Hewlett-Packard’s slump is deepening as the world’s largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.
Hewlett-Packard Co. said on Thursday that Chairman Ray Lane is stepping down and two board members will resign next month, two weeks after a near ousting by shareholders at the company’s annual meeting.
Researchers at Hewlett-Packard Co. say they’ve developed a way to put glasses-free 3-D video on mobile devices with a wide enough viewing angle to allow viewers to see objects more fully just by tilting the screen.
Hewlett-Packard said it is selling its webOS operating system technology to South Korea’s LG Electronics Inc. for an undisclosed sum.
Slumping personal computer maker Hewlett-Packard has shown signs of progress in its latest quarter, even though its earnings dropped 16 percent.
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.
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 is planning to cut about 2,000 more jobs than it had previously announced, as CEO Meg Whitman tries to turn the company around.
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.
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.