Hewlett-Packard
Hewlett-Packard Claims Fraud Prompted $5B Overpayment For Company
Hewlett-Packard Co. said on Tuesday that it’s the victim of a multi-billion dollar fraud at the hands of a British company it bought last year that lied about its finances.
HP Says Acquired Company Lied About Finances
Hewlett-Packard Co. said that a British company it bought for $9.7 billion last year lied about its finances, resulting in a massive write-down of the value of the business.
Study Says Cyber Crime Increases, Attacks More Malicious
Cybercrime is up six percent from last year according to a new study conducted by the Ponemon Institute. The results released on Monday show cyber attacks have more than doubled over the last three years increasing the financial impact by 40 percent.
Hewlett-Packard Stock Dives After CEO Warns Of Earnings Slump
Hewlett-Packard CEO Meg Whitman expects the technology company’s earnings to fall during the next year as she struggles to fix a wide range of problems in a weakening economy.
Hewlett-Packard Expands Job Cuts By 2,000
Hewlett-Packard is planning to cut about 2,000 more jobs than it had previously announced, as CEO Meg Whitman tries to turn the company around.
Tech Report: Lexmark Exits Inkjet Printing Market
On Tuesday, Lexmark said that it is getting out of the inkjet printing market. The announcement follows last week’s dismal earnings report from Hewlett-Packard, which some analysts blamed in part on poor sales of printers.
Hewlett-Packard Reports $8.9 Billion Loss; Biggest In Company History
Hewlett-Packard says it suffered an $8.9 billion loss during its most recent quarter as the technology company accounted for an acquisition that hasn’t panned out the way management envisioned.
HP Wins Court Battle With Oracle Over Server Software Support
Computer maker Hewlett-Packard said it has won a big victory in its court battle to force Oracle to continue making software for one of its server lines.
SFPD’s Laptops, Apps To Keep Officers On The Streets Longer
The San Francisco Police Department will be sporting some new mobile technology thanks to a private-public partnership spearheaded by Mayor Ed Lee, that should keep officers out and about on the streets.
Hewlett-Packard Confirms Plans To Cut 27,000 Employees
Hewlett-Packard plans to jettison 27,000 workers as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers.
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