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 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 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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Hewlett Packard has announced a new laptop called the Chromebook 11 LTE, which has a retail price of $379 at Best Buy. The Chromebook 11 LTE is compatible with Verizon’s LTE network. The Chromebook 11 LTE is $100 more than the WiFi-only version. Chromebooks are heavily reliant on an Internet connection to be fully functional.
Hewlett-Packard Company (NYSE:HPQ) is getting back into the smartphone market by launching a 6-inch and 7-inch Android phablet (smartphone that is about the size of a tablet). Unfortunately, the devices will be launching in India first. Both of the devices are running on Android Jelly Bean, has a quad-core processor, 16GB storage, and microSD slot for 32GB of expansion. The 6-inch device has a 1280×720 display and the 7-inch has a 1280×800 display. Both devices have front-facing stereo speakers, a 2 megapixel camera, and 5 megapixel rear camera. It is unknown how much the devices will cost. The 6-inch is called the Slate 6 VoiceTab and the 7-inch is called the Slate 7 VoiceTab.