Originally published on Gigaom Research. HP has announced its final quarterly results prior to the break up into Hewlett Packard Enterprise —…
The rich get richer
Hewlett-Packard CEO Meg Whitman got a pretty good pay boost last year, receiving more than $19.5 million in total compensation for fiscal 2014, ending October…
On this, the best of all holidays, I give thanks for Twitter, clouds, Seeking Alpha and, yes Larry Ellison — just for being Larry Ellison.
HP’s braintrust says the largest corporate divorce in history is no distraction and even argued it was a good focusing exercise.
The specter of an HP-EMC merger loomed large over Monday morning’s Hewlett-Packard analyst call, which was held to discuss HP’s impending split into two public companies.
It’s true. The HP IT giant is dividing into two smaller, but still large entities, one focusing on enterprise IT, the other on PCs and printers.
Turns out breaking up isn’t that hard after all: HP plans to announce Monday that it will split itself into two companies, according to a report from The Wall Street Journal.
The Wall Street Journal reports that EMC and HP seriously discussed a “merger of equals,” but talks broke down over fear that shareholders would not swallow the deal.
Meg Whitman is now a triple-threat at HP — adding chairman of the board to her existing titles of president and CEO.
Hewlett-Packard’s board will discuss a succession plan at its next meeting in the wake of Ralph Whitworth’s resignation.
Legal combatants agree to put their differences aside and pursue former Autonomy CEO and CFO for alleged wrongdoing.
Even as it continues to feel reverbs from its three-year-old Autonomy purchase, HP may make smaller deals to bolster cloud, big data, and mobility efforts, said CEO Meg Whitman.
Todd Bradley and Dave Donatelli, once stalwarts in HP’s executive suite, have been sidelined of late and are now on their way out the door, Reuters reports.
HP which has bought its way into many markets in the past, will forge its own, independent path in 3D printing, said CEO Meg Whitman.
Traditional vendor alliances are under stress (to say the least) but a few partnerships bucked the trend this week in cloud.
Gulp. Meg Whitman says Hewlett-Packard is back in the buying mood — but not for Autonomy-sized companies — to boost its product portfolio.
Apple likes what it sees in Hewlett-Packard’s new energy-sipping Project Moonshot servers. At least according to Hewlett-Packard.
Saar Gillai says HP’s darkest days are behind it and with its new OpenStack cloud, the company is hitting its stride. Then again, what else would he say?
Dell is filthy rich and his empire is spread wide and far. There is a lot he can do with his time – politics for example. The question is why is Michael Dell putting his reputation and fortune on the line. I have an answer.
The latest drama in HP’s ongoing saga is a decidedly wishy-washy story that suggests the board is considering a break up of the company’s businesses.
Former HP CEO Carly Fiorina, who left that company under a cloud, now paints herself as an economic whiz kid on Sunday morning talk shows. Note to Fiorina: Not everyone has amnesia.
More questions around HP’s cloud strategy cropped up this week with the reported departure of Zorawar Biri Singh, SVP of HP Converged Cloud and GM for HP Cloud Services.
Hewlett-Packard’s Autonomy woes just keep on rolling; Cisco drops $1.2 billion on Meraki’s Wi-Fi smarts; and Amazon’s retail operations face sales tax bite on in more states — sparking questions on the impact on cloud services.
The Federal Bureau of Investigation is looking into HP’s allegations that former Autonomy management misled the company about its books, according to a Bloomberg News report. The SEC brought in the FBI because criminal acts have been alleged by HP management.
Autonomy’s former management, including Mike Lynch, deny HP charges that they misled, practiced bad accounting and failed to disclose key information to HP prior to its acquisition of Autonomy. HP has asked the US and UK authorities to pursue a criminal investigation.
Update: Hewlett Packard charges Autonomy with accounting improprieties, misrepresentations and disclosure failures and is pushing US and UK authorities to pursue criminal action. The company said $5 billion of an $8.8 billion charge is related directly to Autonomy’s misbehavior.
If recent history and changes in the technology industry are any indication, HP management & board doesn’t have the stomach to do what is necessary. And that is why I find this talk of the next 75 years ironic and funny and delusional.
Hewlett-Packard’s turnaround will take longer than observers had hoped. CEO Meg Whitman said the company should see traction by 2014 and that FY 2013 will be tough due to internal issues and macroeconomic “headwinds.”
