HP to cut 27,000 jobs to save up to $3.5B annually

Hewlett-Packard Co. is cutting 27,000 jobs in an effort to recover from management missteps that hobbled the Silicon Valley pioneer as its rivals raced ahead with more innovative products and services.

Jury: Google didn't infringe on Oracle patents

Web series touts funky concept snowboards

In the summer of 2010, Signal Snowboards created the Web series "Every Third Thursday" to showcase the company's experimentation with funky concept boards. Think Science Channel’s “How It’s Made” — except with a lot more sass and a funkier setting.

In the future, your skin could solve your heart problem

Amazon offering more than 2,000 titles for the first time on DVD

Why Startups Need to Control Their Own Destinies

Play on: Google posts synthesizer tribute to Moog

Bob Moog's synthesizer helped change the sound of modern music. On what would have been his 78th birthday, Google is paying tribute to the man with a virtual version of his famous Moog on their homepage — and it's completely playable.

Scotland Yard deploys mobile fingerprint devices

Facebook stock climbs, but company faces lawsuits

Facebook's fourth day of trading as a public company saw an increase in the company's stock price and shareholder lawsuits related to the social network's botched initial public offering.

Japanese video game author wins Spanish prize

Stitcher Radio - News and Talk keeps you tuned in

HP to lay off about 27,000, profit slides 31 percent

SAN FRANCISCO (Reuters) - Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce over the next couple of years to jumpstart growth and save up to $3.5 billion annually, sending its shares 11 percent higher. The company said the layoffs would be made mainly through early retirement and would generate annual savings of $3 billion to $3.5 billion as it exits fiscal year 2014, when the layoffs are expected to the completed. The world's No. ...

HP to cut 27,000 jobs to save up to $3.5B annually

Hewlett-Packard Co. is cutting 27,000 jobs in an effort to recover from management missteps that hobbled the Silicon Valley pioneer as its rivals raced ahead with more innovative products and services.

News Summary: Facebook stock up, co. faces suits

PRICING: Facebook Inc.'s fourth day of trading as a public company saw an increase in the company's stock price, after declines on Monday and Tuesday. The stock climbed $1, or 3.2 percent, to close at $32 on Wednesday.

A look at tech companies with recent IPOs

Developments in Oracle vs Google legal case

News Summary: No Google infringement, says jury

Synopsys raises outlook, splits CEO role

Intersil to cut jobs as costs mount

News Summary: Hewlett-Packard to cut 27,000 jobs

THE CUTS: Hewlett-Packard Co. plans to cut 27,000 jobs. The reductions will affect about 8 percent of HP's nearly 350,000 employees by the time the overhaul is completed in October 2014.

Europe weighs on NetApp's outlook, stock slumps

Samsung Galaxy Note 10.1 redesigned with S Pen in mind

As previously reported, after a less than stellar unveiling at Mobile World Congress in February, Samsung delayed the launch of its Galaxy Note 10.1 in order to make revisions. The original Galaxy Note 10.1 featured a 10.1-inch 1280 x 800-pixel display, a dual-core Exynos processor clocked at 1.4GHz, 1GB of RAM and a 3-megapixel rear camera. The slate utilized Samsung’s S-Pen stylus, however unlike its “phablet” counterpart, the device lacked a slot to store the nifty stylus. Samsung has addressed the issue in the redesigned version of its upcoming tablet, and the company added a new quad-core Exynos processor as well, according to Tablet Community. Unfortunately, the South Korea vendor has not announced a release date for the device. A second image

Facebook stock climbs, but company faces lawsuits

Facebook's fourth day of trading as a public company saw an increase in the company's stock price and shareholder lawsuits related to the social network's botched initial public offering.

Facebook exec ducks questions about IPO debacle

Pandora Media raises outlook as more people tune in

(Reuters) - Online streaming music service Pandora Media Inc reported better-than-expected revenue and raised its full-year guidance as more people tuned in. The stock climbed 17 percent in extended trading after closing at $10.33 on Wednesday. "We are making excellent progress on all fronts - consumer adoption continues at an extraordinary pace," Pandora Chief Executive Joe Kennedy said in an interview with Reuters. Pandora raised its full-year revenue outlook to a range of $420 million to $427 million from a previous forecast of $410 million to $420 million. ...

Pandora 1Q loss triples but better than forecast

How consumer-electronics makers are faring

Congressional panels reviewing Facebook IPO issues

A look at recent tech-industry earnings

How chips, PCs, services companies are faring

Scotland Yard deploys mobile fingerprint devices

Prices of Facebook stock since long-awaited IPO

Facebook may move shares to NYSE

Major decisions under new HP CEO Meg Whitman

Meg Whitman became CEO of Hewlett-Packard Co. in September, replacing Leo Apotheker, who was fired after less than a year on the job. Here are some major decisions under her leadership:

Hewlett-Packard's employment count over the years

Hewlett-Packard Co.'s payroll has grown over the past decade, partly because of its purchase of computer maker Compaq in 2002 and technology-services provider Electronic Data Systems in 2008.

Key moments in Hewlett-Packard's recent history

On Wednesday, Hewlett-Packard Co. announced plans to cut about 8 percent of its work force, or 27,000 workers, by October 2014. It comes as the maker of personal computers struggles to compete with mobile devices.

NetApp's shares tumble on weak 1Q forecasts

Expedia shares rose on signs of growth in Europe

Play on: Google posts synthesizer tribute to Moog

Bob Moog's synthesizer helped change the sound of modern music. On what would have been his 78th birthday, Google is paying tribute to the man with a virtual version of his famous Moog on their homepage — and it's completely playable.

Facebook’s record-breaking IPO put into perspective

Facebook made its initial public offering last Friday and while it didn’t go as smoothly as many had hoped, the offering was still the largest of its kind. Facebook stock began trading at $42 on Friday before closing just above $38, the IPO price set by bankers the night before. The stock has since slid further, touching $30 in pre-market trading on Wednesday morning, and media coverage has turned sour as investors continue to balk. All things considered, however, the $16 billion Facebook raised on Friday smashed Google’s earlier record by more than eight times and made Facebook’s offering the biggest in Internet IPO history. To put things in perspective as Facebook’s stock battles to climb back to the $38 mark