Hewlett-packard | featured news

Lauded for making Hewlett-Packard Co. the world's biggest technology company, CEO Mark Hurd was in talks for a new contract worth about $100 million, according to a person familiar with the negotiations.

Hewlett-Packard Co. shocked Wall Street Friday afternoon with the announcement that its chairman and chief executive, Mark Hurd, is resigning immediately in the wake of a sexual harassment investigation that revealed ethics issues.

Hewlett-Packard plans to cut 3,000 jobs over the next few years as it ramps up its use of automated data centers for business customers, the company announced Tuesday.

Hewlett-Packard has agreed to buy struggling smart-phone maker Palm for nearly $1 billion in cash. HP said Palm's webOS operating system will help it compete in the smart-phone market.

Hewlett-Packard raises its outlook for its financial year after strong sales over the Christmas period lifted its profits by 25%.

You're hard pressed to find any sector of the tech economy that is getting more financing than cloud computing.

The $2.7 billion deal, valued at $7.90 a share, has already been approved by directors of both companies.

Carly Fiorina, former adviser to Senator John McCain's presidential campaign and former C.E.O. of Hewlett-Packard, is announcing she'll seek the Republican nomination to oppose Senator Barbara Boxer.

Hewlett-Packard confirmed Tuesday that it is testing Google's Android operating system as a possible alternative to Windows in some of its netbook computers.