Arik Hesseldahl in News on May 24 at 8:55 am PT
The turnaround process is about 10 percent to 15 percent complete, CEO Meg Whitman says. That leaves a lot of turning yet to do.
Arik Hesseldahl in News on March 21 at 2:50 pm PT
Investors and analysts pass judgement on HP’s reorganization: They don’t like it.
Arik Hesseldahl in Enterprise on August 23, 2011 at 5:00 pm PT
What does Carly Fiorina think about last week’s HP moves — which might be seen as undoing her legacy? Someone, naturally, put her in front of a camera and asked.
Arik Hesseldahl in Enterprise on March 14, 2011 at 4:30 am PT
Hewlett-Packard CEO Léo Apotheker makes his all-important debut before the press and Wall Street analysts today. Much will be said about the new corporate strategy he lays out, but his most important task will be convincing all concerned that he’s the man for the job.
Arik Hesseldahl in Enterprise on January 21, 2011 at 3:45 pm PT
Drama in the boardroom at Hewlett-Packard during the last decade has often overshadowed the company itself. Perhaps yesterday’s sudden shake-up will bring that to an end.
Kara Swisher in News on November 1, 2010 at 10:00 am PT
After all Meg Whitman’s money and all those demon sheep thrown by Carly Fiorina, polls right now are showing that it is unlikely that either of them is going to emerge victorious in tomorrow’s elections in California.
And while both candidates drastically oversold their business credentials as just the thing the troubled state needs, it seems the magic of tech in California does not necessarily transfer to voter enthusiasm quite so neatly.
John Paczkowski in News on October 1, 2010 at 9:43 am PT
Hewlett-Packard’s decision to name Léo Apotheker as its new CEO hasn’t gone over particularly well with investors, who dragged the company’s stock into the mud this morning. At $40.50, HP shares are down 3.76 percent as I write this. So how is it going over internally, particularly with those execs who’d been internal candidates for the job?
Voices
Therese Poletti, Senior Columnist, MarketWatch, Tech Tales in News on August 19, 2010 at 3:00 pm PT
The drama and mystery surrounding Mark Hurd’s abrupt departure as chief executive of Hewlett-Packard Co. have shined an unflattering light on the company as we learn how he really changed H-P.
Wall Street loved his obsession with cutting costs, but employees did not. He brought even more major changes to the company’s once paternalistic culture, much like his predecessor Carly Fiorina, who pretty much killed the old H-P Way.
With Hurd at the helm, H-P became an even tougher place to work, with even less emphasis on innovating anything new.
Kara Swisher in News on August 9, 2010 at 5:15 am PT
Of course, because Silicon Valley is possibly the least sexy of places, any whiff of a scandal involving a powerful CEO and a blonde model/actress/cougar/contractor is going to get the lion’s share of the attention in the coverage.
Thus, the resignation Friday of Hewlett-Packard head Mark Hurd and the private settlement with consultant Jodie Fisher have morphed into a juicy summer potboiler.
Today, when the markets open, we’ll see if any of it matters to Wall Street or if investors have moved on to trying to determine the next moves for the tech giant and its leadership.
Kara Swisher in News on July 12, 2010 at 2:53 pm PT
It’s worth checking out an article in the New York Times today that points to a very questionable, but–as it turned out–politically savvy angel investment made by former eBay CEO and now Republican candidate for California governor Meg Whitman.
The piece alleges that Whitman’s $1 million investment in late 2008 in a Hollywood entertainment company called Tools Down! Productions was done to ease a prominent Republican strategist away from working for her rival for the GOP nod.
This kind of thing has happened before, of course.
But what’s interesting is to see Silicon Valley’s digitally enabled moneybags step up to the very stained political table and jump right into the game.
