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HP to pay $16.25M to settle FCC, DOJ case

(AP) -- Hewlett-Packard Co. has agreed to pay $16.25 million to settle allegations that it showered Texas school officials with gifts to win contracts funded by a federal program that pays for Internet connections for schools ...

Oracle plans to give Hurd $950,000 annual salary

(AP) -- Oracle Corp. plans to pay newly appointed co-President Mark Hurd a base salary of $950,000 annually and said the ousted Hewlett-Packard Co. CEO is eligible for a target bonus of $5 million in the current fiscal year.

HP claims win in legal battle with Oracle

Hewlett-Packard declared victory Wednesday in a legal dispute in which it accused business software titan Oracle of reneging on a contract to use HP servers.

Lenovo targets German market with bid for Medion

Chinese computer maker Lenovo said Wednesday that it would buy the electronics group Medion of Germany to double Lenovo's share of Europe's biggest personal computer market.

Apple surpasses HP as largest buyer of chips

(AP) -- Driven by the success of the iPhone and iPad, Apple Inc. has become the world's largest buyer of chips for computers and phones, a research firm said Wednesday.

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