Ann Livermore News
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Oracle Corp. last year reneged on its contractual obligation to develop software for Hewlett- Packard Co. servers, a lawyer for Hewlett-Packard told a California judge at the end of a trial.
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Oracle Corp. Co-President Safra Catz testified that the company’s agreement with Hewlett-Packard Co. didn’t require it to continue making software that was compatible with Intel Corp.’s Itanium chip.
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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.
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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.
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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.
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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.
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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.
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Cathie Lesjak , who took over Hewlett- Packard Co. temporarily after Mark Hurd quit last week, inherited a growth slowdown and a senior staff who may be distracted by jockeying for the top job.
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Hewlett-Packard Co. , the world’s largest personal-computer maker, plans to cut about 9,000 jobs and retool its computer-services business to help it compete with International Business Machines Corp.
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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.
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