HP has confirmed that the U.S. Department of Justice launched an investigation stemming from the Palo Alto company’s allegations that it uncovered widespread accounting fraud at Autonomy, the British software maker it acquired for $11 billion last year. HP confirmed the investigation in its annual report filed Thursday with the U.S. Securities and Exchange Commission, though it offered no further… → Read More
Back in May, HP announced that it would cut 27,000 jobs in an effort to reduce costs. In an SEC filing today, the company announced that the plan will be even more important than that by bringing the job cuts to 29,000. It expects to save $3.7 billion by 2014. It might not even be enough to offset HP’s current situation.
The company employs around 350,000 people worldwide. But the layoffs… → Read More
A mixed bag of news for HP today: it has posted Q2 sales that have just edged out analyst expectations, but it has also confirmed 27,000 job cuts that should save the company between $3 billion and $3.5 billion by 2014.
The company is a tech behemoth: it employs 350,000 people worldwide, before these cuts were announced. This means the cuts are equivalent to about 8 percent of its workforce. → Read More
Remember when researchers said a security vulnerability could allow hackers to remotely take over Hewlett-Packard LaserJet printers and even cause them to burst into flames? Fun times, for sure.
Of course, HP was quick to point out that the researchers had it all wrong, lamented the “sensational and inaccurate reporting” surrounding the supposed security flaw and said not a single customer had… → Read More
Hewlett-Packard has acquired a German company called HIFLEX, based in Aachen, which develops software that helps companies in the print and media industries automate their business and technical processes.
HIFLEX products include HIFLEX MIS (Management Information System), HIFLEX Print Support and an open web-to-print system dubbed HIFLEX Webshop. → Read More
Hewlett-Packard has acquired a German company called HIFLEX, based in Aachen, which develops software that helps companies in the print and media industries automate their business and technical processes.
HIFLEX products include HIFLEX MIS (Management Information System), HIFLEX Print Support and an open web-to-print system dubbed HIFLEX Webshop.
Read more at TechCrunch Europe. → Read More
Hewlett-Packard has announced that former Verizon Wireless SVP and CIO John Hinshaw has agreed to join the company to serve as its executive vice president of Global Technology and Business Processes, a newly created position.
Hinshaw most recently worked at The Boeing Company, where he was vice president and general manager of Boeing Information Solutions. His job there involved delivering… → Read More
As I write this, I’m sitting in a cafe. Around me, there are five people on laptops — four of them are MacBooks. Four other people are using tablets — all four are iPads. Welcome to the Post-PC world.
That phrase was one of the first things that jumped to my mind today when I heard the news that HP was not only killing off their TouchPad and Pre webOS-based products, but also trying to… → Read More
According to a study conducted by Minnesota-based research firm Vocal Laboratories (aka Vocalabs), Apple’s lead in tech support quality is slipping, while consumer satisfaction scores for HP are improving.
Vocalabs interviews people by telephone right after a customer service experience, and for this study completed 4,161 surveys between May 2008 and June 2011. → Read More
The world has been waiting for an official Facebook tablet app, and waiting, and waiting. But that app may not appear on the iPad first (although Facebook is working on an iPad app for sure). Instead, Facebook’s first tablet app will appear on the HP TouchPad, which comes out this Friday and runs the WebOS it bought with Palm. Unless the iPad app also launches this week, the TouchPad will… → Read More
If you look at how Apple fares on the public markets today, compared to other tech powerhouses, you’ll notice that the Cupertino computer giant is currently valued at roughly $301 billion, which is close to the sum of the market cap of three of its closest rivals: Microsoft (~$200.3 billion), Hewlett-Packard (~$72.8 billion) and Dell (~$29.3 billion).
Market cap is of course just one metric –… → Read More
It’s big screen week on Fly or Die. This week, John Biggs and I take a look at the HP Touchsmart All-in-One PC, a 14-inch Toshiba portable monitor, and the new Businessweek iPad app. As usual, a surprise guest joins us to defend his company’s product decisions.
HP has been trying to bring touch computing to desktop PCs with its Touchsmart line. The problem has always been that raising your… → Read More
Some of you (hopefully all of you) have been following the UCSF drive to build a children’t hospital in San Francisco. We are enthusiastically supporting the project, as are countless other businesses, blogs and individuals. Marc and Lynne Benioff, in a hugely generous moment, gave $100 million to help build the hospital. Zynga has also gotten in the mix and is likely to contribute a substantial… → Read More
California politics blog Calitics has unearthed some interesting data about the $1 million in funding behind the recent round of television ads against Democratic attorney general candidate Kamala Harris. Digging deeper into the contribution history of the Republican State Leadership committee, the Karl Rove-backed group behind the ad campaign, reveals contributions from four top Silicon Valley… → Read More
Hewlett-Packard this morning announced that it has now completed the acquisition of security and compliance management company ArcSight for $43.50 per share, or an enterprise value of $1.5 billion.
