HP is about to make a big announcement, Bloomberg reports: it may be spinning out its PC business, possibly buying Autonomy Corp and definitely announcing its quarter earnings after the markets close today. Autonomy is a software company, and rumors say HP may be paying $10 billion for it. [Business Insider]

Centrify has announced that they have raised $16 million in Series D. They plan on using the funding for international expansion and continued revenue growth. Centrify provides security and compliance for on-premise and cloud-based systems. Centrify also provides applications to over 3,500 customers. Investors in this round include the Mayfield Fund, Accel Partners, Invesco Private Capital, and Sigma Partners.

Cadillac just announced a new EV, the ELR Coupe, which is built on GM’s Voltec platform. The ELR Coupe is based on the 2009 Cadillac Converj concept, but TechCrunch notes that it is built on the same platform as the Chevy Volt. The press release says that “details on performance, price and timing will be announced later.”

Police in California have arrested Temecula residents Brian Leach and Jose Reyes Gomez (photo above) on August 5th on suspicion of dealing a large amount of crystal methamphetamine and possession of drug paraphernalia.

AT&T has confirmed that new customers will see different options when signing up for a texting plan: either you pay for unlimited, or you pay by the text. The new options are an unlimited texting plan for $20 a month, an unlimited family texting plan for $30 a month, or paying 20 cents for each text sent. Picture and video messages will cost 30 cents per message for those who forego the unlimited plan. CNET reports that the change takes place on August 21st.

It’s almost that time of year again, the magical season of the Pumpkin Spice Latte that brings fanatics to Starbucks in droves. To amp up the excitement, the coffee giant is using Facebook to host a social marketing contest. The challenge and its companion app will be revealed on the Starbucks Facebook Page on Monday, reports Mashable. The contest will pit cities against each other, and the winning city gets the Pumpkin Spice Latte a week before its official release date.

Kodak’s patent portfolio is worth five times the company itself, and Kodak is responding to the siren song of “five times the money” by shopping some of its patents around. The company has been doing a lot of licensing of its digital imaging patents for the past few years, but it appears it’s time to sell a few of them. Business Week reports that Kodak hired Lazard Ltd. to market 1,100 of their patents, about 10% of the portfolio.

T-Mobile may no longer have a partnership with RadioShack, but that isn’t keeping them out of the game. The company is now teaming up with Family Dollar to sell the prepaid mobile LG GS170, which Engadget reports is a $30 phone and a $50-per-month plan. The discount chain will display T-Mobile products in endcap displays in almost 6,000 stores.