Hewlett-Packard plans to separate into two businesses, one focused on PCs and printers, the other on corporate products and services, The Wall Street Journal reports.
While that's only a small dent in the overall PC market, which counts annual shipments in the hundreds of millions, it's making waves in key segments like education.
HP's much-rumoured return to the smart phone game could come sooner than we were expecting.
The company will try to compete with the likes of Apple and Android with a smartphone that will offer a "differentiated experience."
Todd Bradley steps down from HP's PC and printer unit to be replaced by Dion Weisler, a former Lenovo and Acer executive. HP is hoping the two can form an executive tag team to tackle China and Lenovo.
Three years after the $1.2 billion acquisition, Rubinstein says it's unlikely he would have supported the deal if he'd had any idea that Hewlett-Packard would abandon WebOS.
Hewlett-Packard is thinking a lot more about Android these days. CEO Meg Whitman focused on new Android products during the company's earnings conference call.
Wall Street was expecting earnings of 81 cents a share on revenue of $28 billion for the second quarter.
Hewlett-Packard's bet to be a server leader revolves around hyperscale servers, targeted workloads, power savings, and better density. At stake is HP's reputation as an innovator.
Hewlett-Packard turns over its board as investors are still seething over the Autonomy acquisition debacle.
All 11 board nominees were elected at annual shareholders meeting, despite controversy over Hewlett-Packard's botched $11.1 billion software acquisition.
Facebook's chieftain jumps to 99 percent approval from a middling 85 percent in Glassdoor's survey standings. Last year's winner, Apple's Tim Cook, takes a tumble.
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