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All Posts Tagged Tag: ‘HP’

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 around $8 billion. The $8 billion charge stems from the acquisition of IT services company Electronic Data Systems (EDS). When …

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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 stay competitive in this market, quick adaptation is needed. They expect to reinvest the money they save from cutting labor …

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HP Job Cuts: Company Announces 27,000

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 27,000 jobs, as the company announced that it expects as many employees to exit the company. That’s 8% of its …

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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. Possible features of the tablet device are also listed, including digital pen input, a TPM embedded security device, and 8-10 …

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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 the company back onto firmer ground. As part of that, HP announced yesterday that they were beginning a massive reorganization …

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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 the Printing and Personal Systems Group. The new division will be headed by former Palm CEO Todd Bradley, who currently …

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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 executive vice president in charge of the Imaging and Printing Group, Vyomesh Joshi, will leave HP, and that the new …

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HP Planning Amazon Web Service Competitor

Hewlett-Packard is preparing to launch a cloud computing platform that will compete directly with Amazon Web Services. The project, which which will be more business-oriented than AWS, is expected to launch by May, according to the HP executive in charge of the program. In an interview with The New York Times, HP’s senior vice president and manager of cloud services …

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Twitter Algorithm Can Predict News Popularity

News sites already know how to modify their stories to gain maximum search potential, but what if you could do the same with Twitter? Researchers at HP Labs were looking into the very matter with their new research, “The Pulse of News Media: Forecasting Popularity.” The three researchers, Bernardo Huberman, Sitaram Asur and Roja Bandari used the API of Feedzilla …

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HP Spectre Ultrabook Teaser Video Reveals Great Video Production

Eventually, laptops won’t even be seen. They’ll be thinner than air, at least that’s where were headed in the battle for the world’s thinnest Ultrabook. Look for this word to trend heavily in 2012 as we see laptop manufacturers release their specs with measurements which will look like 0.50282827 inches, trying to out-do the competition by marginal differences. As of …

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