were some unhappy campers as a result.

Do You Want to Want to Convert Feeds to PDFs?

Hewlett-Packard has an interesting new service that allows users to turn RSS feeds into deliverable, printable PDFs. The service is called Tablloid and works basically like other feed readers.

Microsoft Approved for $40 Billion Share Repurchase

Microsoft’s board of directors has approved a share buyback for Microsoft to the tune of $40 billion, with an expiration date of September 30, 2013.

The board also declared a quarterly dividend of $0.13 per share, reflecting a two cent or 18 percent increase over the previous quarter’s dividend. Said dividend is payable December 11, 2008 to shareholders of record on November 20, 2008. The ex-dividend date will be November 18, 2008.

HP Cracks Down On Ink Refills

You might want to think twice before refilling an ink cartridge; according to Hewlett-Packard, that act may be a patent violation. The company is going after retailers Walgreens and Office Max for the “offense.” Epson and Lexmark have taken similar actions in the past.