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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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