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It's Official: Meg Whitman Named HP CEO; Apotheker Out; Lane Is Exec Chairman
Done. Now what? Meg Whitman, former eBay CEO, is the new CEO and President of Hewlett-Packard. The move, which AllThingsD previously reported would happen today after the markets closed, is a dramatic...
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Whitman Talks to ATD About New Job at HP: "This Is an Icon"
Yesterday — right after she took over the reins at Hewlett-Packard — high-profile Silicon Valley tech exec Meg Whitman and Executive Chairman Ray Lane got on the phone with me to talk about her new...
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The Meg Whitman Era at HP Begins With a Conference Call (Audio)
And just like that, Hewlett-Packard, one of the world’s biggest technology companies and a Silicon Valley and American corporate icon, has a new CEO: Meg Whitman. Whitman made her first pronouncements...
View ArticleRay Lane's High-Profile Tech Friends Don't Necessarily Stay Best Friends Forever
Ray Lane hasn’t been shy about supporting high-profile friends in the tech world — or sharply revising his opinions as conditions changed. Thursday the leader of Hewlett-Packard Co.’s board reversed...
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Five Questions for HP's New CEO Meg Whitman and Chairman Ray Lane
It’s been an extraordinary week for Hewlett-Packard. On Monday, HP was a sleeping giant with an unclear strategy, an unpopular CEO and a stagnating share price. Then word came, via AllThingsD, that...
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Mike Lynch to Oracle: Oh, You Mean Those Slides
Autonomy CEO founder Mike Lynch apparently took Oracle’s PR bait, challenging his memory of a meeting with Oracle at which he was said to be seeking a buyer for his company. In a statement that seems...
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Apotheker's Exit Is Cheaper Than Expected for HP (But Still Pricey, Considering)
Léo Apotheker is gone from Hewlett-Packard, but he left so suddenly that the board of directors didn’t have time to finalize his severance package. That is until today. HP just filed an 8k with the...
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Oracle Buying Hewlett-Packard? Fuhgeddaboudit!
Amid all the recent drama that has unfolded at Hewlett-Packard — and the he-said she-said back and forth concerning Oracle and whether or not it was approached to buy Autonomy before HP ponied up —...
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Oracle's Larry Ellison, HP's Ray Lane and the Art of the Dart (Video)
Software giant Oracle had a thoroughly uneventful shareholders meeting today. So CEO Larry Ellison, given the occasion of a question from a shareholder, decided to end it on a feisty note, doing what...
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Hewlett-Packard's PC Market Share Grows, Raising Questions About Those...
Having announced to the world over the summer that it intends to get out of the PC business by spinning off its personal systems group into a separate company, you might have expected the resulting...
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HP's Look Ahead to 2012 Must Be Not Too Hot, Not Too Cold, but "Just Right"
Hewlett-Packard will today report results for its fourth fiscal quarter and its 2011 fiscal year. It will be the company’s first earnings announcement under its new CEO Meg Whitman, who stepped in as...
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HP's Whitman: Time to Rebuild the Balance Sheet
HP’s numbers are out, and while the quarter was better than expected — earnings were $1.17 per share on $32.3 billion in sales, beating the consensus view — opinions are split on the guidance. HP says...
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For HP, a Simple Argument With Oracle Over Intel's Itanium Chip
The legal sparring between Hewlett-Packard and Oracle over Intel’s Itanium chip is likely to get more contentious before the end of the week, as a deadline for a key filing from Oracle comes on Friday....
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Seven Questions for Bill Veghte, Hewlett-Packard's New Chief Strategy Officer
Earlier this week, Hewlett-Packard gave Bill Veghte, its executive vice president for software, a new title: Chief Strategy Officer. The job has been vacant since Shane Robison retired last year....
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Filing: Without Itanium Chip, HP Is "Strategically Screwed"
Last night, a California judge made some key rulings in the ongoing litigation between Hewlett-Packard and Oracle over the latter’s decision to stop supporting Intel’s Itanium chip. One thing Judge...
View ArticleKleiner Perkins Refills Wallet With $525M for Early-Stage Companies
Sand Hill venture capital firm Kleiner Perkins Caufield & Byers has closed its 15th fund today, at $525 million. As had been previously reported, the fund will not be managed by KPCB’s Brook Byers,...
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Former HP CEO Shifts Blame for Autonomy Deal to Chairman
Ever since Hewlett-Packard said it would write off $5 billion for Autonomy, the British software firm for which it paid north of $11 billion last year, a lot of blame has been cast on Léo Apotheker,...
View ArticleHP Moves to Head Off Investor Revolt
The board of Hewlett-Packard Co. is on the hot seat again. Chairman Ray Lane and three fellow board members plan to meet with about 20 of the computer maker’s big investors Monday in hopes of heading...
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Read the Letter Launching the Campaign to Unseat Three HP Directors
You’ve probably read today about the campaign launched by a group of pension fund managers who own a big block of shares in Hewlett-Packard to shake up that company’s board of directors. And if you...
View ArticleISS Urges "No" Votes on Three HP Directors
A major proxy-advisory firm is urging Hewlett-Packard Co. shareholders to oppose the re-election of Chairman Ray Lane and two other directors, citing lapses in supervision around the company’s $11...
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HP Wants Nothing More Than a Quiet, Uneventful Shareholder Meeting
Hewlett-Packard will today convene a meeting of shareholders in Mountain View, Calif. The proceedings are generally expected to be routine, which one might not expect, given the rocky period through...
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HP Board Members Survive Shareholder Challenge
Hewlett-Packard’s shareholder meeting at the Computer History Museum in Mountain View, Calif., is now over. All the directors have been reelected, though a few by very thin margins. Director Marc...
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Hewlett-Packard Chairman Ray Lane Stepping Down
Hewlett-Packard Chairman Ray Lane is stepping down from the chairmanship of the company. Director Ralph Whitworth will be taking over as Chairman while the company seeks to find a permanent...
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Interim Chairman Whitworth "Believes in HP's Turnaround"
Hewlett-Packard’s new interim chairman, Ralph Whitworth, just issued a statement saying he believes in the company’s turnaround strategy. Whitworth, the head of Relational Investors LLC, has more skin...
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IRS Says Former HP Chairman Ray Lane Owes $100 Million
Former Hewlett-Packard director Ray Lane owes the U.S. Internal Revenue Service about $100 million as the result of a tax dispute. Bloomberg News confirmed a rumor about Lane that has been making the...
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