Hewlett-Packard

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Sex-Harass Probe Brings Down HP CEO

Mark Hurd resigns after investigation finds he violated 'business conduct' standards

(Newser) - Hewlett-Packard CEO Mark Hurd is stepping down following a sexual-harassment probe that found other violations of company standards, HP said today. Hurd decided to leave after the investigation into a sexual-harassment claim made against him and the company by a former HP contractor, according to the firm. The probe found...

Another Foxconn Worker Dead in Possible Suicide

Employee fell off company dorm building

(Newser) - Foxconn, the beleaguered Chinese company that produces products for Apple, Dell, HP, Sony, and other international electronics giants, has suffered what looks like another suicide. A man fell from a dormitory building to his death today, according to the official Xinhua news agency, and officials are investigating.

Why Microsoft Is Doomed to Be an Also-Ran
 Why Microsoft Is Doomed 
 to Be an Also-Ran  
Henry Blodget
Jun 21, 2010 6:42 PM CDT

Why Microsoft Is Doomed to Be an Also-Ran

Or worse. Its two biggest businesses—Windows and Office— are close to obsolete

(Newser) - Henry Blodget winds up big and delivers a broadside against Microsoft on Business Insider today . The fact that Apple's market value passed Microsoft's a couple weeks ago is only the beginning. Blodget points out that a huge majority of Microsoft's profits come from Windows and Office, and both are being...

'Suicide Factory' Workers Relocated to Avoid Raises

Only iPhone workers will get hefty wage hikes promised by Foxconn

(Newser) - Here's one way to avoid paying the hefty raises promised to 300,000 workers at the suicide-plagued Foxconn electronics plant in Shenzhen, China: move most of them to less expensive, remote plants in other parts of the country. Foxconn is apparently keeping the iPhone workers in Shenzhen, but moving Hewlett...

We're All Guilty in 'iPad Suicides'
 We're All Guilty 
 in 'iPad Suicides' 
OPINION
Jun 2, 2010 11:18 AM CDT

We're All Guilty in 'iPad Suicides'

Foxconn workers work crazy hours to build our toys for cheap

(Newser) - At least 10 young workers at China's Foxconn factory have killed themselves this year, and you could argue that pretty much everyone reading this was in some way complicit in their deaths. Why? Because Foxconn makes products for Apple, HP, Dell, Microsoft, Nintendo and more, so odds are that at...

13th Worker Attempts Suicide at China Plant

Man survives cutting himself at tech industry supplier

(Newser) - A Foxconn Technology worker tried to kill himself today, becoming the 13th person to commit suicide or attempt to do so this year at the company, which makes high-tech products for industry giants such as Apple, Dell, and Hewlett-Packard. Police said the 25-year-old man survived after cutting himself in his...

10th Suicide Strikes Apple Plant

Chinese worker kills himself hours after boss seeks to reassure media

(Newser) - On the same day that Apple, Dell, and Hewlett-Packard promised to look into working conditions at China's Foxconn plant, a 10th worker committed suicide, PC World reports. The death of the 19-year-old male worker also came just after the company's billionaire founder took the media on a tour of the...

Feds Join Inquiry of Alleged HP Bribes in Russia

Execs may face corruption charges in US

(Newser) - Hewlett-Packard allegedly paid millions in bribes to Russian officials to win contracts, and the US is finally on the case, the Wall Street Journal reports. The Justice Department—which can prosecute American firms for paying bribes to governments anywhere in the world—has joined Germany and Russia in a now...

Ballmer Points Way to Keyboard-Free World
 Ballmer Points Way to 
 Keyboard-Free World 
CES KEYNOTE SPEECH
Jan 6, 2010 9:10 PM CST

Ballmer Points Way to Keyboard-Free World

Microsoft chief shows off gear with touch, speech interface

(Newser) - In his keynote speech at the technology super-convention in Las Vegas, Steve Ballmer pointed the way to a future in which we won’t be chained to keyboards. The Microsoft chief took to the stage with a number of devices that instead use touch or sound for user interface, like...

Challengers to Apple Tablet Dominate CES

Microsoft, HP, Amazon, Lenovo launch preemptive strike

(Newser) - Denizens of the non-Apple world—Microsoft, HP, Lenovo, etc.—appear to be starting competition with the Mac-daddy’s rumored tablet computer before its expected unveiling later this month with a preemptive strike at the Consumer Electronics Show. But whatever the CES reveals, Apple is keeping mum. A look at...

