Two of the big four accountancy firms have been named in a new lawsuit claiming damages for HP shareholders following the write-down of Autonomy. HP bought Autonomy in 2011 for $11.7bn, but last week claimed former managers at the UK ...
Tags: HP, Autonomy, SEC, UK software
Hewlett-Packard has reported an $8.9bn loss in its third fiscal quarter, with earnings 568% down compared with the same period the year before. Hewlett-Packard (HP) was forced to write down the value of some assets, mostly related to its ...
Tags: HP, Loss, Quarter, Computer Products
The year 2012 will go down in history as the year when people voted with their wallets and decided that tablets are good enough for work. The success of tablets has driven people to bring their own devices to work. Supporting these ...
Tags: tablets, managed desktop estate, PC suppliers, desktop virtualisation, IT
The Ministry of Defence (MoD) has signed a £17m five-year deal with HP for desktop IT break-fix services. "For the first time, the British Armed Forces can rely on a consistent and transparent level of support for IT assets in the ...
Tags: HP, desktop IT break-fix services, Ministry of Defence
IDG News Service - Hewlett-Packard has found new leadership for its Autonomy information management software division in the form of Microsoft executive Robert Youngjohns, HP announced Friday. Former Autonomy CEO Mike Lynch left the ...
Tags: Hewlett Packard, information management, software, Microsoft
Hewlett-Packard has had some bad quarters in its 73 years, but perhaps none as bad as its latest -- when it reported a loss of $8.9 billion on sales that fell 5% to $29.7 billion. The poor third-quarter results produced little drama on ...
Tags: HP, Wall Street, CEO, Meg Whitman
HP CEO Meg Whitman has reiterated the company’s commitment to its hardware business in a bid to reassure shareholders over the company’s future. During her keynote speech at HP’s annual Discover conference in Las Vegas ...
Tags: HP, hardware business, PCs, printing, servers, storage
Hewlett-Packard has no plans to launch a smartphone next year but will need to sell one eventually to avoid missing out on "a huge segment of the population," CEO Meg Whitman said Wednesday, clarifying remarks she made last month. Whitman ...
Tags: HP, Smartphone, CEO, Meg Whitman
Hewlett-Packard said Wednesday that it would take an $8 billion charge in its third fiscal quarter owing to weakness in its enterprise services division. The writedown is technically for "the impairment of goodwill" associated with HP's ...
Tags: HP, charge, third fiscal quarter, enterprise services division
Hewlett-Packard CEO Meg Whitman has again affirmed the company's commitment to its embattled Autonomy software division, saying that HP's fiscal health is stronger than some may believe. "There's been a lot of challenges, but a lot of ...
Tags: Hewlett-Packard, Software, information management, quite profitable
HP CEO, Meg Whitman, has confirmed that the company will be returning to the smartphone market a year after its failed Pre 3 smartphone and webOS operating system were released. The firm is developing a new smartphone, Whitman confirmed ...
Tags: HP, Meg Whitman, smartphone, webOS operating system
HP has no plans to launch a smartphone next year but will need to sell one eventually to avoid missing out on “a huge segment of the population,” CEO Meg Whitman said Wednesday, clarifying remarks she made last month. Whitman ...
Tags: HP, hybrid, laptop, Meg Whitman, PC, smartphone
HP is planning to "aggressively" seek recompense for alleged accounting fraud related to the acquisition of its Autonomy unit, which resulted in the vendor taking a non-cash impairment charge of US$8.8 billion. HP acquired Autonomy in ...
HP has appointed Mike Nefkens as Executive Vice President of HP Enterprise Services, it announced today. Nefkens, who has held the title of EMEA GM for HP Enterprise Services for the last three years, will now be responsible for driving ...
Tags: EMEA, enterprise services, executive vp, gm, highlightedpost, HP
Unless Hewlett-Packard gets its act together quickly, Lenovo will soon become the world's number one PC maker. If that happens, it's going to create a moment of national angst. Headlines would declare: Chinese firm becomes world's top ...
Tags: HP, Bad Quarter, America, PCs