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HARDWARE, ENTERPRISE, BUSINESS
NEWS
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HP today reports that they have found accounting irregularities that completely threw off their earnings for the entire quarter and by extension, year.
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ENTERPRISE, BUSINESS
NEWS
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Late Wednesday, AT&T said that it will take a $4 billion charge against earnings because its purchase of T-Mobile USA was a failed idea from day one.
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HARDWARE, BUSINESS
NEWS
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Meg Whitman, the new CEO of HP announced that the company will keep its PC unit. Probably the biggest winner of today is Mr. Todd Bradley, who lead the group in the past.
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HARDWARE, ENTERPRISE, BUSINESS
NEWS
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While changing of its CEO, HP is also changing its mind. On Friday, DigiTimes shared a rumor that Hewlett-Packard's decision to spin off their PSG (Personal Systems Group) unit will wait until the end of 2011.
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HARDWARE, ENTERPRISE, BUSINESS
NEWS
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It is now official, Meg Whitman will replace Leo Apotheker as Hewlett-Packard’s CEO. The HP Board of Directors has been called dysfunctional by nearly all of Silicon Valley because this is their seventh CEO choice since 1999.
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ENTERPRISE, SOFTWARE, BUSINESS
NEWS
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All Things Digital says that HP will fire at least 525 webOS employees starting this week.
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HARDWARE, BUSINESS
NEWS
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We spoke with several sources close to the action and learned interested news about the fate of HP PSG. The future of the company is looking better than HP's, we might add.
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HARDWARE, BUSINESS
NEWS
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SOFTWARE, BUSINESS
NEWS
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At Wall Street Journal's AllThingsD conference, HP CEO Leo Apotheker said, "I happen to believe that WebOS is a uniquely outstanding operating system. It's not correct to believe that it should only be on HP devices."
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ENTERPRISE, SECURITY
NEWS
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It is no secret that Intel Itanic fail to lit the high end market. Thus, we were not surprised to see Oracle releasing a rather short press release stating that they are done with developing for Intels Itanium CPU architecture.
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BUSINESS
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Thursday was a busy day for the HP's Board of Directors. They announced four new directors, a dividend for shareholders and that they were going to further investigate the firing of ex-CEO Hurd and the paid bonuses.
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ENTERPRISE, BUSINESS
NEWS
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Musical chairs continue. Mark Hurd left HP and landed in the co-President seat at Oracle. A previous Oracle President and COO just took over Hurd’s seat at HP. Léo Apotheker was named CEO and President of HP.
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