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PC maker Lenovo says profit up 25 percent

(AP) -- Chinese personal computer maker Lenovo said Thursday its quarterly profit rose 25 percent on double-digit sales growth in developing markets.

HP board's selection of new CEO raises new doubts

(AP) -- Hewlett-Packard Co.'s board upset many investors when it forced out Mark Hurd as CEO nearly two months ago. Now, those directors appear to have baffled Wall Street with its selection of HP's new leader - Leo Apotheker, ...

HP completes acquisition of 3PAR

US computer giant Hewlett-Packard said Monday it has completed its acquisition of data storage firm 3PAR for 2.35 billion dollars.

Gadget makers focus on cost-effective temptations

(AP) -- Electronics sales rebounded in the just-ended holiday season, but the industry's biggest event will still have the recession hanging over it. The International Consumer Electronics Show, which opens Wednesday, will ...

Hewlett-Packard further beset by decline in printing

As if Hewlett-Packard Co. didn't have enough problems with its lagging personal-computer business and its admission it paid billions of dollars too much for software firm Autonomy, sales of printers - long one of the Palo ...

Hurd's Oracle gig: Is Ellison perk or problem?

(AP) -- As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley's most domineering bosses - Larry Ellison.

HP reaches settlement with DOJ in kickbacks case

(AP) -- Hewlett-Packard Co. said Monday that it has agreed in principle to settle a lawsuit by the Department of Justice, which alleged that HP and other technology companies paid kickbacks to Accenture PLC in exchange for ...

In HP split, each unit to face a test

If you cut one slow-moving mega-company in half, do you get two fast-moving innovators? Not even Meg Whitman, chief executive of Hewlett-Packard Co., is promising that. Whitman announced Monday that the computer industry ...

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.

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