Sterne Agee analyst Shaw Wu on Friday downgraded his recommendation of Hewlett-Packard to neutral, noting that the company is worthless and its stock should be valued at negative $2, Business Insider reported. The analyst called the company’s balance sheet “a mess” and said its was “fortunate the stock’s not zero.” Outside of HP’s problematic balance Continue Reading →
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Yesterday, as President Barack Obama and Governor Mitt Romney were preparing to debate how to fix the country’s economic mess, Hewlett-Packard CEO Meg Whitman was delivering a stunning confessional speech at HP’s analyst briefing day, describing how bad things were at HP and making promises to fix them. She projected that the company would continue Continue Reading →
Hot off news that Hewlett-Packard will take another stab at building a smartphone, SlashGear has learned that the company is already testing a device code-named “Bender” running Android 4.0 Ice Cream Sandwich. Alleged benchmark tests reveal that the Bender has a Qualcomm S4 dual-core processor clocked at 1.5GHz and a display with a 1366 x Continue Reading →
Hewlett Packard has a long and rich history of innovation in Silicon Valley. As one of the first major computer companies to set down roots there, it has ties with nearly every maker to come after it, even Apple. Founder Steve Jobs famously contacted Bill Hewlett directly to see if he could score some spare Continue Reading →
Hewlett-Packard on Thursday announced an Envy X2 tablet-laptop hybrid device with the Windows 8 OS, signaling the company’s re-entry into the consumer tablet market, which it abandoned after the highly publicized failure of its TouchPad product. At first glance, the HP Envy X2 resembles a netbook, with a keyboard base and an 11.6-inch touch display. Continue Reading →
Tech juggernaut Hewlett-Packard this morning announced that Snapfish, a Web-based photo sharing and printing service it acquired back in 2005, has debuted a new Web app called SocialPics. Basically, it automatically curates your Facebook Timeline – covering any photos, comments and status updates within a specific timeframe – and lets you print out the cream Continue Reading →
Hewlett-Packard has posted a swingeing quarterly loss of $8.9bn after a gigantic writeoff of value of its services division, as it struggles to cope with falling revenues in other core areas including PCs and printing. Chief executive Meg Whitman warned that “we are still in the early stages of a turnaround” as she told analysts Continue Reading →
When Hewlett-Packard finally releases Open webOS, the open-source version of the mobile operating system originally developed by Palm, it won’t support the devices on which its predecessor was designed to run. The Open webOS project announced Tuesday evening that the fledgling OS won’t support any existing webOS hardware. “For open webOS we are aiming for Continue Reading →
The standardized tests administered by the states at the end of the school year typically have an essay-writing component, requiring the hiring of humans to grade them one by one. This spring, the William and Flora Hewlett Foundation sponsored a competition to see how well algorithms submitted by professional data scientists and amateur statistics wizards Continue Reading →
Sources close to Hewlett-Packard say a massive reorganization of the company will be announced soon, in which the PC and printing divisions will be combined in an effort to streamline operations and cut costs. Read the full story at All Things D Continue Reading →