In a move to make Hewlett-Packard "a little more agile, a little tougher," chief executive Lew Platt announced a number of new initiatives to revitalize the company that he now plans to leave. HP will spin off its testing and measurement division, and offer new "e-services" to drive more revenue from the Internet.
Platt: HP to unveil "e-services" soon
Along with splitting the company, Hewlett-Packard will begin to offer storage capacity on a rental basis, act as a secure backbone for e-commerce, and more.
HP feels the need for speed, agility
CEO to step down after major shakeup