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Hewlett-Packard unveiled its first product for the fast-growing tablet market, a $799 device running Microsoft Windows that is aimed at business customers.
HP’s Slate 500 attempts to replicate the PC experience in a tablet form, providing a contrast to rivals who have brought more of a smartphone feel to their devices. The Slate runs the same version of Windows 7 used by many companies on their standard PCs. Get the full story »
Shares of Hewlett-Packard Co. tumbled Monday in the first trading day following CEO Mark Hurd’s sudden forced resignation Friday from the world’s largest technology company. Hurd stepped down from the post Friday following allegations that he falsified expense reports to conceal a relationship with a former contractor.
Hewlett-Packard Co. said CEO Mark Hurd is stepping down following a sexual-harassment probe that found other violations of company standards. HP said Friday that Hurd decided to leave after the investigation into a sexual-harassment claim made against him and the company by a former HP contractor. The probe concludes that the company’s sexual-harassment policy was not violated, but that its standards of business conduct were.
