Hewlett-Packard Co. is preparing to shed up to another 30,000 jobs as the Silicon Valley pioneer launches into a new era in the same cost-cutting mode that has marred much of its recent history.
Hewlett-Packard's ill-fated acquisition of software maker Autonomy will cost another $100 million, as the personal computer and printer maker prepares to settle class-action litigation tied to the 2011 deal.
SurveyMonkey said Thursday that it added Hewlett-Packard Co. CEO Meg Whitman to its board of directors.
Hewlett-Packard is moving forward with plans to split into two companies, filing paperwork to create a new entity that will sell commercial technology, while a separate spinoff will sell personal computers and printers.
Hewlett Packard Enterprise's stock rose nearly 14 percent on Friday, a day after the commercial technology vendor reported solid earnings in its first quarter as an independent company.
Hewlett-Packard's PCs, tablets and accessories are going to start using audio technology from Denmark's Bang & Olufsen.
Hoping to give a boost to its mobile-computing business, Hewlett-Packard unveiled eight new tablets and related products Tuesday aimed at educators, retailers, health care workers and other professionals.
The newly spun-off tech giant HP Enterprise has decided not to compete in public cloud computing and will seek partnerships with Amazon and others, chief executive Meg Whitman said Monday.
Venerable tech giant Hewlett-Packard has been struggling for three years to turn its business around. Its latest earnings show it still has more work ahead.