HP may decide fate of webOS tonight

By on November 9, 2011 at 12:40 AM.

HP may decide fate of webOS tonight

HP is reportedly holding a meeting Tuesday night during which it may decide the fate of its webOS mobile platform, The Verge reported on Tuesday. The meeting will take place after the market closes and will be led by CEO Meg Whitman at 4:30 p.m. PST. According to Reuters, HP has been toying with the idea of selling the unit and possible suitors include Amazon, Intel, Oracle, Research In Motion and IBM. The potential sale will likely fetch far less than the $1.2 billion that HP paid to acquire Palm in 2010. HP originally said it was killing off webOS hardware in August, and recent reports have suggested HP will soon put the final nail in the webOS coffin and subsequently lay off 500 webOS employeesMore →

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Former eBay chief Meg Whitman replaces Apotheker as HP CEO

By on September 23, 2011 at 1:27 AM.

Former eBay chief Meg Whitman replaces Apotheker as HP CEO

Former eBay CEO Meg Whitman has officially replaced Leo Apotheker as the CEO of HP. Unlike Apotheker, Whitman has experience working in the consumer market after spending 10 years with eBay. Ray Lane will assume the executive chairman position on the board of directors. “We are fortunate to have someone of Meg Whitman’s caliber and experience step up to lead HP,” Lane said. “We are at a critical moment and we need renewed leadership to successfully implement our strategy and take advantage of the market opportunities ahead. Meg is a technology visionary with a proven track record of execution. She is a strong communicator who is customer focused with deep leadership capabilities. Furthermore, as a member of HP’s board of directors for the past eight months, Meg has a solid understanding of our products and markets.” Read on for the full press release from HP. More →

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