hewlett-packard

Richard Waters

There will be business school case studies written about the different ways that HP has paid its recent CEOs (and plenty more on why it has had so many, but that’s a different story.)

It seems finally to have got the formula right. With Meg Whitman’ s pay deal, HP’s board has taken a stand against the general meritless escalation in CEO pay in America – and not just because of the $1 a year base salary it will give her. Read more >>

Richard Waters

Eighteen months after landing like a bombshell on the desk of HP’s then-CEO, the letter alleging sexual harassment against Mark Hurd has finally seen the light of day. But, for HP’s long-suffering shareholders, this will do little to answer what remains the most important question: Was the company’s board right to force out its highly-regarded CEO? Read more >>

Tech news from around the web:

Patricia Dunn, a former board chairman of Hewlett-Packard, has died at age 58 after a long battle with cancer, The Wall Street Journal reports. During her time on the board, the company was embroiled in controversy after it emerged that it had hired private investigators to identify the source of board-level leaks to the media. Read more >>

Tech news from around the web:

China has overtaken the US as the world’s biggest smartphone market by volume in the third quarter, Reuters reports. According to research company Strategy Analytics, smartphone shipments grew 58% to reach 23.9m units in China during the quarter, while US shipments fell 7% from the second quarter to reach 23.3m devices. Read more >>

Richard Waters

Hewlett-Packard is getting more stingy with its CEO pay and benefits, according to a regulatory filing made late on Thursday. Given what it has just cost the company for 11 months’ service from Léo Apotheker  – up to $33m, by our calculations – this should come as some relief for its long-suffering shareholders. Read more >>

Richard Waters

Hewlett-Packard’s executive suite looks like it’s in line for another upheaval: as the FT’s Joseph Menn reports, the company is considering showing CEO Léo Apotheker the door after less than a year.

But with all the comings and goings at the top, the company’s boardroom might be a better place to look to if the cycle of dysfunction is to end. Read more >>

Tech news from around the web:

Cut-price TouchPads – which were scrapped by Hewlett Packard last week as part of its decision to axe its webOS devices – are top of  Amazon’s electronics sales list, according to Engadget. The 16GB and 32GB models have taken the two spots, beating the Kindle and the iPod touch. There are also reports that UK customers will soon be able to get the TouchPad at knockdown prices – with rumours that the tablet will available for £89  and £115 for the 16GB and 32GB versions. Read more >>

Tech news from around the web:

Groupon competitor LivingSocial is considering a $1bn initial public offering, according to PaidContent. The IPO could value the social shopping site, which expects to generate $1bn in revenue this year, at $10bn-$15bn.

Hewlett-Packard’s chief executive officer Leo Apotheker has said the computer manufacturer is in talks to license its WebOS mobile software, says Bloomberg.  WebOS would give hardware makers a choice beyond Google’s Android and Microsoft’s Windows software as they seek to challenge Apple’s hold over the smartphone and tablet markets. Read more >>

Joseph Menn

In the latest salvo in a continuing battle between former allies, Hewlett-Packard on Wednesday filed suit against Oracle over the latter’s announced refusal in March to keep making new versions of its database software for HP servers based on the Itanium chip. But it is hard to know whether the case has much hope. Read more >>

Joseph Menn

Hewlett-Packard moved up its quarterly earnings release to before the US markets open Tuesday, two trading sessions earlier than planned, after a memo from its chief executive warned of tough conditions. Read more >>