The Co-President of Oracle Mark Hurd will take the stage on September 20 at Oracle OpenWorld, a massive customer trade show, which is going to take place in San Francisco.
Thus, the customers of Oracle must mark this important date on their calendars, as Hurd will have words with a large number of Oracle customers.
Hurd was in controversy due to his relationship with marketing contractor Jodie Fisher and before resigning from HP, he had a confidential settlement over the harassment complaint. At the event, some people might expect Hurd to throw some light on these issues.
According to a report released by cyber security expert a fluke has been revealed in case of HP's Photosmart and Officejet printers that is associated with a WebScan feature, and aides in scanning any document via a web browser.
The issue can aid in connecting the LAN network via a scanner that helps dig out any document that comes with the scanner. Almost all the HP printers and scanners are tagged along with HP WebScan, which deals with the web based server that comes with the device that aides in remote scanning and administrative operations.
After Dell called off its bid for 3Par, data storage Company, Hewlett-Packard gained victory over acquiring the Company on Thursday.
The computer giant HP is hopeful that the deal will be complete by the end of December. The deal got finalized at an offer price of around $2.4bn or $33 a share. 3 Par nullified its merger agreement with Dell by paying it a $72m fee.
The purchase offer of $18 was accepted publicly by 3 Par initially, but the competition between Dell and HP raised the price of the offer.
Dell the group that had protected the support of 3PAR's panel for an agreement less than three weeks before expressed that it had gathered a calculated attitude all through the procedure and had determined to terminate these negotiations.
3PAR will have to shell out Dell a $72m break fee following the computer manufacturer finished its involvement in the bidding course of action.
Hewlett-Packard (HP) is in no mood to let its rival Dell get hold of the data storage firm 3PAR.
HP again raised its offer for 3Par to $33-a-share, which values the manufacturer of the data storage systems at around $2.3 billion.
HP’s new offer has put an end to an 18-day bidding war with Dell as Dell refused to match HP’s $33-a-share offer.
Speaking on the new offer, Dell corporate strategy senior vice president Dave Johnson confirmed, “We took a measured approach throughout the process and have decided to end these discussions.”
The on-going bidding war for 3PAR will not finish until Hewlett Packard (HP) and Dell stop bidding for the data storage firm.
HP raised its offer for 3PAR for the third time in a week. It offered $30 per share for the data storage firm, outshining Dell’s offer of $27 per share, which had reportedly been accepted by California-based 3PAR.
HP’s latest offer values 3PAR at $2 billion. The bid equates to more than 8 times of 3PAR’s forecast sales. Commenting on the topic, OptionSizzle.com Founder Joshua Belanger said, “It's purely a lotto ticket. It's an all-or-nothing play.”
Computer giant Hewlett-Packard (HP) has finally confirmed that it has been developing a both Windows and WebOS-based tablets.
HP announced that one of the two potential tablets would run webOS, Palm’s mobile operating system, while another would be based on Microsoft Windows 7. HP had purchased Palm in a $1.2 billion deal in April.
The webOS-based tablet will be launched early next year, but no comments were made about the release date of Windows 7 tablet.
Hewlett-Packard Co. is reported to have named Spencer Stuart Inc. MD as its new Chief Executive following the ouster of Mark Hurd this month.
As per three sources known with the matter, James Citrin, a Managing Director at Spencer Stuart and Thomas Neff, the firm's U. S. Chairman, will spearhead the Company.
Hurd was made to file for a resignation from the firm following an investigation that claimed that he presented superfluous expenditure reports in a bid to hide his personal relationship with a former H-P marketing contractor, Jodie Fisher.
As declared by Hewlett-Packard on Tuesday, it will acquire Fortify Software that is compliance software and manufactures tools to detect software vulnerabilities. The stated Company is a private firm in San Mateo, California. The price of the acquisition has not been disclosed yet.
Fortify Software makes such equipments that check the threats to the software lies within the security code, which is usually abused by hackers to steal information stored on the devices.
In order to work with Medicare Part B coverage, HP Enterprise Services has been given a $200 million contract. On Monday, the HP Enterprise, which is part of Hewlett-Packard Co. in Palo Alto, Calif., said that according to the agreement, it will perk up claims processing and the provision of health care services, too.
The contract has a one-year base time and seven one-year renewal options. It was bestowed by the Centers for Medicare and Medicaid Services
The firm's board decided to stand by Mark V. Hurd, even after he was accused of having sexually assaulted a former actress of erotic movie themes.
The Directors of the firm would frequently discuss about him getting the world's leading technology firm back to its roots, since he was an innovator.
It was difficult to swallow that Mr. Hurd, who would boast of his integrity, would be involved in something so crooked, as per those who contained knowledge of the board's perceptions.
As per the specialists in boardroom practice, an occurrence of ambiguity in the accord signed between the firm and the chief made it really difficult for Hewlett-Packard to chuck him out in all aspects.
And, this came as an additional pressure upon the board to reimburse him severance pay that could be valued at almost $40 million regardless of his confession that there had been ethical lapses while he was in office.
Analysts and executive recruiters said that Mark Hurd, the ex-CEO of Hewlett-Packard Co., who was compelled to resign from his office, could rather now make his career in private equity instead of chairing a publically held firm.
Hurd, 53, backed out after it was alleged that he had sexually harassed an employee, after which, the instance led to an internal investigation that turned up inept expense reports and a personal relationship with contract staff member working with HP.
Hewlett-Packard has started facing hard-hitting comments over to force former chief executive Mark Hurd to resign.
Board of directors had asked for Mr. Hurd’s resignation over ethics violations related to his controversial relationship with marketing contractor, Jodie Fisher.
Fisher, who worked for H-P as a contractor from late 2007 through 2009, had leveled a sexual harassment charge against Hurd in June.
The resignation by Mark V. Hurd, the ex-CEO of Hewlett-Packard, has put the Company into appraisal by many. There have been questions if the Company is adhering to corporate responsibility.
Mr. Hurd was accused of greasing the palms of opponents and reducing the costs in the HP, which benefitted the investors with a return of 140%. Also, he was accused of filing bogus expense reports worth around $20,000. A realty-TV contestant, Jodie Fisher, blamed Mr. Hurd of sexual harassment.