HP: Our Computers Aren't Racist
 HP: Our Computers 
 Aren't Racist 
viral video
Dec 22, 2009 3:00 PM CST

HP: Our Computers Aren't Racist

Face-tracking software has a definite bias

(Newser) - Hewlett-Packard apparently needs a more diverse approach to product-testing: a viral video shows that the company's latest webcam face-tracking software doesn't work so well on black faces. HP has responded that the software measures the "intensity of contrast between the eyes and the upper cheek and nose," and...

Carly Fiorina Launches Calif. Senate Bid


 Carly Fiorina 
 Launches Calif. 
 Senate Bid 
ELECTION 2010
Nov 4, 2009 10:07 AM CST

Carly Fiorina Launches Calif. Senate Bid

Ex-HP chief would face Dem incumbent Boxer

(Newser) - Former Hewlett-Packard CEO Carly Fiorina says she'll run for the US Senate seat held by California incumbent Barbara Boxer. Fiorina ended months of speculation today with an announcement in an opinion piece she wrote for the Orange County Register. She's scheduled to make a formal announcement later in the day....

Highest-Paid Women in America

(Newser) - On the heels of its 2009 Most Powerful Women list, Fortune has compiled another of the best compensated females in the corporate world. The top 10 for 2008:
  1. Safra Katz, president, Oracle: $42.4 million
  2. Linda Chen, president, Wynn International Marketing: $23.9 million
  3. Sharen Turney, president and CEO, Victoria's
...

Tech Gains; Dow Up 96
 Tech Gains; Dow Up 96 
MARKETS
Apr 16, 2009 3:20 PM CDT

Tech Gains; Dow Up 96

HP, Nokia advance

(Newser) - Investors looked past bad news on home construction to signs of economic stabilization and drove broad advances in stocks today, the Wall Street Journal reports. HP rose 5.3% on reports that it’s the top computer seller. Nokia rocketed 11.5% on signs the cell-phone market was picking up...

Intel Unveils High-Speed Chip

(Newser) - Intel has rolled out a new chip for servers that will more than double the effectiveness of systems but consume no extra power, the Wall Street Journal reports. The Xeon 5500 excels at “virtualization,” allowing multiple operating systems and applications to run on one server—which Intel hopes...

Tech Stocks Fall; Dow Down 80
 Tech Stocks Fall; Dow Down 80 
MARKETS
Mar 9, 2009 3:19 PM CDT

Tech Stocks Fall; Dow Down 80

Google remains below $300

(Newser) - Withering tech stocks tugged the broader market down today, the Wall Street Journal reports. Hewlett-Packard fell 4.6% while IBM closed down 2.9%, Cisco dropped 3.95% and Google 5.9%—after that stock closed below $300 on Friday for the first time since January. The Dow fell 79....

Fiorina Has Surgery for Breast Cancer

Former HP CEO, McCain adviser 'doing great': chief of staff

(Newser) - Ex-Hewlett Packard CEO Carly Fiorina had surgery yesterday in California after being diagnosed with breast cancer Feb. 20, the San Francisco Chronicle reports. “She's doing great," her chief of staff said. "She only just learned about this.” After a controversial stint at HP, Fiorina went on...

Dow Off 251; Lowest Close Since '97
 Dow Off 251; 
 Lowest Close Since '97 
MARKETS
Feb 23, 2009 3:09 PM CST

Dow Off 251; Lowest Close Since '97

Financials do better on reports of that nationalization will be gentle

(Newser) - Stocks fell today as concerns about waning global demand sank shares of giants like IBM, Hewlett-Packard, General Electric, and Alcoa, the Wall Street Journal reports. Citigroup bucked the trend on reports that a government takeover wouldn’t wipe out shareholders, and rose 11%. The Dow fell 250.89 to 7,...

Dow Drops to 6-Year Low
 Dow Drops to 6-Year Low 
MARKETS
Feb 19, 2009 3:22 PM CST

Dow Drops to 6-Year Low

Fifth Third Bancorp reports losses

(Newser) - Stocks fell again today, with the Dow sinking to its lowest point in six years, MarketWatch reports. The usual financials led declines, with poor results from Fifth Third Bancorp souring sentiment. The Dow fell 89.68 points to close at 7,465.95. The Nasdaq lost 25.15 points, closing...

Even Microsoft Is Weighing Layoffs

Need to trim costs in weak economy has software firm looking at rare cuts

(Newser) - Microsoft could be considering the first large-scale layoff in its history, as it looks for ways to trim costs, reports the Wall Street Journal. Up to 15,000 positions are rumored to be at risk—6% of its workforce—but insiders say the cuts, across all divisions, are likely to...

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