HP’s PC Division Decision This Month
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HP will decide on the future of its PC business this month, according to a statement from its newly installed CEO.
While it was under the Apotheker captaincy the firm announced rather shocking plans to dump the PC business. Okay, it didn’t explicitly say that, rather it said that it would consider selling it or spinning it off, which apparently meant something else to HP than it did to normal people.
According to Bloomberg, new HP CEO Meg Whitman sprinkled a little more colour into the HP PC business tapestry, and in a conference call said that the firm is almost ready to say what its plans are.
It’s likely that shareholders and the board are still reeling from the suggestion, but the extra time will give HP room to decide on what it wants to do with the still profitable, but boring hardware arm.
While it was under Leo Apotheker’s rule the firm had given itself the deadline of the end of the year for a decision, but presumably sick of people asking her, “what are we going to do with the PC business?”, Whitman has bought the decision forward.
Will Oracle Buy HP?
October 9, 2011 by admin
Filed under Around The Net
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Word on the street is that Oracle has threatened to buy its sworn enemy HP. According to the Times of India, HP directors are terrified that their falling shares would make the company vulnerable to a bid from Oracle. Apparently this was the reason for the sudden sacking of Leo Apotheker.
Oracle has considered informally whether to approach Hewlett-Packard, but it’s unlikely to make a bid any time soon. But to make sure HP has hired Goldman Sachs to help it prepare for any possible moves by activist investors, one person said.
If Oracle were to make a hostile takeover it would be with the sole aim of getting rid of a lot of people who have hacked Larry Ellison off. It might even result in Mark Hurd returning to the company.
Is HP Going To Court?
September 25, 2011 by admin
Filed under Uncategorized
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HP and its top executives have been accused of misleading investors before a slump in its stock price.
HP is facing a class action lawsuit filed by Robbins Geller Rudman and Down alleging that CEO Leo Apotheker and CFO Cathie Lesjak misled investors before making announcements that included the possible spin-off of its PC business, dumping WebOS devices and the purchase of British software outfit Autonomy.
Those announcements, all made in one afternoon, led to a 20 per cent drop in HP’s share price the following day. That, according to Reuters, was the largest one day decline in HP’s share price since 1987.
The lawsuit against HP does not specify damages but it serves to highlight the growing concern at the way Apotheker is leading HP. The firm’s announcement that it was considering leaving the PC business was a shock to many, but its decision to dump its WebOS devices was perhaps the biggest shock of the lot.
While HP’s PC business was always seen as a low margin operation, WebOS was viewed as a core part of HP’s future strategy. The firm kept banging on about slipping WebOS into as many devices as possible, however all that talk evaporated, just like HP’s Touchpads when it sold them off at fire sale prices for a massive loss.
The Linux Kernel Got Hacked
Servers that are part of the Linux kernel.org infrastructure were affected during a recent intrusion where attackers managed to gain root access and plant Trojan scripts.
According to an email sent out to the community by kernel.org chief administrator John Hawley, known as warthog9, the incident started with the compromise of a server referred to as Hera. The personal colocated machine of Linux developer H Peter Anvin (HPA) and additional kernel.org systems were also affected.
“Upon some investigation there are a couple of kernel.org boxes, specifically hera and odin1, with potential pre-cursors on demeter2, zeus1 and zeus2, that have been hit by this,” Hawley wrote.
The intrusion was discovered on 28 August and according to preliminary findings attackers gained access by using a set of compromised credentials. They then elevated their privileges to root by exploiting a zero-day vulnerability that the kernel.org administrators have yet to identify.
Fortunately, logs and parts of the exploit code were retained and will help the investigation. A Trojan was added to the startup scripts of affected systems, but gave itself away through Xnest /dev/mem error messages.
According to the kernel.org admins, these error messages have been seen on other systems as well, but it’s not clear if those machines are vulnerable or compromised. “If developers see this, and you don’t have Xnest installed, please investigate,” the administrators advised.
The good news is that the exploit failed on systems running the latest Linux kernel version, 3.1-rc2, which was released two weeks ago. This is possibly the fortunate consequence of one of the bugfixes it contains.
Accused Hacker Out On Bail In England
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The accused ‘Topiary’, whose name is Jake Davis, was charged on Sunday and bailed by the courts yesterday. He was charged with five offences: Unauthorised access to a computer system, Encouraging or assisting offences, Conspiracy with others to carry out a Distributed Denial of Service Attack on the website of the Serious and Organised Crime Agency, Conspiracy to commit offences of Section 3 Computer Misuse Act 1990, and Conspiracy with others to commit offences of Section 3 Computer Misuse Act 1990 contrary to Section 1 of the Criminal Law Act 1977.