Hewlett Packard and Dell, two companies that are the face of the PC business, reported terrible financial results for the second quarter of 2012. They talk about a cloud makeover. Too bad, they missed the mobile opportunity and have no presence in tablet & smartphone business. Oops!
The massive charge is related to HP’s enterprise services arm constructed around its $14 billion purchase of Electronic Data Systems (EDS) in 2008. The company will announce its third quarter earnings on August 22.
A UBS analyst is calling for the breakup of Hewlett-Packard arguing that the separate parts are way more valuable than the whole. Ironically, that’s the kind of thinking that got former CEO Leo Apotheker booted last year.
HP puts Silver Lake veteran George Kadifa in charge of software and promotes Bill Veghte to COO, all in a bid to fix its struggling enterprise software business — which was a key priority for former CEO Leo Apotheker and his replacement Meg Whitman.
The big news out of Hewlett-Packard’s second quarter earnings call is that the company will lose 9,000 employees in FY 2012, with former Autonomy CEO Mike Lynch among the departed. Enterprise software chief Bill Veghte will take over stewardship of Autonomy.
While 2011 was a bad year for Hewlett-Packard, it was a good one for chairman Ray Lane, at least financially. Lane logged more than $10 million in total compensation mostly in stock and options — for the fiscal year, according to the HP proxy.
Hewlett-Packard, the world’s biggest PC maker, has cycled through a flurry of client device strategies in the past year. Those changes, including the discontinuation of the TouchPad, bred confusion not only about HP’s hardware roadmap but also about its ability to drive future cloud services.
HP’s WebOS is up in the air and we now have a new player that apparently wants to catch it: Amazon, the upstart etailer that come to dominat…
There are a lot of naysayers when it comes to the appointment of Meg Whitman as the new chief executive of the beleaguered technology giant, Hewlett-Packard. Scott McNealy, the co-founder and ex-CEO of Sun Microsystems, isn’t one of them.
Hewlett-Packard canned CEO Leo Apotheker because of miscommunications and lack of teamwork, not because of his grand enterprise software-and-cloud strategy for the IT giant, said Ray Lane, newly minted executive board chairman for HP. Both he and new CEO Meg Whitman back Apotheker’s strategy. For now.
HP (NYSE: HPQ) capped off a surreal month during which it put its PC group on ice and shelved its tablet hardware group by firing CEO Leo Ap…
Looks like HP (NYSE: HPQ) might be approaching a critical point later today. Board member Meg Whitman, according to sources, is expected to…
The anonymous sources were right: Meg Whitman is now president and CEO of Hewlett-Packard (s HPQ), replacing fellow HP board member Leo Apotheker. And, Ray Lane moves from non-executive to executive board chair. But no one expects the furor to die down anytime soon.
In a development that has to make you wonder where HP’s board of directors was this summer, the group is reportedly considering whether or n…
Will Jerry Brown deliver on his green energy promises in his second go-round as California governor?
The controversial PG&E-backed Prop 16 looks like it’s going to be defeated, and former tech execs Meg Whitman and Carly Fiorina both won their races in Tuesday’s election. Those were some of the results that could effect the greentech industry in California.
California will have a new governor come November, and while the race is still open, it’s looking like it’ll be a contest between Democrat Jerry Brown and Republican Meg Whitman. How important will a green platform be to securing the gubernatorial race?
Love him or hate him, California Governor Arnold Schwarzenegger represents large shoes to fill. But with the upcoming gubernatorial election in November, Schwarzenegger will be replaced by a leader tasked with shaping one of the most aggressive U.S. states in terms of greentech regulation.
Executives from eBay and Craigslist testified in a Delaware court this week over the auction giant’s stake in the classifieds leader. If you didn’t fork over $400 for today’s live stream of the culture clash between the folksy Craigslist and pragmatic eBay, here’s the wrap-up.
Meg Whitman, former chief executive officer of eBay, defended her decision to buy Skype in a radio interview with KTKZ’s Capitol Hour…
Meg Whitman, who announced her retirement as eBay (NSDQ: EBAY) CEO last January, is considering a run for California governor, the WSJ repor…
Overwhelmed by the detail, options, and information available in most run and bike-tracking apps? Then you might find the simplicity of Fitnio,…
The Financial Times thinks so. The British paper quotes eBay’s CEO John Donahoe as saying the online auction firm will test Skype…
So it’s official: Meg Whitman, CEO of eBay, will retire in March, making way for her former Bain Capital colleague John Donahoe,…