Hewlett-Packard developing smartphone, CEO says

Hewlett-Packard Co. is working on a new smartphone as its core personal computers and printer businesses continue to dwindle, CEO Meg Whitman said in an interview Friday morning.

Dell profit slumps on 'challenging' PC market

Dell said Tuesday profits for the second quarter fell as the US tech firm faced a "challenging" PC market and pursued efforts to shift into areas such as software and cloud computing.

Trade protectionism stifling IT sector: study

Big emerging markets led by China are increasing protectionist measures in the tech sector, hurting one of the most dynamic parts of the global economy, a US industry study said Wednesday.

Dell buys 'cloud' computing company Wyse

Dell on Monday said it is buying Wyse Technology to expand its business offerings in the Internet "cloud" in the face of softening demand for traditional computing hardware.

PC market grows in 3Q, but sluggishly, firms say

Personal computer shipments continued to grow in the third quarter but at a sluggish pace, intensifying concerns about the industry's dimming prospects going into the all-important holiday shopping season.

Hewlett-Packard begins Palm unit layoffs

Hewlett-Packard said Tuesday that it has begun laying off workers as part of its move to give up on the webOS mobile operating system it got when it bought Palm.

Gartner sharply lowers 2011 PC growth forecast

Technology research firm Gartner has sharply lowered its forecast for personal computer sales growth for 2011, citing the weak economy and the impact of tablet computers.

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