Hewlett-Packard'sfiscal fourth-quarter profit rose 5.2% as the world's biggest computer maker saw increased demand for high-margin products such as servers and networking and storage equipment that offset lackluster consumer demand for PCs.
Oracle CEO Larry Ellison testified that rival SAP owes his company $4 billion for stealing intellectual property. SAP has admitted that its now-defunct subsidiary, TomorrowNow, stole customer-support documents from Oracle -- but contends that it only owes about $40 million.
The launch of Microsoft's long-anticipated motion-sensing video game, Kinect for Xbox 360, has heated the debate about whether facial-recognition software may be racist. A GameSpot review found the game didn't recognize dark-skinned players as well as light-skinned ones. How does this happen?
After Hewlett-Packard outbid Dell for cloud-computing company 3Par in September, Dell has moved on to a new -- and this time, seemingly painless -- acquisition target: Boomi. The company has developed software to more easily move data from the cloud to customers' computers.
Hewlett-Packard Corp. on Friday began selling its own tablet-style personal computer, marking the computer-making giant's entry into a rapidly-growing market dominated by Apple Inc.'s iPad.
Late Tuesday, PC maker Hewlett-Packard forecast a healthy growth in earnings and sales for fiscal 2011, as the company expands into consulting and computer security services. But the company remained mum on who will fill its CEO slot.
Avis Budget has increased its offer for Dollar Thrifty, firing the latest salvo in its bidding war for Dollar with archrival Hertz. It's a familiar pattern in the world of mergers and acquisitions, and the data shows that interlopers like Avis often a better chance of taking home the prize.
Well, that was fast. Hewlett-Packard has settled the lawsuit it filed against its former CEO Mark Hurd, who joined rival Oracle in early September after he was forced out of HP amid a sexual harassment probe.
The CEOs of America's largest companies are often coached by a team of public relations professionals, but every once in awhile an executive goes rogue. Here are some of the biggest verbal blunders made by well-known chief executives.
Interbrands' latest annual ranking of brand value once again has Coca-Cola as No. 1. But rising three spots within the Top 10 is Google. Now in the fourth spot, the search giant trails archrival Microsoft by only one rung on the brand-value ladder.