Hewlett-Packard Co. added three directors, including former Microsoft Corp. software head Ray Ozzie, as Chief Executive Officer Meg Whitman tries to bolster sales with new technology and services amid a global PC slump.
Oracle Corp. is casting aside longstanding rivalries with Microsoft Corp. and Salesforce.com Inc., with partnerships to bolster its cloud-computing services aimed at businesses moving their software online.
Oracle Corp., the largest maker of database software, fell to a seven-month low after sales missed estimates for a second straight quarter as customers shifted spending to competitors’ Web-based business tools.
Hewlett-Packard Co. Chief Executive Officer Meg Whitman is reorganizing the company’s struggling personal-computer business, replacing longtime head Todd Bradley with one of his deputies amid a global PC slump.
Hewlett-Packard Co. ’s Mark Hurd surprised the board by settling a sexual-harassment claim before directors could learn more about the incident, a final breach of trust that contributed to his ouster as chief executive officer, two people familiar with the decision said.
Former Hewlett-Packard Co. Chief Executive Officer Mark Hurd tried to persuade Jodie Fisher to have sex and kissed and touched her inappropriately while she was a company events contractor, according to a much-contested letter that was ordered to be released by a court yesterday.
The sudden departure of Hewlett- Packard Co. Chief Executive Officer Mark Hurd leaves the company in search of a successor who can integrate more than $20 billion in acquisitions and maintain sales growth.
Hewlett-Packard Co. asked a Delaware judge to dismiss a shareholder lawsuit seeking documents related to former Chief Executive Officer Mark Hurd ’s departure, saying the request is “overbroad” and fails to set forth a basis to find probable wrongdoing.
Hewlett-Packard Co.’s lawsuit seeking to block former Chief Executive Officer Mark Hurd from working at Oracle Corp. may be hard to win because California’s courts favor letting employees move freely, legal experts said.