HP Shares Fall Heavily As Search For CEO Begins

Four of the board members believed to have been most responsible for the sudden departure of HP boss Mark Hurd are themselves being ousted, with the company confirming their membership to the board will not be up for renewal this...

UK Internet Service Providers (ISP) have said that government plans to block access all pornographic sites on the Internet are "technically not possible". The announcement comes just days after UK communications minister Ed...

The HP board has finally revealed the main reason behind the sacking of former CEO Mark Hurd.According to The Wall Street Journal, following the accusations of sexual harassment and of expense irregularities, the HP board felt...

IBM's CEO has slammed Hewlett-Packard for its research and development strategy, as well as its handling of former CEO Mark Hurd's dismissal.In an interview with the Wall Street Journal, IBM CEO Sam Palmisano criticised computer...

Eric Schmidt, Google's CEO, has confirmed at the IFA event that the search giant will be launching its Google TV service in the US this autumn and globally in 2011. Google TV will offer the full internet browsing experience on...

Mark Hurd, the former HP chief exec who resigned following allegations that he'd fiddled expenses claims to cover up an affair with one-time soft-porn actress Jodie Fisher, has been hired by IT giant Oracle. Hurd joins Safra...

Oracle has hired former HP CEO Mark Hurd as its new co-president and member of the board of directors.Hurd, who is a close friend of Oracle CEO Larry Ellison, has replaced Charles Phillips, who recently resigned from the position...

The Hewlett-Packard (HP) board of directors is being sued by the the Brockton Contributory Retirement System over the disclosure of information concerning the resignation of former CEO Mark Hurd.The shareholders are claiming that...

The chief executive of Hewlett-Packard (HP) Mark V. Hurd has resigned his position following accusations of sexual harassment and the submission of forged expense claims.HP initiated an internal inquiry on Hurd after a female...

Hewlett-Packard has claimed that its $1.2 billion acquisition of Palm was not about entering the smartphone market.ZDNet reports that HP CEO Mark Hurd, speaking at the ongoing Bank of America Merrill Lynch technology conference,...

Hewlett-Packard has confirmed its plan to use the newly acquired Palm WebOS in printers and Slates.Chief Executive Mark Hurd revealed that HP would use the WebOS for any web-connected devices, not just its smartphones, in a...

Hewlett-Packard and Microsoft have announced a three-year, US$250 million deal to develop hardware and software products which will be focused on management and virtualisation solutions for data centers, prepackaged solutions for...

Internet browser pioneer Mark Andreessen, the co-founder and chairman of Ning and the co-founder of Andreessen Horowitz, has been appointed to serve on HP’s board of directors, the company confirmed on Thursday. Andreessen...

Tech giant HP has announced that it will be cutting its employees' pay by an average of 15 percent across the board for one year in a bid to improve the firm's economic outlook. The company reported a 13 percent year on year...

Yesterday, HP agreed to buy EDS for $13.9bn with EDS shareholders receiving $25 per share in cash and helping HP doubling the size of its services arm in terms of revenue. HP paid an extra 25 percent for the IT services firm's...