Hewlett Packard Posts

Hewlett-Packard Company (HPQ) reportedly settles Autonomy lawsuit

HP Logo
Hewlett-Packard Company (NYSE:HPQ) will be announcing a settlement on Monday of 3 shareholder lawsuits over its $11 billion acquisition of Autonomy, according to Reuters.
Continue reading →

Hewlett-Packard Company (HPQ) launches network of cloud services called Helion Network

hp-helion
Hewlett-Packard Company (NYSE:HPQ) has announced The Helion Network, which is based on the company’s OpenStack Helion Cloud platform, which is a worldwide open network. The service is hardware agnostic, meaning that it is compatible with most operating systems.

Continue reading →

Hewlett-Packard Company (HPQ) is working on a new free and open-source operating system

HP Logo
Hewlett-Packard Company (NYSE:HPQ) CTO and head of HP Labs Martin Fink demonstrated a new data center computer that is known internally as “The Machine.”

Continue reading →

Hewlett-Packard Company (HPQ) is building a supercomputer that competes against IBM’s Watson

HP Logo
Hewlett-Packard Company (NYSE:HPQ) is going to challenge IBM by launching two supercomputers that will compete against Watson. IBM’s Watson computer was so intelligent that it was able to compete with humans on the TV show “Jeopardy!” HP will be marketing the supercomputers with the name Apollo. The Apollo 6000 will be appealing for enterprise clients that need supercomputer power. The Apollo 8000 will compete with Watson in the high end of the market. The supercomputers will be cooled with water. Apollo will likely be purchased by government agencies due to high costs, just like Watson.

The HP Split X2 laptop-tablet hybrid is coming in July with a $599 price-tag

Screen Shot 2014-06-02 at 8.29.36 AM
Hewlett Packard recently announced the new Split X2 device, which will be arriving in the U.S. on July 16th. The Split X2 is a laptop that can be split into a tablet. The Split X2 has Intel’s latest Bay Trail Intel Atom or Haswell processors with a starting price of $599.
Continue reading →

HP to fire over 10,000 employees by end of next year

HP Logo
Hewlett Packard CEO Meg Whitman said that there has not been any significant changes in the company outlook, but there will be layoffs. HP is going to fire between 11,000 and 16,000 employees by the end of next year. This amounts to around 3-5% of HP’s overall employee base. The job cuts were disclosed in HP’s second quarter results.

Continue reading →

Hewlett-Packard Company (HPQ) to spend $1 billion on new cloud services brand

HP Logo
Hewlett-Packard Company (NYSE:HPQ) has renewed a promise with a pledge to invest $1 billion over 2 years to build new data centers, increase staff, and boost its cloud services. The name of the plan is called Helion and it is the company’s plan to double down on the open-source cloud operating system, OpenStack. HP will offer two versions of OpenStack — one called the Community version (free) and a commercial edition that will have a full range of HP management tools. HP announced a partnership with Foxconn last week to build stripped down services in order to win new business from cloud companies.
Continue reading →

Hewlett-Packard Company (HPQ) to pay $108 million to settle SEC corruption probes

HP Logo
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.

Continue reading →