According to a report at the Guardian, his bail conditions are that Davis must wear an electronic tag, not access the internet, and not leave his house between 10pm and 7am.
Davis, who appeared outside court wearing sunglasses and holding a copy of “Free Radicals: The Secret Anarchy of Science” by Micheal Brooks and who allegedly authored the Rupert Murdoch is dead story that appeared on the hacked web site of the Sun newspaper, has already gained support on the internet in general and especially on Twitter.
HP Exec Claims Evidence Was Falsified
HP has been accused of producing “false and fabricated” evidence against a former sales executive who the firm claims stole confidential information.
Adrian Jones, who was a sales executive at HP, left the firm to join Oracle in February 2011. HP claims that Jones nabbed a load of confidential information between 10 and 11 February using a removable hard drive. Jones told the court that the hard drive was used by HP for backup and was never in his possession, saying that HP and its outside counsel have confirmed these facts.
Jones’ current employer Oracle said that the accusations leveled at its employee are simply not true, with Deborah Hellinger, a spokeswoman for Oracle telling Bloomberg, “The central allegation in HP’s employment lawsuit against Adrian Jones has turned out to be complete fiction…. If they did it knowingly then HP and their lawyers should be sanctioned. If they did it mistakenly then they simply owe Mr Jones an apology.”
HP is said to have probed Jones’ relationship with a female subordinate, for whom Jones allegedly arranged a 94 per cent pay rise and expensed travel that had no business purpose.
Jones’ case mirrors that of former HP CEO Mark Hurd who left the company after similar expense discrepances were brought to light. Hurd, a close friend of Oracle CEO Larry Ellison, then joined Oracle as co-president within weeks of leaving his post at HP.
HP and Oracle have been going at it hammer and tongs in a largely public row over Oracle’s decision to dump support for Intel’s Itanium architecture. The two companies are in various other legal battles as well, with HP claiming that Oracle had gone from being a partner to a “bitter antagonist”. We assume the next lawsuit will claim that Oracle stole HP’s lunch money and beat it up behind the bike shed, or perhaps the other way around.
Motorola Xoom Sales Better Than Expected
May 2, 2011 by admin
Filed under Consumer Electronics
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Motorola Mobility shipped 250,000 Xoom tablets in the first month the device was released, the company said on Thursday as part of their first-quarter earnings report.
The tablet, the first to run Google’s Android Honeycomb OS, went on sale in February. Within weeks, several analysts said early sales numbers were disappointing. By early April, one analyst estimated that Motorola had sold a total of 100,000 of the tablets.
Shipping a quarter of a million in a month isn’t quite the same as Apple first iPad shipment, but the number appears to be better than most had expected.
For the full year, Motorola is expecting to sell 1.5 million to 2 million tablets, it said. It plans to introduce new tablets, including some with new form factors, this year, executives said during a conference call to discuss first-quarter results.
During the quarter, Motorola Mobility also began selling the Atrix, a phone that can be docked into a device with a full keyboard and monitor. Some analysts have also said sales of the Atrix are unimpressive.
The company did not release Atrix sales numbers separately. It said it shipped 9.3 million mobile devices, including 4.1 million smartphones, during the quarter.
Motorola expects to record an operating profit for the full year, but faces challenges ahead. It has delayed the launch of the Bionic, its first LTE device, and on Thursday said the delay is related to a software problem. That same problem is also pushing back the launch of LTE on the Xoom, which was initially expected for the first half. Both the LTE Xoom and the Bionic are now expected to come in “summer,” which in North America could be as late as September.
Verizon Caps Data
March 2, 2011 by admin
Filed under Smartphones
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Verizon Wireless will join AT&T in implementing data caps in the very near future, probably in mid-summer, Verizon CFO Fran Shammo said at an investor’s conference Tuesday.
The exact timing for the move to a tiered-pricing structure has not been announced, however. AT&T squashed unlimited data plans for new customers last year.
Verizon has been selling the iPhone 4 since Feb. 10 with a $30 unlimited plan, which also applies to other smartphones it sells that are on the Verizon CDMA/EV-DO network.
Shammo said some of the details of the data caps and tiered pricing will come when Verizon launches the HTCThunderbolt on LTE soon. Thunderbolt will have a 4.3-in. screen and run Android, Verizon said in January. Read More….