Carly Fiorina Expected to Declare Candidacy for Republican Presidential Nomination

Carly Fiorina, former CEO of Hewlett-Packard, is expected to declare her candidacy on Monday for the Republican presidential nomination. NPR reports she will likely do so via video. Fiorina served as a surrogate in John McCain’s 2008 Presidential campaign, and…

Meg Whitman Confident Despite HP Stagnation

HP this week released its fourth quarter 2014 and fiscal 2014 full-year financial results. The company reported quarterly revenue of $28.4 billion, down 2% from fourth quarter 2013. Full-year revenue was reported to be $111.5 billion, down 1% year-over-year. HP’s…

HP 3D Printers: Multi Jet Fusion Coming in 2016

Like many PC manufacturers HP has been struggling in recent years. As consumers began to embrace portable computing devices such as smartphones and tablets, PC makers have seen sales of desktop and notebook PCs dwindle. When HP’s mobile device initiatives…

HP Is Breaking Up Into Two Companies

Last week, it was eBay announcing a break-up of its business with eBay and PayPal becoming two separate public companies. This week, it’s HP. Hewlett-Packard announced that it too will split up into two public companies – Hewlett-Packard Enterprise and…

HP Reports Positive Earnings For Fiscal Year 2013

Following a series of dismal earning reports, HP is finally showing signs that it is on the right track. The company today announced its fourth quarter results along with its fiscal year 2013 results. During the fourth quarter HP managed…

HP Shifts Leadership as Revenue Drops

Along with its third quarter 2013 results, HP this week announced that it is shuffling around its executive management. The company’s current COO, Bill Veghte will soon be the EVP and general manager of HP’s Enterprise division. According to HP,…

HP Out-Shipping Lenovo Notebooks For the Year

When this year’s second quarter financial results began to roll in, it became clear that PC shipments, including notebooks, were down for yet another quarter. The only company not largely affected seemed to be Lenovo, which overtook HP as the…

HP Predicted to Retake Notebook Lead From Lenovo

The second quarter of 2013 was a bust for PC manufacturers. Shipments of desktop and notebook computers were down nearly 11% from the second quarter of 2012. Only Lenovo was able to weather the waning market, raising shipments year-over-year by…

HP, Microsoft Team Up to Get Businesses Off Windows XP

Over one decade from its release and three new versions of Windows past, Windows XP remains one of the most popular operating systems in the world – and for good reason. XP was a stable operating system with loads of…

HP Slate 7 Announced, Specs and Price Released

It seems that mini-tablets are the product that tech manufacturers have decided they need to sell in 2013. While Amazon’s Kindle Fire and Apple’s iPad Mini dominate the category, the new flood of 7-inch to 8-inch tablets announced at this…

Autonomy’s Former Execs “Welcome” FRC Investigation

Back in November 2012, HP announced its dismal quarterly results and blamed around $5 billion of its $8.8 billion impairment charge on “serious accounting improprieties, misrepresentations, and disclosure failures” at Autonomy prior to its purchase by HP in 2011. Autonomy…

HP Could Sell Off Divisions to Shore-Up Revenue

2012 was certainly a bad year for HP. The company saw its revenues fall and its stock price followed. Tens of thousands of planned layoffs have been announced, and ts last two quarterly reports have included write-downs of more than…

Can HP Survive the Post-PC Revolution?

On November 20, 2012, Hewlett-Packard (HP) announced its second quarterly write-down of over $8 billion dollars in a row. That in itself is cause for alarm, but the fact that HP blamed the write-downs on two of its largest recent…

HP Announces New EVP of Enterprise Services

Back in August, HP announced a huge $8 billion write-down stemming from the loss of value seen in Electronic Data Systems (EDS). HP bought the company in 2008 for $13.9 billion. As part of the announcement, the company sacked John…

Autonomy Founder Starts Website to Combat Fraud Allegations

Autonomy founder Mike Lynch has been outspoken since HP leveled accounting fraud allegations against his former company. The executive, who left Autonomy earlier this year, has denied any wrongdoing and has shot back at HP, stating that mismanagement and infighting…

Autonomy Founder Issues Open Letter to HP, HP Responds

Ever since HP’s announcement that it will take an $8.8 billion impairment charge, mostly due to what it calls “serious accounting improprieties, misrepresentations, and disclosure failures” at Autonomy prior to its 2011 acquisition by HP, Autonomy founder Mike Lynch has…

Autonomy Founder Blames HP For Lost Billions

HP is seeing some massive blowback from its announcement that it has taken an $8.8 billion impairment charge, and that around $5 billion of it is due to ” serious accounting improprieties, misrepresentations, and disclosure failures” at Autonomy. HP purchased…

Autonomy Founder Fires Back at HP Amid Accounting Fraud Claims

The founder of enterprise search and knowledge management service company Autonomy is firing back at HP amid allegations that his company used sketchy accounting practices to inflate its value prior to its sale to HP in August 2011. In an…

HP Logs $8.8 Billion Impairment Charge For Possibly Fraudulent Accounting by Autonomy

Just over one year ago, HP bought Autonomy, an enterprise search and knowledge management service company for $10.2 billion. Today, HP announced it would be taking an $8.8 billion impairment charge due to what it calls “serious accounting improprieties, misrepresentations,…

Hewlett-Packard to Cut 2,000 More Jobs Than Previously Stated

Hewlett-Packard (HP) announced today that it would cut 2,000 more jobs than it originally reported back in May. This brings the total planned layoffs up to 29,000 by the end of fiscal year 2014. According to a Bloomberg report, a…