The $24.4 billion Dell buyout prompts reports of other tech investment deals, including a possible break-up of Hewlett-Packard. In November, HP CEO Meg Whitman said she'd "be very surprised" if HP wasn't an independent company in five years.
Yesterday, Hewlett-Packard announced that it was misled when it acquired the British software firm Autonomy last year. That acquisition forced the company to take an $8.8 billion hit to its bottom line last quarter.
Hewlett Packard says fraud is behind the big quarterly loss it unveiled this morning. The personal computing company is writing down $9 billion because of what it calls financial "misrepresentations" by a company it acquired last year.
Hewlett-Packard reportedly will announce it is laying off nearly one out of every 10 employees, as Meg Whitman tries to transform one-time pioneer.
Hewlett-Packard is planning to cut 9,000 jobs and spend $1 billion as part of a restructuring effort designed to consolidate and strengthen its...