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(Image from article: "HP kills TouchPad, may spin off PC business")

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Hewlett-Packard Profit Down 16%

Hewlett-Packard Co.'s first-quarter earnings declined 16% as the technology giant continued to see weaker sales in its core personal computer business, though adjusted profits beat the company's expectations.

 

Microsoft, HP skirted taxes via offshore units: Senate panel

Microsoft

Technology giants Microsoft Corp and Hewlett-Packard Co used offshore units to shield billions of dollars from U.S. taxes by taking advantage of loopholes and stretching the limits of the tax code, a U.S. Senate panel said on Thursday.

 

HP kills TouchPad, may spin off PC business

HP kills TouchPad, may spin off PC business

In a dramatic reshuffling, Hewlett-Packard Co. said it will end its tablet computer and smartphone products and may sell or spin off its PC division, bowing out of the consumer businesses.

 

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