A top Hewlett-Packard Co. executive testified she was “furious and appalled” when Oracle Corp. announced in a 2010 press release that it would no longer support Itanium chips used in Hewlett-Packard servers.
Hewlett-Packard Co. was “shocked” when Oracle Corp. abruptly announced last year that it would no longer provide software support and broke its contractual commitment, a Hewlett-Packard lawyer told a judge.
Hewlett-Packard Co. Chief Executive Officer Leo Apotheker elevated executives in the software, sales and services divisions, part of a leadership realignment aimed at boosting sales and making managers more accountable.
Hewlett-Packard Co.’s board is nearing a decision on a successor to Mark Hurd as chief executive officer, and is leaning toward picking an internal candidate, according to a person familiar with the matter.
Hewlett-Packard Co. ’s Mark Hurd resigned as chief executive officer after an investigation found he had a personal relationship with a contractor who received numerous inappropriate payments from the company.
New Hewlett-Packard Co. Chief Executive Leo Apotheker may reshuffle the company’s top executives and emphasize its most profitable units such as software, networking and storage, the Wall Street Journal said, citing unidentified people briefed on his plan.