Leo Apotheker

Meg Whitman, the former boss of HP, said she was happy to throw her predecessor Leo Apotheker "under the bus" in a moment of anger over the acquisition of Autonomy.

Hewlett-Packard Co and attorneys representing shareholders have agreed to settle litigation over its troubled $11.1-billion acquisition of British software company Autonomy Corp, according to a source familiar with the negotiations.

The lawsuit was filed after former chief executive Leo Apotheker shocked investors on August 18, 2011 by announcing plans to refocus the company on business services and products.

Hewlett-Packard Co must defend against a lawsuit accusing former management at the world's largest personal computer maker of defrauding shareholders by abandoning a business model it had long touted, causing more than $16 billion of market value to be wiped out.

Hewlett-Packard now has a legal headache to compound its misery as the company tries to recover from a series of setbacks that have hammered its stock price and raised doubts about its future. An HP stockholder who owns 200 shares is suing the company in a complaint that alleges management concealed problems in two key acquisitions that have turned...

CEO Meg Whitman has urged investors to be patient as she works to jumpstart revenue and cut costs.

Hewlett-Packard plans to offer a complete range of cloud computing services, HP chief executive Leo Apotheker said Monday as he outlined his strategy for the US computer giant. Apotheker, speaking in San Francisco at an event that was streamed over the Internet, also said that HP plans to release its touchscreen tablet computer, the TouchPad, in J...

Hewlett-Packard Co. said Monday it plans to raise its dividend for the first time in over a decade and one day soon sell "cloud computing" services to the public.The changes are part of CEO Leo Apotheker's efforts to chart a...

HP was preparing to fire its chief executive, less than one year after naming him to the post, according to several people with knowledge of the board's actions.

HP's decision to fire CEO Leo Apotheker after just 11 months and replace him with former eBay chief Meg Whitman is another dizzying turn of the company

Recently fired Hewlett-Packard CEO Leo Apotheker is walking away with more than $13 million in cash

The company expects to save $3 billion to $3.5 billion annually from the job cuts and other austerity measures.

The move will help the company streamline its business and save money to invest in growing areas.

The move comes at a time when sales of printers and ink, once HP's lifeblood, are falling amid declining demand and growing competition.

Hewlett-Packard Co's earnings fell nearly 44 per cent and the world's No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it struggles with weak sales of PCs and printers.

Meg Whitman, the former boss of HP, said she was happy to throw her predecessor Leo Apotheker "under the bus" in a moment of anger over the acquisition of Autonomy.

Hewlett-Packard Co and attorneys representing shareholders have agreed to settle litigation over its troubled $11.1-billion acquisition of British software company Autonomy Corp, according to a source familiar with the negotiations.

The lawsuit was filed after former chief executive Leo Apotheker shocked investors on August 18, 2011 by announcing plans to refocus the company on business services and products.

Hewlett-Packard Co must defend against a lawsuit accusing former management at the world's largest personal computer maker of defrauding shareholders by abandoning a business model it had long touted, causing more than $16 billion of market value to be wiped out.

Hewlett-Packard now has a legal headache to compound its misery as the company tries to recover from a series of setbacks that have hammered its stock price and raised doubts about its future. An HP stockholder who owns 200 shares is suing the company in a complaint that alleges management concealed problems in two key acquisitions that have turned...

CEO Meg Whitman has urged investors to be patient as she works to jumpstart revenue and cut costs.

Hewlett-Packard plans to offer a complete range of cloud computing services, HP chief executive Leo Apotheker said Monday as he outlined his strategy for the US computer giant. Apotheker, speaking in San Francisco at an event that was streamed over the Internet, also said that HP plans to release its touchscreen tablet computer, the TouchPad, in J...

Hewlett-Packard Co. said Monday it plans to raise its dividend for the first time in over a decade and one day soon sell "cloud computing" services to the public.The changes are part of CEO Leo Apotheker's efforts to chart a...

HP was preparing to fire its chief executive, less than one year after naming him to the post, according to several people with knowledge of the board's actions.

HP's decision to fire CEO Leo Apotheker after just 11 months and replace him with former eBay chief Meg Whitman is another dizzying turn of the company

Recently fired Hewlett-Packard CEO Leo Apotheker is walking away with more than $13 million in cash

The company expects to save $3 billion to $3.5 billion annually from the job cuts and other austerity measures.

The move will help the company streamline its business and save money to invest in growing areas.

The move comes at a time when sales of printers and ink, once HP's lifeblood, are falling amid declining demand and growing competition.

Hewlett-Packard Co's earnings fell nearly 44 per cent and the world's No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it struggles with weak sales of PCs and printers.