Hewlett-Packard Company (NYSE:HPQ) has agreed to pay $108 million and take on reporting and compliance obligations to settle a Justice Department and SEC investigation into potential violations of the Foreign Corrupt Practices Act, according to Reuters.
Hewlett Packard Posts
Hewlett-Packard Company (NYSE:HPQ) has made an agreement to pay $57 million to settle a lawsuit where the PC company was accused of allegedly defrauding shareholders. The lawsuit was filed after former CEO Leo Apotheker told investors in August 2011 that the company is planning to refocus the company on business services and products.
Hewlett-Packard Company (NYSE:HPQ) CEO Meg Whitman said on Wednesday that the computer giant has solved the two largest problems with 3D printers. One of the biggest problems with 3D printers today is that they are slow. “It’s like watching ice melt,” said Whitman.
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Hewlett-Packard Company has announced the HP 8 1401. The HP 8 is an Android-based tablet that has a low price of $169.99. The HP 8 measures at 7.8 x 5.3 x 0.31 inches and weighs 0.69 pounds. The resolution is 1024 x 768 pixels (163 pixels per inch). The HP 8 has a quad-core chip from Allwinner and 1GB of RAM. It also has 16GB of storage and a microSD card slot that is expandable up to 32GB with a battery that is 3800 mAh. The tablet is WiFi only and connects through 802.11b/g/n. It runs on Android Jelly Bean (4.2.2). When you buy the tablet, you will get 25GB of free lifetime cloud storage from Box.
Hewlett Packard has announced a new laptop at Mobile World Congress called the Pavilion x360. The Pavilion x360 looks similar to the Lenovo Yoga. The Pavilion x360 has a hinge that lets the 11.6-inch touchscreen fold back around 360 degrees so it can be used as a notebook or tablet. The Pavilion x360 is priced at $199 less than the Yoga 2. The Pavilion x360 costs $400.
Hewlett Packard CEO Meg Whitman made around $17.6 million in cash and stock options, according to the company’s annual proxy filing with the U.S. SEC. Most of this compensation was from stock options worth $12.7 million, including a bonus and stock awards worth around $4.4 million. Whitman’s base salary was $1. In 2014, she earned a base salary of $1.5 million.
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