ArcSight helps protect enterprises and government agencies against cyber threats and other risks by providing complete visibility and insights into their IT infrastructure across all users, networks… → Read More
During my brief tour of the HP workstation lab, I was impressed by HP’s engineering history as well as the rigor they apply to testing and integrating hardware components. But as a customer, I know that what happens after the sale is just as important as what happens before the sale. You can have the best engineering discipline in the world, but your products will still wear out, or break… → Read More
When you think about it, building a computer isn’t that difficult today. Intel publishes reference designs for their motherboards, so a lot of the work has been done for you already. But to build a computer that you can guarantee will work in a number of potentially hostile environments requires a deep understanding of computers and electronics, but also requires the resources to test and… → Read More
I recently had the pleasure of touring the HP Workstation facility in Ft. Collins, Colorado. I was there with a number of other journalists, both web and print, for a behind-the-scenes look at what goes into the construction and support of HP workstations. The word “workstation” is often used interchangeably with the word “computer” in a lot of general conversations, and… → Read More
One thing Hewlett Packard has done well over the last five years since CEO Carly Fiorina stepped down: make money. A lot of that is thanks to Todd Bradley, EVP Personal Systems Group. If you think you’ve seen him before, you probably have. Bradley often speaks at tech events, and he’s the only HP exec I’ve ever seen out in the tech community. At a recent Fortune Brainstorm event in Colorado he was… → Read More
Despite numerous advancements in printer technology, the fundamental failing of almost every consumer printer on the market today is the necessity to install printer drivers. Usually these drivers are accompanied by all manner of essentially junk software that “helpfully” pop up reminders when your printer is out of ink, or out of paper, or whatever. Hewlett Packard is making what appears to be an… → Read More
The bidding war continues.
Dell announced today that 3PAR has accepted its increased offer to acquire the storage leader for $27 per share in cash, or approximately $1.8 billion.
Dell had previously signed an agreement to acquire 3PAR for $18 per share or $1.13 billion, with a provision for matching competing bids.
HP then effectively outbid the company and offered $1.6 billion, but Dell … → Read More
Dell announced this morning that 3PAR has accepted its increased offer to acquire the storage company for $24.30 per share in cash, or approximately $1.6 billion, net of 3PAR’s cash.
Dell had previously signed an agreement to acquire 3PAR for $18 per share, with a provision for matching competing bids.
HP subsequently outbid Dell for the data storage company, offering $24 per share in cash, or… → Read More
Softcore-porn-actress-turned-marketing-consultant Jodie Fisher wasn’t the only person who failed to be enamored by HP CEO Mark Hurd, who was forced to resign as a result of an investigation into his relationship with Ms. Fisher. According to Glassdoor, a site where employees can anonymously rate companies and CEOs, Hurd had the lowest employee approval rating of any major tech CEO. Only 34… → Read More
Mark Angelino, formerly vice president at IBM and President at Sprint, was responsible for the adoption of Salesforce’s sales, call center and platform services in North America from May 2009 until last month.
As you can tell from the screenshot above, he left Salesforce.com in June to become Senior Vice President at another company, but he played coy and marked his new employer’s name ‘Guess… → Read More
Mark Angelino, formerly vice president at IBM and President at Sprint, was responsible for the adoption of Salesforce’s sales, call center and platform services in North America from May 2009 until last month.
As you can tell from the screenshot above, he left Salesforce.com in June to become Senior Vice President at another company, but he played coy and marked his new employer’s name ‘Guess… → Read More
As widely expected following the approval by Palm shareholders, the acquisition of the company by Hewlett-Packard for roughly $1.2 billion has today been announced closed.
The price, as previously announced, is $5.70 per share of Palm common stock, paid in cash.
Once again, HP repeats that it intends to double down on the innovative webOS platform and Palm’s line of smartphone. The company… → Read More
Phoenix Technologies today announced that Hewlett-Packard has agreed to purchase the assets related to its HyperSpace, HyperCore and Phoenix Flip instant-on and client virtualization products.
The consideration for the transaction is $12 million in cash and the closing is expected to occur this month. → Read More
Hewlett-Packard has killed off its much ballyhooed Windows 7 tablet computer, says a source who’s been briefed on the matter.
The device was first unveiled by Microsoft CEO Steve Ballmer at CES 2010 in January and was supposed to hit the market in mid 2010. But our source tells us that HP is not satisfied with Windows 7 as a tablet operating system and has terminated the project (something … → Read More
Hewlett Packard is announcing that their new line of LaserJet printers is coming with an exciting new technology called “Smart Install”. This thrilling — nay, amazing! — technological development allows users to install only the print driver necessary to print from their computer to their Hewlett Packard laser printer. No more shall users be required to install all the other fluff that printers… → Read More
Yesterday, Microsoft and HP announced a joint call to discuss a significant partnership. Now we know what it is. According to another announcement issued today, the two tech giants are jointly investing $250 million in a cloud computing venture.
The solution will advance existing cloud computing by speeding application implementation and will be built on a next-generation… → Read More
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